India | Advances in India’s banking reforms
Published on Thursday, February 7, 2013 | Updated on Thursday, June 16, 2016
India | Advances in India’s banking reforms
Summary
In mid-January three long-awaited banking bills were enacted following Parliamentary approval. If implemented successfully, the bills should widen the scope for foreign bank entry in India, and facilitate financial inclusion (Chart 1), capital raising by banks and improvements in regulatory compliance.
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Authors
Sumedh Deorukhkar
BBVA Research - Senior Economist