Mobilization of Resources International Capital Market in Special Reference with Depository Receipts

Abstract

This research article focuses on the whole concept of Globalization of capital markets with special reference with Depository Receipts as one of its resource and also increasing trends of globalization of capital markets and its essential ingredients, like emergence of innovative financial instruments and trade tricks and techniques on global level of market, the friendly connection between money and capital market across the world, liberal trade regulations in the field of various sectors of economies in most of the developing and developed countries, tremendous development of digitization and electronic techniques of funds transfer, especially digital economy are few essential ingredients behind the growth of Globalization of capital markets. The Global Depository Receipts and American Depository Receipts, its legal framework and its various aspects. The article also attempts to analyze the need of the hour for formulation of strong steps and policies to curb the fiascos in coming future of International Capital Market and expand its scope of success parameters.