Indian Financial System

The eighth edition of this leading textbook on indian financial system is aimed at reflecting the current regulatory and policy developments in the financial system in india. It comprehensively covers the significant developments till march 2013.featuresdiscussion on institutional placement programmed and rights issues of idrs under the section on qualifiedinstitutional placement and issue of idrscompletely re-written section on regulatory framework for issue of commercial papersrbi's guidelines on transfer of assets through securitization and direct assignment of cash flows, 2013rbi's nbfc micro finance institutions directions, 2012 and rbi's cics overseas investment directions, 2012infrastructure debt fund schemes of sebi in section dealing with the regulatory mechanism for mutual fundoperationsissuance of capital by life insurance companies regulation, 2012completely re-written framework on fdi policytable of contentspart i: the background1. Financial systems: functions and structure or organization2. Indian financial system, an overviewpart ii: financial markets3. Functions and organization4. Regulatory framework5. Listing regulations6. Primary market organization, intermediaries7. Primary market organization, activities or procedures8. Secondary or stock market organization9. Money marketspart iii: financial intermediaries10. Prudential and exposure norms relating to credit or advance and investment portfolios of banks11. Management of non-performing assets12. Prudential norms relating to capital adequacy, basel ii framework13. Risk management in banks14. Non-banking financial companies15. Mutual funds: regulations and operations16. Insurance organizationpart iv: capital market or instruments17. Capital market instrumentspart v: private foreign investment18. Foreign direct investments19. Other forms of foreign investment in india or abroad