The Indian financial system consists of a variety of capital markets, financial intermediaries, and instruments. The key capital markets include the treasury bill market, inter-bank market, stock market, and public debt market. Major financial intermediaries include banks, mutual funds, insurance companies, pension funds, and non-banking financial institutions. Popular financial instruments include equity shares, bonds, treasury bills, commercial paper, and derivatives. Stock indices like the BSE Sensex and NSE Nifty 50 are important indicators of the stock market.
10. Current Settlement Procedure of Trading Transactions Table: Showing Typical Settlement Cycle for various Activities T+2 working days T+2 working days Securities and funds pay-in Securities and funds pay-out Settlement T+2 working days T+3 working days T+4 working days T+5 working days T+5 working days T+6working days T+8 working days T+9 working days Valuation Debit Auction Bad delivery reporting Auction settlement Close out Rectified bad delivery pay-in and pay-out Re-bad delivery reporting and pick up Close up of re-bad delivery Post Settlement T+1 working days T+1 working days Custodial Confirmation Delivery generation Clearing T Rolling Settlement Trading Trading Day Activity Item
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