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Financial sector in India has experienced a better environment to grow with the presence of higher competition. The financial system in India is regulated by independent regulators in the field of banking, insurance, mortgage and capital market. Government of India plays a significant role in controlling the financial market in India.
Ministry of Finance, Government of India controls the financial sector in India. Every year the finance ministry presents the annual budget on 28th February.
The Reserve Bank of India is an apex institution in controlling banking system in the country. It's monetary policy acts as a major weapon in India's financial market.
Securities and Exchange Board of India (SEBI) is one of the regulatory authorities for India's capital market.
Here in this section we have covered major financial regulatory bodies in India's financial market.
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