globalisation the role of institution building in financial sector an indian case study reserve bank india august 2003 1 contents abstract 2 institutional process early days post independence up to 1968 _____________________ nationalisation and after 1969 1990 pre reform years ___________________ 5 external problems 1990s initiation macroeconomic stance _______________________________________________________ 8 1991 _____________________________________________ 10 impact 18 performance __________________________________________________ scheduled commercial banks _________________________________________________ 19 cooperative banks__________________________________________________________ 22 development institutions 23 non banking finance companies ______________________________________________ insurance 24 capital markets ____________________________________________________________ 25 debt market _______________________________________________________________ 26 a future perspective for system 27 lessons from experience 31 conclusion 36 select bibliography _________________________________________________________ 37 chronology on developments ____________________ 39 this traces evolution has had long tradition at inherited fairly diversified set both respect
