Capital Market and Financial System in India


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The financial system of a country promotes savings by providing a wide variety of financial assets to the general public. Savings collected from the household sector are pooled together and allocated to various sectors of the economy for raising production levels. If the allocation of credit is judicious and socially equitable, it can help achieve the twin objectives of growth and social justice. In India, financial markets have been developed with a specific emphasis on increasing allocative efficiency of resources and ...

Capital Market and Financial System in India 2014, New Century Publications, Delhi

ISBN-13: 9788177083651