Description

Indian Financial System provides a comprehensive overview of the structure, functions, and dynamics of the financial system in India. This textbook examines the institutions, markets, regulations, and policies that shape the Indian financial landscape and support economic development. The book begins by exploring the foundational components of the Indian financial system, including the Reserve Bank of India (RBI), commercial banks, non-banking financial companies (NBFCs), financial markets (such as equity, debt, and foreign exchange markets), and financial instruments (like stocks, bonds, derivatives). "Indian Financial System" covers key aspects such as monetary policy formulation, financial inclusion initiatives, and the role of financial intermediaries in mobilizing savings and channeling funds towards productive investments. It discusses the regulatory framework governing the financial sector, including banking regulations, securities laws, and insurance regulations. Through case studies and empirical evidence, this textbook offers insights into the challenges and opportunities facing the Indian financial system, including issues related to financial stability, reforms, and globalization. It serves as an essential resource for students, researchers, policymakers, and practitioners interested in understanding the intricacies of India's financial system and its impact on economic growth and stability.