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Some Issues of Growth and Profitability in Indian Public Sector Banks
Economic and Political Weekly
Vol. 37, No. 22 (Jun. 1-7, 2002), pp. 2155-2162
Published by: Economic and Political Weekly
Stable URL: http://www.jstor.org/stable/4412194
Page Count: 8
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Public sector banks face a triple jeopardy. First, they are losing market share; second, their profitability is being seriously squeezed; and, third, their balance sheets are not strong and their sovereign support, which had buttressed them so far, is becoming open to question. The reasons for this less-than-enviable condition of the public sector banks are many, but a principal operative factor derives from the nature of their ownership and what that translates into in terms of goals and priorities.
Economic and Political Weekly © 2002 Economic and Political Weekly