Structure of Capital Market Dr. Deepa Soni Assistant Professor Department of Economics MLSU(UCSSH) UDAIPUR
Structure of Capital Market
The Indian Capital Market is broadly divided into two categories: (1) The securities market which includes – The gilt-edged market- It is the market where purchase and sell of Government securities/bonds takes place. The industrial securities market- It deals with the issue of old securities(stock market) and new issue market or primary market.
(2) Financial Institutions which includes- Development financial institutions such as IFCI, SFC, LIC, IDBI, UTI, ICICI, etc. - They provide medium-term and long-term funds for business enterprises and public authorities. Financial intermediaries in the capital market such as merchant bankers, mutual funds, leasing companies, venture capital companies etc. They help in mobilizing savings and supplying funds to investors