Impact of Liberalization on Indian System

Abstract

Indian banking system has come a long way since independence, going through the nationalization phase, the liberalization phase and is preparing itself for very crucial globalization phase. During the different phases public sector bank, private banks and foreign banks plays an important role. This study analyze the effect liberalization on the overall Indian banking system by going through impact of reforms on Indian banking system, performance of public sector banks vis-a-vis private sector and foreign banks. This study also shows the relationship between profitability and internal parameters of the bank.