We have great pleasure in presenting First edition “Indian Financial System” written for students of UG courses. The related matters are written in a simple and easily understandable.
This volume is an attempt to pro vide the students with thorough understanding of Indian Financial System. 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 –
Module – 1 Introduction to Indian Financial System
Introduction
Concept of Financial System
Components of Financial System
Meaning of Financial System
Functions of Financial System
Structure of Financial System
Financial Markets
Money Market
Capital Market
Forex Market
Financial Institutions
Banks
NBFCs
Asset Management Company (AMC)
Financial Instruments
T-Bills
Commercial Papers
Derivatives
Delivery and Non-Delivery Contracts in Capital Market
Regulatory Bodies
RBI
SEBI
IRDAI
PFRDA
Impact of Digital Rupee (e `) on Traditional Banking
Rise of Fintech and Shadow Banking
Case Study: Paytm Payments Bank Transition
Review Questions
Module – 2 Money Market & Capital Market
Introduction
Money Market
Meaning of Money Market
Instruments
Call Money
T-Bills
CPs
CDs
Participants
Capital Market
Primary vs Secondary Market
Stock Exchanges
NSE
BSE
SEBI Regulations
Recent Reforms (T+1 Settlement, ASBA)
Adani-Hindenburg Case: Market Volatility & SEBI’s Role
IPO Boom in India (2021-2023)
Review Questions
Module – 3 Banking & Non-Banking Institutions
Introduction
Banking System
Structure
Commercial Banks
RRBs
Payment Banks
RBI’s Monetary Policy Tools:
Repo Rate
Reverse Repo Rate
CRR
SLR
Income Recognition
Asset Classification (Standard- Sub-Standard-Doubtful and Loss Assets)
Punjab and Maharashtra Cooperative Bank(PMC)
Crisis-NBFCs
Types of NBFCs
Regulations of NBFCs
Role in Financial Inclusion
Neo-Banks vs Traditional Banks (Fi vs SBI)
Review Questions
Module – 4 Financial Regulators & Insurance
Introduction
Regulators
RBI
SEBI
IRDAI
PFRD
Functions of Interventions
Recent Interventions
Insurance Sector
Life & General Insurance
ULIPs
Micro Insurance
Deposit Insurance Reforms
Deposit Insurance & Credit Guarantee Corporation(DICGC)
Pension System
NPS
Atal Pension Yojana
LIC IPO
Disinvestment Policy
IRDAI’s “Bima Sugam”
Review Questions
Module – 5 Contemporary Challenges
Introduction
Emerging Trends
Green Finance (Sustainable Bonds)
AI in Fraud Detection
CBDCs
Challenges
NPAs
Cyber Security Risks
Crypto Regulation
Review Questions