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A Study on Financial System in India

P.Vinoth Raj* , P. Vinoth Raj* S. Ramachandran**

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Journal of Social Welfare and Management 4(1):p 39-43, January - March 2012. | DOI:

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Abstract

Financial system of any country consists of financial markets, financial intermediation and financial instruments or financial products. This paper discusses the meaning of finance in Indian Financial System and focuses on the financial markets, financial intermediaries and financial instruments. The brief review on various money market instruments is also covered in this study.

Key Words: Financial market; financial intermediaries; financial instruments.

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