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Reserve Bank of India (RBI) is a regulating authority for commercial banks. It takes care that consumer interest is not ignored in the greed of making profits by commercial banks. Hence, from time-to-time, it issues guidelines in the form of master circulars to commercial banks on various...
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Developed financial system is one of the important determinants of Foreign Direct Investment (FDI). The article analyzes the impact of financial system development on FDI with respect to BRIC countries for the period 1991 to 2010. Using the panel data analyses, fixed and random effect, our...
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