Banking System in India: Reforms and Performance Evaluation - Couverture rigide

Jawed Akhtar, S M

 
9788177082838: Banking System in India: Reforms and Performance Evaluation
Couverture rigide
ISBN 10 : 8177082833 ISBN 13 : 9788177082838
Editeur : New Century Publications, 2011

Synopsis

Prior to economic reforms initiated in early 1990s, the banking sector in India suffered from lack of competition, low capital base, inefficiency and high intermediation costs. The banking industry dominated by the public sector was subject to a high degree of financial repression, characterised by administered interest rates and allocated credit. Reforms in the commercial banking sector had two distinct phases. The first phase of reforms introduced subsequent to the release of the Report of the Committee on Financial System (Chairman: M Narasimham), 1992 focussed mainly on enabling and strengthening measures. The second phase of reforms introduced subsequent to the recommendations of the Committee on Banking Sector Reforms (Chairman: M. Narasimham), 1998 placed greater emphasis on structural measures and improvement in standards of disclosure and levels of transparency in order to align the Indian standards with international best practices. Reforms have brought about considerable improvements as reflected in various parameters relating to capital adequacy, asset quality, profitability and operational efficiency. Although commercial banks still face the problem of overhang of non-performing assets (NPAs), high spread and low profitability in comparison with banks in other emerging market economies, reforms have been successful in enhancing the performance of commercial banks in terms of both stability and efficiency parameters.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

Prior to economic reforms initiated in early 1990s, the banking sector in India suffered from lack of competition, low capital base, inefficiency and high intermediation costs. The banking industry dominated by the public sector was subject to a high degree of financial repression, characterised by administered interest rates and allocated credit. Reforms in the commercial banking sector had two distinct phases. The first phase of reforms introduced subsequent to the release of the Report of the Committee on Financial System (Chairman: M Narasimham), 1992 focussed mainly on enabling and strengthening measures. The second phase of reforms introduced subsequent to the recommendations of the Committee on Banking Sector Reforms (Chairman: M. Narasimham), 1998 placed greater emphasis on structural measures and improvement in standards of disclosure and levels of transparency in order to align the Indian standards with international best practices. Reforms have brought about considerable improvements as reflected in various parameters relating to capital adequacy, asset quality, profitability and operational efficiency. Although commercial banks still face the problem of overhang of non-performing assets (NPAs), high spread and low profitability in comparison with banks in other emerging market economies, reforms have been successful in enhancing the performance of commercial banks in terms of both stability and efficiency parameters.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
New Century Publications
Date d'édition
2011
Langue
anglais
ISBN 10 
8177082833
ISBN 13 
9788177082838
Reliure
Relié
Nombre de pages
236
Coordonnées du fabricant
non disponible
Personne responsable
non disponible