Golden Jubilee of Bank Nationalisation: Taking Stock
- Survey observes 2019 as the golden jubilee year of bank nationalization.
- Accomplishments of lakhs of Public Sector Banks (PSBs) employees cherished and an objective assessment of PSBs suggested by the Survey.
- Since 1969, India’s Banking sector has not developed proportionately to the growth in the size of the economy.
- India has only one bank in the global top 100 – same as countries that are a fraction of its size: Finland (about 1/11th), Denmark (1/8th), etc.
- A large economy needs an efficient banking sector to support its growth.
- The onus of supporting the economy falls on the PSBs accounting for 70 % of the market ....
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- 2 Services Sector
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- 4 Agriculture and Food Management
- 5 Sustainable Development and Climate Change
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- 7 Monetary Management and Financial Intermediation
- 8 External Sector
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