BANKING SECTOR REFORMS AND IT’S IMPACT ON INDIAN ECONOMY
Journal Title: International Journal of Marketing and Technology - Year 2011, Vol 1, Issue 1
Abstract
Indian economy has been recording impressive growth rates since 1991. The main thrust of the financial sector reforms has been the creation of efficient and stable financial institutions and development of the markets, especially the money and government securities market. In addition, fiscal correction was undertaken and reforms in the banking and external sector were also initiated. The year 1991-92 is the year of remarkable initiatives taken by the Government of India affecting the various facets of the Indian economy. Considering the scenario in which banking sector was in the year 1990-91, a number of initiatives were taken by the Reserve Bank of India for improving the efficiency of the banking sector and for opening up the banking sector. Taking this as a base, the author intends to examine the impact of the reforms on Credit Deposit ratio, Credit to GDP ratio, Investment in Government securities to deposits, share of business of public sector banks, the proportion of various types of advances etc. Further, it goes on to examine the difference in various aspects of the working results of the Public sector banks and private banks when compared with foreign banks.
Authors and Affiliations
Pankaj Mishra
Keywords
Related Articles
- EP ID EP19204
- DOI -
- Views 480
- Downloads 24
AGRARIAN PRODUCTION RELATIONS (A Micro Study based on Cost of Cultivation Data)
The main objective of this paper is to study the production relations on farms of different sizes. It is normally assumed that favorable production relations in crop production, if provided will definitely increase the...
APPLYING AICDA MODEL FOR MARKETING PROMOTIONS OF FILMS ANALYSING BENGALI FILM INDUSTRY IN 2015-2016
Box office matters most for the producers of films like any other business, and the path to success are many. Among those, one is the film marketing or promotion. But to successfully promote regional films like Bengal...
EFFECT OF INTEREST RATE DEREGULATIONS ON BANKS DEPOSIT MOBILIZATION IN NIGERIA
This study assessed, in empirical terms, the effect of interest rate deregulations on banks deposits mobilisation in Nigeria. It adopted the econometric tool of Ordinary Least Square (OLS) Regression method to analyse...
INVESTOR’S AWARENESS AND PREFERENCE TOWARDS MUTUAL FUNDS INVESTMENTSSOME SURVEY EVIDENCES
In few years Mutual Fund has emerged as a tool for ensuring one’s financial well being. As information and awareness is rising more and more people are enjoying the benefits of investing in mutual funds. But still many...
A STUDY OF PROBLEMS FACED BY THE CUSTOMERS TOWARDS THE BANKING SERVICES IN SIVAKASI BLOCK
“Now-a-days the importance of customers is very significant that they are forced to determine what type of service should be produced for them, where, when and at what price the services will be rendered. Even though t...