|Early Times Report|
Jammu, Nov 19: The students of MBA (International Business) Programme from International Centre for Cross Cultural Research and Human Resource Management (ICccR & HRM), University of Jammu visited Securities Exchange Board of India (SEBI), Jammu for an interactive session with the officials of Securities and Exchange Board of India (SEBI), Jammu which is an apex body for maintaining and regulation of Capital Markets. The objective of visit was to apprise students of international business about the financial regulatory framework, bye-laws and surveillance systems so that they can have an understanding of the financial markets working that include Portfolio Management, Brokers and Sub-Brokers Management, Underwriters, Merchant Bankers and so on. With an aim to orient the students with capital markets functioning and its connect with the key macroeconomic variables of growth, the interaction shed light on the important functions and significance of the markets with reference to the role of Capital Markets for accelerating the process of economic growth by proper allocation of resources from the enterprises who have surplus capital to the setups who are in need of capital. This enabled students to understand the underlying reasons for policy measures pertaining to expansion of industry, trade of both public and private sectors thereby leading to a balanced economic growth in the country. Further, Mohan Lal Saroj, Assistant General Manager, Securities Exchange Board of India, Jammu speaking on the occasion elaborated upon the role of Financial Intermediaries as the organizations which help fund transfer and channelization of resources and the role of main Financial Intermediaries that include: NSE (National Stock Exchange), BSE (Bombay Stock Exchange), MCX (Multi Commodity Exchange), Bank, Insurance Companies, Pension Funds and Mutual Funds.