INDIA'S BANKING SECTOR NEEDS NEW PLAYERS
CORPORATES CAN BE GIVEN A CHANCE
2011-08-27 08:09
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India’s public sector banks have made huge strides since the days of nationalization. They now handle unrecognizably large deposits compared with the pre-nationalisation days; they have far greater resilience in terms of capital base and own funds; they are offering varied products to their customers; and, the public sector banks handle no less than 80% of all banking transactions in the country.