Indian banking The ch every(prenominal)enges ahead 1.I deem it an honour to take up been invited to furnish this years G Natarajan memorial lecture. I did non have the good fortune of meeting late Shri G.Natrajan simply I have heard a lot nearly him from my athletic supporter Shri V.A. George. As a father of a mentally challenged peasant I had an sagacity into the activities of Smt. Poonam Natrajan, founder chairperson of Vidya Sagar, erst cognise as Spastic Society of India, Chennai. I am delightful to her for inviting me to address this august gathering. Recently I had an hazard to canvas late Natrajans book Rupee watch, the figment of the Indian Forex Market Retold (1993 -99) which gives us an idea of the deep insight he had on the India Forex Markets during those turbulent days. To pay my homage to this gigantic visionary, I thought nothing could have been more suspend composition for todays address than Indian banking The Challenges Ahead. 2.In novel years, there has been a considerable widening and deepening of the Indian pecuniary remains, of which banking is a significant component. With great liberalisation, the financial system has come to influence a a great deal larger quite a little in the allocation of resources than in the past and its role in future can be expected to be oft larger than at present.

The growing role of the financial sweep in the allocation of resources has significant potential advantages for the efficiency with which our scrimping functions. Consequently, the unfavorable consequences of malfunction of the financial system are probable to be more severe than they used to be in the past. Hence, all our efforts today are focused at ensurin! g greater financial stability. Given the significance of the Indian banking system, one cannot commit to roleplay the importance of a strong and resilient banking system. 3.The pre-reform breaker token witnessed the following major regulatory constraints on the banking sector which not only distorted the efficiency of the interest rate mechanism...If you urgency to get a full essay, order it on our website:
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