explain financial environment of India

Expert Solution

The financial environment of india is being controlled by the independent regulators in their specific sectors. These sectors are insurance, banking etc. The financial environment of India is mainly dominated by the private sector due to the failure of the public sector working. Financial environment of india permits the lending and the borrowing system through the commercial bank.

The financial environment of india has financial institutions, financial markets, capital markets, foreign exchange market, etc. The foreign exchange rate is being decided by the market forces in india that is, demand and supply of the foreign exchange. The security market of india is being regulated by Securities and Exchange Board of India( SEBI). Indian financial system is being regulated by the Reserve bank of India ( RBI). It is the central bank of India. Indian financial sector has permitted FDI and FII in india. In the pasts few years, the Financial sector of india has grew tremendously. There is significant increase in domestic saving rate.

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keosha answered 6 months ago

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