Indian Financial SystemIndian Financial System explains the changing dimensions of the country s financial set-up owing to the financial sector reforms. The book assesses the Indian financial system in the light of contemporary changes that have taken place in financial markets, mutual funds industry, insurance and banking sectors etc. The book provides a sound theoretical foundation, giving a clear conceptual understanding of the subject. It gives a complete picture of the structure, operations and functions of various components of the Indian financial system. Every chapter in the book begins with the objectives of learning and is followed by objective, analytical and essay-type questions. The book would be useful for graduate and postgraduate level students of commerce, management and economics |
Contents
FINANCIAL SYSTEM | 1 |
COMMERCIAL BANKS | 22 |
Meaning and Role of Financial Institutions | 48 |
State Industrial Development Corporations SIDCs | 58 |
Life Insurance Corporation of India | 76 |
EXIM Bank of India | 92 |
Common terms and phrases
ATMs Bank of India banking system borrowers call money market capital market cash cent central bank central government cheques Close-ended schemes commercial banks commercial paper computerization Corporation of India credit cards crores customers debentures debit card deposits Directors discount economy efficient Electronic equity established exchange EXIM Bank financial institutions financial instruments financial intermediaries financial markets financial services functions government securities growth IDBI income increased Indian banks Indian financial system industry insurance companies insurance sector interest rates investment investors IRDA issue Jeevan lakhs lending liquidity loans and advances marks questions mobilization monetary policy mutual fund companies mutual funds NABARD non-banking institutions objectives open-ended scheme operations payments profitability promote ratio regulate requirements Reserve Bank role RRBs savers savings SEBI securities market SFCs shares short-term funds smart cards transactions transfer treasury bills Trust of India Unit Trust virtual banking