英语论文网

of instruments catering to various needs of economic agents. Financial markets are differentiated in terms of risk profile of instruments such as government bonds, which do not involve default and credit risks, and corporate bonds, which are comparatively more risky in nature. Integration of market segments thus reflects an investor's attitude towards risk and the trade-off between risk and return on assets. Market participants in different financial markets could be different such as banks, non-banking financial institutions, including mutual funds, insurance companies, mortgage institutions and specialised long-term financial institutions. Global integration refers to the opening up of domestic markets and institutions to the borderless flow of capital and financial services by removing barriers such as capital controls and withholding taxes. As the financial sector moves towards greater integration with international financial markets, interim solutions have to be found to enhance efficiency e.g. easing of barriers to entry for domestically owned new private banks, insurance and pension companies.

5.3 Increasing Regulatory Supervision

Reserve Bank of India (RBI) and Securities Exchange Board of India (SEBI) are the apex authorities in financial regulation. They also take care of the economic growth of the country in sync with financial regulation. These apex authorities make sure that their regulatory measures will ensure the fair practice in the financial institutions and financial transactions which takes place across the border as well as within the country. Their objective is to make the Indian banking sector more competent, efficient, sound and dynamic. The focus of the Reserve Bank's policy initiatives is on strengthening corporate governance practices in banks and improving customer service. The Financial Regulatory Services Division provides technical expertise in areas of financial regulation, solvency regulation, financial reporting, statutory accounting, capital adequacy (risk-based capital), accounting, examinations, reinsurance, investments and international insurance issues to regulators. Due to the rapid change in the financial sector, the regulatory authorities across the countries have been discussing how to deal with the ongoing financial crisis. During the last decade, there has been a broadening and deepening of financial markets. Several new instruments and products have been introduced. Existing sectors have been opened to new private players. Over the past few years, the sector has also witnessed substantial progress in regulation and supervision. Financial intermediaries have gradually moved to internationally acceptable norms for income recognition, asset classification, and provisioning and capital adequacy.

6.4 Changing Investor Needs

Customers' needs are changing really fast today. Service providers in cut-throat market need to clearly differentiate themselves by evidencing to their customers what value they can create. The service providers need to show how they leave their customers better equipped with personalised financial products and services. Changes in the financial services has bro本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。