Professional Documents
Culture Documents
• Financial Assets
• Financial Markets
• Financial Intermediaries
• Regulatory Infrastructure
Financial Markets
Funds Money Market Funds
Capital Market
Securities Securities
• Payment System
• Pooling of Funds
• Transfer of Resources
• Risk Management
Rs. 5 and share price rises to Rs. 115. How much is your
to Rs. 110 in Y1. During the same period the CPI increased
Private sector
NABARD
insurance
companies
Economies of Scale
Financial institutions enjoy economies of scale
Centre for Financial Management , Bangalore
RATIONALE FOR FINANCIAL INTERMEDIARIES
Confidentiality
Information shared with financial intermediaries may be kept
confidential whereas information disclosed to numerous
individual investors is in public domain.
Signalling
Financial intermediaries can pick up and interpret signals and
cues better. So they perform a signalling function for the
investment community.
• SEBI