Name: Banking Reforms In India
Brand: Atlantic Publishers & Distributors (P) Ltd
SKU: 9788126923397
Price: 597.0 INR
Availability: InStock

Banking Reforms In India

by M.S. Shetty

Save 25%

₹597.00

₹795.00

(-25%)

₹597.00

Ships in 1-2 Days

Free Shipping in India on orders above Rs. 500

Request Bulk Quantity Quote

Name

Quantity

+91

Company Name

Message

Quantity

More Information

ISBN13: 9788126923397
Binding: Hardcover
Subject: Economics
Publisher: Atlantic Publishers & Distributors (P) Ltd
Publisher Imprint: Atlantic
Publication Date: May 20, 2019
Pages: 266
Original Price: INR 795.0
Language: English
Edition: N/A
Item Weight: 450 grams
BISAC Subject(s): N/A

About The Book

Banking reforms in India started in the real sense with the nationaIization of 14 banks in 1969 and six more in 1980, and licensing of a number of small private banks post liberalization. These new banks came to be known as New Generation tech-savvy banks. Following the merger of some banks, the banking sector was reviltalized and since then has registered a rapid growth with strong contribution from all the three types of banks, namely government banks, private banks and foreign banks. The next stage of banking reforms saw the increase of foreign direct investment (FDI) in banks from a maximum of 10% to 74%, though with some restrictions. The new wave of banking in India ushered in a modern outlook and tech-savvy methods of working. The use of computers has led to the introduction of online banking in India, making it very convenient for the customers to make transactions. The introduction of MICR technology in the banks has provided for the use of standardized cheque forms and encoders. In 1995 was introduced the Electronic Funds Transfer (ETS) system. In 2008, RBI brought a system to allow cheque truncation which was first rolled out in the National Capital Region and then all over India. Physical as well as virtual expansion of banking through mobile banking, internet banking, tele banking, and ATMs has been taking place since the previous decade and has gained momentum in the last few years. The book describes all these key developments in banking sector in India and shows how banking sector reforms have modernized Indian banking. Besides describing banking structure before liberalization and how it got transformed after the reforms, it takes up many pertinent issues, including international developments in banking, balance of payment crisis, financial sector reforms, introduction of new financial standards, Know Your Customers (KYC) norms, technology developments, Indian banking at present and how it has gained from reforms. It will be useful for the students of commerce, bank employees and all those concerned with banking sector in India.

About The Author

M.S. Shetty is a retired General Manager of a nationalized bank. He joined Oriental Bank of Commerce, a nationalized bank, in the year 1971 as officer at its Fort Mumbai branch. He has had an illustrious career and rose to become General Manager in the bank in the year 2006 and retired in 2010. He worked for nearly 40 years with this bank in various capacities at various places. His work knowledge covers the entire gamut of banking as he worked as branch manager for 17 years, as regional head for 11 years and at corporate office for 5 years.

Table of Contents

Preface
Abbreviations
1. Banking Structure in the Year 1991
2. International Developments in Banking
3. BoP Crisis and Financial Sector Reforms
4. Banking Developments After 1991
5. New Financial Standards Introduced
6. Anti-money Laundering Measures
Know Your Customer (KYC) Norms
7. Technology Developments
8. Indian Banking in 2016
9. Gains from the Reforms in Banking Sector
Bibliography

Trusted for over 48 years

Family Owned Company

Secure Payment

All Major Credit Cards/Debit Cards/UPI & More Accepted

New & Authentic Products

India's Largest Distributor

Need Support?

Whatsapp Us

Bestselling

View All

Atomic Habits (Lead Title)

Clear, James

₹675

₹899

(-25%)

₹675

• Author(s): Clear | James • Publisher: Penguin • Publisher Imprint: Penguin Random House • Subject: General Books

Diary of a Wimpy Kid: Partypooper (Book 20)

Jeff Kinney

₹525

₹699

(-25%)

₹525

• Author(s): Jeff Kinney • Publisher: Penguin Random House Children's UK • Publisher Imprint: Penguin Random House Children's UK • BISAC: Comics & Graphic Novels - Humorous

Arundhati Roy

₹675

₹899

(-25%)

₹675

• Author(s): Arundhati Roy • Publisher: PRH INDIA LOCAL PRINT • Publisher Imprint: Penguin Hamish Hamilton • BISAC: Literary Figures

Truth without Apology: A Guide for Those Who Can Stand It

Acharya Prashant

₹300

₹399

(-25%)

₹300

• Author(s): Acharya Prashant • Publisher: HarperCollins Publishers India • Publisher Imprint: HarperCollins Publishers India • BISAC: GeneralIn a world where vagueness is mistaken for depth and obscurity passes for wisdom, Truth without Apology ...

View full details

Grandma's Bag of Stories

Sudha Murthy

₹207

₹275

(-25%)

₹207

• Author(s): Sudha Murthy • Publisher: India Puffin • Publisher Imprint: India Puffin • BISAC: Short StoriesWho can resist a good story, especially when it's being told by Grandma? From her bag emerges tales of kings and cheats, monkeys and mic...

View full details

Days at the Morisaki Bookshop

Satoshi Yagisawa

₹300

₹399

(-25%)

₹300

• Author(s): Satoshi Yagisawa • Publisher: Bonnier Books Ltd • Publisher Imprint: Bonnier Books Ltd

Sudha Murty

₹207

₹275

(-25%)

₹207

• Author(s): Sudha Murty • Publisher: India Puffin • Publisher Imprint: India Puffin • BISAC: Action & Adventure - General

Rich Dad Poor Dad: What the Rich Teach Their Kids about Money That the Poor and Middle Class Do Not!

₹450

₹599

(-25%)

₹450

• Publisher: Penguin • Publisher Imprint: Penguin Random House • Subject: General Books • BISAC: Personal Finance - GeneralApril of 2022 marks a 25-year milestone for the personal finance classic Rich Dad Poor Dad that still ranks as the #1 Pers...

View full details

World’S Greatest Books For Personal Growth & Wealth (Set Of 4 Books) : Perfect Motivational

Dale Carnegie, Napoleon Hill

₹525

₹699

(-25%)

₹525

• Author(s): Dale Carnegie | Napoleon Hill • Publisher: Fingerprint • Publisher Imprint: Fingerprint • Subject: General Books

The Housemaid: An Addictive Psychological Thriller With Mind-Bending Twists

Freida Mcfadden

₹413

₹550

(-25%)

₹413

• Author(s): Freida Mcfadden • Publisher: Penguin Select Print • Publisher Imprint: Penguin Select Publishing"Multi-Million Copy Bestselling Series •Now Being Made Into a Major Motion Picture Starring Sydney Sweeney and Amanda Seyfried #1 New Yor...

View full details

101 Tales: The Great Panchatantra Collection

Wonder House Books

₹420

₹599

(-30%)

₹420

• Author(s): Wonder House Books • Publisher: Wonder House Books • Publisher Imprint: Wonder House Books • BISAC: Comics & Graphic Novels - Fairy Tales, Folklore, Legends & MTimeless Wisdom, Talking Animals & Life Lessons for Young Min...

View full details

Man's Search For Meaning

Viktor E. Frankl

₹300

₹399

(-25%)

₹300

• Author(s): Viktor E. Frankl • Publisher: Random House • Publisher Imprint: Random Hou • Subject: Medical, Nursing and Health Sciences

Bacchon KI Doctor's Desi Parenting Book: A Doctor-Mom's Guide to Milk, Myths, Motherhood and More

Madhavi Bharadwaj

₹260

₹399

(-35%)

₹260

• Author(s): Madhavi Bharadwaj • Publisher: PRH India • Publisher Imprint: Penguin Ebury Press • BISAC: Parenting - MotherhoodWelcome to the wild, messy, wonderful world of parenting--where the nights are long, the diapers are explosive, and unso...

View full details

The Outsider

Vir Das

₹525

₹699

(-25%)

₹525

• Author(s): Vir Das • Publisher: HarperCollins Publishers India • Publisher Imprint: HarperCollins Publishers India • BISAC: Entertainment & Performing ArtsComedian and actor Vir Das is beloved (by some, tolerated by others, blocked by a few...

View full details

The Very Hungry Caterpillar

Eric Carle

₹338

₹450

(-25%)

₹338

• Author(s): Eric Carle • Publisher: Penguin Books, Limited (UK) • Publisher Imprint: Penguin Books, Limited (UK) • BISAC: Animals - Butterflies, Moths & CaterpillarsEric Carle's The Very Hungry Caterpillar is a perennial favourite with child...

View full details

Too Good to Be True : A smart, funny will-they-won’t-they romance by mostlysane

Prajakta Koli

₹300

₹399

(-25%)

₹300

• Author(s): Prajakta Koli • Publisher: Harper Fiction India • Publisher Imprint: Harper Fiction India • BISAC: Romance - ContemporaryWinner of the Amazon India Popular Choice Debut Book 2025 Award. From one of India's most-loved creators comes s...

View full details

Banking Reforms In India

Bestselling

Country

Country