Financial Intermediation in a Less Developed Economy: The History of the United Bank of IndiaFinancial Intermediation in a Less Developed Economy is an institutional narrative of a bank in a developing economy which acts as a case study and brings out the essential relationship between finance and economic development. The volume defines the financial intermediary organization and relates it to the process of economic development. In the process the authors argue that the conventional models of banking constructed for developed countries need to be complemented by institutional narratives of banking that focus on minimization of the transaction costs of finance and organization.
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accounts advances agriculture amalgamation areas Assam assets B. K. Dutt bank management Bank of India bank runs bank’s banking system Bihar borrowers branch expansion Calcutta cent Central Bank cold storage Comilla Banking Corporation commercial banks Committee companies confidence costs crore depositors deposits difficult district efficient employees farmers finance Financial financial institutions financial intermediary financial markets firms first fiscal fixed funds growth Head Office implementation incentives income increased Indian banking interest rates investment issue labour lakh lending liquidity liquidity risk Loan Office merger mobilization moral hazard nationalized banks NPAs officers operations organization planning portfolio priority sector problem productivity profitability profits programme providing public sector banks Punjab National Bank ratio reflected regional offices repayment requirements Reserve Bank restructuring risk management rural scheme securitization share significant significantly specific strategy sufficient Tripura Union United Bank weak banks West Bengal