HARSHA INSTITUTE OF MANAGEMENT STUDIES SUBJECT - INDIAN FINANCIAL SYSTEM TOPIC: FINANCIAL MARKETS
MEANING OF FINANCIAL MARKEYT The financial market can be understood as a place where financial products and services are bought and slod on a regular basis. It deals in the purchase and sale of different types of investments, financial services, loans, etc… It can be divided into the two types: Money market. Capital market.
ROLES OF FINANCIAL MARKET Allocation of capital. Liquidity provision. Information transmission. Capital formation. Price discovery.