THE FINANCIAL SYSTEM IN INDIA: MARKETS, INSTRUMENTS, INSTITUTIONS, SERVICES AND REGULATIONS

by SUBHASH CHANDRA DAS

Overview

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. The book is designed as an essential textbook for a course on Indian Financial System for both undergraduate and postgraduate students of management, economics, finance and commerce as well as other related professional courses, like ICAI, ICWAI, ICSI, ICFAI, and CAIIB.Key features• Includes Basel norms to manage risk in commercial banks. It also contains various current topics for the convenience of the readers.• Highlights changes and amendments brought in within the rules, regulations, and guidelines, made by the authorities, like SEBI and RBI.• Incorporated with pedagogical tools, such as tables, figures, appendices, review questions, and MCQs (on selected topics).• Solution manual containing answers to the MCQs and Numerical Problems is available on demand.• Includes an exhaustive glossary of terms to explain the core concepts.• PowerPoint slides available online at phindia.com/das-financial-system-in-india to provide integrated learning to the students.

Product Details

ISBN-13:	9788120350694
Publisher:	PHI Learning
Publication date:	09/16/2015
Sold by:	Barnes & Noble
Format:	eBook
File size:	3 MB

About the Author

SUBHASH CHANDRA DAS (PhD), MCom, FCMA, MWSOM (UK), is a Management Consultant and Former Director (Finance), Hindustan Paper Corporation (HPC) Ltd. He is also a visiting faculty in many Universities and B-Schools. He has over three decades of professional experience as a Financial and O&M expert in Tata Steel, Greaves Cotton, SAIL, Hindustan Cables Ltd. and Hindustan Paper Corporation (HPC) Ltd. He has contributed twenty articles on management topics to Journals and research bulletins of various professional and management institutes. He has authored six books on various management subjects taught in B-Schools and Universities.

Table of Contents

Preface • Acknowledgements List of Abbreviations 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 Overview5: Money Market 6: Money Market Derivatives 7: Capital Market 8: Primary Market 9: Secondary Market 10: Derivatives Market11: Debt Market 12: Government Securities Market 13: Discount Market14: Financial Guarantees Market PART C: FINANCIAL INSTRUMENTS 15: Capital Market Instruments 16: Money Market Instruments17: 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 REGULATIONS35: Regulation of the Capital Market and the Securities and Exchange Board of India (SEBI) 36: The Reserve Bank of India (RBI) Appendices I: Prudential Norms on Income Recognition, Asset Classification and Provisioning Pertaining to Advances II: SEBI Guidelines on Mutual Funds III: Depositories ActIV: SEBI Regulations for Depositories and Depository Participants (DPs) V: SEBI Regulations for Custodians of Securities VI: SEBI Regulations for Credit Rating Agencies Glossary • Bibliography • Index