Transcription of Financial Institutions - Reserve Bank of India
{{id}} {{{paragraph}}}
Example: tourism industry
Financial Institutions - Reserve Bank of India
Financial InstitutionsChapter role of Financial Institutions has beenunder discussion in recent years. Althoughsetting up of the development financeinstitutions (DFIs) was an important feature inthe overall development of the Financial system;with the emergence of the capital market as animportant source of finance in the late 1980sand early 1990s, and the renewed role of banksin term-financing, DFIs have been increasinglyexposed to greater competition. Liberalisation ofthe Financial sector, with its associated processesof decontrol, deregulation and globalisation, hasled to increased competition for financialintermediaries across different segments. Thecompetitive pressures have come into thebusiness domain of FIs on account of the entryof new players. Moreover, with the initiation offinancial sector reforms in the early 1990s,access of FIs to assured sources of long-duration/concessional funds from theGovernment, particularly SLR bonds that weresubscribed to by banks and insurancecompanies, has been gradually phased out.
GIC & subsidiaries (1972) Refinance Institutions NABARD (1982), NHB (1980) SFCs (18) SIDCs (28) ECGC (1957) DICGC (1962) All-India Financial Institutions Bank has been harmonising its various policy measures for banks and FIs in such a manner that FIs, on becoming banks, are in a position to fully integrate themselves into the banking system.
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: