Finance constitutes the lifeblood for individuals, firms and institutions. The development of a financial system capable of meeting the varied requirements of entrepreneurs is, therefore, inevitable for the growth of the economy. A vibrant financial system comprising of financial markets, financial institutions and financial services is the basis for the economic development.
The financial system evolves in response to the liberalised and globalised economic environment. Financial markets have been increasingly influenced, in recent times, by the financial innovation in terms of products and instruments, adoption of new technologies, opening up of the market in the global economy, streamlining of regulatory framework and so on.
In this context of changing financial scenario, students of Commerce and Management are in need of a suitable book covering all aspects of latest developments in the financial markets and services.
The present book ‘Financial Markets and Services’ has been brought out to meet the specific requirements of various colleges and universities in Bengaluru.
The book is presented in a simple and lucid style that the readers can understand and assimilate various aspects of financial markets and services. The notable features of various chapters included in this book are highlighted below:
Chapters 1 & 2: outline the financial system and its regulators
Chapter 3: deals with financial institutions
Chapters 4-9: describe the salient features of money market and capital market organisations
Chapters 10-17: comprehensively explain the financial services such as, Merchant Banking, Leasing, Credit Rating, Credit Cards, Mutual Funds, Venture Capital and Discounting and Factoring
Hope this book will serve the needs of Commerce, Management and Banking students.
Contents –
1. The Financial System in India
2. Regulators of Financial System
3. Financial Institutions
4. Financial Market
5. Capital Market
6. Primary Market
7. Stock Market
8. OTCEI, NSE and BSE
9. Depository System
10. Financial Services
11. Merchant Banking
12. Leasing
13. Credit Rating
14. Credit Cards
15. Mutual Funds
16. Venture Capital
17. Discounting and Factori
