Dynamics of Indian Financial System 3rd Ed

This book is a comprehensive study of the working operations and transactions of the financial system in India. It provides the methodology of investment and savings in the economy besides the structure of the financial markets institutions and services and the reforms in the financial sector.Salient features:• Provides an overview of the Indian Financial System and the important changes from 2006-2013 related to making the financial structure more efficient for inflow and outflow of funds.• Discusses the reforms in the new issues market and stock market to make it investor friendly.•Presents the promotional role of Reserve Bank of India and how it attempts at liberalization through reforms.• Discusses changes in primary and secondary markets to protect the investor for more efficient and effective trading with latest data and tables and analysis.• Discusses Trends and changes in foreign exchange markets and analysis of financial crisis.• Includes changes in non-bank financial companies small savings provident funds and pension.• Discusses the contribution of Unit Trust of India and mutual funds to India.• All the changes relating to Development Banks have been included in this edition.• Financial services of merchant banking underwriting leasing and higher purchase housing and consumer finance factoring and credit rating have been discussed with the latest developments.The comprehensive package is an attempt to make it a useful book for students and teachers of management and economics chartered accountants and masters in finance. It wouldl also be useful for professionals and help them understand the financial environment in India for conducting business.The book is written in an easy comprehendible style with many objective type questions. Each chapter begins with a chapter plan to allow the reader to know the focus of the chapter. It provides a summary through points recapitulated at the end of each chapter.