A study of customers expectation towards depository participants of Bangalore city /

Title

A study of customers expectation towards depository participants of Bangalore city /

Creator

S, Susan. - 0931605

Description

The exponential growth of the capital market witnessed in recent years had resulted in a near complete breakdown of the paper based transaction system. The amount of capital raised has shot up, the number of issues had increased substantially, trading volumes on the stock exchanges had grown several fold and the markets had become institutionalised with the entry of Foreign Institutional Investors (FIIs) and private mutual funds. As a result, there had been an increase in paper work causing a gridlock at every stage. This delays the clearance and settlement of trades, registration of securities and increases back office paper work for intermediaries. The outdated systems had increased settlement risks and have rendered the implementation of a Delivery versus Payment (DP) system impossible. The systemic risks face further threat by theft, forgery, bad delivery, issue of fake share certificates and loss of certificates. This had eroded investor confidence.

Source

Department of commerce

Date

2010-03-19

Publisher

CHRIST (Deemed to be University)

Format

PDF

Language

English

Type

Mphil