Commercial Banks and Social Control

Key points

• Published in 1968 by the Forum of Free Enterprise in Bombay, the volume is jointly edited by M. L. Tannan, Prof. Gangadhar Gadgil and Prof. (Mrs.) C. K. Dalaya.

• Its title, Commercial Banks and Social Control, signals a focus on state oversight of banking practice rather than outright nationalisation.

• The work is indexed under the themes of banking, nationalisation, economic policy, private enterprise and the public sector, situating it within debates over state versus market control of banking.

• The three named contributors together address the tension between private banking autonomy and the social control implied by the volume’s title.

• As a Forum of Free Enterprise publication, the volume situates the commercial-banking debate within the Forum’s private-enterprise orientation, per its own thematic tagging.