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The Evolution of Financial Markets in India: A Historical Perspective

Book Title: Emerging Trends in Commerce and Management

Editor:  Dr. Nilesh Anute

ISBN:  978-81-979197-7-0

Chapter: 11

DOI: https://doi.org/10.59646/emc11/255

Authors: 

Dr. Devyani Ingale,  Associate Professor, RMDSSOMS, Pune, Maharashtra, India.
Dr. Reena (Mahapatra) Lenka,  Assistant Professor, Symbiosis Institute of Management Studies, Symbiosis International (Deemed) University, Pune, Maharashtra, India.

Learning Objectives

This chapter aims to provide a comprehensive understanding of the historical development of financial markets in India, tracing the evolution from traditional practices to modern financial systems. It will delve into the significant financial reforms that have shaped the Indian economy, analyzing their impacts on economic growth and stability. Additionally, the chapter will evaluate the transformative role of technology in revolutionizing financial markets, highlighting advancements such as digital payments, blockchain, and fintech innovations. Readers will also explore contemporary challenges and opportunities facing India’s financial sector, including regulatory changes, market volatility, and globalization pressures. The chapter will discuss the critical importance of financial inclusion and sustainable finance, emphasizing strategies to ensure equitable access to financial services and the promotion of environmentally and socially responsible investments.  

References

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