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Finacial System Introduction

Finacial System Introduction

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Published by vandana

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Published by: vandana on Oct 10, 2010
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07/17/2011

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""
Without some goals and some efforts to reach it, no man can live."Without some goals and some efforts to reach it, no man can live."John DeweyJohn Dewey
INTRODUCTION TO INDIANINTRODUCTION TO INDIANFINANCIAL SYSTEMFINANCIAL SYSTEM
 
FORMAL AND INFORMAL FINANCIALFORMAL AND INFORMAL FINANCIALSECTOR SECTOR 
Formal financial sector is characterized by theFormal financial sector is characterized by the presence of an organized, institutional and presence of an organized, institutional andregulated system.regulated system.
Informal financial sector is an unorganizedInformal financial sector is an unorganized,non,non--institutional, and noninstitutional, and non--regulated systemregulated system dealing with the traditional and rural spheresdealing with the traditional and rural spheresof the economy.of the economy.
 
Components of the Formal FinancialComponents of the Formal FinancialSystemSystem
Financial InstitutionsFinancial Institutions
Financial MarketsFinancial Markets
Financial InstrumentsFinancial Instruments
Financial ServicesFinancial Services

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