التفاصيل البيبلوغرافية
| العنوان: |
IMPACT OF PRIVATIZATION ON INDIAN BANKING SECTOR |
| المؤلفون: |
Keshava |
| المصدر: |
International Journal of Advanced Trends in Engineering and Technology, 1(1), 105-107, (2017-01-12) |
| بيانات النشر: |
Zenodo |
| سنة النشر: |
2017 |
| المجموعة: |
Zenodo |
| مصطلحات موضوعية: |
Privatization, Interest Rate, Job Opportunities & NPVs |
| الوصف: |
Privatization is transfer of ownership from the public to the private sector as well as the control over assets. In broader terms, it involves greater influence on demand and supply force, make sure that there is higher competition, it brings greater involvement in government activities. It brings liberalization in different regulations to release forces of competition and to implement demand and supply forces into the economy. Privatization is contemplate to bring up competition, making sure greater capital investment, competitiveness and modernization, resulting in development of employment and providing improved quality of products and services to the consumers and reduction in the tax burden.As part of improvement process in the financial services sector, in January 1993 RBI issued certain guidelines for getting license of new banks in the private sector. It has been revised after 8 years in January 2001. Some of the important conditions in the private sector as per revised guidelines by the RBI are Paid Up Capital, Promoters Contribution, Foreign Investment etc.The study involves the benefits how the number of branches increased after privatization, increase of credit facilities for agriculture and increase of job opportunities, and adverse impacts of privatization on Indian Banking like high interest rates, less job securities, interference of politician and Industrialist, less control of government over private banks, private sector use private recovering agents to recover bad loans these agencies uses wrong means to recover loans from people. |
| نوع الوثيقة: |
article in journal/newspaper |
| اللغة: |
unknown |
| Relation: |
https://doi.org/; https://doi.org/10.5281/zenodo.240275; oai:zenodo.org:240275 |
| DOI: |
10.5281/zenodo.240275 |
| الاتاحة: |
https://doi.org/10.5281/zenodo.240275 |
| Rights: |
info:eu-repo/semantics/openAccess ; Creative Commons Attribution 4.0 International ; https://creativecommons.org/licenses/by/4.0/legalcode |
| رقم الانضمام: |
edsbas.55795BFE |
| قاعدة البيانات: |
BASE |