CAPITAL MARKET INTERMEDIARIES

Abstract

During last 20 years or so, the capital market in India has witnessed growth in volume of funds raised as well as of transactions. The changes in economic scenario and the economic growth have raised the interest of Indians as well as foreign institutional investors in the Indian capital market. The buoyancy in the capital market has appeared as a result of increasing industrialization ,growing awareness ,globalization of the capital market ,etc. several financial institutions, financial instruments, and financial services have emerged as a result of economic liberalization policy of the government of India. The capital market has two independent segments: the primary market and the secondary market. The research contains the depth analysis of important provisions on capital market intermediaries and their registrations in an appropriate manner, obligations, responsibilities & the further penalities in case of default in any manner.