( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH

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CRISIS MANAGEMENT STRATEGY OF BANKS DURING GLOBAL MELTDOWN

    1 Author(s):  LAVKIA JAROLI

Vol -  5, Issue- 7 ,         Page(s) : 97 - 104  (2014 ) DOI : https://doi.org/10.32804/IRJMSH

Abstract

Financial crisis has affected the world''s banking sector very much. In this paper, we discuss the consequences of financial crisis on Indian banking sector We focus on, how the functioning of Bank of India gets affected by the crisis. We also look at the steps taken by the Indian government, central bank (Reserve Bank of India) and the State Bank of India to deal with the crisis. Further, we see the lesson learned from the crisis and future strategy of banks to act effectively and safely in world market.

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