Improvement in Rural Banking System for Socio-Economic Development

Description

The banking sector plays a crucial role in the economic growth of a nation. The purpose of this book is to examine the long-term association between banks performance and the economic growth of a developing economy: India the results indicate that the bank related variables are co-integrated with economic growth. The book indicates a significant relationship between margins and return on assets with economic growth. Economic growth actually leads to economic development, for which capital required is provided through the financial services industry. The relationship between a country's financial sector and the overall performance of a country's economy has been evaluated in various studies. Moreover, economies with a highly established financial system develop their economy at high rate.