NAME

: PANKAJ.D.RAI

CLASS : T.Y.BMS-B SUBJECT: PROJECT WORK TOPIC : REGULATORY BODY

INTRODUCTION

Regulatory bodies in India tend to treat people emotional response towards food as nuisance for rational opinion formation and decision making. In order to meet the demand of the people there is a financial regulatory body in India. Financial sector in India has experienced a better environment to grow with the presence of higher competition. The financial system in India is regulated by independent regulators in the field of banking, insurance, and mortgage and capital market. Government of India plays a significant role in controlling the financial market in India. Ministry of Finance, Government of India controls the financial sector in India. Every year the finance ministry presents the annual budget on 28th February. The Reserve Bank of India is an apex institution in controlling banking system in the country. Its monetary policy acts as a major weapon in India's financial market. Securities and Exchange Board of India (SEBI) is one of the regulatory authorities for India's capital market. Here in this section we have covered major financial regulatory bodies in India's financial market.

Securities and Exchange Board of India National Stock Exchange Bombay Stock Exchange (BSE) Reserve Bank of India Major Financial Institutions in India Foreign Investment Promotion Board

CONCEPTUAL WORK

1. NATIONAL STOCK EXCHANGE (NSE) The National Stock Exchange (NSE India) is the worlds third largest stock exchange in terms of transaction volumes. NSE India is based out of Mumbai. NSE is the largest stock exchange in India in terms of daily turnover and number of trades, for both equities and derivative trading.

2. SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI) The Securities and Exchange Board of India was established on April 12, 1992 in accordance with the provisions of the Securities and Exchange Board of India Act 1992. PREAMBLE The Preamble of the Securities and Exchange Board of India describes the basic functions of the Securities and Exchange Board of India as ..to protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto 3.BOMBAY STOCK EXCHANGE The Bombay Stock Exchange (BSE) ( Marathi: Bombay hare Bzar) (formerly, The Stock Exchange, Bombay) is a stock exchange located on Dalal street, Mumbai and is the oldest stock exchange in Asia. The equity market capitalization of the companies listed on the BSE was US$1.63 trillion as of December 2010, making it the 4th largest stock exchange in Asia and the 8th largest in the world The BSE has the largest number of listed companies in the world.

4. Reserve Bank of India (RBI)

The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. The Central Office of the Reserve Bank was initially established in Calcutta but was permanently moved to Mumbai in 1937. The Central Office is where the Governor sits and where policies are formulated. Though originally privately owned, since nationalisation in 1949, the Reserve Bank is fully owned by the Government of India. Preamble The Preamble of the Reserve Bank of India describes the basic functions of the Reserve Bank as: "...to regulate the issue of Bank Notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage."

5 .FOREIGN INVESTMENT PROMOTION BOARD (FIPB) The government of India has set up a special Board known as the Foreign Investment Promotion Board. This specially empowered Board in the office of the Prime Minister, is the only agency dealing with matters relating to FDI as well as promoting investment into the country. It is chaired by Secretary Industry (Department of Industrial Policy & Promotion). Its objective is to promote FDI into India by undertaking investment promotion activities in India and abroad by facilitating investment in the country through international companies, non-resident Indians and other foreign investors.

OBJECTIVES OF THE STUDY

The objectives was to have a complete knowledge about the regulatory bodies in the financial sector and along with these the main objective was to know the function of the regulatory bodies in the financial sector. The study was done with the following objectives in mind: 1. To learn about the financial regulatory bodies in India 2. To analyze the working of the regulatory bodies 3. To know about the procedures followed the different regulatory bodies 4. To have more knowledge about the impact of different of different regulatory bodies in India in todays life

RESEARCH METHODOLOGY

Primary Data: Primary data is data that has not been previously published, i.e. the data is derived from a new or original research study and collected at the source, e.g., in marketing, it is information that is obtained directly from first-hand sources by means of surveys, observation or experimentation.

Sources: OBSERVATION: Working of the different regulatory bodies

Secondary data: Secondary data is data collected by someone other than the user. Common sources of secondary data for social science include censuses, surveys, organizational records and data collected through qualitative methodologies or qualitative research. Sources: Books Magazines Company Booklets Newspaper Internet