COMMODITY FUTURES- INVESTORS PERCEPTION
N. R. INSTITUTE OF BUSINESS MANAGEMENT 2
INTODUCTION TO INDIAN FINANCIALSYSTEM
The Indian financial system consists of many institutions, instruments andmarkets. Financial instruments range from the common coins, currency notes andcheques, to the more exotic futures swaps of high finance.The Indian financial system is broadly classified into 2 broad Groups:-1. Organized Sector2. Unorganized Sector
1. ORGANISED SECTOR
The organized sector consists of: -
i). Financial institutions
The regulatory institutions are the ones, which forms the regulations, andcontrol the Indian financial system. The Reserve Bank of India is the regulatory body,which regulates, guides controls and promotes the IFS.
b) Financial intermediaries
They are the intermediaries who intermediate between the saver and investors.They lend money as well mobilizes savings; their liabilities are towards ultimatesavers, while their assets are from the investors or borrowers.They can be further classified into
All banking institutions are intermediaries.
Some Non-Banking institutions also act as intermediaries, and whenthey do so they are known as Non-Banking Financial Intermediaries.UTI, LIC,
GIC & NABARD are some of the NBFC‟s in Ind
c) Non intermediaries:-
Non-intermediaries institutions do the loan business but their resources are notdirectly obtained from the saver.