Banking Sector Reforms in the Post Liberalisation Period

Contents: Preface. 1. Universal banking in India. 2. Financial liberalisation in India: an assessment of its nature and outcomes. 3. Indian banking in transition. 4. On liberalising foreign institutional investments. 5. Current state of the Indian capital market. 6. Agricultural credit in India: status, issues and future agenda. 7. Commercial bank lending to small-scale industry. Bibliography. Index.

"A country\'s real economic progress purely depends upon the development of banking and financial sectors. After the introduction of New Economic Policy in India in 1991 banking sectors in our country has been registered a remarkable rate of progress as well as favorable balance of payment position.

The present structure of the Indian banking sector is the outcome of development policies pursued over the years. The objectives of these policies was to meet diverse financial needs of various productive sectors and to promote overall economic development.

Recently the banking and financial sector in India has undergone tremendous transformation and reforms. Especially after liberalization, privatization and globalisation, we are witnessing a sea change in these sectors. This book tries to give a glimpse of banking and financial sector reforms in simple and lucid manner." (jacket)