AUTHORS:
Dr. Rajesh Kumar Singh
Ms. Sakshi Chaudhary
ABSTRACT:
In the 1980s and 1990s, many countries adopted a series of financial sector liberalization measures that included interest rate liberalization, entry deregulations, and reduction of reserves requirements. This led to significant changes in profitability patterns and efficiency of the banking industry. This paper focuses on India’s banking sector, which since 1991 when a streamlined financial reform program was launched, is attracting attention. It assesses whether selected bank-specific and macro-economic determinants have significantly affected profitability of Indian banks. The conclusion is that most of the selected indicators significantly impact banks in India. The last decade and a half has seen the transformation of the Indian banking sector with a high level of technology, diversity and sophistication in products and services and improved efficiency. The banking sector is rapidly moving towards international benchmarks with increasing efficiency, transparency and dynamism. The broad-based reforms have made the banking sector competitive and positioned it well to support sustained economic growth.
FULL TEXT: FREE DOWNLOAD
0 comments:
Post a Comment