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This paper while emphasising the importance of the concept of financial stability in wake of recent global financial crisis in particular and other (banking and financial) crises in general attempts to highlight the significance of the soundness of banking sector in emerging economies where...
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country as also among the public, private and foreign banks operating in India. The Indian banking system is relatively … complex financial products, regular intervention by central bank, proactive adjustment of monetary policy and so called close … banking culture has favored the banking industry in India in recent global financial turmoil …
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