Development of Commercial Banks in India

Banking sector is aptly regarded as a vital constituent of the economic system of a country. A sound and dynamic economic system cannot be conceived in the modern days without the existence of a sound days without the existence of a sound banking system. Actually, the banking system provides strength to the monetary and credit mechanism, and through it, the monetary authority regulates the mechanism in accordance with the requirements of the economic system. The present study is concerned family with activities of commercial banks in India in relation to the expansion of banking services, deposit mobilization by banks and changing pattern of uses thereof, and the profitability aspects. The book purports to critically examine the working of our commercial banks, in relation to the objectives as enshrined in our national planning policy.