Banking Reforms and Productivity in India

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Wide-ranging financial sector reforms have been undertaken in India-since the initiation of economic reforms in early 1990s-to improve financial intermediation and maintain financial stability. This process has now become more intensive with a focus on drawing appropriate lessons from the global financial crisis and putting in place a regulatory regime that is alert to possible build-up of financial imbalances. All commercial banks, including foreign banks in India, migrated to the Basel II framework by March 31, 2009.

Keeping in view the significant developments in payment systems and the responsibility of Reserve Bank of India (RBI) with regard to regulation and supervision of payment systems, the Vision Document for the period 2009-12 was released on February 16, 2010. RBI’s Vision Document provides the roadmap to ensure that all the payment and settlement systems operating in the country are safe, secure, sound, efficient, accessible and authorized

This book provides a vivid account of banking sector reforms in India during the recent past. More importantly, it provides empirical evidence-in the backdrop of reforms-of trends in the productivity of select banks in India.

ABOUT THE AUTHOR Medha P. Tapiawala

Dr. (Mrs.) Medha P. Tapiawala is Associate Professor of Economics at Guru Nanak College of Arts, Science and Commerce, University of Mumbai, Mumbai. She secured her Ph.D. degree from the University of Mumbai in 2006. Having more than 18 years of teaching experience, she has been a visiting faculty at a number of prominent institutions including, Champlain College, Vermont University, USA; Narsee Monjee Instittute of Management Studies (NMIMS), Mumbai and Indira Institute of Business Management and Counseling, Navi Mumbai. She has published a number of research papers in leading journals including Journal of Management Awareness. Presently she is working on a project titled “Role of Commercial Banks in Microfinance.”

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Bibliographic information

Title
Banking Reforms and Productivity in India
Author
Edition
1st ed.
Publisher
ISBN
9788177082487
Length
xiii+226p., Tables; Appendix; Bibliography; Index; 23cm.
Subjects