000			02710cam a22003617i 4500
999			_c115331 _d115331
001			19407990
003			OSt
005			20200903164624.0
008			161215s2016 ii b 001 0 eng
010			_a 2016440963
020			_a817708433X
020			_a9788177084337
040			_aDLC _beng _erda _cDLC _dDLC
043			_aa-ii---
050	0	0	_aMLCM 2019/41708 (H)
082			_a332.10954 BHA
100	1		_aBhasin, Niti, _eauthor.
245	1	0	_aSeventy years of banking system in India : _b1947-48 to 2016-17 / _cNiti Bhasin, Associate Professor, Department of Commerce, Delhi School of Economics (DSE), University of Delhi, Delhi.
264		1	_aNew Delhi, India : _bNew Century Publications, _c[2016]
300			_axxiv, 343 pages : _billustrations ; _c25 cm
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
500			_aMinimal Level Cataloging Plus. _5DLC
504			_aIncludes bibliographical references (pages 329-336) and index.
504			_aIncludes bibliographical references.
505			_aDescription : India has a long and checkered history of financial intermediation, particularly in the commercial banking industry. Soon after Independence in 1947, the government of India followed a policy of social control of important financial institutions, which was followed by the takeover of the then Imperial Bank of India in 1956. In 1969, the government nationalised 14 major commercial banks and, in 1980, six more commercial banks were nationalised and brought under public ownership. Until the initiation of economic reforms in early 1990s, banking business in India was a near-monopoly by the government of India. As a result of state domination, until the early 1990s India's banking system was characterised by barriers to entry, control over pricing of financial assets, high transaction costs, and restrictions on movement of funds from one market segment to another. It was against this backdrop that wide-ranging banking sector reforms were introduced as an integral part of the economic reforms program. These reforms have paved the way for integration among various segments of the financial system. This book explains and examines, at length, the changes which have swept India's banking sector since Independence in 1947, with focus placed on the post-1991 period. [Subject: Banking &?Finance, Economic History, India Studies]
650		0	_aBanks and banking _zIndia _xHistory _y20th century.
650		0	_aBanks and banking _zIndia _xHistory _y21st century.
906			_a7 _bcbc _corignew _d4 _encip _f20 _gy-gencatlg
942			_2ddc _cBK