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Development of Commercial Banks during Pre and Post Globalization Era in India: An Analysis

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dc.contributor.author Yuvaraja, U
dc.contributor.author Gururaja, B
dc.contributor.author Sampreetha, K
dc.date.accessioned 2019-07-31T19:48:27Z
dc.date.available 2019-07-31T19:48:27Z
dc.date.issued 2019 en_US
dc.identifier.uri https://hdl.handle.net/10535/10570
dc.description.abstract "Banking is an old business and a central pillar of Indian society. Money lending activities in India had traced back to the Vedic period (according to Central Banking Enquiry Committee-1931). The professional banking system existed long ago- Manu Murthy, Kautilya’s Arthashastra- in India. Initial stage growth of Indian banks was very sluggish and also experienced episodic failure between 1913 and 1948. The banking sector in the pre-reform period was experienced poor performance and caught into deep crisis due to excessive loans in comparison to total deposits having a ratio more than 50 per cent consisting of about 90 per cent of all commercial banks which posed a significant threat to the stability and transparency of the financial system. During those days, the public had lesser confidence in the banks. Government at this juncture decided to introduce comprehensive economic reforms. Environmental and regulatory changes have made this sector more competitive and improved the health of the Indian banking sector. The study's main purpose is to analyse the growth of India scheduled commercial banks during pre and post-globalisation period in three phases viz., a)Early Phase of growth of the CBS: 1936-1969, b) Period of Social Control:1967 -1991 and c)Phase of Globalization:1991-2018. The present study is based on, purely, secondary data." en_US
dc.language English en_US
dc.subject banking and finance en_US
dc.title Development of Commercial Banks during Pre and Post Globalization Era in India: An Analysis en_US
dc.type Journal Article en_US
dc.type.published published en_US
dc.type.methodology Other en_US
dc.coverage.region Middle East & South Asia en_US
dc.coverage.country India en_US
dc.subject.sector General & Multiple Resources en_US
dc.identifier.citationjournal Shanlax International Journal of Arts, Science and Humanities en_US
dc.identifier.citationvolume 7 en_US
dc.identifier.citationpages 26-34 en_US
dc.identifier.citationnumber 1 en_US
dc.identifier.citationmonth July en_US


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