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Summary of the Book
Glimpses of Changing Banking Scenario is not only an account of the life of a successful banker but also a record of the momentous changes in banking policies, practices and developments witnessed by the author during his career spanning over four decades. P. N. Joshi began his career in banking in the Reserve Bank of India. He then moved to Bank of India, where he rose to the post of General Manager. Later, he joined the United Western Bank (now amalgamated with IDBI Bank) as the Chairman and Chief Executive Officer, and transformed the bank from a tradition-ridden, conservative institution into a techno savvy, modern bank. The book covers inter alia, nuances of the historic bank nationalization case in the Supreme Court, shift from 'class banking to mass banking', political interventions, the inevitable excesses, financial sector reforms and a plea for National Banking Policy.
