The Indian Banking System, Financial Fragility, and Deregulation

Indian banking has undergone structural changes from financial reform and the process of deregulation during the 1990s. Added to this is a new element, the COVID-19 pandemic, and its effects on the banking system. The categories of concentration and centralization of capital and the increasing insta...

Full description

Saved in:
Bibliographic Details
Published in:International journal of political economy 2021-10, Vol.50 (4), p.292-317
Main Authors: Girón, Alicia, Silva, Jacobo
Format: Article
Language:English
Subjects:
Concentration and centralization
COVID-19
financial instability and fragility
Indian banking system
non-performing loans
Pandemics
Citations: Items that this one cites
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Indian banking has undergone structural changes from financial reform and the process of deregulation during the 1990s. Added to this is a new element, the COVID-19 pandemic, and its effects on the banking system. The categories of concentration and centralization of capital and the increasing instability of banking institutions will enable an assessment of banking fragility as well as the impact and repercussions of the pandemic. The economic fragility of India's banking system has been a constant over the past few decades. The objective of this article is to analyze the profitability of the banking system, the banks' non-performing loans and the government's strategy to prevent a banking crisis.
ISSN:0891-1916
1558-0970
DOI:10.1080/08911916.2021.2001245