Economics · Banking and Financial Reforms
What significant institutional development emerged from the banking sector reforms after 1991 to regulate and supervise financial stability in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1MSME Credit Rating Bureau
- 2Securities Appellate Tribunal (SAT)
- 3National Bank for Agriculture and Rural Development (NABARD)
- 4Board for Financial Supervision (BFS)✓
Correct answer
Board for Financial Supervision (BFS)
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