“…after the second half of 2000s). Most of the relative literature includes the period of 1990s and early 2000s (Bhattacharyya & Pal, 2013;Bhaumik & Dimova, 2004;Casu, Ferrari, & Zhao, 2013;Das & Ghosh, 2006;Das, Nag, & Ray, 2005;Kumbhakar & Sarkar, 2003;Ray & Das, 2010;Sahoo & Tone, 2009;Sanyal & Shankar, 2011;Shanmugam & Das, 2004;Tabak & Tecles, 2010;Zhao, Casu, & Ferrari, 2010). Eichengreen and Gupta (2013) and Fujii, Managi, and Matousek (2014) focus on the recent developments in the Indian banking sector.…”