Overview of Banking Industry with Special Reference to Reforms in the Indian Banking System

Authors

  • Hemali Tanna Department of Management, Gujarat Technological University, Ahmedabad, Gujarat, India Marwadi Education Foundation’s Group of Institutions, Rajkot, Gujarat, India

DOI:

https://doi.org/10.37591/joprm.v6i3.7205

Keywords:

Indian financial system, banking industry, structure, reforms

Abstract

The liberalization, privatization and globalization phase of 1991 popularly known as LPG policy changed the face of Indian economy. Reforms took place in several sectors of the economy; predominantly it affected the Indian banking industry. The role of banking industry is extremely important for the growth of any economy and India being a developing country is no exception to this rule. This paper discusses the overview of Indian financial system, explains the structure of Indian banking industry and analyzes the impact of banking sector reforms on Indian banking system.

 

References

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Published

2023-07-27

Issue

Vol. 6 No. 3 (2016)

Section

Articles

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