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@article{194378,
        author = {Dr SREEGEETHA T and NISHWAN K},
        title = {INFLUENCE OF FOREIGN DIRECT INVESTMENT IN THE FINANCIAL SERVICES SECTOR ON ECONOMIC INDICATORS OF INDIA},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {12},
        number = {10},
        pages = {4020-4023},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=194378},
        abstract = {Foreign Direct Investment (FDI) plays an important role in the economic development of emerging economies like India. The financial services sector, which includes banking, insurance, capital markets, and non-banking financial companies, contributes significantly to economic growth by mobilizing savings and facilitating investments. The present study examines the relationship between FDI inflows and selected economic indicators in India. The study is based on secondary data collected from Reserve Bank of India reports and government publications for the period 2016–17 to 2024–25. Ratio analysis and correlation analysis are used to examine the relationship between FDI and economic indicators such as economic growth, employment growth, and financial sector GDP growth. The results indicate that the relationship between FDI and these indicators is relatively weak in the short term, though FDI contributes to the long-term development of the financial services sector.},
        keywords = {Foreign Direct Investment, Financial Services Sector, Economic Growth, Employment, Ratio Analysis, Correlation Analysis.},
        month = {March},
        }