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Over the last few years Indian Banking, in its attempt to integrate itself with the global banking has been facing lots of hurdles in its way due to its inherent weaknesses, despite its high sounding claims and lofty achievements. In a developing country like ours, banking is seen as an important instrument of development, while [...]
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“I’ll say the glass is half-full…” Three of the countrys most respected economists warned of a deepening economic crisis if the banking system is not quickly fixed in a wide-ranging conversation last night with CERA Chairman Daniel Yergin and an audience of nearly 1000 people who filled the Westin Galleria ballroom at CERAWeek 2009. On [...]
Analysis of Indian Financial Sector reveals that it is at present going through a phase of stable growth rate which is experiencing a upward swing. The rise can be maintained over a long period by keeping the inflation down. The financial sector in India has experienced a growth rate of 8.5% per annum. The rise [...]