Beruflich Dokumente
Kultur Dokumente
Financial
System
Shakti Shukla
Objectives
To make a historical account of Indian
Financial system before and after
liberalization;
To appreciate the evolutionary process for
Liberalization Facilitators
Benefit to the Lender
Lender's risk has dwindled
substantially
Liquidity position is improved
Return is certain on his savings
(either fixed or variable)
Lender gets impetus to save
He will get accurate
information from specialized
financial institutions.
Lenders botheration with
respect to selecting a prompt
borrower is reduced
Benefit to the Borrower
Borrower certainty in
rising funds is soared
He needs make less effort
and minimum time in
questing for an ultimate
lender.
In whatsoever fashion he
needs funds he can
procure
He can seek professionals
and specialized assistance
from specialist in the field.
Major Institutions as Merchant
Middlemen
1. Banking financial institutes (RBI, Commercial
banks and co-operative banks)
2. Development banks (all India financial