Capital Market and Depository System in India

Langue : anglais

Edité par New Century Publications, 2018

8177084593 / 9788177084597

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A propos de cet article

Contents: 1. Evolution of capital market in India. 2. Measures for strengthening capital market in India. 3. Depositories: conceptual framework. 4. Foreign and Indian studies on depositories. 5. Depository system in India. 6. Issuers, registrar and transfer agents in the depository system. 7. Business practices of depository participants (DPs). 8. Depository system: perceptions of investors. 9. Problems and prospects of depository system. Bibliography. Index. Capital market is a market for long-term funds. Capital market channelises household savings to the corporate sector and allocates funds to firms. In this process, it allows both firms and households to share risks associated with business. Moreover, capital market enables the valuation of firms on an almost continuous basis and plays an important role in the governance of the corporate sector. An efficient capital market is an important constituent of a sound financial system. In India, efforts have been made in recent years to set up an effective regulatory framework covering major participants in the capital market. Similarly, the technology of trading and settlements in the stock exchanges has been upgraded. Internet-based trading in securities has been permitted. The market has undergone a major transformation in terms of its structure, products, practices, spread, institutional framework and other important aspects like transparency, integrity and efficiency. The size of the market has also grown manifold. Shares are traditionally held in physical (paper) form. This method has weaknesses like loss/theft of certificates, forged/fake certificates, cumbersome and time-consuming procedures for transfer of shares etc. To eliminate these weaknesses, a new system called depository system has been established. A depository is a system which holds shares of an investor in the form of electronic accounts in the same way a bank holds money of a depositor in a savings account. A depository holds securities in dematerialised form. It maintains ownership records of securities in a book entry form and also effects transfer of ownership through book entry. This book presents glimpses of the evolution of capital market in India during the post-Independence period. More importantly, it provides deep insights into the functioning of depository system in India through sample surveys.…

N° de réf. du vendeur 123835

Titre
Capital Market and Depository System in India
Auteur
Regina Sibi Cleetus and K. Sasikumar
Éditeur
New Century Publications
Année de publication
2018
État de l'article
New
Reliure
Hardcover
Langue
anglais
ISBN à 10 chiffres
8177084593
ISBN à 13 chiffres
9788177084597
Édition
1st Edition

Vedams eBooks (P) Ltd

New Delhi, Inde

Vendeur avec une évaluation de 4 étoiles

Vendeur AbeBooks depuis 30 janvier 2009

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