As a part of the larger economic reforms launched in India from 1991 and continuing today, the banks in the public sector (PSBs) have been subjected to continuous reforms spread over 25 years. The present book studies the whole gamut of reforms in relation to the PSBs. It documents the circumstances that triggered the reforms in 1991, the kind and the range of reforms introduced at different intervals till March 2017. The book critically examines the impact of the reforms with relevant data and authoritative references from both official and non-governmental sources. Have the reforms helped PSBs to become healthier? What are the lessons learnt or not learnt? What are the challenges in the days to come and what needs to be done? These are the issues the book attempts to address. It is a very useful reference book for academicians, practitioners and policy-makers connected with the financial sector.