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Development Banking in India in the Pre-Liberalization Era

Subhamoy Das

ISBN 10: 3659210285 / ISBN 13: 9783659210280
Published by LAP LAMBERT Academic Publishing
New Condition: New Paperback
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Paperback. 200 pages. Dimensions: 8.7in. x 5.9in. x 0.5in.The independence of India created conditions for setting up of the special institutions, called Development Banks, for supply of finance for industrial development. Although special financial institutions for industrial development were in existence in other countries since the early nineteenth century, they were essentially a post-war phenomenon, especially so far as the developing countries are concerned. To begin with, the Industrial Finance Corporation of India was set up in 1948, within a year of the independence of the country. With the opening of a few more development banks in the country, the industrial finance in India got rapid boost. The present study is an academic probe into the evolution of the development banks in India, along with their changing operational aspects. The analysis should be useful to the researchers and students of financial economics, especially those dealing with industrial finance in India, by providing a deep insight into the development banks in India in the pre-liberalization era. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Bookseller Inventory # 9783659210280

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Bibliographic Details

Title: Development Banking in India in the ...

Publisher: LAP LAMBERT Academic Publishing

Binding: Paperback

Book Condition:New

Book Type: Paperback

About this title

Synopsis:

The independence of India created conditions for setting up of the special institutions, called Development Banks, for supply of finance for industrial development. Although special financial institutions for industrial development were in existence in other countries since the early nineteenth century, they were essentially a post-war phenomenon, especially so far as the developing countries are concerned. To begin with, the Industrial Finance Corporation of India was set up in 1948, within a year of the independence of the country. With the opening of a few more development banks in the country, the industrial finance in India got rapid boost. The present study is an academic probe into the evolution of the development banks in India, along with their changing operational aspects. The analysis should be useful to the researchers and students of financial economics, especially those dealing with industrial finance in India, by providing a deep insight into the development banks in India in the pre-liberalization era.

About the Author:

Dr. Subhamoy Das is Associate Professor in Finance in the Department of Commerce, University of Kalyani, India. Previously he was a Lecturer in Finance at IISWBM, India's first and a premier business school. He has also taught at several other business schools and has more than 16 years of experience in teaching, research and research supervision.

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