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Why Banks Have a Future: An Economic Rationale

Author

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  • Rajan, R.G.

Abstract

According to some, the commercial bank is anachronistic and in a state of terminal decline. The evidence, however is mixed. This paper takes a different approach to analyzing the future of banks.

Suggested Citation

  • Rajan, R.G., 1996. "Why Banks Have a Future: An Economic Rationale," Papers 280, Banca Italia - Servizio di Studi.
  • Handle: RePEc:fth:banita:280
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    References listed on IDEAS

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    Cited by:

    1. Amable, Bruno & Chatelain, Jean-Bernard & De Bandt, Olivier, 2002. "Optimal capacity in the banking sector and economic growth," Journal of Banking & Finance, Elsevier, vol. 26(2-3), pages 491-517, March.

    More about this item

    Keywords

    BANKS; FINANCIAL MARKET; INNOVATIONS;

    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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