Capital market plays an extremely important role in promoting and sustaining the growth of an economy. It plays an important role in mobilizing savings for investment in productive assets, with a view to enhancing a country‟s long – term growth prospects, and thus acts as a major catalyst in transforming the economy into a more efficient, innovative and competitive marketplace within the global arena.
It is also imperative to note that not only mobilization of funds is important but also it is required to protect the Interest of Investors. In this regard, the Govt. of India has taken several measures to protect of interest of Investors.
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