A chronicle of banking reform

The book briefly looks at the years before the period of economic liberalisation, understanding the need for nationalisation, defining the social objectives that the state-owned banks were serving

Reforming the Indian Public Sector Banks 

The Lessons and the Challenges 

T R Bhat

Gyan Publishing House

346 pages; Rs 1,150

It is not very often that we find retired bank officers writing about the banking sector as a whole with a large canvas. There is something special about this book. T R Bhat, the author, had a career in a mid-sized public sector bank — Corporation Bank. During his active service, Mr Bhat was, for the most part, an office bearer in the officers’ union. He even served on the board of his bank as a representative of the bank officers. He has authored