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| Publisher | Vikas Publishing All MBA books by Vikas Publishing |
| ISBN | 9789325983311 |
| Author: | Nibsaiya Sapna |
| Number of Pages | 163 |
| Available | Available in all digital devices |
A financial system plays a vital role in the economic growth of a country. Financial system is a complex but well integrated set of sub systems of financial institutions, market, instruments and services which facilitates transfer and allocation of business efficiently and effectively. Financial institutions are business organizations which serve as a link between savors and investors so as to help credit allocation process. Good financial institutions are vital to the functioning of a strong economy. If we can describe finance as a circulatory system of an economy, financial institutions are the brain.
Financial institutions have undergone significant transformation since 1990s. Other than giving loans, financial institutions has diversified its services into many areas such as merchant banking, underwriting of share and issuing guarantees etc.
1. Financial System
2. Financial Institutions
3. Commercial Banks
4. Regulatory Institutions
5. Financial Services
