include index.

PART I: INTRODUCTION
1. Financial System
PART II: FINANCIAL FRONTIERS
2. Banking: Products, Services and Functioning
3. Risk Management in Banks
4. Non-banking Financial Companies
5. Money Market
6. Capital Market
PART III: FUND-BASED CLASS
7. Insurance
8. Mutual Funds
9. Plastic Money
10. Home Loans
11. Leasing and Hire Purchase
12. Factoring and Forfaiting
13. Securitisation
14. Venture Capital
PART IV: FEE-BASED CLASS
15. Merchant Banking/Investment Banking and Depositories
16. Credit Rating
17. Corporate Restructuring
18. Barter Exchange
PART V: CUSTOMER CENTRICITY
19. Marketing of Financial Services
APPENDICES: TIME VALUE OF MONEY TABLES
Index

Financial system is the backbone of any economy. During the last few years, India, with its strong financial system, has emerged as one of the fastest growing economies in the world. Today, with the financial sector experiencing an unprecedented boom due to increasing globalisation, the subject of this book has become more important than ever before. In view of the inevitable importance of financial system globally and in India, the present book provides an up-to-date overview of the Indian financial system and an elaborative discussion on its three inter-woven wings of financial markets, institutions and services. Supported by various teaching aids including cases, projects, objectives and review questions, this is a complete book on the subject which covers conventional as well as contemporary topics, besides cultivating a clear understanding of the basic concepts and practices of the constituents of financial system.

Primarily designed for postgraduate and undergraduate students of management and allied disciplines of commerce, finance and economics, it is equally useful to the business managers and corporate leaders who would like to be well versed with the basic concepts and mechanism of financial system for achieving professional and personal growth.