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Indian Banking Sector Reforms

Indian Banking Sector Reforms

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Title: Indian Banking Sector Reforms

Essay Details:

Subject: Business

Author: Tonya B

Date: November 4, 2016

Level: University

Grade: A

Length: 3 / 645

Essay text:

As the international standards became prevalent, banks had to unlearn their traditional operational methods of directed credit, directed investments and fixed interest rates, all of which led to deterioration in the quality of loan portfolios, inadequacy of capital and the erosion of profitability. The recent international consensus on preserving the soundness of the banking system has veered around certain core themes. These are: effective risk management systems, adequate capital provision, sound practices of supervision and regulation, transparency of operation, conducive public policy intervention and maintenance of macroeconomic stability in the economy...

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