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A detailed project report on Demat in India
By Pratik Mehta !!
By Pratik Mehta !!
The function of the financial market is to facilitate the transfer of funds from surplus sectors (lenders) to deficit sectors (borrowers). A financial market consists of investors or buyers of securities, borrowers or sellers of securities, intermediaries and regulatory bodies. Financial market does not refer to a physical location. Indian financial system consists of “money market” and “capital market”.
The money market has two components -
1) Organised money market-Organized market is dominated by commercial banks. The other major participants are Reserve Bank of India, Life Insurance Corporation, General Insurance Corporation, and Unit Trust of India, Securities Trading Corporation of India Ltd. and Discount and Finance House of India, other primary dealers, commercial banks and mutual funds.
2) Unorganised money market-Unorganized market despite rapid expansion of the organized money market through a large network of banking institutions that have extended their reach even to the rural areas; there is still an active unorganized market. It consists of indigenous bankers and moneylenders.
The capital market consists of
1) Primary market-The primary market deals with