Indian Financial Market

Indian Financial System branches:

Regulatory Body:

Min of Finance.

Min of Company Affairs (Min of Corporate Affairs).

SEBI: (statutory body) (security exchange bureau) → monitoring transactions & monitor the financial market

▪ RBI: (Apex bank of country) → control money movement

IRDA: Insurance Regulatory and development authority — liberalized insurance

Fin Institution:

Banks:

Commercial Banks: Public (SBI, BOB, Canara) and Private (HDFC, ICICI, IDBI)

Rural Banks

Cooperative Banks

Other Institutions: NBFC’s, Mutual fund organization

IFCI (Indian Financial Corporation of India), IRCI (Industrial Reconstruction Corporation of India), NABARD (National Bank for Agri & rural dev.)

Financial Market:

Money Mkt: (short term) → RBI

Capital Mkt: (long term) → SEBI (Primary, Secondary)

Financial Services

• Regulatory Governance (RBI/SEBI):

Chairman ← (nominated by Govt of India) → Regulations, Issue Dept, Verifications

Secretaries of Finance Min & Home Min

Rep of RBI

Nominated members experts in financial domain