classify financial system in india
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Indian Financial System. ... They buy and sell financial instruments. 7. Financial institutions classified as:- a) Regulatory and financialinstitutions : The two major Regulatory and Promotional Institutions in India are Reserve Bank of India (RBI) and Securities Exchange Board of India (SEBI
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A financial system (within the scope of finance) is a system that allows the exchange of funds between lenders, investors, and borrowers. ... They consist of complex, closely related services, markets, and institutions intended to provide an efficient and regular linkage between investors and depositors.
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