Anatomy of Indian banking

Book review of Hits and Misses - The Indian Banking Story

Did you know that the average salary of a public sector bank (PSB) employee is almost 50 per cent more than that of a private sector bank employee? CARE chief economist, Madan Sabnavis’ Hits and Misses has many such revealing numbers that give the reader an interesting insight into the banking sector. Two things stand out in this book — one, the painstaking detailing of every crucial development over the past 25 years. Two, the Reserve Bank of India (RBI) has a gold mine in terms of data.

Divided into two parts — Trend and Controversies — the book opens with