Scribd Logo
Upload

Welcome to Scribd!

  • Eco PPT Final Read Only Wali

    Uploaded by

    Arashdeep Singh
    26 views1 page
    Major reforms have been implemented in India's banking sector since 1991 including allowing up to 74% foreign investment in private banks, listing public sector banks on stock exchanges, and gradually liberalizing branch licensing requirements. Functional autonomy was given to public sector banks and information technology, know your customer compliance, anti-money laundering norms, monetary policy transmission, and risk management culture were all strengthened.

    Original Description:

    eco ppt

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Major reforms have been implemented in India's banking sector since 1991 including allowing up to 74% foreign investment in private banks, listing public sector banks on stock exchanges, and gradually liberalizing branch licensing requirements. Functional autonomy was given to public sector banks and information technology, know your customer compliance, anti-money laundering norms, monetary policy transmission, and risk management culture were all strengthened.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    26 views1 page

    Eco PPT Final Read Only Wali

    Uploaded by

    Arashdeep Singh
    Major reforms have been implemented in India's banking sector since 1991 including allowing up to 74% foreign investment in private banks, listing public sector banks on stock exchanges, and gradually liberalizing branch licensing requirements. Functional autonomy was given to public sector banks and information technology, know your customer compliance, anti-money laundering norms, monetary policy transmission, and risk management culture were all strengthened.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 1

    REFORMS

    Major Banking Sector Reforms since 1991


    FDI+FII up to 74% allowed in private sector
    Listing of PSBs on stock exchanges
    Phased liberalisation of branch licensing.

    Functional autonomy to PSBs.


    Use of information technology
    Strengthening of Know Your Customer (KYC) and Anti-money Laundering (AML) norms
    Allocative efficiency and strengthen the transmission of monetary policy.
    Improvements in the risk management culture of banks.

    You might also like