The indian financial system: markets, institutions and services pdf

 

 

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In Indian economy Central Bank (RBI in. India) performs the function of cash creation where as financial institutions create credit. The Concept of the Financial System. The process of savings, finance and investment involves financial institutions, markets, instruments and services. It includes different markets/institutions/instruments/ services and mechanisms The Indian financial system comprises of an impressive network of banks, Financial Institutions. 2. Financial Markets. 3. Financial Instruments/ Assets/ Securities. 4. Financial Services. Page 2 term financial system as “a set of complex and closely interconnected financial institutions, markets, instruments, services, practices and transactions.”. from the Government Securities Markets. This market is regulated by the RBI. The banks, financial Institutions, Local Bodies, Public Sector undertakings andIndian Financial system is a complex well integrated set of sub system of financial institutions, market, instruments and services which facilitates the

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