This comprehensive book critically examines and presents in detail, a conceptual framework on various components/structures of a formal financial system which includes financial institutions, financial markets, financial instruments/securities, financial services, financial regulations and regulatory authorities. It brings to its readers the ever-changing organisational, structural, institutional, regulatory and policy developments in the financial sector of India.
The book contains 36 chapters divided in 6 parts. Part A, Financial System, comprising 3 chapters, provides an overview of the Indian financial system, economic development and the financial sector reforms in India. Part B, Financial Markets contains 11 chapters to provide an in-depth analyses of different elements of Indian financial markets. Part C, Financial Instruments comprises 3 chapters to deal with instrumentation side of the financial system.
Part D, Financial Institutions, includes 7 chapters to provide an in-depth knowledge about institutions functioning in the financial system. Part E, Financial Services comprises 10 chapters to put readers’ attention towards financial services that do facilitate the components of core financial system. Part F, Financial Regulations includes 2 chapters to deliberate on the financial regulations and the role of regulatory authorities.
This book Useful for Management students.
PART A: FINANCIAL SYSTEM
1: The Financial System: An Overview
2: The Financial System and the Economic Development
3: Financial Sector Reforms in India
PART B: FINANCIAL MARKETS
4: Financial Markets: An Overview
5: Money Market
6: Money Market Derivatives
7: Capital Market
8: Primary Market
9: Secondary Market
10: Derivatives Market
11: Debt Market
12: Government Securities Market
13: Discount Market
14: Financial Guarantees Market
PART C: FINANCIAL INSTRUMENTS
15: Capital Market Instruments
16: Money Market Instruments
17: New and Innovative Financial Instruments
PART D: FINANCIAL INSTITUTIONS
18: Development Financial Institutions (DFI)
19: Commercial Banks
20: Regional Rural Banks, Local Area Banks and Cooperative Banks
21: Non-Banking Financial Companies (NBFCs)
22: Management of Non-Performing Assets (NPAs)
23: Mutual Funds (MFs)
24: Insurance
PART E: FINANCIAL SERVICES
25: Investment Banking and Merchant Banking
26: Intermediaries in Capital Market
27: Depositories and Custodians
28: Credit Rating
29: Factoring and Forfaiting
30: Housing Finance
31: Venture Capital Fund (VCF)
32: Lease, Hire Purchase and Installment Purchase
33: Credit Card and Debit Card
34: Financial Inclusion and Micro Finance
PART F: FINANCIAL REGULATIONS
35: Regulation of the Capital Market and the Securities and Exchange Board of India (SEBI)
36: The Reserve Bank of India (RBI)