this is about the 3 major compnnts of financial systemFull description
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managementFull description
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Ethiopian-financial-system-pdfFull description
The study of structural system of one of the tallest building in the world.Full description
saFull description
saDeskripsi lengkap
This document discusses the financial/monetary system from the Kenyan perspective.
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Written report in nonbanking financial intermediaries
The study of structural system of one of the tallest building in the world.Deskripsi lengkap
sa
RM
Evolution of Data ModelsFull description
Evolution of Financial System
Financial System requires :Transfer of financial assets Financial market Rate of return Instruments Intermediaries Mobilisation of savings
Evolution:
Nationalization RBI in 1948 Imperial Bank was renamed as SBI in1956 245 LIC were brought under govt. control under LIC 14 major commercial banks in1969 GIC was reorganized
UTI
Starting of UTI It is the oldest and largest mutual fund. It was started in 1964. Development Banks Industrial Finance Corporation of India State Financial Corporation Industrial Credit And Investment Bank Industrial Development Bank of India
Agriculture Finance Finance
Agricultural Refinance & Development Co. To provide refinance to banks to finance projects such as irrigation, hoticulture 1982 handed over to NABARD Foreign Banks The Export And Import Bank Main objective was to provide financial assistance to importers and exporters
Housing Finance
The National Housing Bank in 1988 Both at regional and rural levels Mutual Funds Provides investment avenues to small investors Both private and public sector banks are into it.
Venture Capital Institutions
In the form of equity participation IDBI ,IFCI started it Now private sector is into it Thrust is given to new and technological innovations.
Legislative Support
Various Acts were passed to protect protect the investors like Indian Companies Act Securities Exchange Board of India Negotiable Act The Banking Regulation Act
Role And Function of Financial System
Mobilisation of saving Size Transformation function Maturity function Risk transformation Promotes Investments Encourages Investments in Financial Assets Developing Backward Areas
Organisational Strusture Of Financial System
Organisied 1.Money Market 2. Capital Market Unorganisied:Money lenders Indigenous Bankers pvt.co. not under the control of RBI
