India Has Entered The Second Stage Of Financial Sector Development, Where Market Forces Are Helping In Resources Allocation And Efficient Price Discovery Process.The Harmonization Of Regulatory Institutions And Devising Of New Financial Architecture Is Necessary To Enhance The Resilience Of India S Financial Sector And Reduce The Fragility Of Some Financial Institutions. High Exposure In Government Securities, Government Guaranteed Loans, Improper Valuation Of Collaterals, Vulnerability To Interest Rate Cycle, Still High Level Of Npas, Unsatisfactory Corporate Governance And Disclosures, Inadequate Surveillance, Stock Market Volatility, Risk Concentration And Policy Failure Cause Concern. This Necessitates Improving Transparency And Governance, Resolving Failure In The Industrial And Financial Sector, De-Linking Government And Private Sector, Fostering Innovation, And Improving The Supervisory And Regulatory Infrastructure. Given The Debilitating Impact Of Financial Sector Crisis On The Economy, The Stability Of The Financial Sector Should Be The Goal Of The Economy. Financial Stability Can Be Strengthened By Improved Financial Infrastructure, Enhanced Competition And Restructured Segments Of Financial System.Reform Measures Enhanced Efficiency And Stability Of The Banking System In India. Indian Banks Are Well Placed Compared With Their Counterparts In Developed Countries. But There Are Persisting Issues Of Removal Of Structural Barriers To Competition, Privatisation Of Banking System, Radical Restructuring, Downsizing Of The Balance Sheet, Recapitalisation And Eventual Privatisation Of The Financial Institutions, Withdrawal Of Quantitative Credit Controls And Directed Credit And Modernisation Of The Payment System. The Inexorable Process Of Economic Reforms Must Continue To Slash Poverty And Support Sustainable Development While Strengthening Financial Institutions. This Overarching Goal Of Development Needs A Renewed Thrust On Financial Sector Reforms. The Papers Included In The Present Book Cover Large Areas, But All Coalesce Into The Central Theme Of India S Transforming Financial Sector. It Is Hoped That The Book Will Prove Useful To A Wide Cross Section Of The Reading Public, Including Scholars And Academics, The Government Executives, International Institutions, Business Communities, And Planners And Policymakers.

Eminent economists, financial experts, and top bankers are the authors of the essays collected within these two volumes, which present a concise and authoritative overview of some of the latest and the most challenging issues facing India's financial sector in the 21st century.

In this commemorative volume, India's top business leaders and economic luminaries come together to provide a balanced picture of the consequences of the country’s economic reforms, which were initiated in 1991. What were the reforms? What were they intended for? How have they affected the overall functioning of the economy? With contributions from Mukesh Ambani, Narayana Murthy, Sunil Mittal, Kiran Mazumdar-Shaw, Shivshankar Menon, Montek Singh Ahluwalia, T.N. Ninan, Sanjaya Baru, Naushad Forbes, Omkar Goswami and R. Gopalakrishnan, India Transformed delves deep into the life of an economically liberalized India through the eyes of the people who helped transform it.

The Indian Economy Is Undoubtedly On The Fulcrum Of An Ever-Increasing Growth Curve. Long Criticised For Nurturing An Inward Looking Economy, The Country S Impressive Gdp Growth Of 9.2 Per Cent During The Financial Year 2006 07 And 8.4 Per Cent In 2005-06 Has Led The Experts Of Globalisation Forecast That By The Next Thirty Years India S Economy Could Be Larger Than All But Those Of The United States And China. Thus, India Has Not Only Been Able To Discard Its Image As The Tortoise Of The Region But Has Also Presented Itself To The World As An Economic Powerhouse. The Initiatives Taken In The Early 1990S Continue To Bring The Rewards And Have Enabled India To Become The Fourth Largest Gdp In The World In Terms Of Purchasing Power. Today, The Young Generation Has The Potential To Absorb And Master New Technologies. The Country Has A Healthy Regulatory Environment And Strong Financial System. Owing To Its Better Returns On Investments, It Has Been Able To Attract A Large Number Of Foreign Investors. Mncs Are Today Looking For Low-Cost Manufacturing Bases, And India Is Seen As Their Favourite Choice. It Has Been Estimated By The Eminent Economists That India May Emerge As One Of The Three Top Engineering Goods Exporters Among Low- Cost Offshore Manufacturers With An Export Target Of $ 250-300 Billion By 2015. Likewise, It Is Becoming A Major Force In Complex, High-End And High Margin Information Technology Services.Today, There Is An Increasing Willingness Internationally To Work With India And Build Relationships For Mutual Benefit In Different Fields Automobile, Pharmaceuticals, Tourism, Electronics & Communications, To Name A Few. No Wonder There Are Many Who Believe That The Future Belongs To India. It Is Not To Say That The Country Has An Easy Ride Ahead. Its First Challenge Is To Broad-Base Growth. According To World Bank Data, A Considerably Large Proportion Of India S Population Earns Less Than $ 2 A Day. Furthermore, The Problems Of Illiteracy, Lack Of Health Care And Unemployment Are Still Acute, Which Indicate That India Is Long Way Away From Prosperity. The Changing Face Of Indian Economy Thus Needs To Be Looked Into From Several Sides. The Present Book Is A Modest Effort In This Direction. It Makes An Analytic Study Of India S Progress Since Independence Of The Country And Focuses On The Policies And Initiatives Taken As Yet. It Aims At Acquainting Readers With The Economic Scenario Of India In Its True Spirit.It Is Hoped That The Book Will Prove An Ideal Reference Book For Students, Researchers And Teachers Of Economics. Even The General Readers Interested In The Present State Of Indian Economy And Its Progress Will Find It Valuable And Informative.

The National Level Peer Reviewed Edited Book titled ‘Digital Transformation in Emerging Business Environment’ is a wonderful treatise which concentrates on the efficiency of improved infrastructure and its impact on the socio-economic growth and addresses diverse theme of great importance and relevance to the business, economy and society. This book contains research papers and scholarly articles of the eminent academicians, scholars and researchers in the diverse fields of Business, Finance, Marketing, Management etc. in a highly organised and lucid manner.

Reforms and Economic Transformation in India is the second volume in the series Studies in Indian Economic Policies. In this book, nine original essays pursue three interrelated themes: Why the movement of workers out of agriculture, into industry and services, and from informal to formal employments has been slow, explaining the impact the reforms have had on profitability and competition among enterprises,and analyzing the impact on the socially disadvantaged in terms of wage and education outcomes and entrepreneurship.

Efficient management of managerial tasks by capable managers is essential in order to grow and remain competitive in today’s global business market. On the other hand, digital transformation enables organizations to better compete with their global counterparts. In the process of digital transformation, many firms find it difficult to acquire qualified leadership with adequate knowledge and competence to drive success. Without integrating the dual edges of managerial competence and digital evolution, it is next to impossible for a firm to both survive and grow. Managerial Issues in Digital Transformation of Global Modern Corporations is a critical scholarly publication that examines current challenges in the digital transformation of modern business corporations from a managerial and leadership perspective. Featuring a wide range of topics such as digital transformation, marketing, and global business, this book is ideal for corporate executives, managers, IT specialists, entrepreneurs, business administrators, industry practitioners, academicians, researchers, policymakers, and students from various relevant disciplines that include economics, information and technology, business administration, management science, and commerce.

Indian Economy Has Undergone Great Structural Transformation Since Indepen¬Dence. It Is Necessary To Look Into The Different Aspects Of This Transformation And The Present Volume Aims At Fulfilling This Task.The Planned And Also The Unplanned Growth Of Indian Economy Is Facing Many Pro¬Blems At The Grass-Root And Also At The Topmost Levels. After Looking Into The General Issues Of Structural Transformation, The Book Analyses, Explains And Interprets The Performances, Perspectives And Prospects Of The Primary, Secondary, Tertiary And Social Sectors Of The Indian Economy.Thirtynine Eminent Economists, Edu¬Cationists And Scholars Have Contributed Their Research Papers And Notes For This Work. The Book Will Be Immensely Useful For The Academic, Economic, Political And Social Worlds. It Will Be Of Use For The Planners, Scholars, Researchers And Students Of Economics And Other Social Sciences. It Will Answer Many Questions And Will Raise Further Issues On The Academic And Economic Stage.

There was a time when the banking business was differentiated by its traditional brick-andmortar operations; but, in the present day, it is at the forefront of digital innovation. It has become clearly clear that the moment for digital transformation in banking is certainly now. This is because the expectations of consumers continue to rise continuously, and the need for experiences that are both seamless and customised continues to grow. Through the use of cutting-edge technology and solutions that are centred on the user, financial institutions are able to enhance the services they offer, streamline their processes, and preserve their competitive advantage in an environment that is continually evolving. In addition to this, the emergence of disruptive fintech companies that are challenging the status quo is another aspect that is contributing to the growing need of adopting digital tactics. This is in addition to the fact that it is essential to provide services to customers who are wellversed in contemporary technological developments. During the fiscal year 2022, mid-size banks and credit unions raised their investments in digital transformation by more than fifty percent, reaching roughly four hundred and twentyfive thousand dollars for every one billion dollars in assets, according to a research that was just published by Alkami. This is an increase from the average of slightly more than $200,000 per $1 billion in assets for the fiscal year 2021, and it is only projected that this trend will continue to climb in the fiscal year 2023. This shows an increase from the previous year. In order for financial institutions to continue to provide their customers value, convenience, and safety in the 21st century, it is essential for them to take substantial steps in the process of modernising their operations as we go deeper into the age of digital banking. This will guarantee that they continue to provide their customers with these benefits.