Investment Portfolio of Scheduled Commercial Banks in India
Kaur Varinder () and
Kaur Rajinder Additional contact information Kaur Varinder: Department of Economics, Khalsa College for Women, Sidhwan Khurd, Punjab, INDIA
Abstract:
Commercial banks in an economy are supposed to discharge their social obligations in terms of meeting credit needs of sections/sectors of the economy. Also being growth oriented, they have to meet the objective of profitability for which they rely upon various channels of investment. In case of Indian banks, substantial quantitative change has taken place in their investment portfolio over the period of time. Indian banks heavily rely upon central government securities whereas they are reducing their share in public sector undertakings and gradually diverting towards stock market.