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Commercial Bank Management Kanhaiya Singh Vinay Dutta New Delhi, McGraw Hill Education (India) Private Limited, 2013, xvii + 582 pp.
Commercial banks are very important and essential for the growth and development of a country as well as for providing a good quality of life for its citizens. In view of the dynamic, highly competitive, highly regulated, and rapidly changing banking industry, bank managers need to adopt modern financial management decision-making processes using appropriate and up-to-date modern management techniques, models and tools for adjusting to changes and creating value-added services that match customers' needs and wants. The success of a bank will depend on how bank managers handle the profitability and growth of the bank based on effective liquidity management, credit management, capital management, investment management, marketing management, asset and liability management, interest rate risk management, and off balance-sheet activities' management, among others.
The Indian financial sector is highly diversified and complex and has been growing rapidly in the last two decades. It consists of commercial banks, insurance companies, non-banking financial companies, cooperative banks, pension funds, mutual funds, micro-finance institutions, and other smaller financial entities. Commercial banks account for over 60 per cent of the total assets of the financial sector in India and, therefore, play a major role in serving this large and rapidly expanding economy and its citizens. In view of this, commercial bank management is a very important topic.
The book is authored by former bankers-turned-academicians and therefore benefits from their practical and long commercial banking as well as their teaching experience. The authors provide a comprehensive and well-written description of the banking industry in India. The book will be useful for undergraduate students to understand the banking industry both from the perspective of a banker and a bank customer. Bank practitioners can also deepen and broaden their understanding of banking issues and challenges through this book. The book presents various topics concerning commercial bank...