SMART JOURNAL OF BUSINESS MANAGEMENT STUDIES VOL. 7 NO. 1 PAPER 6
 
IMPLICATIONS OF FINANCIAL SECTOR REFORMS FOR FDI IN INDIA
 
Aslam Chinarong* and B. Yamuna Krishna**
*    Research Scholar, Sathyabama University, Chennai, Tamil Nadu, India
**   Professor and Head, Sri Ramachandra University, Porur, Chennai, India
 
The financial sector reforms and globalization of Indian economy in 1991 invited many Foreign Institutional Investors to India. This induced the rapid increase in Foreign Direct Investments (FDI) in India and mutual economic developments of foreign countries and India. The main aim of this research article is to explore the factors influencing Foreign Institutional Investors (FII) to invest in various portfolios in Indian Capital Market. In particular, the total investment, total assets and total sales in Indian Capital Market are analyzed systematically. The study is based on Secondary Data. Trend Analysis, and Numerical Cluster Approaches were systematically employed to analyze the flow of FDIs in the span of 10 years since1998
 
KEYWORDS: Liberalization and Globalization, Foreign Investors, Capital Markets JEL CLASSIFICATIONS: G28, O24, P45 FULL TEXT