JAIIB - PPB
Unit – 1 :
Indian Financial System
1. NBFC are allowed to raise money from the public
and lend monies through various instruments for ex leasing, hire purchase and
bill discounting.
3. FI are financial institutions which provide long
term funds for industry and agriculture.
4. Co-operative banks are allowed to raise deposits
and give advances from/to public.
5. Urban co-operative banks are controlled by State
government and RBI.
6. Other co-operative banks are controlled by State
Government and NABARD.
7. CRR is a percentage of demand and time
liabilities of a bank which is deposits held by the bank.
8. SLR is a percentage of demand and time liabilities
of a bank which is held in prescribed government securities by the bank.
9. Bonds and debentures are examples of corporate
securities and can be used to raise debts.
10. Debts, equities and derivatives are examples of
securities.
11. SEBI is the capital market regulator.
12. Merchant bankers aka Investment bankers are
licensed by SEBI and they issue stocks, raise fund and manage them.
13. FII are authorized by SEBI to invest in Indian
equity and debt market through stock exchanges.
14. Depositories held securities in demat form (not
physical).
15. Mutual fund pools money from investors and
invests in stocks, debt and other securities.
16. The three regulatory authorities are:
RBI - for banks,
SEBI - for capital markets and
IRDA - for insurance sectors
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