Blurb: Contrast Jalan on stock exchanges with RBI on banks. RBI gives pros and cons, and hesitates to reach a conclusion. Jalan report only reaches conclusions

The government of India has officially proclaimed a target of 10 percent GDP growth for India. If this is to be achieved, successful financial intermediation is a critical necessity. Recognizing this, we at Oxus Investments have embarked on major work program related to India’s financial market. The hope is that via intensive research on both our own and international capital markets, one can arrive at a set of guidelines and policies for India to achieve its goal and destiny.