International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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ROLE OF COMMERCIAL BANKS IN DEVELOPING ECONOMY

    1 Author(s):  RITU SAHNI

Vol -  1, Issue- 1 ,         Page(s) : 238 - 241  (2010 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

Sound commercial banking system is an essential prerequisite for the economic development of a backward economy. Commercial banking system can’t be recognized as an end to achieve economic objective but may be taken as a means to fulfill the economic objects as determined by the policy makers. The performance and activities conducted by these banks were significant and beneficial for improving economical condition. Commercial banks after nationalization played an important role in improving economy. This article focuses on role played by commercial banks.

  1. Guru Dutt - Indian Banking past and present.
  2. Mathur (O.P.) - Public sector banks in India’s Economy. 
  3. Parandikar (s) and - Banking in India Mithani (D.M)
  4. Mehra, Dilip - Indian financial system and  commercial banking
  5. Rao,(B.R) -         current trends in Indian banking
Annual Reports Journals and survey reports -
1. Economic survey different yearly issues.
2. Competition is Indian Banking - Issues and implications.
3. Banks since nationalisation. 1981 and other issues a quarterly journal.
4. Commercial banking (Vol. 1)
5. Economic survey different yearly issues. 
6. I.B.A. Bulletin-  Indian bank organization

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