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Back to topFinancial Performance of Commercial Banks in India A Comparative Study of Selected Banks (Paperback)
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Introduction
1. Context Building:
One of the crucial macroeconomic areas, which has been at the center of the focus in India nearly
for the past three decades, is the soundness and efficiency of the Indian banking system. It is
now well recognized the world over that a well-functioning banking sector is a pivotal
hinge on which hinges the stability of the financial system. The stability of the financial system
defines the growth prospects of the economy and the pace of growth that could be realized. A
greater realization of this fact in the post-1990 economic scenario has been keeping the
Indian banking system at the center of the focus of the policy planners and Government. With the
passage of time, the focus on the banking system is getting accentuated by two major
factors- the growing universalization of banking operations and increasing
internationalization of banking operations.