The sphere of finance is too dynamic to understand which is an integral part of the whole system of business, commerce, industry, trade, etc. The financial system of a nation has to be studied and understood by all in order to be aware of the present situation. The financial system, although a minute part of total finance, carries a key part that cannot be ignored. By dint of its understanding, readers can know what is about Indian finance and financial reforms. Recently Indian financial system has undergone a radical change to face the challenges of globalisation, to eradicate financial irregularities and scams, etc. Financial system and economic reforms contains innovative ideas, recent changes, modifications and innovations in the nation’s economic and financial reforms.
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