Abstract
The structure of the Indian economy has changed rapidly since 1991. Indian companies are showing their presence in foreign markets and multinational companies are also entering the market. Several reform measures have been implemented and a lot more still have to be implemented. All these measures are fueling the process of integration of the Indian economy in the world economy. Free trade and free flow of capital are increasing efficiency and competition and are contributing to the high growth rate.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Al Shubiri, F. N. (2010). Impact of bank asset and liability management on profitability: Empirical investigation. Journal of Applied Research in Finance (JARF), 2(4), 101–109.
Bhaumik, S., & Piesse, J. (2004, April). Are foreign banks bad for development even if they are efficient? Evidences from Indian Banking Industry (Working Paper Number 619). William Davidson Institute.
FICCI Survey on the status of the Indian Banking Industry – Progress and Agenda Ahead (2006) Accessed from googlescholar.
Gopalakrishnan, M. M. (2010). Globalization and recent trend in banking. Global Journal of Business and Management Research, 10(5), 38–41.
Gopalan, S., & Rajan, R. S. (2009, July 22). Financial sector deregulation in emerging Asia: Focus on foreign bank entry (ISAS Working Paper No. 76). Institute of South Asian Studies, National University of Singapore.
Kamath, K. V., Kohli, S. S., Shenoy, P. S., Kumar, R., Nayak, R. M., & Kuppuswamy, P. T. (2003). Indian banking sector: Challenges and opportunities. Vikalpa, 28(3), 83–99.
Mohan, R. (2006, June 2). Financial reforms and monetary policy: The Indian experience. Paper presented at Stanford University.
Nitusure, R. R. (2003, December 27). E-Banking: Challenges and opportunities. Economic and Political Weekly, 38(51/52), 5377–5381.
Reddy, Y. V. (2004, November 10). Banking sector in global perspective. Inaugural address as Governor of RBI at Banker’s Conference, New Delhi.
Reserve Bank of India. (2011). Annual report, various years.
Reserve Bank of India. (2011). The report on currency and finance, various years.
Singh, P. (2007). Global competitiveness of Indian Banks: A study of select banking indicators. Issues of concern and opportunities. Available at Google search site.
Uppal, R. K. (2011, April). Global crisis: Problem and prospectus for Indian Banking Industry. Journal of Economics and Behavioral Studies, 2(4), 171–176.
“Vision 2020 for India the financial sector” by Rohit, special consultant, planning commission available at Google search site.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2013 Springer India Pvt. Ltd.
About this chapter
Cite this chapter
Yadav, D.K. (2013). The Recent Recession: Impact and Future Prospects for the Indian Banking Sector. In: Verma, N. (eds) Recession and Its Aftermath. Springer, India. https://doi.org/10.1007/978-81-322-0532-6_10
Download citation
DOI: https://doi.org/10.1007/978-81-322-0532-6_10
Published:
Publisher Name: Springer, India
Print ISBN: 978-81-322-0531-9
Online ISBN: 978-81-322-0532-6
eBook Packages: Business and EconomicsEconomics and Finance (R0)