9. • Link between Savers and
Investors
• Helps in Project Selection
• Allocation of Risk
• Information Available
• Reduce Cost of Transaction
and Borrowing
• Promotion of Liquidity
10. •Role of Economic Development
•Promotional Role of the Financial System
11. • Lack of Coordination
between different
Financial Institutions.
• Monopolistic Market
Structures
• Dominance of
Development Banks in
Industrial Financing.