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This book serves as a ready reference for the researchers in the area of financial reforms. It covers financial reforms and impact of reform measures in almost all the areas including banking sector, non banking finance companies, financial intermediaries, primary and secondary capital markets, foreign exchange market and finally activities and impact of FDI and FPI in India.
The book is likely to be most useful for fresh researchers who would like a basic introduction to the state of the financial sector in India. It would also introduce them to the basic publications of the RBI and SEBI.
[The book] examines the reforms in all key segments of the financial system during the last two decades...the period of reforms covered in the book can be said to be the most important and rather an exciting phase of the Indian economy...the analysis and details given in the book can be of good reference material for all those policy makers and academics who are working in the field of monetary economics and/or financial sectors.
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