The Karnataka State Government under the new dispensation has brought about new curriculum under state education policy. Accordingly, the curriculum for B.Com / BBA / other Under Graduate programmes have been restructured and curved the syllabus for the various programmes. We therefore, earnestly have undertaken to author the book on the title ‘Indian Financial System’. We expect the same patronage from our valued readers as before. Your constructive suggestions helped us to strengthen the content of the syllabus, of course based on the experience and interactions with luminaries in the field.
The book will provide ample insights to the readers about the various concepts, theories, models, challenges, issues, opportunities, skill development and competency building in the dynamic field of Indian Financial System and subsequent amendments. This book provides insights about the complete Indian Financial System to the readers. This book gives the complete overview of the financial system to the readers such as flow of funds in a financial system and how the system contributes to economic development. It is also structured to learn more about different financial systems and their frame work apart from understanding non-banking financial companies (NBFC). This book is very useful for taking financial decisions at an individual level as well as company level.
The first chapter gives introduction to Financial System in India covering the entire structure, instruments, SWOT analysis, Financial Regulators in India. The second chapter dwells on Financial Markets, money markets and capital markets. Chapter three discusses the different types of Financial Intermediaries like banks, NBFCs, Merchant Bankers and Stock Exchanges. Chapter four deals with Financial Instruments, Shares, Debentures,Mutual Funds and so on. Chapter five discusses Financial Services, Fund based and Fee based services, Leasing, Factoring, Forfaiting, Credit Rating and Venture Capital etc.
In the skill development component of the book, Preparation of list of Financial Regulators with their objectives, an informative chart on the structure of Indian Financial System, discussion on the various types of Mutual Funds in India and process of Factoringare discussed elaborately.
Contents –
1. INTRODUCTION TO INDIAN FINANCIAL SYSTEM
Introduction: Meaning of Financial System, Features, Objectives, Components, Structure, Role of Financial System in Economic Development – SWOT of Indian Financial System – Recent trends in Financial Sector in India. Financial Regulators in India (a brief note on Regulators, RBI, SEBI, IRDAI and PFRDAI).
2. FINANCIAL MARKETS
Meaning, Structure, Importance, Functions and type of Financial Markets – Money Market – Meaning, importance and types of money market instruments – Capital Market – Meaning, importance, types of Capital Markets and types of capital market instruments – Primary Market – Meaning, importance and role of primary market in new issues market – Secondary market – meaning, features and role of stock market in stock trading.
3. FINANCIAL INTERMEDIARIES
Meaning, importance, structure, types, functions of Financial Intermediaries in India. Banks – Meaning, Functions and role of banking – Non-Banking Financial Companies – Meaning, functions and role of NBFCs. Merchant Bankers – Meaning, functions and role of Merchant bankers in the Primary Market – Share brokers – Meaning, functions and role of Share brokers in Stock Exchanges.
4. FINAN CIAL INSTRUMENTS
Meaning, importance, types of Financial Instruments – Equity Shares – Meaning and features. Preference shares – Meaning, features and types – Debentures – Meaning, feature and types – Mutual Funds – Meaning, features and types of Mutual Funds.
5. FINANCIAL SERVICES
Meaning, importance and types of Financial Services – Fund based services and Fee based services – Meaning, features and – types. Leasing, Factoring, Forfaiting, Credit Rating and Venture Capital – Meaning, Features and types.
SKILL DEVELOPMENT ACTIVITIES:
1. Prepare a list of Financial Regulators in India with their objectives.
2. Draw the structure of Indian Financial System.
3. Prepare a list of various types of Mutual Funds in India.
4. Draw a chart showing the process of Factoring.