Volume : VIII, Issue : V, May - 2019

Banking Sector Reforms in India: An Overview

Dr. Shankar T. Battase, Smt. Sunanda Shankar

Abstract :

Banking sector is treated as to be the back bone of the Indian economy. The task of banking industry is particularly vital as one of the leading and mostly essential service sector. The banking sector, being the indicator of the economy, is reflective of the macro–economic variables. While the Indian economy is yet to catch strength, the Indian banking system continues to deal with improvement in asset quality, execution of sensible risk management practices and capital adequacy. In the context of economic liberalisation and growing trend towards globalisation (external liberalisation), various banking sector reforms have been introduced in India to improve the operation efficiency and upgrade the health and financial soundness of banks, so that Indian banks can meet internationally accepted standards of performance.

Keywords :

Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

BANKING SECTOR REFORMS IN INDIA: AN OVERVIEW, Dr. Shankar T. Battase, Smt. Sunanda Shankar INTERNATIONAL JOURNAL OF SCIENTIFIC RESEARCH : Volume-8 | Issue-5 | May-2019

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