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Analogy of Scheduled Banks in India, Pakistan and Bangladesh
Subject area: Management and Commerce · Area of research: Law
DOI: https://doi.org/10.64388/IREV9I11-1718364
Abstract
This research paper is about the comparative study of scheduled banks of India, Pakistan, and Bangladesh. This will include legal structure, regulatory structure, function, and economic importance of scheduled banks. Scheduled banks play an important role in the banking industry because they help in maintaining financial stability, creating credit, promoting economic growth, and implementing monetary policy in their respective countries. In this context, the paper discusses how regulatory authorities like the Reserve Bank of India, the State Bank of Pakistan, and Bangladesh Bank regulate scheduled banks. In this context, the paper compares the banking systems of the three countries with respect to banking license, capital adequacy requirements, banking reform, and financial inclusion. Besides, the paper explains the evolution of the scheduled banking system after independence, along with the effect of globalisation and digital banking on the financial sector. In addition to this, the paper identifies various challenges faced by scheduled banks, such as the NPA problem, cybersecurity, rural banking, and regulatory inefficiency. The research paper adopts the approach of comparative and doctrinal research to assess the effectiveness of scheduled banks in fostering economic growth and ensuring financial stability in South Asia. Conclusions drawn from the research include recommendations for policies that should be adopted to ensure effective governance and transparency in the banking sector in South Asia.
Keywords
Scheduled Banks, Banking Regulation, Comparative Banking System, Financial Stability, Central Banking, Reserve Bank of India, State Bank of Pakistan, Bangladesh Bank, Financial Inclusion, Banking Reforms, South Asian Economy.
References
[1] Ali Ataullah, Tony Cockerill & Hang Le, “Financial Liberalisation and Bank Efficiency: A Comparative Analysis of India and Pakistan,” Applied Economics.
[2] Shabbar Jaffry, Yaseen Ghulam, Sean Pascoe & Joe Cox, “Regulatory Changes and Productivity of the Banking Sector in the Indian Sub-continent,” Journal of Asian Economics.
[3] Aamir Shahzad, Tahir Mahmood & Mehwish Shahzad, “A Comparative Study of Banking Sectors of Pakistan and India: An Application of Data Envelopment Analysis.”
[4] Muhammad Waqas et al., “Determinants of Non-performing Loans: A Comparative Study of Pakistan, India and Bangladesh,” International Journal of Finance and Banking Studies.
[5] Md. Ariful Islam, Luthful Karim & Md. Rayhan Islam, “A Comparative Study of Prudential Regulation on Loan Classification and Provisioning of the Southeast Asian Countries.”
[6] Banking Regulation Act, 1949 (India)
[7] Reserve Bank of India Act, 1934
[8] State Bank of Pakistan Act, 1956
[9] Banking Companies Ordinance, 1962 (Pakistan)
[10] Bank Company Act, 1991 (Bangladesh)
[11] M. L. Tannan, Tannan’s Banking Law and Practice in India, LexisNexis, New Delhi.
[12] R. K. Gupta & Jayanta Gupta, Banking Law and Practice, Modern Law Publications.
[13] Vasant Desai, Indian Banking: Nature and Problems, Himalaya Publishing House.
[14] S. N. Maheshwari & S. K. Maheshwari, Banking Law and Practice, Kalyani Publishers.
[15] Reserve Bank of India, Report on Trend and Progress of Banking in India.
[16] State Bank of Pakistan, Financial Stability Review.
[17] Bangladesh Bank, Annual Report.
[18] rbi.org.in
[19] sbp.org.pk
[20] bb.org.bd
[21] worldbank.org
[22] scholar.google.com
How to cite this paper
@article{1718364,
author = {Kanishtha Tomar, Aditi Mishra},
title = {Analogy of Scheduled Banks in India, Pakistan and Bangladesh},
journal = {Iconic Research And Engineering Journals},
year = {2026},
volume = {9},
number = {11},
pages = {4388-4393},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1718364.pdf},
abstract = {This research paper is about the comparative study of scheduled banks of India, Pakistan, and Bangladesh. This will include legal structure, regulatory structure, function, and economic importance of scheduled banks. Scheduled banks play an important role in the banking industry because they help in maintaining financial stability, creating credit, promoting economic growth, and implementing monetary policy in their respective countries. In this context, the paper discusses how regulatory authorities like the Reserve Bank of India, the State Bank of Pakistan, and Bangladesh Bank regulate scheduled banks. In this context, the paper compares the banking systems of the three countries with respect to banking license, capital adequacy requirements, banking reform, and financial inclusion. Besides, the paper explains the evolution of the scheduled banking system after independence, along with the effect of globalisation and digital banking on the financial sector. In addition to this, the paper identifies various challenges faced by scheduled banks, such as the NPA problem, cybersecurity, rural banking, and regulatory inefficiency. The research paper adopts the approach of comparative and doctrinal research to assess the effectiveness of scheduled banks in fostering economic growth and ensuring financial stability in South Asia. Conclusions drawn from the research include recommendations for policies that should be adopted to ensure effective governance and transparency in the banking sector in South Asia.},
keywords = {Scheduled Banks, Banking Regulation, Comparative Banking System, Financial Stability, Central Banking, Reserve Bank of India, State Bank of Pakistan, Bangladesh Bank, Financial Inclusion, Banking Reforms, South Asian Economy.},
month = {May},
doi = {https://doi.org/10.64388/IREV9I11-1718364}
}