What is an Intermediary and what are its function?



0
Name the various intermediaries operational in Indian Markets

2 Answer(s)


0

An entity that acts as the middleman between two parties in a financial transaction. While a commercial bank is a typical financial intermediary, this category also includes other financial institutions such as investment banks, insurance companies, broker-dealers, mutual funds and pension funds.

Financial intermediaries encompass a wide range of entities in terms of size and scale of operation, ranging from a small insurance brokerage, to giant global institutions that provide a complete range of financial services including commercial banking, investment banking and asset management.

0

3 Kinds of Intermediaries. Brokers, dealers and Investment bankers