Shopping Cart
0 item(s) - Rs. 0.00
MBA Project Reports, BBA Project Reports, Download MBA Project Reports, Projects Sample Topics
MBA projects, BBA project reports, MBA synopsis,Project proposal
| More

Intergration of Financial Market in India

Rs. 2,500.00



Introduction:
In India, there has been a conscious effort by the RBI and the Government of India to develop and integrate various financial market segments in a phased manner. In this paper, the authors analyse the macro-economic dependence, current liquidity, volatility, efficiency, and integration level of four key financial market segments—money, government securities, forex and equity. The effectiveness of monetary policy transmission at the current level of financial market integration is discussed in the wake of the USD/INR depreciation episode in 2013. The regression analysis suggests behavioural dependence of the macroeconomic variables on financial indicators of government securities and forex market. The liquidity analysis indicates that money, government securities, and forex market are highly liquid. Money and government securities market are found to be less volatile, albeit highly susceptible to shocks. On the other hand, the strong influence of exogenous factors on forex and equity markets has made them highly volatile. Gradual financial reforms have enhanced the market efficiency of the country‘s forex market. Temporal cross-correlation studies highlight an evolutionary pattern in financial market integration—correlation between different market segments has increased over time. Such inter-market and macro-economic behavioural relationship analyses have become important in today‘s fragile macroeconomic scenario characterized by weak domestic performance and uncertainty in foreign investor sentiment.

Post the 2008 financial crisis, the Chinese proverb quoted in the epigraph received much attention because the only thing that is interesting is ―uncertainty‖. The definition of uncertainty has evolved and become more complicated over the years due to development and increasing integration among various financial market segments, domestically and internationally—a result of globalisation and economic liberalisation.

The development of an economy is largely influenced by financial markets—they competitively allocate financial resources that are mobilised from savers and investors among users in the economy. India‘s central bank, the Reserve Bank of India (RBI), has proactively shaped the development of financial markets in India through its series of economic policy reforms—market-determined interest and exchange rates, current account convertibility, monetary policy dealing with price-based instruments, auction-based allocation in the government securities market (GSM), and phased capital account. Such a closely monitored development of the financial market is essential in an emerging and developing economy such as India to avoid financial instability, which is likely to occur otherwise.

Number of Pages of Project Report: 66
Package Includes: Synopsis/Project Proposal + Project Report
Project Format: Document (.doc)

Table of Contents of Project Report:

CHAPTER 1: INTRODUCTION OF THE STUDY
CHAPTER 2: LITERATURE REVIEW
CHAPTER 3: RESEARCH METHODOLOGY
THE PROBLEM STATEMENT
OBJECTIVES OF THE STUDY
RATIONALE OF THE STUDY
NEED OF THE STUDY
CHAPTER 4: DATA ANALYSIS
LIMITATIONS OF THE STUDY
REFERENCES



About Us    Privacy Policy    Shipping/Cancellation/Refund Policy    Terms and Conditions    Site map

Copyright © 2017 ProjectFever.com - MBA project reports, BBA project reports, MBA synopsis, Project proposal, Download project reports, Projects sample, MBA project topics