Role of Financial Market in Economic Growth of India
40th National Convention of the Institute of Company Secretaries of India, pp. 175-182, 2012
15 Pages Posted: 5 Dec 2019
Date Written: October 4, 2012
Abstract
In financial market, the securities in trade is money which could be raised through various instruments, under well governed rules and regulations, carefully administered and adhered to by different institutions or market operators. It is true that the rate of economic growth of any nation is inextricably linked to the sophistication of its financial market and specifically its capital market efficiency. Considering importance of role of financial market in economic growth of any nation, this study is an attempt to describe the role of financial market in economic growth of India. Various market regulators and SEBI’s report has been used to complete this study.
Keywords: Economic Growth, Capital Market, Financial Market
JEL Classification: G10
Suggested Citation: Suggested Citation