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EXCEL International Journal of Multidisciplinary Management Studies
Year : 2012, Volume : 2, Issue : 5
First page : ( 51) Last page : ( 63)
Print ISSN : 0000-0000. Online ISSN : 2249-8834.

Capitalism v. NEO capitalism a comparison of policies of world bank and RBI

Dr. Udapudi Shobhalata V.*, Ghosh Barnik**

*Associate Professor, Gujarat National Law University, Gandhinagar

**Student, Gujarat National Law University, Gandhinagar

Abstract

India is a mammoth of a democracy. In the recent times, it has taken a place in the global market scenario. It has virtually become impossible to ignore India. The Apex Bank of the country is the Reserve Bank of India.

Over the years, the World Bank has tried to influence India by the superior monetary advantage it may gain. The policies of both of these banks bring on a demeanor which is essentially shocking in its realms. But both the banks are not what they portray. Behind the glass doors lies the indoor management which is enthralling to the evangelical, secretive to the society, dominant in its doctrines and essentially mystical in its might.

In this paper, the author will bring on a comparison between the two banks in comparing its policies and trying to find an answer to a seeming rhetoric which has mesmerized the money market for over several decades.

This paper is a try to prove the policies of both the banks in a comparison manner, by linking up states which have been effected by the World Bank policies as well as the Reserve Bank as well as trying to answer the question, banking or….??

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