"IMPACT OF FOREIGN BANKS ON INDIAN ECONOMY"

Authors

R. Priya & Dr. M. Jegadeeshwaran (Assistant Professor)
School of Commerce, Bharathiar University, Coimbatore, India.

Abstract

The liberalization has invited many foreign banks and foreign capital into the Indian economy (Massand Ajay B., Gopalakrishna B. V. (2016)). However, the aim set for the liberalization and the entry of foreign banks is yet to be tested. This study discovers the effect of foreign banks on Indian economy. The entire foreign banks and macroeconomic factors were chosen for the study. Data on all foreign banksand macroeconomic factors from 2008-2018 were collected from secondary sources to measure how Advances, Investments, Profitability, Overheads and Non-Performing Assets affects the Indian economy. Factor analysis and regression analysis was made to find the effect of foreign banks on Indian economy.