New Century Press
|Number of Pages
Prior to economic reforms initiated in 1991, India's financial system was characterised by barriers to antry, control over pricing of financial assets, high transaction costs and restrictions on movement of funds from one market segment to another. The mutual fund industry suffered from lack of competitiotn and was dominated for long by one institution, namely the Unit Trust of India. It was in this backdrop that wide ranging financial sector reforms were introduced as an integral part of the economic reforms programme started in eary 1990s.
About Author :
Niti Bhasin did her B.Ccom from Indraprastha College for Women, University of Delhi. She secured the first position among the successful candidates in the M.com.examination held by the University of Delhi in 2000.
Part I: Introduction
Part II: Financial Intermediaries
Part III: Financial Marekts
Part IV: Assessment and Future of Financial Reforms