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Excerpt from Present-Day Banking in India The Banking Crisis of 1913-15 swept away many of the "mushroom" banks and weakened our banking system to a great extent. Close upon its heels came the War, but it proved a blessing in disguise and the Indian Banking system was improved, reorganised and strengthened to a great extent. But much remains to be done to perfect our Banking system. With the exception of the leaders of the Co-operation movement our Indian publicists and Commercial leaders are not evincing much zeal in the matter. This little book describes the existing banking system and offers certain suggestions to bring about the much needed improvement in our credit situation. But a soundly organised banking system cannot be established as long as our monetary system is liable to frequent and sudden changes in the value of the different forms of money of which it is composed. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.