Pathak, Bharati V

Indian financial system : Markets, institutions and services / Bharati V. Pathak - 5th ed. - New Delhi : Pearson, 2018. - 876 pages ; 25 cm.

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

The Indian Financial System: Markets, Institutions and Services is a comprehensive reference book about the financial system. This book is meant for students, professionals, and academicians. It seeks to help the readers hold their own in the modern business scenario. The book is divided into five units. The first unit introduces the economy and the financial system. The second unit covers various concepts of financial markets such as the capital market, the derivatives market, and the debt market. Unit III discusses financial institutions and topics like insurance and mutual funds. The fourth unit focuses on concepts like investment banking, credit rating, housing finance, and micro-finance. The fifth and final chapter discusses financial regulation. Four new chapters, several case studies, chapter summaries, multiple choice questions, and review questions are some of the highlights of this edition. This edition, the third edition, also introduces new concepts like foreign currency exchangeable bonds, auction-based building method, and anchor investors. The content reflects changes in the financial system up to July 2010.

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