Pt. I. The background. 1. Financial systems and economic development. 2. Indian financial system --an overview pt. II. Financial markets. 3. Functions and organisation. 4. Regulatory framework. 5. Primary market organisation: intermediaries. 6. Primary market organisation: activities. 7. Secondary market organisation. 8. Stock market trading. 9. Money market organisation -- pt. III. Financial intermediaries. 10. Commercial banks and industrial finance: the evolving role. 11. Bank credit and working capital finance. 12. Management of bank funds. 13. Non-banking financial companies. 14. Mutual fund. 15. Unit trust of India. 16. Insurance organisations. 17. Development finance institutions -- pt. IV. Financial instruments/assets. 18. Financial assets/instruments -- pt. V. Private foreign and non-resident Indian investment. 19. Foreign capital. 20. Non-resident Indian investment.