The evolution of the State Bank of India
The evolution of the State Bank of India

Author: Abhik Ray

Publisher: Penguin Books India

Published: 2009

Total Pages: 1110

ISBN-13: 0670999067

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&Nbsp; Playing A Part In The Story Is A Cast Of Bankers Who Left Their Imprint On The Bank&Rsquo;S Policies, Practices And Character, Among Them A Series Of Remarkable Chairmen, Not To Speak Of The Hundreds Of Dedicated Officers And Other Employees Who Helped Establish The Bank&Rsquo;S Pre-Eminence And Provide Leadership To The Banking System. &Nbsp; The State Bank Of India Act Received The President&Rsquo;S Assent On 8 May 1955, And On 1 July, Moving With Remarkable Swiftness, The New Bank Came Into Being. The Purpose Was To Create An Institution That Would Form An Essential Part Of The Country&Rsquo;S Plans For Modernization, Envisaged In The Era Of Economic Planning. The Bank Would Have Its Roots Firmly Planted In The Countryside Through A Network Of Branches That Spanned The Country&Rsquo;S Farthest Corners, And Play A Major Role In National Development. In Volume 4 Of The Evolution Of The State Bank Of India We Are Taken Into The Heart Of The Entire Exercise, Ranging From The Organizational Issues Posed By A Rapidly Expanding Network Of Branches Running Into The Thousands To Those Of Motivating A Huge Workforce, Besides The Problems Of Venturing Into Areas Of Banking&Mdash;Such As Development Banking Geared To The Needs Of The Artisan And The Farmer&Mdash;That Had Not Been Tried Before.

The Evolution of the State Bank of India
The Evolution of the State Bank of India

Author: Amiya Kumar Bagchi

Publisher: SAGE Publications Pvt. Limited

Published: 2003-04-08

Total Pages: 708

ISBN-13:

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Drawing upon the archival material of the State Bank of India, which include some of the most extensive primary sources available on joint stock banking in India, this book, the final volume in the trilogy on the evolution of the State Bank of India, is a narrative history of the Imperial Bank of India from 1921 to 1955. The book documents with precision and rare candour the initial setbacks and subsequent rise of the Imperial Bank during a critical political and economic phase that spanned the Great Depression, World War II and post-Independence India, as also the corresponding development of industries in India with which the Imperial Bank was closely associated. It also briefly profiles the Reserve Bank of India, which was established in 1935 in order to take over the quasi-central functions of the Imperial Bank.

Finance and Modernization
Finance and Modernization

Author: Gerald D. Feldman

Publisher: Taylor & Francis

Published: 2016-12-05

Total Pages: 319

ISBN-13: 1351936506

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Finance and Modernization centres on a set of historical developments and problems typified by the long history of the Österreichische Creditanstalt and its successor organizations, and opens the way to compare and contrast experiences throughout Central and Western Europe and also on other continents. The structure of this volume reflects the changing role and nature of banks as economies become industrialized and modernized. Although banks adapt to the needs of an industrializing economy, at the same time, industrialization influences the manner in which banking systems grow and the structures which they adopt. Beginning with studies of the Austrian banks, their development and their crises, the volume then moves on to look at case studies of important aspects of financial activity - German stock markets, railroad investment, and information networks. This is followed by a section on country studies of banking modernization in Sweden, the Netherlands and Greece. Finally, the collection concludes with two chapters, one on banking in China and the other on banking in India, certainly both of intrinsic interest and of importance in an era of globalization. Professor Teichova, one of the great scholars in the field, concludes with reflections on the individual contributions and the general problems addressed in this book.

Grit, Guts and Gumption
Grit, Guts and Gumption

Author: Rajesh Chakrabarti

Publisher: Penguin Books India

Published: 2010

Total Pages: 250

ISBN-13: 0670085006

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‘If both banks grew at the rate they have achieved in the past four years, ICICI Bank will overtake State Bank in four years in terms of deposits’—Business World, July 2007 ‘Even a casual glance at SBI . . . reveals a bank fuelled by growth . . . SBI has swamped almost every segment of industry it has stepped into’—Business India, August 2009 This is the story of the carefully planned resurgence of the State Bank of India (SBI) from a laid-back incumbent under threat from private players to a customer-oriented competitive organization that has outperformed rivals despite several constraints. The leadership at SBI succeeded in reshaping perspectives and profitability at the bank, which employs a staggering 200,000 people, notwithstanding salary restrictions and regulatory bottlenecks. While the primary thrust was on changing employee attitude towards their own organization and, of course, its customers, the transformation exercise was broadbased, encompassing fundamental changes in technology, processes and business-mix alike. In about three years beginning 2006, SBI not only defended its own lair against the siege of younger, leaner, meaner rivals, but actually took the battle to the attackers’ domains. SBI’s size and setting make the story an inspiring example to other organizations, particularly in the public sector. Written in a fluid and engaging style, and backed by facts, figures, analysis and anecdotes, the book challenges several stereotypes and dogmas common in today’s management circles.

Asian Imperial Banking History
Asian Imperial Banking History

Author: Hubert Bonin

Publisher: Routledge

Published: 2015-10-06

Total Pages: 241

ISBN-13: 1317316932

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When European powers annexed parts of Asia, banking systems were an important part of that process. The essays in this edited collection are based on original research using primary sources in English, French, Russian, Chinese and Japanese. The book as a whole provides new insights into banking in imperial Asia and a platform for further research.

Barons of Banking
Barons of Banking

Author: Bakhtiar Dadabhoy

Publisher: Random House India

Published: 2013-09-18

Total Pages: 403

ISBN-13: 8184004761

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Barons of Banking highlights the contributions of six distinguished personalities from the world of banking—Sir Sorabji Pochkhanawala, Sir Purshotamdas Thakurdas, Sir Chintaman D. Deshmukh, A.D. Shroff, H.T. Parekh, and R.K. Talwar—who not only played a pioneering role in the growth of the institutions which they founded, or were actively associated with, but left an indelible mark on the banking industry as a whole. Through the narration of the history of five key institutions - the Central Bank of India; the Reserve Bank of India; the State Bank of India; the Industrial Credit and Investment Corporation of India Ltd; and the Housing Development and Finance Corporation Ltd—the author gives us a keen insight into the contributions of these luminaries to banking in India. Also included is a narration of the recommendations of important committees and commissions which influenced the course of Indian banking. Divided into four parts, the book uses hitherto unused archival material recently put in the public domain by the RBI. Of particular interest is a discussion of the acrimonious relationship between Sir James Grigg, the Finance Member of the Viceroy’s Executive Council and Sir Osborne Smith, the first Governor of the RBI, which throws fresh light on a spat which remains unprecedented not only in the bank’s history, but possibly in all of banking history. Meticulously researched and engagingly written, this book will be of interest to both the academic and general reader and, of course, to the professional banker interested in a selective peep into the history of his profession.

Producing India
Producing India

Author: Manu Goswami

Publisher: University of Chicago Press

Published: 2010-01-26

Total Pages: 414

ISBN-13: 0226305104

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When did categories such as a national space and economy acquire self-evident meaning and a global reach? Why do nationalist movements demand a territorial fix between a particular space, economy, culture, and people? Producing India mounts a formidable challenge to the entrenched practice of methodological nationalism that has accorded an exaggerated privilege to the nation-state as a dominant unit of historical and political analysis. Manu Goswami locates the origins and contradictions of Indian nationalism in the convergence of the lived experience of colonial space, the expansive logic of capital, and interstate dynamics. Building on and critically extending subaltern and postcolonial perspectives, her study shows how nineteenth-century conceptions of India as a bounded national space and economy bequeathed an enduring tension between a universalistic political economy of nationhood and a nativist project that continues to haunt the present moment. Elegantly conceived and judiciously argued, Producing India will be invaluable to students of history, political economy, geography, and Asian studies.