Question

aorite a short note on financial
Sector reformes in caai?​

Answer 1

Answer:

The financial sector reforms refer to steps taken to reform the banking system, capital market, government debt market, foreign exchange market etc. An efficient financial sector is necessary for the mobilization of households savings and to ensure their proper utilisation in productive sectors.

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Answer 2

Explanation:

To remove the deficiencies of the banking sectors in India, financial reforms were introduced in the bank. The banks in India lack autonomy. This is reflected through the fact that the wage across all the bank employees is the same irrespective of the health of the bank is concerned. That is why financial and banking reforms are brought upon in the banks of India. Before moving on to the functions, we will give you an introduction to financial reforms.