Académique Documents
Professionnel Documents
Culture Documents
SECTOR
GROUP MEMBERS
DEEPAK
CHANDAN
SIDDHANT
ALI ASGAR
PRADAMAN
What is banking?
“ Bank is an institution which trades in money,
an establishment for the deposits,custody
and issue of money,as also for making loans
and discounts and facilitating the
transmission of remittances from one place to
another”.
Types of bank in India
Commercial Banks
Industrial Banks
Agricultural Banks
Exchange Banks
Central Banks
Indigenous Bankers
Main reforms in banking sector
Government equity in banks has been
reduced and strong banks have been allowed
to access the capital market raising additional
capital.
Bank now enjoying the operational freedom
in terms of opening of new branches and
bank having good track record of profitability
given flexibility in recruitment.
Main reforms in banking sector
New private sector banks have been set up
and foreign banks are allowed to expend their
function in India including through
subsideries.
Banks are also allowed to set up off shore
banking units in SEZ.
new instrument have been introduced for
better flexibility and better risk management
like interest rate exchange, cross currency
forward contract.
Main reforms in banking sector
New areas open like-:
Insurance
Credit card
Infrastructure financing
Gold banking
Investment banking
Main reforms in banking sector
Several new institution have been set up-:
National securities depositor limited
Central depositors service limited
Credit information bureau India limited
Freedom in operation
Disinvestment of public ownership in public
sector bank
Transparent norms for private and foreign bank