<h1>Economic Survey 2014-15: Banking, Insurance, and Financial Reforms Boost Growth; RBI Cuts Repo Rate to Ease Policy.</h1> The Economic Survey 2014-15 highlights significant reforms in India's banking, insurance, and financial sectors. The Reserve Bank of India managed liquidity and eased monetary policy by reducing the Repo rate. Key banking reforms included allowing banks to raise capital by reducing government stakes and launching the Pradhan Mantri Jan Dhan Yojana for universal banking access. The insurance sector saw growth, with reforms increasing foreign equity caps. Financial sector reforms focused on corporate governance and foreign portfolio investment. Despite challenges like rising non-performing assets, the equity markets performed well, reflecting overall positive economic trends.