Banking Developments in India 1947 to 2007: Growth, Reforms, and Outlook

The banking system of India consists of the central bank (Reserve Bank of India), commercial banks, co-operative banks, and development banks (development finance institutions). These institutions, which provide a meeting ground for savers and investors, form the core of India's financial sector. This book explains and examines the changes which have swept the Indian banking sector over the last 60 years since Independence.