The Financial Market is one of the major channels to serve the purpose of mobilization of funds from people with surplus money to people who need money. Financial market can be classified into various types and forms on the basis of various categories like, nature of claim, maturity of claim, timing of delivery and organizational structure. Financial market is regulated by both RBI and SEBI, depending upon the type of market. Tools of the financial market can be used by corporates, commercial banks as well as the government.
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