Indian Financial System

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Indian Financial SystemCMA An Overview of Indian Financial System Financial System of any country consists of financial markets financial intermediation and financial instruments or financial products We discuss the meaning of finance and Indian Financial System and focus on the financial markets financial intermediaries and financial instruments The brief review on various money market instruments 1 1 INDIAN FINANCIAL SYSTEM The economic development of a nation is reflected by the progress of the various economic units broadly classified into corporate sector government and household sector While performing their activities these units will be placed in a surplus deficit balanced budgetary situations There are areas or people with surplus funds and there are those with a deficit A financial system or financial sector functions as an intermediary and facilitates the flow of funds from the areas of surplus to the areas of deficit A Financial System is a composition of various institutions markets regulations and laws practices money manager analysts transactions and claims and liabilities Financial System The word system in the term financial system implies a set of complex and closely connected or interlined institutions agents practices markets transactions claims and liabilities in the economy 2Indian Financial SystemCMA An Overview of Indian Financial System Financial System of any country consists of financial markets financial intermediation and financial instruments or financial products We discuss the meaning of finance and Indian Financial System and focus on the financial markets financial intermediaries and financial instruments The brief review on ...various money market instruments 1 1 INDIAN FINANCIAL SYSTEM The economic development of a nation is reflected by the progress of the various economic units broadly classified into corporate sector government and household sector While performing their activities these units will be placed in a surplus deficit balanced budgetary situations There are areas or people with surplus funds and there are those with a deficit A financial system or financial sector functions as an intermediary and facilitates the flow of funds from the areas of surplus to the areas of deficit A Financial System is a composition of various institutions markets regulations and laws practices money manager analysts transactions and claims and liabilities Financial System The word system in the term financial system implies a set of complex and closely connected or interlined institutions agents practices markets transactions claims and liabilities in the economy 2

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