000			01529nam a2200181Ia 4500
999			_c231200 _d231200
005			20220506165324.0
008			200208s9999 xx 000 0 und d
082			_a332.1 PAI
100			_aPai, D.T
245		0	_aBanking development and challenges
260			_aManipal
260			_bD.T. Pai
260			_c2011
300			_a194 p.
520			_aThe Indian banking system has been transformed into a strong and sound banking as a result of wide ranging policy initiatives and supportive measures undertaken by Government and Reserve Bank of India. Today our banking system is perceived as sound by International standards. The global banking crisis began with US sub-prime mortgage market in 2007 has turned into world crisis. It has affected almost all economies of the world. The Indian economy is largely insulated from the crisis. The Indian banks both in public sector and private sector are well capitalised and regulated. This has helped the Indian banking system to withstand the crisis and prepare for challenges with greater confidence. The financial and banking system has undergone fundamental changes because of revolution of Information and Communication Technology. In the 21st century Information Technology and electronic fund transfer system have emerged as new pillars modern banking. Financial literacy & inclusion and micro credit have emerged as new thrust areas of banking world as half of the population is still financially excluded.
650			_aBanks and banking-India
942			_cB _2ddc