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What is Impact of Indian Financial Reforms on Firms about?

The reform and development of the Indian financial system have shifted from directed credit to a more competitive and risk-based banking environment, impacting state-owned firms by forcing them to improve efficiency and restructure unviable units. Family-controlled firms have benefited from clearer borrowing criteria, enabling them to scale up and access international capital while requiring better governance and professional management. Overall, the reforms have led to greater financial deepening and growt

Author

ngovihai03

Language

EN