Feb 24, 2010
Report on Banking System Reforms
This is a good Report on Banking System Reforms for management students who are thinking to make their project or seminar on this topic or finding MBA Projects or Seminar Ideas. Since 1991, India has been engaged in banking sector reforms aimed at increasing the profitability and efficiency of the then 27 public-sector banks that controlled about 90 per cent of all deposits, assets and credit. The reforms were initiated in the middle of a “current account” crisis that occurred in early 1991. You can use this for your reference and study. You can also Subscribe to FINAL YEAR PROJECT'S by Email for more such Projects and Seminar.
The crisis was caused by poor macroeconomic performance, characterized by a public deficit of 10 per cent of GDP, a current account deficit of 3 per cent of GDP, an inflation rate of 10 per cent, and growing domestic and foreign debt, and was triggered by a temporary oil price boom following the Iraqi invasion of Kuwait in 1990.
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