Economic Reforms in India: Structural Changes and Banking Impact – JAIIB Guide
Economic Reforms: India’s Transformation Journey India’s economic reforms have been a continuous process since 1991, fundamentally restructuring the economy and transforming the banking sector. Understanding these reforms is crucial for JAIIB aspirants as they directly impact banking operations, regulations, and business environment. Genesis of Economic Reforms Pre-Reform Challenges (1947-1991) Challenge Impact Economic Indicator License Raj…