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Framework for banking sector liberalization

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Banking Sector Liberalization in India

Part of the book series: Contributions to Economics ((CE))

Abstract

The previous two sections have dealt with the main elements of transformation studies and the financial liberalization hypothesis. This section attempts to integrate these two approaches into a framework for the liberalization of the banking sector.

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  86. Agriculture accounted for about 22% of GDP in India and 15% in China in 2003. See Deutsche Bank Research (2005), p. 3.

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  94. See Srivastava and Basu (2004), p. 9f. This is highlighted by the distribution of bank branches in India (Figure 40). While the SBI and the other nationalized banks have 40% of their branches in rural areas, the Indian private sector banks with their much smaller branch network had only 18% of their branches in rural areas and the foreign banks none at all.

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(2008). Framework for banking sector liberalization. In: Banking Sector Liberalization in India. Contributions to Economics. Physica-Verlag HD. https://doi.org/10.1007/978-3-7908-1982-3_6

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