1. AN OVERVIEW

2.  To mobilize savings and deploy them
productively.
 The players are called Intermediaries who
help to transfer the wealth from savers to
users, investors and support services
providers

3.  Institutions
 Regulators
 Instruments dealt with
 Supporting service Institutions like Brokers,
custodians, advisory

4.  Unorganised Sector:
 Money lenders
 Indigenous bankers
 Chit funds
 Nidhis
 Self help groups
 ORGANISED SECTOR:
 Capital market
 Money market
 Forex market
 Derivatives market

5.  Commercial Banks
 Development Financial Institutions
 NBFCs
 FIIs
 MFIs
 Cooperative Banks
 RRBs
 PE funds
 Insurers
 Post Offices
 Mutual Funds

6.  Reserve Bank of India – for Banks, NBFC, FIs
etc.
 SEBI – for capital markets
 IRDA – for insurance
 NABARD – for RRBs
 Registrar of cooperative societies for Co-op
banks
 PFRDA for Pension funds

7.  Merchant Bankers/Investment Bankers
 Stock Brokers
 Stock Exchanges
 Clearing corporations
 Depositories
 Credit Rating Agencies
 Credit Information Bureau (CIBIL)
 DICGC
 ECGC
 Market Research Organizations

8.  Capital market – Debt( bonds) and Equity(
Shares)
 Money market – Short term maturity
instruments like T-bill, commercial papers,
Repos
 Derivatives – futures, options, swaps etc.

9.  ADRs
 GDRs
 ECBs
 Participatory Notes issued by FIIs