We have great pleasure in presenting First edition “Banking, Financial Markets and Services” written for students of UG courses. The related matters are written in a simple and easily understandable.
This volume is an attempt to provide the students with thorough understanding of Banking, Financial Markets and Services. We have presented the subject matter in a systematic manner with liberal use of charts and diagrams where ever necessary so as to make it interesting and sustain students’ interest.
Contents –
Unit – 1 Overview of Indian Financial System
Introduction
Indian Financial System
Meaning of Indian Financial System
Structure of Indian Financial System
Role of Indian Financial System in the Economic Development
Review Questions
Unit – 2 Indian Banking Sector and RBI
Introduction
Meaning of a Bank
Types of Banks
Central Bank
Cooperative Banks
Commercial Banks
Regional Rural Banks (RRB)
Local Area Banks (LAB)
Specialized Banks
Small Finance Banks
Payments Banks
RBI
Functions of RBI
Monetary Policy of RBI
Commercial Banks
Functions of Commercial Banks
Role of Banks in the Economic Development and Financial Inclusion
Review Questions
Unit – 3 Banking Products and Services
Introduction
Banking Products
Meaning of Banking Products
Classification of Banking Products
Deposit Products
Savings Account
Current Account
Fixed Deposits (FDs)
Recurring Deposits
Loan and Credit Products
Retail Loans
Personal Loans
Home Loans
Auto Loans
Consumer Durable Loans
Corporate Loans
Term Loans
Working Capital Financing
Project Financing
Syndicated Loans
Export Credit
Digital Payment Systems
Meaning
Modes of Digital Payments
UPI
Mobile Wallets
EFT
NEFT
RTGS
IMPS
Advantages of Digital Payment System
Disadvantages of Digital Payment System
Review Questions
Unit – 4 Financial Markets
Introduction
Meaning of Financial Markets
Functions of Financial Markets
Classification of Financial Markets
Capital Market
Meaning of Capital Market
Features of Capital Market
Capital Market Instruments
Equity Shares
Preference Shares
Debentures and Hybrid Instruments
Money Market
Meaning of Money Market
Features of Money Market
Money Market Instruments
T-Bills
Commercial Paper
Certificates of Deposit
Call Money
Notice Money
Money Market Vs Capital Market
Role of SEBI in the Indian Capital Market
Review Questions
Unit – 5 Financial Services
Introduction
Meaning of Financial Services
Types of Financial Services
Leasing
Meaning of Leasing
Types of Leasing
Operating Lease
Financial Lease
Advantages of Leasing
Hire Purchase
Meaning of Hire Purchase
Features of Hire Purchase
Differences between Leasing and Hire Purchase
Venture Capital
Meaning of Venture Capital
Features of Venture Capital
Stages of Venture Capital Funding
Merchant Banking
Meaning of Merchant Banking
Features of Merchant Banking
Services Offered
Portfolio Management Services
Meaning of Portfolio Management Services
Types of Portfolio Management Services
Discretionary Service
Non-Discretionary Service
Credit Rating
Meaning of Credit Rating
Agencies Involved
CRISIL
ICRA
Importance of Credit Rating
Review Questions
Skill Development Activities