Indian Journal of Finance

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A Fundamental Analysis of Public Sector Banks in India


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1 Faculty, Dehradun Institute of Technology, Dehradun, Uttarakhand, India

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Banks in India can be categorized into non-scheduled banks and scheduled banks. Scheduled banks constitute of commercial banks and co-operative banks. There are about 67,000 branches of Scheduled banks spread across India. During the first phase of financial reforms, there was a nationalization of 14 major banks in 1969. This crucial step led to a shift from Class banking to Mass banking. Since then, the growth of the banking industry in India has been a continuous process.
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  • A Fundamental Analysis of Public Sector Banks in India

Abstract Views: 282  |  PDF Views: 0

Authors

Prakash Tiwari
Faculty, Dehradun Institute of Technology, Dehradun, Uttarakhand, India
Hemraj Verma
Faculty, Dehradun Institute of Technology, Dehradun, Uttarakhand, India

Abstract


Banks in India can be categorized into non-scheduled banks and scheduled banks. Scheduled banks constitute of commercial banks and co-operative banks. There are about 67,000 branches of Scheduled banks spread across India. During the first phase of financial reforms, there was a nationalization of 14 major banks in 1969. This crucial step led to a shift from Class banking to Mass banking. Since then, the growth of the banking industry in India has been a continuous process.