ISO 9001:2015

IMPACT OF GLOBALISATION ON BANKING AND FINANCE: AN OVERVIEW

Sonali Raj

Globalisation has significantly transformed the banking and financial sectors by integrating economies, increasing capital flow, and enhancing financial intermediation. This paper examines the impact of globalisation on banking and finance, considering both opportunities and challenges. It explores financial liberalisation, technological advancements, regulatory frameworks, and risk management strategies that have emerged due to global integration. Furthermore, it analyses how globalisation has influenced financial stability, cross-border banking, and financial crises. The paper also includes graphical representations and tables to provide empirical evidence on the evolving trends in global finance.


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