Overview of the Banking Industry in India-Pre Nationalisation , Nationalisation and Post Libralisation

USP MBA Program - Presentation – Trimester 1 – 2011 by Group 8 Members Mukhtar Ahmed Nitesh Chandra ; Gabriel Pen ; Ateca C. Vakatora ; Devina R. Rao ; Salote Naulivou

Presented as part of the requirement for the award of MBA at Cardiff Metropolitan University (CMU) December 2011

As on 31st March, 2003 there were 2,104 UCBs of which 56 were scheduled banks. About 79 percent of these are located in five states, - Andhra Pradesh, Gujarat, Karnataka, Maharashtra and Tamil Nadu. Recently the problems faced by a few large UCBs have highlighted some of the difficulties these banks face and policy endeavours are geared to consolidating and strengthening this sector and improving governance.

A research paper presented in partial fulfillment of the requirement for the course BGCSE Commerce.

Now-a-days the topic of financial inclusion is standing as an emerging new model of economic intensification. Financial inclusion is the recent notion which helps to accomplish the sustainable progress of the country, through accessible financial services to the unreached people with the help of financial institutions. Thus it plays a vital role in economic development of the country, by helping in pouring away poverty from the country. The main aim of financial inclusion is to make available banking service by providing access to financial market, credit market and gain knowledge of financial matters. Thus it aims is to provide banking and financial services to all people in a fair, transparent and equitable manner at affordable cost. Reserve bank of India and government plays a key role in promoting financial inclusion for economic development in the country by deepening the penetration of banking, making the banks nationalized, by RRBs establishment, introducing the approach of one person one account and also by launching the self help groups (SHG). Simplifying the KYC norms, interest rates improvisation and providing easy access to credit facilities are some of the key steps taken to strength the process of financial inclusion. The present paper studies the significance of financial inclusion in the economic development of the country. It also attempts to study the coverage of financial inclusion in India, along with its experience gathered by making studies

(A report submitted towards the partial fulfillment of the requirement of the two years full-time Post Graduate Diploma in Management.)

Non-Banking Financial Companies (NBFC) have rapidly emerged as an important segment of the Indian financial system. Moreover, NBFCs assume significance in the small business segment as they primarily cater to the credit requirements of the unorganised sector such as wholesale & retail traders, small-scale industries and small borrowers at the local level. NBFC is a heterogeneous group of financial institutions, performing a wide range of activities like hire-purchase finance, vehicle financing, equipment lease finance, personal loans, working capital loans, consumer loans, housing loans, loans against shares and investment, etc. NBFCs are broadly divided into three categories namely (i) NBFCs accepting deposits from banks (NBFC-D); (ii)

Dr. Harsh Purohit , iic@banasthali.in, Associate Professor & Chair- ICICI Bank CBFSI , WISDOM, Faculty of Management Studies, Banasthali University, Banasthali Vidyapith

In the partial fulfillment of the requirement of Master of Business Administration (M.B.A.) Program (2002-2004) Hemchandracharya North Gujarat University, Patan.

Despite the provisions, control and regulations of Reserve Bank of India, banks in India except the State Bank of India or SBI, continued to be owned and operated by private persons. By the 1960s, the Indian banking industry had become an important tool to facilitate the development of the Indian economy. At the same time, it had emerged as a large employer, and a debate had ensued about the nationalization of the banking industry. Indira Gandhi, then Prime Minister of India, expressed the intention of the Government of India in the annual conference of the All India Congress Meeting in a paper entitled "Stray thoughts on Bank Nationalisation."[2] The meeting received the paper with enthusiasm.

Singh Jagwant (1993) in his book is concerned with trends and changes in productivity with particular emphasis on employee and branch productivity in the Indian banking industry. It determines the level of productivity and its growth during the period 1969-85. The 22 public sector banks i.e. banks of the SBI group and 14 nationalised in 1969 have been taken up for the study. The study attempts to make cross-sectional and intertemporal analysis on the basis of 17 indicators. The indicators have been divided into 3 categories which measure labour productivity, branch productivity and financial productivity. T-scores have been used for giving ranking to the banks. The ranking of the banks reveal that most significant improvement in the ranking was achieved by Indian Bank and Indian Overseas Bank. From the SBI group the performance of State Bank of India was better.

The Indian Finance Industry scene has changed radically with the private division making in street in a zone heretofore commanded by expansive open area Finance Corporations. Developing disinvestment is probably going to affect the money related industry also. There is each plausibility of privatization of open division Finance Corporations, prompting to more prominent operational self-governance.

This Summer Project report has the requisite standard for the partial fulfillment the Under Graduate Degree in Business Administration. To the best of our knowledge no part of this report has been reproduced from any other report and the contents

Acknowledgments It is necessary to know the relevance between theoretical and practical knowledge. So a student can only claim himself as a student of true knowledge by virtue of preparing such kind of internship report. It is time to thank all who helped me to complete this project successfully. First of all, I offer my heartfelt gratitude and thanks to Almighty Allah who has given me the learning power in the earth. Shibli Noman Khan, School of Business, Independent University Bangladesh, is my academic supervisor. I am grateful to him for the flexibility in the work scope he provided me. His encouragement and advice worked as a foundation stone for this report. I convey my gratitude for his time and continuous support. Mr. Uzzal Kumar

A report submitted to IIMT, Greater Noida as a part fulfillment of full time postgraduate diploma in management