Publication Type
Magazine Article
Version
Publisher’s Version
Publication Date
11-2016
Abstract
Indian banks are currently experiencing poor performance when it comes to debt risk. Burdened with high non-performing loans (NPL), they are putting at risk the funds of investors as well as India’s industrial and economic growth. In addition, the loan management process itself is riddled with inefficiencies. To overcome them, we propose to use blockchain technology.
Keywords
India, bank, economic growth, technology
Discipline
Asian Studies | Finance | Growth and Development
Publication
Asian Management Insights (Singapore Management University)
Volume
3
Issue
2
First Page
46
Last Page
53
ISSN
2315-4284
Publisher
Singapore Management University, Centre for Management Practice
City or Country
Singapore
Embargo Period
2-2-2017
Citation
DHAR, Suparna and BOSE, Indranil.
Smarter banking: Blockchain technology in the Indian banking system. (2016). Asian Management Insights (Singapore Management University). 3, (2), 46-53.
Available at: https://ink.library.smu.edu.sg/ami/3
Copyright Owner and License
Singapore Management University
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://cmp.smu.edu.sg/ami/article/20161208/smarter-banking