Chapter

The Lead Bank Systems in India

V. V. Bhatt

in The Japanese Main Bank System

Published in print February 1995 | ISBN: 9780198288992
Published online August 2004 | e-ISBN: 9780191601224 | DOI: http://dx.doi.org/10.1093/0198288999.003.0014
 The Lead Bank Systems in India

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This chapter examines the lead bank systems in India. The lead bank system is similar to the universal banking system in Germany during the late 19th century in terms of financial innovations, and the Japanese main bank system with regards to objectives. It is argued that countries need to develop a banking system similar to the Japanese main bank system to achieve industrial development. The reasons why developing economics cannot have a predominantly market-oriented system, and the requirements for the main bank system to function effectively are discussed.

Keywords: India; lead bank systems; financial system; German universal banking system; Japanese main bank system

Chapter.  10873 words. 

Subjects: Financial Markets

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