LM World

  Structure of the Indian Banking System The Reserve Bank of India is the central bank of the country and regulates the banking system of India. The structure of the banking system of India can be broadly divided into scheduled banks, non-scheduled banks, and development banks. Banks that are included in the second schedule of the Reserve Bank of India Act, of  1934 are considered to be scheduled banks. The Indian Banking System includes commercial banks, regional rural banks, urban cooperative banks, and primary agricultural credit societies. India’s modern banking began in the 18th century. The State Bank of India is the biggest and oldest surviving bank. It began as the Bank of Calcutta in mid-June 1806. Today it is one of the largest lenders in the country. The Indian subcontinent reaped the benefits of a favourable trade balance, with exports outnumbering imports by wide percentages.  

  BANKING SECTOR IN INDIA- AN OVERVIEW Introduction             The Indian financial system in the pre-reform period (i.e., prior to the Gulf crisis of 1991), essentially catered to the needs of planned development in a mixed-economy framework where the public sector had a dominant role in economic activity. The strategy of planned economic development required huge development expenditure, which was met through the Government’s dominance of ownership of banks, automatic monetization of fiscal deficit, and, subjecting the banking sector to large pre-emptions – both in terms of the statutory holding of Government securities (statutory liquidity ratio, or SLR) and cash reserve ratio (CRR). Besides, there was a complex structure of administered interest rates guided by social concerns, resulting in cross-subsidization. These not only distorted the interest rate mechanism but also adversely affected the viability and profitabilit...

  INTRODUCTION AND RESEARCH DESIGN OF THE STUDY Introduction             Credit management helps to analyze the important methods toreduce the various risks associated with the granting of loans and advances. This helps to determine the financial strength of the borrowers, estimating the probability of default and reducing the risk of non-repayment to an acceptable level. In general, credit evaluations are based on the loan officer's subjective assessment.               The process of credit management begins with accurately assessing the credit worthiness of the customer base and his or her business viability. This is particularly important if the company chooses to extend some type of credit line or revolving credit to certain customers. Hence, proper credit management is setting specific criteria that a customer must meet before receiving the proposed credit a...

  CHAPTER 1 INTRODUCTION               With the unavoidable shortage of fossil fuel sources in the future, renewable types of energy have become a topic of interest for researchers, technicians, investors and decision makers all around the world. New types of energy that are getting attention include hydroelectricity, bio-energy, solar, wind and geothermal energy, tidal power and wave power. Because of their renewability, they are considered as favourable replacements for fossil fuel sources. Among those types of energy, solar photovoltaic (PV) energy is one of the most available resources. This technology has been adopted more widely for residential use nowadays, thanks to research and development activities to improve solar cells’ performance and lower the cost. According to International Energy Agency (IEA), worldwide PV capacity has grown at 49% per year on average since early 2000s. Solar PV energy is highly exp...