• Mayuri Dutta

The Capital market plays a very important role in promoting economic growth through the mobilization of long-term savings and savings get invested in the economy for productive purpose. Due to the swiftness of economic reforms followed in India, the role of capital market has grown during last decade or so. The significant transformation of the capital market in India is clearly evident from the changes that have occurred in the stock market. The developments have facilated greater choice for investors, who have become more discerning and demanding. The capital market reforms were initiated in 1991, as part of the structural reforms comprising industrial deregulation, privatization, globalization, and financial reforms through liberalization of domestic economic and foreign exchange policies. In the present study an attempt has been made to highlight the various reforms in capital market in India since 1991. It also shows the impact of capital market reforms in Indian economy.

Capital market, Reforms, Regulatory, Exchange etc.

"CAPITAL MARKET REFORMS IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.203-207, June 2019, Available :http://www.jetir.org/papers/JETIR1908831.pdf

"CAPITAL MARKET REFORMS IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp203-207, June 2019, Available at : http://www.jetir.org/papers/JETIR1908831.pdf