1. INDIAN CAPITAL MARKET. By N.D.Jacob

2. CAPITAL MARKET MOBILISES CAPITAL FOR THE INDUSTRY. IT CREATES WEALTH THROUGH PRIMARY MARKET, AND DISTRIBUTES IT THRU SECONDARY MARKET ACTIVITIES.

37. PRODUCTS .

48. TYPES OF DEBT INSTRUMENTS. Debenures, Bonds, Com. Paper, Floating rate Bonds,Zero Coupon Bonds, Inter Corporate Deposits, Cert. of Deposits, Debentures, Bonds. Cert. of Deposit, Bonds. Corporate Banks, FIs Private Sector Govt. gauranteed Bonds,Debentures. PSU Bonds, Debentures, Commercial Paper. Govt. Agencies/Statutory Bodies. Public Sector. Public Sector. Zero Coupon Bonds, Coupon Bearing Bond, Treasury Bills. Coupon Bearing Bonds. Central Govt. State Govt. Govt.Securities. Instruments. Issuer. Market Segment.

50. INDIAN CAPITAL MARKET. STATUTORY & POLICY REFORMS SINCE 1992.

60. SECONDARY MARKET. DEMUTUALISATION OF SE’s . Most of the Exchanges in the country are organised as “mutuals” which was considered beneficial in terms of tax benefits and matters of compliance. The trading members, who provide broking services, also own, control and manage exchanges. This is not an effective model for self regulatory organisations as the regulator and regulated are the same. Demutualisation segregates ownership, management and trading activity from one another. NSE and OTCEI are demutualised exchanges.