Indian Financial System

Regulatory Bodies Financial Financial Financial Markets

Intermediaries/Institutions Assets/Instruments

 Ministry of Finance(MoF) Derivatives

Variable returns Fixed income
 Ministry of Corporate Affairs
 RBI
 IRDAI
 SEBI  Equity Shares  Bonds  Forwards
 PFRDA  Mutual  Mutual Funds(debt)  Futures
Funds(equity)  Insurance  Options
 ETFs  Fixed Deposits  Swaps
Banking  Provident Funds
Non-Banking Non-Banking Financial
 Pension Funds
Services Companies
 Preference Shares

 Public Sector Banks  Asset management companies

 Private Sector Banks  Insurance Companies
Money Market Foreign Exchange Market Capital Market
 Foreign Banks  Merchant Bankers
 Regional Rural Banks  Stock Broking Firms
 Co-operative Banks  Depositories
 Small-finance banks  Development Financial  Call Money  Equity Market
Institutions  Treasury Bills  Long-term Debt
 Fintech companies  Commercial Paper Market
 VC/PE firms  Certificate of Deposits  Corporate Debt
 Repo Markets  Government
 Non-Banking Financial Debt
Companies (NBFCs)
 Loan
 Leasing
 Hire Purchase
Primary Secondary
 Factoring Derivatives Market
Market/New Issue Market/Stock
 Mutual Benefit Finance
Market Market
Companies (MBFCs)/Nidhis