A Study of the Aftermath of Globalization in Indian Banking Sector
Journal Title: IOSR Journal of Economics and Finance (IOSR-JEF) - Year 2018, Vol 9, Issue 3
Abstract
Changes are taking place in the financial market on regular basis at worldwide. Adherence of inheritance is not the custom of financial markets. To survive in the financial markets, one should adopt rapid changes in the economy. The structure and functions of the banks got entirely changed after globalization. The home nation opened numerous doors to other nations to develop the economy of the home nation as well as other nations. Countries are importing needed goods and services from other countries and export their own surplus production. This exchange mechanism enhances the chances of banking sector in both home and host countries. The foreign banks began to operate in home countries and home country banks started their overseas branches in the foreign countries. This innovative banking technology increases the financial contribution towards the national economy. The impact helps to stabilize the economic condition of the nation. This paper is an attempt to explore the impact of globalization in the Indian banking sector.
Authors and Affiliations
Mr. Prajeesh . P, Mr. Jamsheer. C K, Mr. Syam Prasad K
Keywords
Related Articles
- EP ID EP414811
- DOI 10.9790/5933-0903021316.
- Views 238
- Downloads 0
Problems & Prospects of Microfinance Institutions–with Special Reference to Chandigarh
Microfinance is defined as any activity that includes the provision of financial services such as credit, savings, and insurance to low income individuals which fall just above the nationally defined poverty line, and po...
Bottleneck as a Determinant Factorinfluencing The Implementation Of Knowledge Management Inministerial Establishmentsin Rivers State
This study investigated bottleneck as a determinantfactor influencingthe implementationof knowledge managementin River State Ministries. The focus of the study was mainly on techno-centric aspect of knowledge management...
Knowledge Capital, Human Capital Stocks and the Growth of Africa Economies: A Panel Data Analysis
This paper seeks to answer the question of how Africa economies can sustain growth. The endogenous growth model developed by Romer (1986) and Lucas (1988) has focused on the role of human capital and by modification, kno...
Extensive Tobacco Cultivation in Kushtia District of Bangladesh: Changes in Cultivators’ Perception Regarding External Cost
This paper aims at exploring whether tobacco growers receive positive marginal social benefit than the marginal social cost they incur from extensive tobacco cultivation in rural areas of Bangladesh. This study uses prim...
“Comparative Performance Analysis Of P/E And Peg Ratio In Selected Stocks”
Investments in capital market is very confusing. It involves the decision making as to which stock to buy and which one to hold or sell. Time is an important factor that affects the investment decisions in the capital ma...