close
Sign up/Login to read the full article
LOGIN FORM
Email address :  
Password :  
Forgot your password?
Register
Columns » C.P. Chandrasekhar
Banking
The slow regress in banking
 Share  ·    Comment   ·    print   ·  
S. HARPAL SINGH For more than two decades after Independence, when private banks was the norm, the share of credit provided to the farming sector in total advances barely exceeded 2 per cent at its peak. Here, a farmer at work in Adilabad, Andhra Pradesh.

The RBI, through its latest guidelines on private banks, seems to have attempted to ring-fence banking activity so as to ensure regulatory control and keep the number of new entrants low and their intent clean.


Register to get full access to this article

Login | New user

Bookmark

Comments:

This article is closed for comments.
Please Email the Editor
Volume: 31
Issue: 15
Issue Date: 08-08-2014

Columns

THROUGH MY WINDOW

K.Satchidanandan

The power of the myth

Myths have not only survived science and technology but will continue to fascinate creative minds wh»

ECONOMIC PERSPECTIVES

C.P. Chandrasekhar

The missing honeymoon

The new government’s decisiveness in ensuring quick clearances, and incentives for lending, for larg»


LATEST COMMENTS

Modi is accountable
 When it's said he is accountable for Gujarat 2002. Why do not we keep track of people accountable for other genocides such as Mumbai attack,...»
posted by Rohit Khanna   on Jul 23, 2014 at 14:02 IST

Interpreter of a Constitution
 A true obit to an authority on our constitution....»
posted by Arun Elangovan   on Jul 23, 2014 at 17:02 IST

Quota calculations
 Reservations have not worked in India. The same set of fairly affluent people belonging to the so called backward castes have taken advantag...»
posted by Krishna iyengar   on Jul 22, 2014 at 23:27 IST

Social


Please remember to logout of facebook after you complete this session.

O
P
E
N

close

Recent Article in C.P. Chandrasekhar

The rise in the price of the Indian crude basket to more than $111 a barrel in early June 2014 has put pressure on the government to allow for increases in the domestic prices of fuel despite the fact that this can lead to higher inflation. Here, a 2009 picture from Guwahati during a time of short supply of petrol.

The missing honeymoon

The new government’s decisiveness in ensuring quick clearances, and incentives for lending, for large infrastructure projects during the hon »