Summary |
Financial Sector reforms which started in 1991 have enhanced the scope for India’s access to International Capital Markets and flows of international savings, thus clearing the path for integrating the Indian markets with global capital markets. Globalization, has resulted in, increased integration of money and capital markets, thus providing expanded opportunities for investors and corporations globally and enhance their returns on investment. All this has increased, competition and efficiency of the markets reducing cost of operations and encouraging better resources allocation.
The Book covers a whole gamut of areas of the Indian financial system, emerging developments in the financial and other markets, including the innovations taking place in the institutions and instruments to meet the emerging market needs.
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