Download or read book Role of Public Sector Banks in Indian Economy written by Krishan Kant Upadhayay and published by . This book was released on 2009-01-01 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Public Sector Banking in India written by B. Rangaswamy and published by Publications Division Ministry of Information & Broadcasting. This book was released on 2016-09-11 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This book assesses how public sector banks have been playing a pivotal role in our lives, since the past several decades.

Download or read book Priority Sector Lending in India by Public Sector Banks written by Dr. Sanjeev Kumar and published by EduPedia Publications (P) Ltd. This book was released on 2017-01-13 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book entitled “Priority Sector Lending in India by Public Sector Banks- A Study of Pre and Post-Reform Period” is a Ph.D. thesis evaluated by Dr. Tapan Choure, Professor and Head, Vikram University, Ujjain (MP) and Dr. Shakuntla Gupta, Professor, Punjabi University Patiala (Punjab). Both these evaluators had recommended the publication of the thesis in its present form. Two research papers have been published from this thesis in the journal of “the Finance-India” and the Indian Journal of Economics. Commercial banks are supposed to play an important role in achieving the economic development by providing effective institutional credit support to various regions/sectors/sections. Banking has been viewed as a catalytic agent that must develop and support not only single element of national economy, but, also provide an effective link between the productive, distributive and consumption side of it. One of the most important objective of government policies since bank nationalization has been to extend and expand credit not only to those sectors which were of crucial importance in terms of their contribution to national income and employment, but, also to those sectors which have been severely neglected in terms of access to institutional credit. Those sectors which were to be initially identified for this purpose were agriculture, small scale industries and self employed persons. These sectors were accorded priority status in credit allocation by the banks. In fact, priority sector is still the butter and bread, both, literally and figuratively of Indian economic growth. Therefore, they require a special status. Though, there is no known formal decision by the government regarding curtailment in priority sector credit, yet, serious attempts have been in recent years to dilute the norms of priority sector lending. New banking culture after banking sector reforms is set to focus on credit to customer durables’, to corporate allied and to capital market related activities. Since the aim of banking reforms is to make public sector banking more proficient in treasury operations, the importance of investing in priority sector seems to have lost its relevance for banks. The present study seeks to analyze the growth and structure of priority sector lending in different states during the pre and post-reform period in India. Further, an attempt is also made to probe the trends in disparities in priority sector lending across the selected states of India. The scope of the study is confined to priority sector lending by the public sector banks only. Since public sector banks represent majority of the commercial banking activities in India, the overall trend can be easily determined by analyzing the data of priority sector lending of the public sector banks alone. Public sector banks are those, which are included in the second schedule of Reserve Bank of India Act 1934. However, the regional rural banks are not included in the present study. The main objective of the study is to analyze the level and structure of priority sector lending in India during the pre and post-reform period. How with economic reforms, the growth and composition of priority sector lending has been affected needs to be analyzed. Further, to what extent the different stipulated targets of priority sector lending are met also remains to be examined. Whether, priority sector credit is evenly disbursed across different states/sectors or is confined to few states/sectors remain to be studied. So, the present study is an attempt to evaluate the performance of public sector banks during the pre and post-reform period in priority sector lending. The study comprises eight chapters in all. The first chapter contains the role of commercial banks in the process of economic development and the genesis of priority sector lending in India. Also, various issues relating to non-performing assets (NPAs) in priority sector lending is discussed in this chapter. Further, a brief review of literature on priority sector lending by the public sector banks has been presented in the second chapter. The third chapter outlines the need, scope, objectives, hypothesis, limitations and methods of investigations used in the study. In the fourth and fifth chapter, the performance of public sector banks in financing agriculture and small scale industries has been analyzed respectively. In the sixth chapter, the performance of banks with respect to ‘other priority sector’ has been evaluated. In the seventh chapter, the performance of public sector banks with respect to overall priority sector lending has been examined. The growth and structure of NPAs in priority sector lending are also analyzed in the seventh chapter. Finally, summing up of the findings and conclusions of the present study and suggestions for improving the quality of priority sector lending by public sector banks finds a place in the eighth (last) chapter of the study.

Download or read book Appraising Public Sector Bank Performance Since Liberalization written by Samir and published by . This book was released on 2023-06 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the liberalization of the Indian economy in the 1990s, the performance of public sector banks (PSBs) in India has been a subject of evaluation. PSBs have played a crucial role in promoting financial inclusion and extending banking services to underserved populations, particularly in rural and remote areas. They have maintained a dominant market share in the Indian banking sector, despite increasing competition from private and foreign banks. However, PSBs have faced challenges related to non-performing assets (NPAs) or bad loans, which have affected their profitability and capital adequacy. The government has implemented measures such as recapitalization to address these issues and strengthen PSBs' balance sheets. Governance issues, including political interference and bureaucratic processes, have also impacted their performance. Efforts have been made to improve the governance structure and autonomy of PSBs, including the introduction of measures like the Bank Board Bureau and the Insolvency and Bankruptcy Code. These initiatives aim to enhance transparency, efficiency, and accountability in PSB operations. Overall, while PSBs have made significant contributions to financial inclusion and played a crucial role in the Indian banking sector, their performance since liberalization has been affected by challenges related to NPAs and governance.

Download or read book Weaker Section Finance in India Role of Public Sector Banks written by Dr. Ramchandra Patil and published by Lulu.com. This book was released on with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Dynamics of Indian Banking written by Manoranjan Sharma and published by Atlantic Publishers & Dist. This book was released on 2008 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Indian Economy Reforms and Development written by Pradip Kumar Biswas and published by Springer. This book was released on 2019-08-09 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book presents a comprehensive study of the impact of policy reforms on output, employment, and productivity growth across sectors of India since 1991. It showcases varied responses from different sectors as they faced different degrees of policy interventions, and challenges or opportunities as regards markets, technology, and availability of skills and other complementary resources. The book also discusses the contributions of the service sector on India’s GDP and employment. The book throws light on the phenomena of rising inequality and persistent poverty which continues to shadow and be a hallmark of post-reform India, despite high economic growth. It underlines the failure of these reforms to bring about major change in social and economic organizations and institutions. The book’s contents stress on the criticality of addressing these issues as they have a serious potential of jeopardizing the country’s ability to maintain high growth momentum. With these pertinent topics, the book would be of interest not only to the research community, but also to policy makers and practitioners of various sectors addressed here.

Download or read book Structural Reforms in Industry Banking and Finance written by C. Rangarajan and published by Institute of Southeast Asian Studies. This book was released on 2000 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: The year 1991 marked an important watershed in the economic history of post-Independent India. The country went through a severe economic crisis triggered by a serious balance of payments situation. The crisis was converted into an opportunity to introduce some fundamental changes in the content and approach to economic policy. The purpose of this book is to detail the structural reform process undertaken by India and to evaluate its results. In the post-liberalization period, the country has moved to a higher growth path. Objective conditions exist for the economy to grow at a sustained rate of seven per cent. The slow growth in agriculture and the consequent impact of a slower decline in poverty reduction are areas of concern.

Download or read book Financial Sector Reforms and India s Economic Development written by N. A. Mujumdar and published by . This book was released on 2002 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Leading Issues in Indian Economy written by Manoranjan Sharma and published by Atlantic Publishers & Dist. This book was released on 2005 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Deregulation Of The Indian Economy, Which Started In The 1980S, Received An Impetus In 1991. While The Balance Of Payments Crisis May Have Provided The Immediate Trigger, There Were Structural And Deeper Long-Term Reasons Underlying A Paradigm Shift Of The Economy In 1991. Thus The Period 1992-2004 Marks A Decisive Break With The Past Trend Of Macroeconomic Growth. Most Development Indicators Are Favourable With Foreign Exchange Reserves Rising Above Us$ 130 Billion, Some Segments Of Manufacturing Acquiring International Competitiveness, Growth Of Indian Financial System, Likely Acceleration In It Sector And Enhanced Trade And Investment Cooperation Between India And Asean And East Asian Countries. The Services Sector Is Expected To Gain Further Momentum From The Commodity Producing Sectors, Particularly In The Trade, Transport And Communication Segments And In New Economy Activities. But There Is A Compelling Need To Make The Economy More Competitive, Open And Efficient Through Appropriate Macroeconomic Policies And Financial Standards.There Are Many Daunting Challenges Hampering The Ushering In Of A New Deal . In The Ultimate Analysis, The Crux Of The Issue Lies In A Revival Of Investment (Particularly In Manufacturing), A Transformation Of Agriculture, Check On Deficits Of The Central And State Governments, Privatisation, Change In Labour Laws, Availability Of Efficient And Sufficient Infrastructure At Reasonable Cost, Rise In Per Capita Income, Reduced Regional Disparities And The Social Dimension Of Growth A Sharper Focus On Employment, Health, Education And Gender Equality For Broad-Based Socio-Economic Inclusive Development. For, The Success Of The Development Strategy Requires A Sustained And Rising Income For Everyone And Removal Of Poverty And Deprivation Within A Reasonable Time Frame.The Book Would Be Useful To A Wide Cross Section Of The Reading Public, Including Scholars And Academics, Government Executives, International Institutions, Business Communities And Planners And Policymakers.

Download or read book Indian Financial Sector written by Rakesh Mohan and published by International Monetary Fund. This book was released on 2017-01-20 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper traces the story of Indian financial sector over the period 1950–2015. In identifying the trends and turns of Indian financial sector, the paper adopts a three period classification viz., (a) the 1950s and 1960s, which exhibited some elements of instability associated with laissez faire but underdeveloped banking; (b) the 1970s and 1980s that experienced the process of financial development across the country under government auspices, accompanied by a degree of financial repression; and (c) the period since the 1990s till date, that has been characterized by gradual and calibrated financial deepening and liberalization. Focusing more the third period, the paper argues that as a consequence of successive reforms over the past 25 years, there has been significant progress in making interest and exchange rates largely market determined, though the exchange rate regime remains one of managed float, and some interest rates remain administered. Considerable competition has been introduced in the banking sector through new private sector banks, but public sector banks continue have a dominant share in the market. Contractual savings systems have been improved, but pension funds in India are still in their infancy. Similarly, despite the introduction of new private sector insurance companies coverage of insurance can expand much further, which would also provide greater depth to the financial markets. The extent of development along all the segments of the financial market has not been uniform. While the equity market is quite developed, activities in the private debt market are predominantly confined to private placement form and continue to be limited to the bluechip companies. Going forward, the future areas for development in the Indian financial sector would include further reduction of public ownership in banks and insurance companies, expansion of the contractual savings system through more rapid expansion of the insurance and pension systems, greater spread of mutual funds, and development of institutional investors. It is only then that both the equity and debt markets will display greater breadth as well as depth, along with greater domestic liquidity. At the same time, while reforming the financial sector, the Indian authorities had to constantly keep the issues of equity and efficiency in mind.

Download or read book The Presidency Banks and the Indian Economy 1876 1914 written by Amiya Kumar Bagchi and published by Oxford University Press, USA. This book was released on 1989 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book to examine the central role played by the Presidency banks in the Indian money market from 1876-1914, this study provides an analysis of exchange bacnks and the international payment mechanisms to challange conventional notions of the causes and consequences of a depreciating currency.

Download or read book Papers Read at the Annual Conference of the Indian Economic Association written by Indian Economic Association. Annual Conference and published by . This book was released on 1958 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book India s New Economy written by J. K. Sengupta and published by Springer. This book was released on 2008-11-27 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines India's new economy - its strengths, weaknesses and potential. The book covers three key areas of growth in India's economy - the IT (information technology) sector, export trade (with its externality effects) and the financial sector (in particular, banking reforms).

Download or read book Deregulation and Efficiency of Indian Banks written by Sunil Kumar and published by Springer Science & Business Media. This book was released on 2013-10-23 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: ​ The goal of this book is to assess the efficacy of India’s financial deregulation programme by analyzing the developments in cost efficiency and total factor productivity growth across different ownership types and size classes in the banking sector over the post-deregulation years. The work also gauges the impact of inclusion or exclusion of a proxy for non-traditional activities on the cost efficiency estimates for Indian banks, and ranking of distinct ownership groups. It also investigates the hitherto neglected aspect of the nature of returns-to-scale in the Indian banking industry. In addition, the work explores the key bank-specific factors that explain the inter-bank variations in efficiency and productivity growth. Overall, the empirical results of this work allow us to ascertain whether the gradualist approach to reforming the banking system in a developing economy like India has yielded the most significant policy goal of achieving efficiency and productivity gains. The authors believe that the findings of this book could give useful policy directions and suggestions to other developing economies that have embarked on a deregulation path or are contemplating doing so.

Download or read book Indian Economy written by C. Rangarajan and published by UBS Publishers' Distributors, Limited. This book was released on 1998 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focuses On Select Policy Issues With Regard To The Indian Economy, Comprises A Collection Of Lectures Delivered By The Author At Various National And International Conference During 1992-97.

Download or read book Role of Development Banks in a Planned Economy written by Prabhu Narain Singh and published by Delhi : Vikas Publishing House. This book was released on 1974 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: On the contributions of development banks to the private sector toward economic planning in India; a study.