Bank Nationalization: Background and Formulation

Part of the India Studies in Business and Economics book series (ISBE)


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.


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© Springer Nature Singapore Pte Ltd. 2020

Authors and Affiliations

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

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