Financial System¶

Its refers to Economic Services provided by various financial institutions that deal with the management of money. it is an in tangible product of financial markes like loans, insurare Stocks, credit card, etc. Financial Services are products of institutions Such as banking firms, insurance Companies, invert funds Credit miens, brokerage firns, and Consumer finance companies.

Nature of Financial System¶

Customer Oriented
Intangibility
Inseparable
Manages Fund
Financial Intermediation
Market Based
Distributes Risk

Scope of Financial System¶

graph TD;

  A[Scope of Financial Services]-->B[Financial Services];
  B-->C[Traditional Activities];
  C-->D[Fund Based Activities];
  C-->E[Non-fund Based Activities];
  B-->F[Modern Activities];

  F-->G[Merger and acquisition planning];
  F-->H[Trustees to the debentures-holders];
  F-->I[Portfolio management];
  F-->J[Providing project advisory];

What is a Digital Financial System?¶

Digital Financial System is a system that allows individuals and businesses to perform financial transactions electronically. It is a subset of the broader digital finance ecosystem, which encompasses all digital technologies that enable financial services and operations.

IFS