ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Regulation of India's Financial Sector

Regulation of India's Financial Sector

This paper assesses the role of the state in regulating the financial sector in India. It attempts to find the rationale for the role of state in a regulatory system, develops a framework for a regulatory mechanism and reviews state policy as well as the existing regulatory structure in India. An assessment based on standard parameters indicates that all regulatory agencies have the state's presence. Also, an assessment made on the basis of international codes and standards shows a high degree of compliance of supervisory standards in the banking segment. In obtaining and maintaining these standards the state has played a significant role through legislative, consultative and supportive measures.

Dear reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top