1. Stock market reforms in India
The government seriously deliberated about these reforms in order to facilitate participation by foreign institutions and corporates. ... The major measures recommended by the Narasimhan committee and the Pherwani committee set up to study the implementation of possible measures to strengthen the Indian financial sector, were: 1] Empowerment of the SEBI, 2] Access of foreign institutional investors (FIIs) and non-resident Indians to Indian capital and stock markets. 3] Setting up of a National Stock Market System (NSMS), 4] Uniform settlement across exchanges, 5] Shortening of the settle...
- Word Count: 906
- Approx Pages: 4
- Grade Level: Undergraduate