Indian Financial Sector

Indian Financial Sector is steadily viewing an upward boom. The financial sector is gradually bringing in the profits. The banking system in India has undergone significant changes during last 15 years. Financial sector reforms were carried out in two phases. The first phase of reforms was aimed at creating productive and profitable financial institutions operating within the environment of operational flexibility and functional autonomy. The focus of the second phase of financial sector reforms starting from the second-half of 1990s has been on strengthening of the financial system consistent with the movement towards global integration of financial services.

Basically, the financial sector is in a process of rapid transformation.

» Bombay Stock Exchange in India

Bombay Stock Exchange (BSE) in India is the oldest stock exchange in Asia. It is also the biggest stock exchange in the world in terms of listed companies.more...

» National Stock Exchange in India

The National Stock Exchange of India (NSE) is one of the most important and most advanced stock markets in India and in terms of transactions it is the third...more...

» Mutual Funds in India

Mutual funds are money-managing institutions set up to professionally invest the money pooled in from the public. These schemes are managed by Asset Management...more...

» Insurance in India

Insurance is system by which the losses suffered by a few are incurred by many, exposed to similar risks. Insurance is a protection against financial loss arising...more...

» Loans in India

In India, more and more people are availing loans these days. Loans are available for almost all purposes like loans for education, marriage, home...more...

» Finance and Investments

The financial sector of India is the result of working together of a number of institutions, markets and financial instruments. The financial system is all about money...more...

» Business in India

India's business environment has transformed at a faster pace in the recent past. In 1990s the country witnessed the emergence of a new India. The Indian markets...more...

» Service Tax in India

Service tax is a tax levied on service providers in India. Service Tax is a form of indirect tax imposed on specified services called "taxable services".more...

» Value Added Tax in India

Value Added Tax (VAT) is a sales tax levied on the sale of goods and services. VAT is an indirect tax, in that the tax is collected from someone other than...more...