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A Study on the Performance of Lead Bank Scheme

Author

Listed:
  • M. J. Senthil Kumar

    (Associate Professor Department of Commerce (UG) Sri Kaliswari College, Sivakasi, India)

  • K. Sadeesh Kumar

    (Associate Professor Department of Commerce (PG) Sri Kaliswari College, Sivakasi, India)

Abstract

India’s economy is an agrarian, planned mixed and developing in character. The banking sector has a crucial role to play in all economic and commercial pursuits. It serves as the engine of growth and development. A number of novel and innovative schemes and programmes have been designated and implemented. Among them, Lead bank scheme of 1969 plays a strategic role in the Indian economy. This study pointed out the role of Lead Bank Scheme (LBS) is useful for the development of the economy especially in the backward area. The function of the lead banks is to co- ordinate the efforts of all other banks, financial institutions and other development agencies for bringing about the overall development of the districts especially in the backward area.

Suggested Citation

  • M. J. Senthil Kumar & K. Sadeesh Kumar, 2012. "A Study on the Performance of Lead Bank Scheme," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 3(3), pages 80-84, September.
  • Handle: RePEc:aii:ijcmss:v:3:y:2012:i:3:p:80-84
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    References listed on IDEAS

    as
    1. Do, Viet & Vu, Tram, 2010. "The effects of reputation and relationships on lead banks' certification roles," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 20(5), pages 475-489, December.
    2. Ivashina, Victoria, 2009. "Asymmetric information effects on loan spreads," Journal of Financial Economics, Elsevier, vol. 92(2), pages 300-319, May.
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