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Indian Financial Sector - Prof. Rakesh Mohan



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This video is based on the IMF WP by Prof. Rakesh Mohan on the issue of the Indian Financial Sector -structure, trends & turns,

The article covers the trends & development in the sector by dividing it into 3 phases-
a. 1950s & 60s
b. 1970s-80s
c. 1990s onwards

In terms of its depth, the article covers the developments in the banking sector, money market, debt market, equity market, mutual funds, NBFCs, insurance & pension funds.

This article, although quite lengthy, is perhaps one of the best papers to study the financial sector holistically. And this is what it makes quite relevant for UPSC IAS Economics optional students as well as RBI Grade B & IES aspirants.

The conclusion part along with NBFCs to be covered in the following video.

Best,
Siddharth
Category
Management
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