Product details

The case study discusses the economic reform process that began in 1991, in response to a fiscal and balance of payments crisis in 1991, India launched a program of economic policy reforms. The main objectives of the financial sector reform process initiated in India have been to remove financial repression that existed earlier, create an efficient, productive and profitable financial sector. Also to provide operational and functional autonomy to the institutions, promote financial stability and preparing the financial system for increasing international competition. The case study gives an opportunity to discuss the various reforms that have taken place in the financial market and the effect of these reforms on the Indian financial markets.