CUET Preparation Today
Who regulates the financial sector in India? |
State Bank of India Security Exchange Board of India Federation of Mutual Funds Reserve Bank of India |
Reserve Bank of India |
Financial sector includes financial institutions, such as commercial banks, investment banks, stock exchange operations and foreign exchange market. The financial sector in India is regulated by the Reserve Bank of India (RBI). The RBI decides the amount of money that the banks can keep with themselves, fixes interest rates, nature of lending to various sectors, etc. |
