India is one of the world’s fastest-growing economies, and its role in the global financial system has been evolving over the past few decades. As the country’s economy continues to grow, its financial influence is expanding on the world stage. India’s involvement in the global financial system is important not just for its own growth, but for the entire global economy. This article will explore how India’s role in the global financial system is changing, the factors driving these changes, and the opportunities and challenges India faces as it strengthens its financial position globally.
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