ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by A C ShahSubscribe to A C Shah

Finance Companies Problems and Prospects

A C Shah The problems currently confronting the non-banking finance companies, are those essentially arising out of the process of growth and adjustment Whatever steps the authorities decide to take from time to time should aim at promoting greater competition, higher profitability and better standards of service and efficiency. Many of the problems are also such as can be tackled effectively at the industry level through a self regulatory organisation.

OBITUARY-Narottam Shah

OBITUARY Narottam Shah A C Shah IN the sudden and untimely death of Narottam Shah on March 23, the country has lost an able and articulate economist who was passionately de- voted to development and social justice. There was no gulf between practice and percept in his case. He called spade a spade even if it hurt some of his friends or colleagues. He had assiduously cultivated certain .standards of behaviour which would have tested the mettle of a lesser man. I had the privilege of knowing Narottam for over 30 years. We first came together as MA students in the Department of Economics of Bombay University. Even at that stage we knew that he was cut differently. He had a definite purpose in life and an equal determination. His views were remarkably mature for his age. He taught us to look upon our teachers with respect end used to say that each one of them WAS a valuable national asset, His teachers likewise loved him and their relationship was a permanent, evergrowing one.

Source Book, Not Policy Guide

Source Book, Not Policy Guide A C Shah Report of the Banking Commission, Government of India, 1972; pp xvi
THE report of the Banking Commission is a formidable piece of work. It undoubtedly bears the stamp of hard labour spread over nearly three years. In view of its comprehensive coverage of issues, the report will constitute for many years to come the mast important basis for policy formulation affecting the growth and diversification of Indian banking. This underscores the need for an informed public debate on the major recommendations of the Commission.

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