Mercantile Bombay

Mercantile Bombay
Author: Sifra Lentin
Publisher: Taylor & Francis
Total Pages: 91
Release: 2021-11-17
Genre: Business & Economics
ISBN: 1000515206

This volume reclaims Mumbai’s legacy as a global financial centre of the 19th to the first half of the 20th century. It shows how Mumbai, or erstwhile Bombay, once served as a central node in global networks of trade, finance, commercial institutions and most importantly trading communities. In doing so it highlights that this city more than any other Indian city still possesses all these virtuous elements making it an appropriate location for a financial special economic zone (SEZ) – an idea shelved temporarily. The book explores how the city flourished in its heyday as a trading, financial, commercial and manufacturing hub in a globalised colonial world. While the city’s importance as a nodal financial hub in the global economy ebbed post India’s Independence and the Second World War, the multi-cultural city found renewed importance following the forex crisis of 1991. Institutions (the RBI, SEBI and State Bank of India headquarters), capacities, experiences, communities and talent centred in Mumbai revived its position, while managing the transition to a more open economy. Though Mumbai is not yet an international financial centre (financial SEZ) like London, New York, Dubai, Singapore, Hong Kong, this volume explores why it has all the essential elements to become one today, and looks at the city as a trading city, a global financial centre, and a city of enterprise. An introspective read on India’s financial capital, this volume will be essential for scholars and researchers of economics, business studies and commerce. It will be of great interest to policy makers, city-headquartered business houses, financial institutions and its people.

Dynamics of Bank Deposits

Dynamics of Bank Deposits
Author: Debesh Roy
Publisher: Berghahn Books
Total Pages: 216
Release: 2003
Genre: Business & Economics
ISBN: 9788187358114

Where bank deposits are the only profitable savings instrument available in the rural centers of India that have few or no bank outlets, there is ample scope for faster mobilization of deposits. The data presented is enriched by a comparative analysis of the growth of bank deposits in ten economically developed states, Andhra Pradesh, Gujarat, Haryana, Karnataka, Kerala, Maharashtra, Punjab, Tamil Nadu, West Bengal and Delhi, and ten developing areas, Assam, Bihar, Himachal Pradesh, Jammu and Kashmir, Madhya Pradesh, Manipur, Meghalaya, Orissa, Rajasthan and Uttar Pradesh between the years 1973 and 1999.