The Industrial securities market refers to the market for shares and bonds of the existing companies, as well as those of new companies. However, it is important to emphasize that the New Issue Market and Stock Exchange are inter-linked and work in conjunction with each other. The primary market is concerned with the floatation of new issues of shares or bonds. The firms floating new issues to raise funds may be new companies or existing companies planning expansions. The Merchant Banking Division of a commercial bank is asked by the company to advise on the viability Of floatation of an issue before an issue is actually floated in the market. It is an open invitation to the public to subscribe to the issue at par or at premium.
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The Indian Economy: Dealing with Inflation
PPT On Inflation | PowerPoint Presentations
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Difference Between Inflation and Deflation
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