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What Is Financial System

What Is Financial System?

Finance plays a key role in the part of economic and business activities of the country. Systematic and efficient flow of finance is needed to efficient and effective management of the business concern. Arrangement of finance to required business concern, should be properly maintained and channelised through regulated institutions and markets.

finance
[Post Image Courtesy of Phaitoon at FreeDigitalPhotos.net]

In India, with the effect of the new economic policy, emerging needs of financial institution and markets should be looked after. Indian financial system has developed constantly and successfully to infuse the new blood to the economic development of the nation. Hence, the economic growth and development is purely based on the regulated and well established financial system of the country.

About Author Mohamed Abu 'l-Gharaniq

when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries.

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