TY  - GEN
AU  - DESAI, VASANT
TI  - FUNDAMENTALS OF THE INDIAN FINANCIAL SYSTEM: NEW CHALLENGES, NEW INITIATIVES
SN  - 978-81-8488-486-9
U1  - 332.0954 
PY  - 2010///
CY  - MUMBAI
PB  - HIMALAYA PUBLISHING HOUSE
KW  - FINANCIAL SYSTEM
KW  - INDIA
N1  -     PART ONE FINANCIAL SYSTEM
    The Structure of the Financial System
    Function of the Financial System
    Financial System and Economic Development
    Financial Development Ratios
    Fund Flow Analysis
    Reforms in Financial Sector in India
    PART TWO FINANCIAL INSTITUTIONS
    The Reserve Bank of India
    Functions of Reserve Bank of India
    Monetary Policy and Credit Control
    Commercial Banking
    Non-Banking Financial Intermediaries
    Mutual Funds and Insurance Business in India
    The Insurance Regulatory and Development Authority (IRDA)
    PART THREE FINANCIAL MARKETS
    Role and Structure of the Money Market
    The Capital Market
    The Indian Debt Markets New Issue Market
    New Issue Market
    Call Money Market
    Bills Market
    Foreign Exchange Markets
    PART IV GOVERNMENT AND INDUSTRIAL SECURITIES MARKETS
    Integration of Money and Capital Markets
    Equity and Loan Capital
    Role and Functions of Stock Exchanges
    The National Stock Exchange of India
    Over the Counter Exchange of India
    Discount and Finance House of India
    Securities and Exchange Board of India
    Stock Holding Corporation of India
    Credit Rating in India
    Market for Derivatives
    PART V INTERNATIONAL FINANCE MARKETS
    Nature, Organisation and Participants
    Offshore Financing Instruments
    Role and Functions of the Asian Development Bank 


Appendices
Appendix I
Appendix II
Appendix III


N2  - Financial System is the mirror reflection of an economy. The performance of any economy to a large extent, is dependent on the performance of the financial institution. In such an environment the agility to adopt to emerging dynamics is the deciding the growth of sound financial system. The rules of the game is on Mergers and Acquisitions. The financial services industry is seeing a consolidation, with all segments of players offering of a plethora of services.
In the post liberalisation era, the finance sector is witnessing a complete metamorphosis. Deregulation measures have included the freeing up of direct controls over ownership, liberalising interest rates and credit allocation, deregulating foreign exchange transaction controls, freeing up the entry of new firms, and expanding and broadening the base of the banking system both for nationals and international business ventures. At the same time, non-banking financial institutions, securities markets and money markets have developed to mobilize and allocate savings. Experience suggests that financial liberalisation needs to be undertaken alongside macro-economic reform.
In this context, "Fundamentals of the Indian Financial System" is a subject that is assuming greater importance and is bound to be one of the key topics of discussion during the next two/three decades. This is, as it should be, to consider what sorts of financial institutions will be best suited to be economic environment in the 21st century
UR  - www.himpub.com/manual/pcf160
ER  -