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Global Practices of Financial Services: With Reference to Banks in India - Softcover

Murthi, Suriya; V., Mahalakshmi; R., Karthik

 
9783848414581: Global Practices of Financial Services: With Reference to Banks in India

Synopsis

Indian Banking system has played a crucial role in the socio-economic development of the country. The system is expected to continue to be sensitive to the growth and development needs of all the segments of the society. The banking system that will evolve will be transparent in its dealings and adopt global best practices in accounting and disclosures driven by the motto of value enhancement for all stakeholders. The Indian banking sector has emerged as one of the strongest drivers of India’s economic growth. Positive changes witnessed in the last two decades have impacted every aspect of banking, ranging from regulatory standards to customer management. Indian banks adapting to the changing landscape along with the vision of the regulator and the Government in shaping the future growth of banking were two of the noteworthy features of this transition. The banks evolved their strategies in response to increasing competition and changing customer requirements, the regulator guided its growth with policies of gradual liberalization and benchmarking the domestic system with the best in the world, even if it appeared conservative at times.

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About the Author

Dr. S. Suriyamurthi(Principal Rtd)Professor Shivani School of Business Management, Tiruchirappalli - 9. He has got 40 years of teaching experience of which 25 years as research experience. Guided: M.Phil 120 ScholarsPh.D: 19 ScholarsHe has received a number of grants for conducting seminar from the University Grand Commission, New Delhi.

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