Advertisement

Bank Nationalization: Background and Formulation

Chapter
  • 142 Downloads
Part of the India Studies in Business and Economics book series (ISBE)

Abstract

Nationalization in India attempted at stabilizing a feeble banking system. It also endeavored to contextualizing the banks with common mass of the country. Both these aims were somewhat fulfilled. Presently, at the completion of fifty years of nationalization, efficiency and productivity of the entire banking system are of paramount importance. A bank should not only be closely integrated with the society also it should act in an effective way.

References

  1. Acharya, S. (2002). Indian: Crisis, reforms and growth in the nineties. Standard University Working Paper, No. 139.Google Scholar
  2. Bagchi, A. K. (1972). Private investment in India 1900–39. New Delhi: Orient Longman.CrossRefGoogle Scholar
  3. Basu, K. (1984). The less developed economy: A critique of contemporary theory. Oxford: Basil Blackwell.Google Scholar
  4. Bhide, M. G., Prasad, A., & Ghosh, S. (2002, February 2–8). Banking sector reforms: A critical overview. Economic and political weekly, XXXVII(5), 2155–2156.Google Scholar
  5. Denizer, C., Desai, R., & Gueorguiev, N. (1998). The political economy of financial repression in transition economies. World Bank Working Papers, n. 2030.Google Scholar
  6. Ghosh, D. N. (1979). Banking policy in India: An evaluation. Bombay: Allied Publishers.Google Scholar
  7. Reserve Bank of India. (1991). Report of the narasimham committee on financial system.Google Scholar
  8. Reserve Bank of India. (1998). Report of the narasimham committee on banking sector reforms.Google Scholar
  9. Sarma, R. H. (1998). Reinventing rural banking in the context of financial sector reforms. The Journal of the Indian Institute of Bankers, 2.Google Scholar

Copyright information

© Springer Nature Singapore Pte Ltd. 2020

Authors and Affiliations

  1. 1.Economics DepartmentBurdwan UniversityBurdwanIndia
  2. 2.Economics DepartmentShyampur Siddheswari Mahavidyalaya, University of CalcuttaHowrahIndia

Personalised recommendations