EFFECT OF LIBERALISATION OF THE BANKING SECTOR ON INDIAN ECONOMY
Rishabh JainSuchit Mathur
Broschiertes Buch

EFFECT OF LIBERALISATION OF THE BANKING SECTOR ON INDIAN ECONOMY

Thorough analysis of repercussions of liberalisation of banking sector and policy makers' response to burgeoning needs of 1.2bn people in India

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After decades of zealously protecting their banking markets, in the 1990s Indian economy began to eliminate barriers to Foreign Direct Investment in the banking sector. For Indian economic policy decision makers, this opening raised urgent and complex policy questions. The opening of banking sector can bring real benefits but it also can introduce new financial risks and vulnerabilities. The opening of the banking sector has been making headlines in recent years: The issue was hotly debated by the U.S. and Russian negotiators during WTO accession talks in 2006, Indian government has pledged gr...