The two committees headed by former RBI governor M. Narasimham produced seminal reports, in 1991 and 1998, which provided a road map for a complete overhaul of the Indian financial system.

Indian finance, and thus India itself, is becoming more credible. In 2010 state-run banks, then the largest component of the financial system, were rotten and threatened to drag down the rest.

Since, the Indian financial system is dominated by banks in general and scheduled commercial banks in particular, this paper analyses the impact of structure of Indian banks, (market-based ...

Components of Indian Financial System The financial system enables lenders and borrowers to exchange funds. India has a financial system that is controlled by independent regulators in the sectors ...

More significantly, the rise in dual-income families driven by growing female workforce participation is reshaping how households earn, spend and plan for the future. According to the Economic Survey ...

The Indian banking system has evolved significantly over the past few decades, playing a crucial role in the country's economic growth and contributing to global financial stability.

Next Generation Financial Reforms for India Eswar S. Prasad and Raghuram G. Rajan A new report advocates a shake-up in India's financial system to underpin growth ...