2. INTRODUCTION
• The Indian financial system can broadly
classified into the following groups
– Organized sector
– Unorganized sector
• The organized financial system comprises the :
•Banking system
•Cooperative system
•Development banking system
•Money markets and financial companies and industries
3. INTRODUCTION CONTD……..
• The unorganized financial system
comprises if money lenders, indigenous
bankers, lending pawnbrokers, landlords,
traders etc
• Investment companies , chit fund, etc
• The central bank of government does not
regulate these in a systematic manner
4. HISTORY OF INDUSTRIAL
FINANCIAL IN INDIA
• The journey of Indian banking system can
be segregated into three distinct phases:
they are as mentioned below
– Early phase from 1786 to 1969 of Indian
banks
– Nationalization of Indian banks and up to
1991 prior to Indian banking sector reforms
– New phase of Indian baking system with the
advent of Indian financial and banking sector
reforms after 1991
