Indian Banking Industry Competitiveness and Market Structure
Introduction After 1991 crisis, India’s liberalisation journey was multi-faceted. One of the major areas of liberalization was the banking sector which was highly regulated and controlled by government. Most importantly for banking industry, as per the M. Narasimhan committee recommendations, the liberalization came in the right areas namely interest rate, reduction of reserve requirements, entry deregulation, credit policies and prudential supervision. Incase of interest rates, […]