Access

You are not currently logged in.

Access JSTOR through your library or other institution:

login

Log in through your institution.

If You Use a Screen Reader

This content is available through Read Online (Free) program, which relies on page scans. Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Journal Article

Public Sector Banks in India: Should They Be Privatised?

K. B. L. Mathur
Economic and Political Weekly
Vol. 37, No. 23 (Jun. 8-14, 2002), pp. 2245-2256
Stable URL: http://www.jstor.org/stable/4412218
Page Count: 12
Were these topics helpful?
See something inaccurate? Let us know!

Select the topics that are inaccurate.

Cancel
  • Read Online (Free)
  • Download ($9.00)
  • Subscribe ($19.50)
  • Add to My Lists
  • Cite this Item
Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Public Sector Banks in India: Should They Be Privatised?
Preview not available

Abstract

An examination of the main arguments extended to build a case for privatisation of the public sector banks (PSBs) in India reveals that the arguments are based on (a) perceptions rather than factual analysis; (b) the use of partial information; and (c) evidence on international experience which is not unambiguous. It can be concluded that the case for privatisation of PSBs in India is not strong enough at least on the grounds usually proposed by the advocates of privatisation. Private sector banking would have a larger probability of crisis if the supporting legal and regulatory framework were not sound enough to insulate the systems from extraneous pressures. It may, therefore, be safer to maintain the public sector character of the banks till the conditions for privatisation are conducive enough.

Page Thumbnails

  • Thumbnail: Page 
2245
    2245
  • Thumbnail: Page 
2246
    2246
  • Thumbnail: Page 
2247
    2247
  • Thumbnail: Page 
2248
    2248
  • Thumbnail: Page 
2249
    2249
  • Thumbnail: Page 
2250
    2250
  • Thumbnail: Page 
2251
    2251
  • Thumbnail: Page 
2252
    2252
  • Thumbnail: Page 
2253
    2253
  • Thumbnail: Page 
2254
    2254
  • Thumbnail: Page 
2255
    2255
  • Thumbnail: Page 
2256
    2256