Who Owns the Crisis? Indian Banking from Nationalization to Crony Regime

Posted on 1st April, 2026 (GMT 07:50 hrs) ABSTRACT This article traces the historical transformation of Indian banking from postcolonial state-led social banking to the contemporary regime of what it terms “resolution capitalism,” foregrounding the shifting configurations of power, distribution, and knowledge. Beginning with the pre-1969 era of private concentration and systemic fragility, it examines … Continue reading Who Owns the Crisis? Indian Banking from Nationalization to Crony Regime