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CAMEL-VS: A NEW WAY TO LOOK AT THE BANKS A CASE OF PUNJAB NATIONAL BANK
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Author(s):
PROF. MOHAMMAD YAMEEN, SHIVAM JINDAL
Vol - 8, Issue- 9 ,
Page(s) : 123 - 140
(2017 )
DOI : https://doi.org/10.32804/IRJMSH
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Abstract
Banking plays a very important role in the economic development of a nation. In fact, banking is the life blood of modern economy. It may truly be said that modern commerce is so dependent on banking that any cessation of banking activity, even for a day or two, would completely paralyze the economic life of a nation. From its original narrow scope and modest purpose of taking care of other people’s money and lending a part of it, banking has developed to such an extent that, in countries like England, France and USA, there is hardly a business deal in which the assistance of a bank is not sought in one form or another.
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