Indian Financial System

Indian Financial System by H. R. Machiraju

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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