IFS Unit 1 Indian Financial System | Bangalore university/Calcutta university
visit website https://sugarybloom.blogspot.com UNIT 1: INTRODUCTION TO FINANCIAL SYSTEM IN INDIA Overview of financial system A financial system is a matrix of financial institutions, financial markets , financial instruments, and financial services which allows the exchange of funds between borrowers lenders and investors . In order to enable capital formation there is a requirement of a system which will create and channelise savings leading to capital formation.The system that does this function in economy is called financial system. Financial System helps to mobilize the surplus funds and utilizing it in a productive manner The Indian Financial System is one of the most important aspects of the economic development of our country. It enables investors, lenders and borrowers to exchange funds either for productive or consumptive purpose and to pursue a return on their financial assets. Thus, a financial system can be said to play a sig...