Research and Markets Adds Report: Financial Institutions and Financial Markets in India: Functioning and Reforms

Wireless News
05-06-2011
Research and Markets Adds Report: Financial Institutions and Financial Markets in India: Functioning and Reforms
Type: News

Research and Markets has announced the addition of the "Financial Institutions and Financial Markets in India: Functioning and Reforms" book to its offerings.

In a release, Research and Markets noted that report highlights include:
Finance is the linchpin 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.

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.

The book is organized into 6 parts:

-Part I begins with the role of financial system in economic development. It traces the evolution of India?s financial system since Independence, explains its present structure and describes the role of Reserve Bank of India (RBI) in providing stability to it.

-Part II traces the evolution and the present status of various financial institutions (intermediaries) in India. The areas covered include: commercial banks, regional rural banks (RRBs), urban co- operative banks (UCBs), rural co-operative credit institutions, development finance institutions (DFIs), non-banking financial companies (NBFCs), mutual funds and insurance organisations.

-Part III is devoted to financial markets in India. It focuses on the reforms measures introduced in money market, government securities market, capital market, corporate debt market and foreign exchange market. It also dwells on payment systems, clearing and settlement infrastructure. Integration of financial markets is also discussed.

-Part IV deals with financial instruments, particularly the emergence of derivative instruments in India.

-Part V contains 2 Appendices. Appendix 1 explains at length the techniques and risk management associated with internet banking. Appendix 2 relates to current global financial crisis, its impact on India and policy response by government agencies.

-Part VI contains glossary of money, banking and finance, bibliography and index.

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.

Author:

Dr. (Mrs.) Niti Bhasin is presently Assistant Professor in the Department of Commerce, Delhi School of Economics (DSE), University of Delhi. She did her B.Com. (Hons.) and M.Com. from University of Delhi. Thereafter, she obtained her M.Phil. and Ph.D. degrees from the Department of Commerce, Delhi School of Economics, University of Delhi. She has so far written 8 books including, Foreign Investment in India, 1947-48 to 2007-08 and Banking Developments in India, 1947 to 2007. She has contributed articles on finance-related topics in national and international journals of repute including Foreign Trade Review (New Delhi) and Tax National (Malaysia). She also taught for about 4 years at Shri Ram College of Commerce (SRCC), University of Delhi. Her areas of specialisation include international business, foreign investment, finance and taxation.

Report information:

http://www.researchandmarkets.com/research/e05696/ financial_institut

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