The banking system of India consists of the central bank (Reserve Bank of India), commercial banks, co-operative banks and development banks (development finance institutions). These institutions, which provide a meeting ground for the savers and the investors, form the core of India's financial sector. The present book explains and examines the changes which have swept the Indian banking sector over the last 60 years since Independence.
Dr. Niti Bhasin is presently Associate Professor in the Department of Commerce, Delhi School of Economics (DSE), University of Delhi, Delhi. A gold medallist in the M.Com. examination of 2000 of University of Delhi, she holds M.Phil. and Ph.D. degrees from the Department of Commerce, University of Delhi. She has published research papers in refereed academic journals including Multinational Business Review (Emerald), Journal of International Trade and Economic Development (Taylor and Francis), and Global Business Review (Sage). Dr. Bhasin has attended and presented papers at various national and international conferences/seminars including the World Finance Conference, Rio de Janeiro (Brazil); Henley Business School, London (UK); and Mahidol University, Bangkok (Thailand). She is the recipient of Best Business Academic of the Year Award (2011) by Indian Commerce Association. Before joining the Department of Commerce, Delhi School of Economics, she taught for about 4 years at Shri Ram College of Commerce (SRCC), University of Delhi. Her areas of specialisation include international business, foreign investment, finance and taxation.