Abstract
The State Bank of India (SBI), India’s largest and oldest surviving bank, accounts for a fifth of the country’s banking sector by most measures. It has held on to its premier position in the teeth of serious competition from private players after the country opened up its banking sector in the mid-1990s. However, as with other state-owned banks, its public sector status continues to handicap SBI’s competitiveness in important ways, while also bestowing certain advantages, particularly in turbulent times. This chapter attempts to understand how government ownership has hindered — and helped — SBI in an increasingly competitive banking environment in India.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Acharya, V., A. Agarwal and N. Kulkarni (2010) ‘State Ownership and Systemic Risk: Evidence from the Indian Financial Sector during 2007–09’, Working Paper, Stern School of Business, New York University.
Agrawal, H.N. (1980) A Portrait of Nationalised Banks, Delhi: Inter-India Publications.
Chakrabarti, R. (2010) Grit, Guts, and Gumption: Driving Change in a State-owned Giant, New Delhi: Penguin.
Planning Commission (2008) A Hundred Small Steps: Report of the Committee on Financial Sector Reforms, New Delhi: Sage Publications.
Reserve Bank of India (2010) ‘Report on the Trend and Progress of Banking in India 2009–10’, RBI, Mumbai.
Editor information
Editors and Affiliations
Copyright information
© 2012 Rajesh Chakrabarti
About this chapter
Cite this chapter
Chakrabarti, R. (2012). State Bank of India: The Opportunities and Challenges of Being a State-Owned Bank in India. In: Yi-chong, X. (eds) The Political Economy of State-owned Enterprises in China and India. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137271655_11
Download citation
DOI: https://doi.org/10.1057/9781137271655_11
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-34809-1
Online ISBN: 978-1-137-27165-5
eBook Packages: Palgrave Political & Intern. Studies CollectionPolitical Science and International Studies (R0)