Privatisation, sort of: Indian banking

Article Abstract:

India is in the process of 'privatizing' many of its banks, and investors in the first privatization effort, the State Bank of India, have tripled their money in three years. However, the government continues to maintain control of the banks including the appointment of managers and the payment of fixed wages.

Privatization, Privatization (Business)

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Imploding star: Indian finance

Article Abstract:

The collapse of the Chain Roop Bhansali (CRB) Capital Markets financial services company in India has caused depositors to panic. CRB's problems arose from minimal regulation, fraud and a 30% decline in the value of its investment portfolio from 1995. Tighter market controls are expected.

Management, CRB Capital Markets Ltd.

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Living dead

Article Abstract:

Changes affecting state banks in India, and their impact on the Indian banking industry are examined in detail.

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