Public sector banks in India's economy: a case study of the State Bank
- New Delhi Sterling Pub. 1978
- 211 p.
This book discusses the role of the public sector banks as an instrument for the rapid growth of the Indian economy, and in the process makes a thorough study of the working of the State Bank of India and its seven subsidiaries. Among the topics which have been exhaustively exam ined are the resources of the State Bank Group banks, the use made of the funds at their disposal, the managerial and organisational structure. management problems and their solutions, personnel management policies, industrial relations in public sector banks, and the unions of subordinate staff and officials. Equally exhaustive is the study of allied problems, like, the financing by banking institutions of small-scale industries, small business, small farmers, the inculcation of banking habit among persons in rural areas, the administrative and organis ational disabilities in the spreading of banking offices in far-flung areas in the countryside, mobilisation of savings, and, above all, the exten sion of bank-credit and its follow-up measures. Some innovative mea sures like the Lead Bank's scheme, export credit, merchant-banking. cooperative credit, rural banks, etc., and the policy of the Government in regard to public sector banks, have also been expertly dealt with In short, this book is a commend able attempt to analyse the Theor tical and applied aspects or concept of Banking for the M, the in place of Banking for the Urban Elite, with particular referenb public sector banks, mainly to State Bank Group. Written in a simple and direct style, the book is of immense research and reference value to the professional as much as students of banking and commmerce.