Equity Markets and Stock Broking in Retail Banking Services

Abstract

The financial markets act as a link between these two different groups. It facilitates this function by acting as an intermediary between the borrowers and lenders of money. So, financial market may be defined as ‘a transmission mechanism between investors (or lenders) and the borrowers (or users) through which transfer of funds is facilitated’. It consists of individual investors, financial institutions and other intermediaries who are linked by a formal.

A financial market consists of two major segments: (a) Money Market; and (b) Capital Market. While the money market deals in short-term credit, the capital market handles the medium term and long-term credit, two types of f markets in detail.

stock exchange as an “association, organization or body of individuals, whether incorporated or not, established for the purpose of assisting, regulating and controlling business of buying, selling and dealing in securities”. Banking and Financial services companies play a crucial role in any economy. The Banking Indian primary dealer ICICI Securities Ltd has raised Rs 100 crore by placing six-month commercial papers (CPs) with mutual funds and a financial institution2007and financial services industry is a vibrant, diversified and is extremely competitive.