Download or read book Money and Financial Systems Latest Edition written by Dr. V. C. Sinha and published by SBPD Publishing House. This book was released on 2020-09-22 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: Money and Financial Systems by Dr. V. C. Sinha and Dr. J. C. Varshney is a publication of SBPD Publishing House, Agra. This book is addressed to the students of monetary economics. Much of the discussion in the book relates to the financial institutions, theory of money and credit supply and monetary and credit policy. In the 1990’s, the economic reforms were started in the Indian economy and financial sector reforms were the key to these reforms. Therefore, in the past one decade or more, the financial sector in India has undergone historical changes. The authors have tried to incorporate all those changes in the book and have given the latest picture of the financial sector to the students.
Download or read book Indian Financial System written by D. K. Murthy and published by I. K. International Pvt Ltd. This book was released on 2013-12-30 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: Indian 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
Download or read book Indian Financial Sector written by Rakesh Mohan and published by International Monetary Fund. This book was released on 2017-01-20 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper traces the story of Indian financial sector over the period 1950–2015. In identifying the trends and turns of Indian financial sector, the paper adopts a three period classification viz., (a) the 1950s and 1960s, which exhibited some elements of instability associated with laissez faire but underdeveloped banking; (b) the 1970s and 1980s that experienced the process of financial development across the country under government auspices, accompanied by a degree of financial repression; and (c) the period since the 1990s till date, that has been characterized by gradual and calibrated financial deepening and liberalization. Focusing more the third period, the paper argues that as a consequence of successive reforms over the past 25 years, there has been significant progress in making interest and exchange rates largely market determined, though the exchange rate regime remains one of managed float, and some interest rates remain administered. Considerable competition has been introduced in the banking sector through new private sector banks, but public sector banks continue have a dominant share in the market. Contractual savings systems have been improved, but pension funds in India are still in their infancy. Similarly, despite the introduction of new private sector insurance companies coverage of insurance can expand much further, which would also provide greater depth to the financial markets. The extent of development along all the segments of the financial market has not been uniform. While the equity market is quite developed, activities in the private debt market are predominantly confined to private placement form and continue to be limited to the bluechip companies. Going forward, the future areas for development in the Indian financial sector would include further reduction of public ownership in banks and insurance companies, expansion of the contractual savings system through more rapid expansion of the insurance and pension systems, greater spread of mutual funds, and development of institutional investors. It is only then that both the equity and debt markets will display greater breadth as well as depth, along with greater domestic liquidity. At the same time, while reforming the financial sector, the Indian authorities had to constantly keep the issues of equity and efficiency in mind.
Download or read book India s Banking and Financial Sector in the New Millennium written by Raj Kapila and published by Academic Foundation. This book was released on 2001 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: Eminent economists, financial experts, and top bankers are the authors of the essays collected within these two volumes, which present a concise and authoritative overview of some of the latest and the most challenging issues facing India's financial sector in the 21st century.
Download or read book The Indian Financial System Markets Institutions and Services written by Bharati V. Pathak and published by Pearson Education India. This book was released on 2010 with total page 816 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book India s Financial System written by Mr. Alfred Schipke and published by International Monetary Fund. This book was released on 2023-07-06 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: India has experienced a prolonged period of strong economic growth since it embarked on major structural reforms and economic liberalization in 1991, with real GDP growth averaging about 6.6 percent during 1991–2019. Millions have been lifted out of poverty. With a population of 1.4 billion and about 7 percent of the world economic output (in purchasing power parity terms), India is the third largest economy—after the US and China. As such, developments in India have significant global and regional implications, including via spillovers through international trade and global supply chains. At the same time, India’s economic development has not been linear and has been impacted by external and domestic shocks, some directly related to the financial sector. Indeed, India was not spared from external regional and global shocks, such as the Asian financial crisis (1997), the global financial crisis (2008), and more recently, the devastating impact of the COVID-19 pandemic (from 2020) and the war in Ukraine (2022). The economy has also been hit by domestic shocks. The book covers how to strengthen the financial system to support growth and reduce vulnerabilities by discussing the linkages between the financial sector and growth, improvements in bank lending to foster productivity, and measures to further develop India’s corporate bond market. The book reflects on India’s success in leveraging digitalization to foster financial inclusion and highlights how the financial system can help to address climate issues. This book digs deeper into the various facets of India’s financial sector to understand its strengths and opportunities and to elicit policy actions that could help the financial sector better support India’s growth potential.
Download or read book THE FINANCIAL SYSTEM IN INDIA written by DAS, SUBHASH CHANDRA and published by PHI Learning Pvt. Ltd.. This book was released on 2015-08-31 with total page 1266 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive book critically examines and presents in detail, a conceptual framework on various components/structures of a formal financial system which includes financial institutions, financial markets, financial instruments/securities, financial services, financial regulations and regulatory authorities. It brings to its readers the ever-changing organisational, structural, institutional, regulatory and policy developments in the financial sector of India. The book contains 36 chapters divided in 6 parts. Part A, Financial System, comprising 3 chapters, provides an overview of the Indian financial system, economic development and the financial sector reforms in India. Part B, Financial Markets contains 11 chapters to provide an in-depth analyses of different elements of Indian financial markets. Part C, Financial Instruments comprises 3 chapters to deal with instrumentation side of the financial system. Part D, Financial Institutions, includes 7 chapters to provide an in-depth knowledge about institutions functioning in the financial system. Part E, Financial Servicescomprises 10 chapters to put readers’ attention towards financial services that do facilitate the components of core financial system. Part F, Financial Regulationsincludes 2 chapters to deliberate on the financial regulations and the role of regulatory authorities. The book is designed as an essential textbook for a course on Indian Financial System for both undergraduate and postgraduate students of management, economics, finance and commerce as well as other related professional courses, like ICAI, ICWAI, ICSI, ICFAI, and CAIIB. Key features • Includes Basel norms to manage risk in commercial banks. It also contains various current topics for the convenience of the readers. • Highlights changes and amendments brought in within the rules, regulations, and guidelines, made by the authorities, like SEBI and RBI. • Incorporated with pedagogical tools, such as tables, figures, appendices, review questions, and MCQs (on selected topics). • Solution manual containing answers to the MCQs and Numerical Problems is available on demand. • Includes an exhaustive glossary of terms to explain the core concepts. • PowerPoint slides available online at http://phindia.com/das-financial-system-in-india to provide integrated learning to the students.A
Download or read book Reforming the International Financial System for Development written by Jomo Kwame Sundaram and published by Columbia University Press. This book was released on 2011-01-17 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 1944 Bretton Woods conference created new institutions for international economic governance. Though flawed, the system led to a golden age in postwar reconstruction, sustained economic growth, job creation, and postcolonial development. Yet financial liberalization since the 1970s has involved deregulation and globalization, which have exacerbated instability, rather than sustained growth. In addition, the failure of Bretton Woods to provide a reserve currency enabled the dollar to fill the void, which has contributed to periodic, massive U.S. trade deficits. Our latest global financial crisis, in which all these weaknesses played a part, underscores how urgently we must reform the international financial system. Prepared for the G24 research program, a consortium of developing countries focused on financial issues, this volume argues that such reforms must be developmental. Chapters review historical trends in global liquidity, financial flows to emerging markets, and the food crisis, identifying the systemic flaws that contributed to the recent downturn. They challenge the effectiveness of recent policy and suggest criteria for regulatory reform, keeping in mind the different circumstances, capacities, and capabilities of various economies. Essays follow ongoing revisions in international banking standards, the improved management of international capital flows, the critical role of the World Trade Organization in liberalizing and globalizing financial services, and the need for international tax cooperation. They also propose new global banking and reserve currency arrangements.
Download or read book Money and Financial Systems SBPD Publications written by Dr. Satish Kumar Saha and published by SBPD Publications. This book was released on 2021-12-29 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: PART-A : MONEY 1. Definition and Functions of Money, 2. Nature and Importance of Money, 3 . Classification of Money, 4. Supply of Money and High Powered Money, 5. Gresham’s Law, 6. Value of Money and Index Number, 7. Quantity Theory of Money, 8. Inflation and Deflation, 9. Finance : Meaning, Role, Objectives and Kinds, 10. Financial System : Meaning, Components and Importance, 11. Financial Intermediaries, 12. Financial Market : Instrument and their Functions. PART-B : BANKING & FINANCIAL SYSTEM 1. History of the Development of Indian Banking System, 2 . Bank : Definition and Functions, 3. Classification and Importance of Banks, 4. Organisation of commercial Banks, 5. State Bank of India, 6. Investment Policy of Commercial Banks, 7. Defects and Economic Reforms of Indian Banking System, 8. Electronic Banking, 9. Credit, Credit Instruments and Credit Creation, 10. Indian Banking Legislation Banking Regulation Act, 1949, 11. Regional Rural Banks, 12. Co-operative Banks, 13. National Bank for Agriculture and Rural Development- NABARD, 14. Central Banking or Apex Banking, 15. Reserve Bank of India, 16. Credit Control Polity of the Reserve Bank of India, 17. Monetary Policy, 18. Institutional Financial Institutions, 19. Institutional Financial Institutions, 20. International Monetary Fund, 21. World Bank and other International Financial Institutions, 22. Interest Rates, 23. Inflation and Interest Rates in India, 24. Problems and Policies of Allocation of Institutional Credit, 25. Operations of Conflicting Pressure before and after Bank Nationalisation.
Download or read book Indian Financial System written by M. Y. Khan and published by Vikas Publishing House Private. This book was released on 1980 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Revisiting the Indian Financial Sector written by Paramita Mukherjee and published by Springer Nature. This book was released on 2022-01-24 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides perspectives on the latest developments and pertinent issues in the Indian financial sector in current times. The reforms initiated in the nineties in the financial sector have transformed the way financial markets and institutions function today. However, certain sectors like banking, and markets like the capital market have undergone sea changes. The research contributions in this book focus on the issues pertaining to such sectors like banking, NBFCs and the stock market. The opening up of financial markets and emergence of institutional investors have been a significant phenomenon in the Indian context. At this backdrop of increasing financial integration, the impact of financial liberalisation on the overall development of the sector, and how the global policies and events influence the Indian financial sector, are analysed in the book. The emergence of new regulations in the capital markets to instill more discipline and transparency, have also changed the way corporates take financing decisions. For example, regulatory authorities are continuously reviewing norms pertaining to issues like promoters’ shareholding owing to risks arising from excessive leverage and the linkages between financial intermediaries. Corporate governance, environmental aspects are some important additions in corporate financing norms in the recent past. The book incorporates a discussion on this, too. Apart from these, the book also has incorporated several aspects on an emerging concept called financial inclusion, its measurement and constraints to achieve the same. And finally, at the backdrop of the disruption created by the COVID-19 pandemic, the impact on the Indian capital market is also discussed. Contributions are based on rigorous empirical research and incorporate the perspectives of renowned academicians in the field of finance and financial economics across the country. Apart from the research community, this book will also be helpful for financial analysts working in the financial sector to have some idea about the current issues, the direction of research on those issues and different perspectives on them.
Download or read book Capital Market and Financial System in India written by Asheesh Pandey and published by . This book was released on 2014-01-01 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial system of a country promotes savings by providing a wide variety of financial assets to the general public. Savings collected from the household sector are pooled together and allocated to various sectors of the economy for raising production levels. If the allocation of credit is judicious and socially equitable, it can help achieve the twin objectives of growth and social justice. An understanding of financial markets -- as part of the financial system -- is important as they are at the core of the transmission mechanism of monetary policy. In India, financial markets have been developed with a specific emphasis on increasing allocative efficiency of resources and promoting financial stability. Financial markets in India comprise, in the main, money market, Government securities market, capital market, corporate debt market, credit market, and foreign exchange market. Capital market plays a very important role in the development of financial system of any economy. It is a market where financial assets such as equities/debts are traded over a long period of time. Although the capital market in India has a long history, it remained on the periphery of the financial system for a long time. Various reforms undertaken since the early 1990s by the Securities and Exchange Board of India (SEBI) and the Government have brought about a significant structural transformation in the Indian capital market. As a result, the Indian equity market has become modern and transparent. The equity market has witnessed widespread development in infrastructure and its functioning is comparable to international standards. It has seen significant increase in growth and diversity in composition since early 1990s.
Download or read book Indian Financial System written by Rahul B. Chauhan, MBA., M.Com., PhD, Andino Maseleno, S.T, M. Eng, PhD dan Dr. Fauzi, S. E, M.Kom, M.E, Akt., CA., CMA and published by Penerbit Adab. This book was released on with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Judul : Indian Financial System Penulis : Rahul B. Chauhan, MBA., M.Com., PhD, Andino Maseleno, S.T, M. Eng, PhD dan Dr. Fauzi, S. E, M.Kom, M.E, Akt., CA., CMA. Ukuran : 15,5 cm x 23 cm Tebal : 168 Halaman No ISBN : 978-623-497-004-3 Tahun Terbit : Agustus 2022 SINOPSIS INTRODUCTION The capital market encourages economic growth. The various institutions which operate in the capital market give quantities and qualitative direction to the flow of funds and bring rational allocation of resources. A well-developed capital market comprising expert banking and non-banking intermediaries brings stability to the value of stocks and securities. A financial system is a composition of various institutions, markets, regulations and laws, practices, money managers, analysts, transactions, and liabilities. This book thoroughly describes the Indian financial system. The Indian Financial System is organized in five parts, consist of: The Indian Financial System, Indian Money Market, Indian Capital Market, and Fee-Based Financial Services. In addition, important topic and depth discussion of the Indian Financial System includes the following: • Constituents of financial system • Functions of the Indian financial system • Role of the money market in economy • Producing information and allocating capital • Capital market in India This book offers a comprehensive and well-crafted topic the Indian Financial System. This book is also suitable for readers interested in learning about money, banking, and the financial system in the context of contemporary events, policy, and business. Researcher and students can selectively read this book for their references and studies.
Download or read book Financial System and Financial Institutions in India written by Benson Kunjukunju and published by . This book was released on 2012 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finance is the mainstay of any development strategy. The financial system promotes savings by providing a wide variety of financial assets to the general public. Savings collected from the household sector are pooled together and allocated to various sectors of the economy for raising production levels. If the allocation of credit is judicious and socially equitable, it can help achieve the twin objectives of growth and social justice. Financial institutions (intermediaries), which provide a meeting ground for the savers and the investors, form the core of India's financial sector. Through mobilisation of resources and their better allocation, financial intermediaries play an important role in the development process of underdeveloped countries. The present book explains and examines at length the changes which have swept India's financial sector since Independence in 1947, with focus on post-1991 period. In the main, the book deals with the functioning of financial institutions, covering the following ones: Reserve Bank of India, Commercial Banks, Development Finance Institutions (DFIs), State Level Financial Institutions, Specialized Financial Institutions, Investment Institutions, Specialized Public Guarantee Institutions, Regional Rural Banks (RRBs), Co-operative Banks, Non-banking Finance Companies (NBFCs), Merchant Banking, Venture Capital Companies, Mutual Funds, Lease Financing Companies, Hire Purchase Companies and Insurance Organizations. Each chapter ends with two lists of questions: (a) short answer type questions and (b) essay type questions. The book is designed to interest a cross-section of readers, viz. teachers and students of economics, commerce, law, public administration, business management, chartered accountancy and company secretaryship. It will also serve the needs of legislators, business executives, entrepreneurs and investors, and others interested in financial sector developments in India.
Download or read book Indian Financial System written by V.K. Bhalla and published by . This book was released on 1998-01-01 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: Indian Financial System Is One Of The Largest In The World With A Broad Variety Of Banking, Financial And Capital Market Institutions And Instruments.What Kind Of Structural Changes In The Indian Financial System Are Required To Cope With An Increasing Complex And Faster Moving International Economic And Financial Environment? Some Of The Important Issues In The Context Of Financial Sector Are: (1) Is There Any Need Of Heavy Reforms In Financial Sector Alongwith The Adjustment Process?; (2) Is It Necessary That The Reforms Should Be Supplemented By Significant Inflow Of Foreign Direct Investments?; (3) Is The Internal Adjustment Progress (For The Promotion Of Exports) More Important Than The Package Of Dfl, Imported Technology And Enhanced Productivity?; (4) Is There Any Relationship Between Inefficiency And Adjustment Process?; And, Finally, (5) Is Technical Process Pre-Requisite For The Success Of Adjustment Process? Adequate Attention To These May Effectively Take Care Of The Distortions On The Financial Side And The Process Of Reforms May Be Smooth, Politically And Administratively Sustainable And Bring The Desired, Effective And Quick Results By Making The Indian Financial System Vibrant And Competitive, A Necessary Concomitant Of Trade And Industrial Policy Liberalization.Indian Financial System Analyses The Initiatives Aimed At Developing A Healthy, Efficient And Market-Oriented System By Deregulating Interest Rates, Development Of Market Instruments For Pricing Public Debt And Bank Loans, Upgrading Of India S Regulatory And Accounting Standards To International Norms, Adjustments In Monetary And Financial Policies, And Exchange Rate Management For An Increasingly Liberalised And Open Economic And Financial Environment.
Download or read book Indian Financial System written by Niti Bhasin and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the changes which have swept India's financial sector since the country's independence in 1947, with a focus on the post-1991 period. Divided into four thematic sections, the book includes the following: Part I (the history, the reforms, and the regulation of the financial sector in India) * Part II (the functioning of various types of financial institutions: urban and rural banks, cooperative credit institutions, development finance institutions, non-banking financial companies, mutual funds, pension funds, and insurance organizations) * Part III (financial markets in India, with a focus on the reforms measures introduced into the money market, the government securities market, the capital market, the corporate debt market and foreign exchange market) * Part IV (financial instruments, particularly the emergence of derivative instruments in India).
Download or read book The Indian Financial System written by V. K. Subramanian and published by New Delhi : Abhinav Publications. This book was released on 1979 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Indian Financial System Is A Lucid Exposition Of The Various Facets Of Indian Public Finance, Tracing Its History From The Mauryan Era Through The British Period To Modern Times. Within The Compass Of Its Two Hundred And Thirty-Three Pages, One Gets A Glimpse Of The Fiscal Set-Up In India: The Constitutional Provisions, The Principles And Procedures Of Budget-Making, The System Of Governmental Accounting, The Role Of Audit In A Democratic Set-Up, The Exercise Of Parliamentary Financial Control Through Parliamentary Financial Committees, The Feature Of The Indian Federal Fiscal System, The Recommendations Of The Various Finance Commissions, The Sectoral Allocations And Sources Of Financing The Various Five-Year Plans, The Growth Of The Indian Public Sector, Policies And Patterns Of Taxation, The Rationale Of Public Debt In Fiscal Policies, The Role Of The Reserve Bank In Monetary Control, Financial Institutions And Developmental Banking, The Financial Problems Of Rural India And Their Solutions, Balance Of Payments, Foreign Trade And Exchange Control Policy, Etc. The Book Will Be An Invaluable Guide To Everyone Seeking To Understand The Vast Panorama Of Indian Public Finance. Born In 1930 In Kerala (India), Vadakaymadom Krishnaiyer Subramanian, The Author Of Several Books, Is A Keen Student Of Indian Affairs, Ancient And Modern. An Eminent Sanskrit Scholar, He Has Translated Several Ancient Indian Sanskrit Texts Into English. His Publications In This Regard Include Rudaprasna, Sivananda Lahari, Saundaryalahari And Maxims Of Chanakya. He Has Just Completed A Mammoth Work, Siva-Sakti. Subramanian Has Also Written Several Works Of Fiction, Which Include Lali And Other Short Stories, Love-Twigs, And A Bond To Sorrow. His Book On Astrology And Planets, Planets, Palms And Predictions, Is A Highly Popular Publication.
