NAME:- AKASH MARUTI BADAVE

ROLL NO:-11MBA03 SUB:-BUSINESS ENVIRONMENT TOPIC:-COMPONENTS OF INDIAN FINANCIAL SYSTEM

INTRODUCTION:-

ECONOMIC GROWTH AND DEVELOPMENT OF ANY COUNTR UPON A WELL-KNIT FINANCIAL MARKETS,FINANCIAL INSTRUMENTS AND SE WHICH HELP IN THE FOMATAION OF CAPITAL.

FINANCIAL SYSTEM:-

Components of indian financial sysstem The following are the four main components of indian financial sytem

1. Financial institutions 2. Financial markets 3. Financial instrument/assets/securutues 4. Financial services

Financial institutions :-

financial institutions act as financial intermediaries because Act as middlemen between savers and borrowers.

Financial markets:1. To facilitate creation and allocation pf credit and liquidity 2. To serv as intermediaries for mobilization of savings 3. To assist process of balanced economic growth 4. To provide financial convenience

Financial instrument:-

they represent a claim against the future income and wealth of othe

Financial services :-

the term financial services can be defined as activites,benefits a Satisfaction connected with sale of money.