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In Nagaland, the function of Scheduled Commercial Banks has been started with SBI in 1962, a year before Nagaland was granted the status of a full fledged state of Indian Union. The paper deals with review and examining the growth and development of SCB in Nagaland. The paper examines the composition and growth trend in the deposits as well as credits of SCB in Nagaland. The paper also evaluate the performance of Scheduled Commercial Banks in terms of various parameters. The paper tries to find out the defects and suggest remedial measures for improving the performance of Scheduled Commercial Banks vis-à-vis socio-economic development of Nagaland. The period cover under this study is from 1992 to 2005 of Scheduled Commercial Banks in Nagaland. The study revealed that there is a need of organizational and managerial effectiveness as well as adequate knowledge of banking to contribute towards the socio economic development of Nagaland. [ABSTRACT FROM AUTHOR]

Indian economy witnessed a major structural break with economic liberalization in the nineties. The viscous circle of low economic growth and development was broken by phasing the process of removal of controls in the economy. The existing literature reveals the fact of phenomenal rise in income growth as well as rising divergences across states and regions on several grounds. The present study tries to explore that the divergences in allocation of commercial bank credit over time may result into the growing disparities in growth of incomes in the states of India. The study observes diverging tendencies in per-capita credit and aggregate credit in the post reform period among the states. The study further reveals that's agriculture and industry converge (pre reform) and industry and services diverge (post reform). [ABSTRACT FROM AUTHOR]