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    Lack of Co-ordination among financial institutions. Monopolistic Market Structure. High Rate of Interest. Inactive Capital Market. Imprudent Financial Practice.

    1. Lack of Co-ordination among financial institutions.
    2. Monopolistic Market Structure.
    3. High Rate of Interest.
    4. Inactive Capital Market.
    5. Imprudent Financial Practice.
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    Elements of a Financial System Financial Institutions Banking Financial Institutions Non-Banking Financial Institutions Financial Markets Organized Financial Markets Unorganized Financial Markets Financial Instruments/ Assets/ Securities Financial Services Fund-based Financial Services Fee-based FinRead more

    Elements of a Financial System

    Financial Institutions

    • Banking Financial Institutions
    • Non-Banking Financial Institutions

    Financial Markets

    • Organized Financial Markets
    • Unorganized Financial Markets

    Financial Instruments/ Assets/ Securities

    Financial Services

    • Fund-based Financial Services
    • Fee-based Financial Services

    To know more check  this article Financial System

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