And we will do so while increasing our integration with the world. India is now closely integrated with the rest of the world both by way of financial integration and trade integration. It is the intent and objective of the Government of India to attract and promote foreign direct investment in order to supplement domestic capital, technology and skills, for accelerated economic growth.
While India can look at an 8% growth based on domestic opportunities, for a 9–10% growth to occur the external environment has also to be hospitable B. Banking structure in India  10. The existing banking structure in India has evolved over several decades. It is elaborate and has been serving the credit and banking services needs of the economy.