Articles related to history

History of Corporate social responsibility

Corporate Social Responsibility is as old as the evolution of business itself even though the concept was not formulated formally until presently. Raad (2005) describes that corporate social responsibility is not a new topic. Read more »

Modern Indian Writers in English: Are they stereotyped as Casteism writers?

Literature in India has not remained same since its first stages of development in 3000 BC.Vedas Indian literature since the Vedas and the Upanishads has produced more volumes of beautiful writings than any other part of the world. The history spoke of religion and epic, lyric and science, medicine and nature and of love and divinity. When seen in the broadest sense, the most beautiful proses and paras were articulated in our very own language- Sanskrit. Read more »

A brief history of microfinance

The first microenterprise program began in the developing world in the early 1960s and emerged in the United States in the early 1980s. The U.S. microfinance movement was influenced by the women’s movement and is an integral part of the community economic development movement[1]. Read more »

Introduction to Indian Literature in English over the ages

Indian literature in English dates back to around two hundred years of the Literature where several authors have written many Indian books in English, has for its starting point the year 1800. The date has no literary significance but is chosen for its rough and ready usefulness: by 1800 there was no real challenge left to the British domination of Indian from either the other European powers in the region – the Dutch, French and Portuguese – or, except for the Marathas, from the native states. Read more »

Transformational phases in Indian banking sector

During the five decades of attaining independence, the Indian banking system underwent four distinct phases of evolution (Joshi, 2006): Read more »

History of the Indian Banking Sector

The banking system in India at the time of independence was fairly well developed. While the Reserve Bank of India was established in 1935, the nationalization of commercial bank took place much later in 1955; with the Imperial Bank being rechristened as the State bank of India (SBI). Read more »

Components of liberalisation

Jain (2007) also lists the two major components of liberalization policies:

  • Freedom to enter restricted/reserved areas of production: Liberalisation, particularly in the Indian context, gives the private sector freedom to enter several reserved areas of production. Many core industries such as power, iron and steel, air transport, defence equipments and ship building are those included in this category, which were opened up to the private sector. Read more »

Evolution of Indian Banking System

We can identify three distinct phases in the history of Indian Banking.

  1. Early phase from 1786 to 1969
  2. Nationalization of Banks and up to 1991 prior to banking sector Reforms
  3. New phase of Indian Banking with the advent of Financial & Banking Sector Reforms after 1991. Read more »
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