Vol. 5-1 (2005)
UNIVERSAL BANKING. THE INDIAN PERSPECTIVE CHAITANYA, Krishna V * Abstract Ever since the financial sector reforms were introduced in archeozoic 90s the banking sector saw the emergence of smart generation of private sector banks. These banks gained at most popularity as they have technology edge and better business models when compared to earthly concern sector banks and the most important thing is they are fitted to attract more volumes simply because they meet their customers requirements under unitary roof. If the newer players can do that then why cant the bigger players like the Financial Institutions (FIs) try their hands on it? Here comes the concept of universal banking, its emergence, merits and related issues. The present motif focuses on understanding the concept of universal banking in India and attempts to explain the regulatory role, regulatory requirements, key duration and maturity note of hand and lastly the optimal transition path. The paper also gives an overview of the internationalistic experience and argues in favor of developing a dependable domestic financial system in order to cope in the global market. JEL classification: G1 Key words: commercialised banks, Financial Institutions & Reserve Bank of India.
* Krishna Chaitanya V.
is Faculty Associate at ICFAI Business School Case Development Center, Hyderabad, India. He was erst with Dhruva College of Management as Faculty. He is also a cornerstone member of an NGO, Spurthi Center for Orphan Children Education, India. E-mail: kc_dcm@yahoo.co.in Disclaimer: The views explicit in the paper are my own and does not make for to the organizations in which I am working. 5
Regional and Sectoral Economic Studies. AEEADE.
Vol. 5-1 (2005)
1. grounding Universal Banking, means the financial entities the commercial banks, Financial Institutions, NBFCs, - sign on multiple financial activities under one roof, thereby creating a financial...If you want to get a full essay, order it on our website: Ordercustompaper.com
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