The Indian Financial System: Markets, Institutions and Services (Old Edition)

Description

Description The Indian financial system is a complex amalgamation ofvarious institutions, markets, regulations and laws, analysts,transactions, claims and liabilities. This book not only thoroughlyengages with these important aspects of financial system as thebedrock of the book, but also helps students, academicians andprofessionals to survive and thrive in today's competitive businessenvironment. This edition has been substantially revised, with newchapters, incorporation of the latest amendments and changes, andimportant discussions on topics like risk management, systematicinvestment plans, reverse mortgage loans and financial inclusion. Addition of four new chapters: 'Investment Banking', 'Leasing and Hire Purchase', 'Financial Inclusion' and 'Micro Finance and Housing Finance' Incorporation of all changes and amendments up to July 2010 Inclusion of new concepts such as anchor investors, ASBA, auction-based building method, foreign currency exchangeable bonds, residential mortgage backed securitization. Discussion on risk management in banks and US Subprime mortgage crisis and its impact on the Indian financial system. Inclusion of case studies in several chapters. Inclusion of pedagogical tools like chapter learning objectives, boxes, tables, chapter summaries, key terms, review questions and multiple-choice questions. UNIT 1 FINANCIAL SYSTEM The Financial System: An Introduction The Financial System and the Economy Reforms in the Financial System UNIT II FINANCIAL MARKETS The money market The capital market The primary market Disinvestment of Public Sector Undertakings The secondary market The Derivatives market The Debt Market New financial instruments UNIT III FINANCIAL INSTITUTIONS Development financial institutions Banking and non banking institutions Management of Non-performance Assets Mutual Funds Insurance UNIT IV FINANCIAL SERVICES Investment banking Depositaries and custodians Credit Rating Factoring and Forfaiting Housing Finance Leasing and