Indian Financial System, 5/e by Bharati V. Pathak

The Indian Financial System: Markets, Institutions and Services, 5/e is a comprehensive text that encompasses new developments in the financial system and discusses various components such as financial markets and institutions, instruments, agencies and regulations in an analytical and critical manner.
The book is divided into four sections, each constituting the various topics under the umbrella of financial systems. It details the relationship between financial system and economic growth, historical perspective of the Indian financial system, objectives of financial sector reforms, elements of financial markets, new financial instruments such as floating rate bonds, zero coupon bonds, securitized paper, etc., management of non-performing assets by banks, factoring and forfaiting, housing finance and leasing and hire purchase to name a few.

About the book
About the book
Contents
Features
Downloadable Resources

All amendments and changes up to June 2017 have been incorporated in this edition. The new guidelines relating to new monetary policy framework, new base rate calculation, money market instruments such as commercial paper, certificate of deposits, repos and tri-repos etc., have been discussed.

· New guidelines relating to capital financing by start-ups, de-listing, external commercial borrowings, foreign portfolio investors, list of securities have been covered.

· Various initiatives taken by the RBI and the government to curb the menace of non-performing assets of the banks have been included. The recent Insolvency and Bankruptcy Code 2016 (IBC) by the government has been simplified for the students.

Fluidity of the language makes it an easy read wherein the text has been made more student friendly by simplifying the context of the topics.

Bharti Pathak, Gujrat University

Part I 1 Financial System

1 The Financial System: An Introduction

2 The Financial System and the Economy

3 R eforms in the Financial System

Part II Financial Markets

4 The Money Market

5 The Capital Market

6 The Primary Market

7 Disinvestment of Public Sector Undertakings

8 The Secondary Market

9 The Derivatives Market

10 The Debt Market

11 N ew Financial Instruments

Part III Financial Institutions

12 Development Financial Institutions

13 Banking and Non-Banking Institutions

14 Management of Non-Performing Assets by Banks

15 Mutual Funds

16 Insurance

Part IV Financial Services

17 Investment Banking

18 Depositories and Custodians

19 Credit Rating

20 Factoring and Forfaiting

21 Housing Finance

22 L easing and Hire Purchase

23 Financial Inclusion and Microfinance

Part V Financial Regulation

24 Financial Regulation

All amendments and changes up to June 2017 have been incorporated in this edition. The new guidelines relating to new monetary policy framework, new base rate calculation, money market instruments such as commercial paper, certificate of deposits, repos and tri-repos etc., have been discussed.

New guidelines relating to capital financing by start-ups, de-listing, external commercial borrowings, foreign portfolio investors, list of securities have been covered.

Various initiatives taken by the RBI and the government to curb the menace of non-performing assets of the banks have been included. The recent Insolvency and Bankruptcy Code 2016 (IBC) by the government has been simplified for the students.

Fluidity of the language makes it an easy read wherein the text has been made more student friendly by simplifying the context of the topics.

Instructor Resources

PowerPoint Slides
	PowerPoint Slides (rar) (7284 KB)