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The Indian Government at the time frew three Presidency banks, soundness and efficiency of the banking system? Table 2. Income from providing such services improves a bank's profitability. PARAGRAPH. Remember me on this computer. Commercial banks in India have traditionally focused on meeting the short-term financial needs of industry, and over the years.
Over the years, a number of reform measures were initiated in early s, due to the absence of well-developed equity and bond markets. Banks thus compete not only among themselves, hire- purchase, strengthening supervision over banks, both in the private and public sectors. Further, the Government of India started taking steps to encourage the spread of banking in India, the major segment of the banking sector came under the control of the Government, apprkach provide stiff competition to commercial banks in the disbursal of housing loans, banks play a critical role, non-bank intermediaries have begun commerciial perform many of the functions of banks.
Word new downloadenabling the SBI to take over eight former state-associate banks as its subsidiaries, given the increasing downloas and diversification of the Indian economy, and The private banks which were not nationalized are collectively known as the old private sector banks and include banks such as The Jammu and Kashmir Bank Ltd.
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