Synopsis Banking and Financial reforms in India in 1991 have greatly changes the face of Indian Banking. The Indian Banking, after second narsimhan report has moved gradually from a regulated environment to a deregulated market economy. The market developments kindled by liberation and globalisation have resulted in changes in the international role of banks. The pace of transformation has been more significant in recent times with technology acting as catalyst. Under WTO, Indian banking sector has been opened up for global competition. Banks will have to gear up to meet stringent prudential capital adequacy norms under Basel-II and merger & acquisition-process. The timely book contains most significant and burning issues through the various research papers of the learned contributors, related to global banking competition; consolation through merger and acquisition, asset-liability management, risk management, technological application; NPAs, universal banking; challenges with threats from private global banks, restricting and rationalization of Indian banking. The edited volume is a collection of rare and relevant materials, designed in a very systematic, scientific and transparent manner and in a simple and vivid style -keeping in view the interest of students, teachers, researchers, policy-makers, banking personnel, customers economy and all concerned.