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Bank Nationalization: Background and Formulation

In: Assessing Performance of Banks in India Fifty Years After Nationalization

Author

Listed:
  • Atanu Sengupta

    (Burdwan University)

  • Sanjoy De

    (Shyampur Siddheswari Mahavidyalaya, University of Calcutta)

Abstract

Nationalization in India attempted at stabilizing a feeble banking system. It also endeavored to contextualizing the banks with common mass of the country. Both these aims were somewhat fulfilled. Presently, at the completion of fifty years of nationalization, efficiency and productivity of the entire banking system are of paramount importance. A bank should not only be closely integrated with the society also it should act in an effective way.

Suggested Citation

  • Atanu Sengupta & Sanjoy De, 2020. "Bank Nationalization: Background and Formulation," India Studies in Business and Economics, in: Assessing Performance of Banks in India Fifty Years After Nationalization, chapter 0, pages 7-13, Springer.
  • Handle: RePEc:spr:isbchp:978-981-15-4435-4_2
    DOI: 10.1007/978-981-15-4435-4_2
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    Cited by:

    1. Mayock, Tom & Tzioumis, Konstantinos, 2021. "New construction and mortgage default," Journal of Banking & Finance, Elsevier, vol. 133(C).
    2. Reed, Jeffrey & Dailey, Emily & Shaffer, Brendan & Lane, Blake & Flores, Robert & Fong, Amber & Samuelsen, Scott, 2023. "Potential evolution of the renewable hydrogen sector using California as a reference market," Applied Energy, Elsevier, vol. 331(C).
    3. Alice Jar Rein Aung & Chun Yee Wong, 2022. "The Effects of Education on Fertility and Child Mortality: Evidence from the free secondary education policy in the Philippines," Working Papers EMS_2022_02, Research Institute, International University of Japan.

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