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“Financial markets are an important constituent of financial system in an economy. they exist to bring together the borrowers and lenders to enable tem to satisfy their mutual requirement”Saving are linked to investments by a variety of intermediaries through a range of complex financial products are nothing but a” Securities like shares debentures, government bonds and derivatives”In recent years financial market and institutions have undergone significant changes keeping in pace with the changing need of market participants super national organizations are being increasingly displaced by specialized financial institutionBoth in the public and private sector. Some of these have created financial subsidiaries that have became powerful financial service firms in their own right to keep pace with the global markets in India have one through various stages of liberalization that has increased their degree of integration with global market.The participants on the demand & supply side of financial market are banking and non banking financial institutions, dealers, Borrowers and lenders investors and savers.

 

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Author:
Tushki
Time:
Saturday, June 14th, 2008 at 6:55 pm
Category:
finance articals
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