Indian Financial System

Indian Financial System :-

  1. NBFC are allowed to raise money from the public and lend monies through various instruments for ex leasing, hire purchase and bill discounting.
  2. Primary dealers deal in government securities, primary as well as secondary markets.
  3. FI are financial institutions which provide long term funds for industry and agriculture.
  4. CRR is a percentage of demand and time liabilities of a bank which is deposits held by the bank.
  5. SLR is a percentage of demand and time liabilities of a bank which is held in prescribed government securities by the bank.
  6. Bonds and debentures are examples of corporate securities and can be used to raise debts.
  7. Debts, equities and derivatives are examples of securities.
  8. Mutual fund pools money from investors and invests in stocks, debt and other securities.

Accounting & Finance for Banking

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Accounting and Finance for Banking Module A Pdf

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Accounting and finance for bankers all ePDFs are available in our an app. Get them all at https://iibf.info/app
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