ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Bank Chairmen Speak

of a Marxist-oriented alternative to the Labour Right-wing, which because of an industrial and popular cadre base, backed by previous dis- sident Labour Left-wing groups, may offer a more serious challenge than the Labour Party has had to face on its left since the 1930's- Bank Chairmen Speak Arthagnani OF ALL INDUSTRIES, banking is the one most concerned with the general state of the economy. Statements of bank chairmen at annual general meetings of banks, therefore, provide an interesting insight into their reading of economic trends. Last year was an unusual one for the Indian economy, and so the comments of the chairmen of leading banks at the latest annual general meetings of the banks are of particular interest. Besides being concerned with the more gene- ral problems of planning and devaluation, bank chairmen have also discussed the role of credit policy and their own part in it, and the impact of various developments on their operations.

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