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A special report on banking in emerging markets: Mutually assured existence
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 395 no. 8682 (May 2010)
,
page 54+10.
Topik:
India
;
State Banks
;
Assets
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.60
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
“INDIA is where China was ten years back,” says Mr Kamath, chairman of ICICI. That is certainly true by size. India’s GDP amounts to about a quarter of China’s today and its banking industry just a tenth. But in at least one respect India is well ahead: it has several dynamic privately owned banks that over the past decade have taken a fifth or so of the market from the state-controlled banks. Until the financial crisis in the West the private banks seemed to offer a template for the entire industry: within a decade or two, it seemed, the state would retreat significantly. Now India’s mixed model of banking is likely to persist for longer.
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