EMERGING ISSUES AND CHALLENGES OF FINANCE IN 21ST CENTURY(English, Hardcover, Prof. Kulwant Singh Pathania, Dr. Suneel Kumar)
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In the 20th century finance was considered as a part of economicsbut today the entire scope of finance is changed and givenmuch more importance. In the 21st century finance is not merelyconcerned with procurement and utilization of funds but beyondthat. The banks have gone with process of dis-intermediationi.e. a greater share of financial intermediation is now takingplace through tradable securities. MNCs can raise finance frominternational capital market easily to finance merger andacquisitions. Finance and financial planning both are veryimportant for the economic development of any country. Todaythere are various avenues such as pension funds, mutual funds,SIPs and ETFs available where we can park our funds. Thedealings in derivatives are also there in the stock markets suchas currency futures, call option and put option are availablein the stock market. These financial products allow investorsto carry out deals in futures. The book contains eighteen chapterson issues like FDI and its impact on Indian economy, MicroFinance Institutions in India, Green Banking, CSR, Mutual Fundsin India, Analyses of Financial Soundness of Banks,Determinants of Capital Structure decisions, Acceptance ofIncome Tax E- Filing, Effect of Frauds on the Working of Banks,Trends and Growth of E-Tailings, Road Traffic Management,Women Entrepreneurship and Role of Non-Farm Sector in RuralDevelopment of India. The book will be helpful to themanagement graduates, academicians and also to the studentsaspiring to make accounting, banking and finance as a career.The editors will be happy to inculcate the suggestionsfrom the readers to upgrade the book in the future.