Chapter Three

 

1. The basic nature of banking business is similar in all countries. Only nomenclatures and disclosures may differ.

2. The burden will be a negative figure in most banks. Hence, the burden is measured as a ratio with the denominator as total assets—the lower the absolute difference in the numerator, the more profitable the bank.

3. Excerpt from RBI: Guidelines on Ownership and Governance in Private Sector Banks, dated 28 February 2005.

4. RBI, 2002. Core Principles for Effective Banking Super-vision—An Assessment of the Position in India.

5. Section 17 of the Banking Regulation Act reads as follows: Reserve Fund—(1) Every banking company incorporated in India shall create a reserve fund and [* * *] shall, out of the balance of ...

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