International Research journal of Management Sociology & Humanities
( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH
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IMPACT OF GLOBALIZATION ON INDIAN FINANCE SECTOR
1 Author(s): ABHIJIT
Vol - 4, Issue- 1 , Page(s) : 660 - 664 (2013 ) DOI : https://doi.org/10.32804/IRJMSH
The banking system in India has undergone significant changes during last 15 years. There have been new banks, new instruments, new windows, new opportunities and, along with all this, new challenges. While deregulation has opened up new vistas for banks to augment revenues, it has also entailed greater competition and consequently greater risks. The traditional face of banks as mere financial intermediaries has since altered and risk management has emerged as the defining attribute.