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

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State and Market Relationships in Public Sector Banks

Governance Culture and Adaptive Efficiency

The progressive deregulation of the financial market has brought about major changes in the relative position of the different players in the market. Against the backdrop of the evolving relationship between the state and the market, this essay focuses on three interrelated issues the current institutional environment, adaptive efficiency and issues of governance.

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