Explain the Different Financial Institutions and Their Services in India
Commercial banks are one of the major financial institutions. The State level institutions comprise State Financial Corporations SFCs and State Industrial Development Corporations SIDCs. Banking In India Types Of Banks Banking Classification Paisabazaar General Insurance Corporation GIC 6. . The market regulator in the Indian capital market is the Securities and Exchange Board of India SEBI. Read more services to their clients. Securities and Exchange Board of India SEBI The Securities and Exchange Board of India SEBI is a statutory body established under the SEBI act of 1992 as a response to prevent malpractices in the capital markets that were negatively impacting people. Unit Trust of India 7. Credit oriented financial service. Mutual funds are managed by professionals and they charge annual fees for their service. This type of financial service helps people to save money intelligently and receive a ret...