The purpose of study of Financial Markets and Services is to converge the various financial services and their marketing plan to have an overall approach in taking finance and investment decisions. In a financial market, sub-markets such as Call Money Market, Treasury Bill Market, CP and DP Market, Discount Market etc. provide specific financial service to avail specific type of fund for running the business of an enterprise. Each aforesaid sub-market has its own specific objective to provide finance for smooth running of the business. All these segments of financial markets are regulated by Security Exchange Board of India (SEBI). Foreign Exchange market provides finance and other related services for export business.
Savings of the households provide strong base for capital formation in the country. In India, savings segment contributes twenty nine percent to GDP. Mutual Funds (MFs) are playing a major role in converting these savings into productive purpose. MFs, besides acquiring various securities and other assets through capital market (NSE & other Exchanges), for a Strategic Portfolio Management, also motivate small savers to invest in securities of their choice. Credit Rating agencies assist small savers to select quality securities for investment.
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