Indian Financial System by H. R. Machiraju
Book Summary:
The advent of liberalization in 1992-93 integrated the different components of financial markets like the foreign exchange, money and capital markets and facilitated greater liquidity. This, in turn, led to an effective implementation of the monetary policy, capital market policy and the management of foreign exchange.
The role and functions of different Financial Intermediaries, Commercial Banks, Non-banking Financial Companies (NBFCs), Regional Rural Banks (RRBs), Financial Institutions (FIs), Merchant Banks and Mutual Funds have become redefined.
This book on the Indian Financial System is set against such a backdrop of a more or less deregulated environment. It attempts an empirical analysis of the functioning of intermediaries and markets and simultaneously identifies opportunities available to enhance efficiency.
Audience of the Book :
This book Useful for Commerce & Economics, Management Student.
Table of Content:
1. An Introduction to Indian Financial System
2. Savings and Financial Intermediation
3. Commercial Banking
4. Reserve Bank of India: Central Banking
5. Regional Rural Banks
6. Cooperative Credit
7. Development Banking
8. Non-bank Financial Companies
9. Investment Banking
10. Merchant Banking
11. Mutual Funds
12. SEBI and Regulation of Primary and Secondary Markets
13. Money Market
14. Foreign Exchange Market
15. Primary Market
16. Secondary Market: Stock Exchanges
17. Foreign Investment and its Regulations
18. Accessing International Capital Markets
19. The Indian Fiscal System
Index
