Indian Financial System The Indian Financial System is one of the most important aspects of the economic development of our country. This i) ystem manages the flow of eaunds between the people ousehold savings) of the ountry and the ones who may invest it wisely (investors/businessmen) for the betterment of both the parties. This is an important topic with respect to the various Government exams conducted in the country, and aspirants must carefully consider going through this article and prepare themselves accordingly.Table of Contents: 1. Indian Financial System — An Overview Components of Indian Financial System 1. Financial Institutions 2. Financial Assets 3. Financial Services 4. Financial Markets 5. Sample Questions on Indian Financial System Bank Exams 2021 Indian Financial System — An Overview The services that are provided to a person by the various Financial Institutions including banks, insurance companies, pensions, funds, etc. constitute the financial system.Given below are the features of the Indian Financial system: e It plays a vital role in the economic development of the @), «country as it encourages both savings and investment e It helps in mobilising and 8) allocating one’s savings e It facilitates the expansion of financial institutions and markets e Plays a key role in capital formation e It helps form a link between the investor and the one saving e It is also concerned with the Provision of funds