Financial Sector Reforms in India: A Review
- Author Mrs. Navachethana
- Co-Author Shripathi Kalluraya
- DOI https://ww
- Country : India
- Subject : Social Sciences and Humanities
Keywords : Financial sector reforms; Banking sector: Institutional reforms.
Abstract
Financial sector in the Indian economy in the last 65 years has undergone many stages of reforms to reach the present status. Reviewing those evolutionary stages of Indian financial sector would help us to understand the major hurdles we faced and to take care of such barriers in future. Keeping this in mind, an attempt is made in this paper to critically review the financial sector reform in India. The main aim of this paper is to make a time series analysis of the financial sector reform in India during its Five-Year Plans. The paper provides critical discussions on the financial sector reforms in India experienced in every Five-Year Plans and more details of the reforms after the New Economic Policy in 1991. Institutional, operational aspects and specialisations achieved in the financial sectors are analysed. Conclusion is Indian financial sector reforms from the beginning followed inclusive approach though the term has become popular in the recent days.]
Comments
No have any comment !