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COVER STORY
Global Crisis and the Role of
G 20 Nations
-- Katuri Nageswara Rao
The global financial crisis has overwhelmed many economies, causing slowdown and recession. While the subprime mess is
the chief contributor for the crisis, global imbalances have also played their role in causing distortions. Counter cyclical polices on
the part of banks, financial institutions and the economic policy makers could apply the needed correctives. The G 20 nations
have initiated action to tackle the crisis.
© 2009 IUP. All Rights Reserved.
GLOBAL BANKING
Germany's Bad Bank Plan: Path to Resurgence
-- T Jyotsna
Germany began the restructuring of its banking system very late while many of its counterparts have done it as soon as the
financial crisis cast an effect on their banking systems. Will Germany be in a position to bring back confidence in its ailing banking system?
© 2009 IUP. All Rights Reserved.
SCENARIO
Priority Sector Lending: Promoting Inclusive Growth
-- Gobinda Banerjee
All the efforts of the banking system in the expansion of priority sector credit have led to employment generation and
economic upliftment across India. However, still much more needs to be done. There are challenges in rural development that need
close attention, particularly in agriculture.
© 2009 IUP. All Rights Reserved.
SCENARIO
Financial Health of Cooperative
Sugar Mills in Tamil Nadu: A Micro Study
-- Dr. Jasbir Deswal, Salander Mehra,
Vikas Khandelwal and Anand Singh Kablana
This study attempts to examine the financial health of cooperative sugar mills in the state of Tamil Nadu. Two firms have
been selected for the study. While the financial condition of both the firms is below par, relatively speaking, one firm has better
financials than the other one.
© 2009 IUP. All Rights Reserved.
SCENARIO
Banks in India: Towards a Paradigm Shift
-- Anu Antony
The Indian banking sector has witnessed major transformation during the last 40 years. It has passed through various phases. In
the process, it has embraced superior technology, new products and services that are customer-centric. Indian private banks of
old generation, however, face new challenges due to the growing level of competition.
© 2009 IUP. All Rights Reserved.
SCENARIO
Alternative Banking: A Modern Practice in India
-- Kumbhar VM
Banks in India are heading towards modern banking system practices. This brought about drastic changes in the working style of
the banks-be it banking services or products or operational methods. The traditional banking system depended heavily on work
force, but modern banking is partially or totally machine and technology-based banking. All these developments have led to the creation
of facilities that delight the customer as well as an increase in operational efficiency of banks.
© 2009 IUP. All Rights Reserved.
MICROFINANCE
Microfinance in India: Prospects and Challenges
-- Kartick Das
In the context of the current economic slowdown, it is relevant to talk about creating avenues for those who struggle for
basic necessities of life. More than subsidies, the poor need, not just credit, but also access to other services, such as savings,
insurance and money transfer.
© 2009 IUP. All Rights Reserved.
RURAL BANKING
Mass Banking: Taking Banking Services to Rural Areas
-- Vissapragada Srinivas
Modern banks in India have been upgraded with information technology to offer quality services to the customers. This is not only
to satisfy the customers but also to meet their needs better and capture new potential markets, particularly rural areas.
Most commercial banks in India are expanding their operations to explore the untapped areas by offering various innovative
schemes suited for the rural masses.
© 2009 IUP. All Rights Reserved.
CASE STUDY
Use of Technology by Banks in India: A Comparative Study
-- Shradha Malhotra Banga
The advent of superior technology has resulted in the creation of very efficient services, such as RTGS, NEFT, ECS, etc. Fuller use
of available technology with customer-centricity is a challenge.
© 2009 IUP. All Rights Reserved.
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