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

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De-Ruralisation of Big Banks

De-Ruralisation of Big Banks H B Shivamaggi THERE is no doubt that the Indian banking system requires restructuring for the purpose of simplifying the system and improving its efficiency and accountability. The question is whether the Narasimham Committee on the Financial System (CFS) has tried to reach for the sky above without being sure about the banking system having its feet firmly on the ground below. This doubt particularly arises in view of the implications of its recommendations for the rural sector.

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