Description:

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 33 chapters organised into six parts.

NEW TO THE SECOND EDITION

• Provides conceptual knowledge on some global debt instruments currently used viz. Masala Bonds and Green Bonds.

• Gives latest information about merger of public sector banks in recent times.

• Includes information regarding Basel III-Pillar III Disclosure requirements.

• Provides important information on Indian Banking-current trends, challenges and future for growth.

• Includes information about government's initiative to prevent increase of NPAs.

• Provides latest information on government's initiative for Total Financial Inclusion (TFI) & Micro Financing and status of micro finance in India.

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.

• Incorporates pedagogical tools, such as tables, figures, appendices, review questions, and MCQs wherever necessary.

• Includes an exhaustive glossary of terms to explain the core concepts.

• PowerPoint slides available online at http://phindia.com/das-financial-system-in-india for instructors to support integrated teaching and learning.

• Accompanying solution manual containing answers to the MCQs and Numerical Problems.

TARGET AUDIENCE

• BBA / M.Com

• B.Com / M.Com

• Professional courses — ICAI, ICMAI, ICSI, ICFAI, and CAIIB