Economy, asked by shrishtikatar2285, 11 months ago

Why did RBI have to change its role from controller to facilitator of financial sector in India?

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Answered by Anonymous

stock exchanges and foreign exchange market. RBI controls and regulates allthe banks and other financialinstitutions in India. ... One of themajor aims of financial sector reformsis to transform the role of RBI from regulator to facilitator of financial sector.

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