Financial Sector Assessment Program

The Financial Sector Assessment Program (FSAP), established in 1999, is a comprehensive and in-depth analysis of a country’s financial sector. It is a joint program of the International Monetary Fund and the World Bank

It is a key instrument of the Fund’s surveillance and provides input to the Article IV consultation. India’s FSAP was initially completed by IMF/World Bank in 2000-2001 but it was not made public, as it was part of the Pilot FSAP assessment of 12 countries.