3 Review(s)

This book Financial Markets, Institutions and Financial Services covers all topics of the subject area and is aimed at providing knowledge of financial markets, institutions, the regulatory framework, in a very student-friendly manner. The book introduces the students to the financial system and its components, financial institutions and intermediaries, financial system and economic development along with an introduction to the Indian Financial System. It goes into the depth of financial markets and capital markets. The Central bank, stock exchanges, and debt markets, etc. are well-explained. It also describes financial institutions like commercial banks, development financial institutions, insurance companies, mutual funds, NBFCs, etc. It presents an overview of the financial services industry, along with explaining merchant banking, post and pre-issue management, underwriting and their regulatory framework in India. Topics like leasing, hire purchase, personal and housing finance, venture capital, bank guarantee, letter of credit, factoring, financial counseling, credit rating, etc. are covered in the book. While writing this book, it has been especially kept in mind that complicated and complex concepts are made into pleasurable reading and learning experience, which shall truly help the students in getting complete command over the subject. An attempt has been made to keep the writing style simple and clearly understandable for readers. This book is an attempt to provide an in-depth understanding of the subject to postgraduate and undergraduate students of commerce and allied disciplines. The subject matter of the book has been designed keeping in mind especially the curriculum requirements of M.Com. M.B.A., B.Com. and B.B.A courses of the Universities/Institutions.