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

Jarwal, Devendra, Role of Financial Market in Economic Growth of India (October 4, 2012). 40th National Convention of the Institute of Company Secretaries of India, pp. 175-182, 2012, Available at SSRN: https://ssrn.com/abstract=3490528

Devendra Jarwal (Contact Author)

University of Delhi ( email )

University Road
Kirti Nagar
Delhi, DE New Delhi 110 007
India

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