Finance Minister Pranab Mukherjee has expressed confidence that key financial sector reforms would be approved this year.

In an interview to Reuters in Washington, Mr Mukherjee said that India's reforms are a continuing process which is following its natural path through different instances of government.

He expressed hope that three important legislations – the pension funds and regulation amendment act, the insurance amendment act and the banking amendment act – will be passed either in the current session of parliament or in the next session of parliament.