Amrut Mody School of Management, Ahmedabad University announced its First Annual Economics Conference on the theme 50 years of Bank Nationalisation: Indian Banking at Crossroads from Nov 16-17, 2019.
On July 19, 1969, the Indian Government nationalised 14 largest private sector banks in India to push city-based banks to provide banking in rural areas. However, the record has been at best mixed. The banks did open branches and provided banking services in rural and neglected areas but this rural push was at the cost of profitability and efficiency of banks. The Finance Minister in the interim budget speech of 2019-20 made the following observation: “Bank nationalisation was first done 50 years ago, but a large part of the country was still left out of the economic mainstream with no access to formal banking.”
The year 2019 also places Indian banking at crossroads. The recent NPA crisis and spate of fraud cases has put the spotlight on India’s banks. The big question is how despite many years of reforms and adopting prudential norms, there is an NPA crisis of this scale? The crisis has also opened up the old issue of whether RBI has enough powers to regulate public sector banks.
The 50th anniversary is a good time to review these ongoing developments in banking.
The conference invite papers to the Conference on the following themes:
- Regulation and Supervision of Banks.
- Financial Inclusion.
- Technology in Banking and Payment Systems.
- History of Bank Nationalisation in India (and other countries).
Send the abstract of the research paper (max. 500 words) through email (econ2019[at]ahduni.edu.in). On acceptance, the participants will be ideally required to submit the full paper. If one is unable to write the full paper, the conference shall also accept a presentation hoping for later submission of the paper.
- Last Date for Submission of abstract: Sep 30, 2019
- Acceptance notification: Oct 15, 2019
- Submission of full paper: Oct 30, 2019
To register for the conference, click here.
|Type of Participation||INR|
Faculty in-charge: Professor Amol Agrawal