Twenty Five Years of Financial Sector Reforms in India: 1991-92 to 2016-17
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Author
Edition
1st. ed.
Publisher
ISBN
9788177084528
Length
402p.
Subjects
A modern economy, characterised by acute specialisation and exchange, is unthinkable without financial intermediaries, financial markets and financial instruments. Developing appropriate financial institutions and financial markets is a pre-requisite for speedy economic growth.
Soon after Independence in 1947, Government of India followed a policy of social control of important financial institutions. The nationalisation of the Reserve Bank of India (RBI) in 1948 ...