Today, with the financial sector experiencing an unprecedented boom due to a variety of factors such as liberalisation, globalisation and consumer spending, the subject of this book has become more important than ever before. And this book compresses, within the covers of a single volume, the entire gamut of financial markets, institutions and financial services. Divided into three parts— Part I on Financial Markets deals with different Indian and global money markets, and primary and secondary markets. It also covers stock exchanges and their trade mechanism, foreign exchanges, as well as capital markets and their regulations; Part II, Financial Institutions covers diverse banking and non-banking institutions and their legislation; Part III, Financial Services discusses about the financial services which include mutual funds, lease financing, securitisation, and credit and debit cards. KEY FEATURES : A unique attempt to comprehensively analyse, within a single volume, the working of the three pillars of the financial system—financial markets, financial institutions, and financial services. Gives updated and latest financial data and related information on the subject. Provides tables and diagrams to illustrate the concepts, and questions (short answer and long answer/essay type) to test the comprehension skills of the students. Intended primarily as a text for the undergraduate and postgraduate students of Commerce, this accessible text will prove to be extremely useful also for the postgraduate students of Management, Economics, as well as for competitive examinations. In addition, it will be a ready reference for Chartered Accountants and all those who would like to acquaint themselves with Indian banking and capital market.

1.Financial System and its Components, 2 .Financial System and Economic Development, 3 .Indian Financial System—An Overview, 4 .Money Market, 5 .Capital Market, 6 .Risk and Return—Concept and Analysis, 7 .Primary Market, 8 .Primary Market Intermediaries, 9 .Secondary Market, 10 . Government Securities Market, 11 .Recent Reforms in Indian Capital Market, 12 .Role of SEBI—An Overview, 13 .Reserve Bank of India, 14. Commercial Banks, 15. Life and Non-Life Insurance Companies—LIC, GIC, 16. Mutual Funds, 17. Non-Banking Financial Compaines (NBFCs), 18. Merchant Banking, 19. Leasing, Hire Purchase and Housing Finance : Factoring Services and Financial Counseling etc., 20. Venture Capital Financing, 21. Credit Rating, 22.Indian Financial Institutions/Development Bank.

During the last few years, India, with its strong financial system, has emerged as one of the fastest growing economies in the world. In view of the inevitable importance of financial system globally and in India, the present book is an attempt to provide an up-to-date overview of the Indian financial system and an elaborative discussion on its three wings: financial markets, institutions and services. KEY FEATURES  Supported case studies and projects.  Emerging issues like barter exchange, governance rating, and more.  Current concepts, corporate practices, recent trends, and current data on the subject.  Illustrations, tables, figures for a vivid visual impact and related concepts to real-life situations.  Graded pedagogy—MCQs, True/ false, Fill in the blanks, Short answer questions, Critical thinking questions and discussion problems at the end of each chapter.  Solutions to all MCQs in the respective chapters.  Instructor’s manual and Learning Material for students are available at www.phindia.com/Books/ LearningCentre TARGET AUDIENCE • MBA • BBA • B.Com / M.Com • B.A. / M.A. Economics

Now in its third edition, this successful textbook insightfully analyses the global financial system from a European perspective.

Identifying malpractice and misconduct should be top priority for financial risk managers today Corruption and Fraud in Financial Markets identifies potential issues surrounding all types of fraud, misconduct, price/volume manipulation and other forms of malpractice. Chapters cover detection, prevention and regulation of corruption and fraud within different financial markets. Written by experts at the forefront of finance and risk management, this book details the many practices that bring potentially devastating consequences, including insider trading, bribery, false disclosure, frontrunning, options backdating, and improper execution or broker-agency relationships. Informed but corrupt traders manipulate prices in dark pools run by investment banks, using anonymous deals to move prices in their own favour, extracting value from ordinary investors time and time again. Strategies such as wash, ladder and spoofing trades are rife, even on regulated exchanges – and in unregulated cryptocurrency exchanges one can even see these manipulative quotes happening real-time in the limit order book. More generally, financial market misconduct and fraud affects about 15 percent of publicly listed companies each year and the resulting fines can devastate an organisation's budget and initiate a tailspin from which it may never recover. This book gives you a deeper understanding of all these issues to help prevent you and your company from falling victim to unethical practices. Learn about the different types of corruption and fraud and where they may be hiding in your organisation Identify improper relationships and conflicts of interest before they become a problem Understand the regulations surrounding market misconduct, and how they affect your firm Prevent budget-breaking fines and other potentially catastrophic consequences Since the LIBOR scandal, many major banks have been fined billions of dollars for manipulation of prices, exchange rates and interest rates. Headline cases aside, misconduct and fraud is uncomfortably prevalent in a large number of financial firms; it can exist in a wide variety of forms, with practices in multiple departments, making self-governance complex. Corruption and Fraud in Financial Markets is a comprehensive guide to identifying and stopping potential problems before they reach the level of finable misconduct.

This book is a comprehensive & authentic book on 'Financial Markets & Institutions. This book aims to provide students with a basic knowledge of financial markets and institutions in India. It also familiarises the reader with the important fee and fund-based financial services. This book aims to fulfil the requirement of students of undergraduate courses in commerce and management, particularly the following: · B.Com.(Hons.)/B.Com. under Choice Based Credit System (CBCS) Programme · Non-Collegiate Women's Education Board · School of Open Learning of University of Delhi · Various Central Universities throughout India · BBA/MBA and other Management Courses of various institutions teaching papers like Indian Financial System, Financial Markets or Merchant Banking · Useful for financial market aspirants and covers topics like Stock Markets, Bond Markets, Insurance and Commercial Banking The Present Publication is the 2nd Edition, authored by Dr. Vinod Kumar, Atul Gupta & Manmeet Kaur, with the following noteworthy features: · [Simple & Systematic Manner] The subject matter is presented in a simple, systematic method along with a comprehensive explanation of the concept and theories underlying Financial Markets and Institutions · [Amended] Latest Rules & Regulations of the regulatory bodies like RBI, IRDA and SEBI are covered · [Summary Points] are given at the end of each chapter for revision · [Figures, Tables & Graphs] have been incorporated to make the reader understand the difficult concepts · [Student-Oriented Book] This book has been developed, keeping in mind the following factors: o Interaction of the author/teacher with their students in the classroom o Shaped by the author/teachers experience of teaching the subject-matter at different levels o Reaction and responses of students have also been incorporated at different places in the book · [Practical Real-Life Illustrations & Cases] to demonstrate the actual working of the Money Markets, Capital Markets, Banking and Insurance Services Industry along with many financial services like Leasing, Hire Purchase, Venture Capital, Credit Rating and Portfolio Management Services, etc. Contents of this book are as follows: · Introduction to Financial System · Money Markets · Capital Markets Instruments · Indian Debt Markets · Primary Markets · Secondary Markets · SEBI and Investor Protection · Financial Institutions · Commercial Banking · Life and Non-Life Insurance Companies in India · Mutual Funds · Non-Banking Finance Companies · Overview of Financial Services Industry · Merchant Banking · Leasing and Hire Purchase · Venture Capital and Factoring Services · Credit Rating · Consumer and Housing Finance · Letter of Credit and Bank Guarantee · Financial Counselling and Portfolio Management Services

The ongoing turbulence in the global financial markets has drawn attention to an alternative system of financial intermediation: Islamic banking and finance. This is now one of the fastest growing sectors within the market place and has, so far, remained on the sidelines of this unrest. Since the inception of Islamic banking thirty years ago the number and reach of Islamic financial institutions worldwide has risen significantly. Institutions offering Islamic financial services constitute a significant and growing share of the financial system in several countries, and market participants everywhere are joining the race to study and be a part of this emerging financial system. The Islamic Banking and Finance Workbook is a one-of-a-kind workbook on the topic, enabling readers to test their understanding of Islamic banking and finance concepts. Although suitable as a standalone learning tool, the book is designed to test the information covered in the companion book, Introduction to Islamic Finance and Banking, and covers the fundamentals of Sharia'a law, the Islamic contracts interpretations and definitions, Murabaha, Mudaraba, Musharaka, Istisna'a, Salam and Ijara modes of finance, Takaful and much more. Emphasis is placed on mini case studies, multiple choice questions and tests of the basic concepts. It also includes a full answer key and brief chapter summaries, as well as learning objectives. The Islamic Banking and Finance Workbook is an essential learning tool for students and practitioners who want to test their knowledge of the rapidly growing world of Islamic banking and finance.

The Oxford Handbook of Banking, Second Edition provides an overview and analysis of developments and research in banking written by leading researchers in the field. This handbook will appeal to graduate students of economics, banking and finance, academics, practitioners, regulators, and policy makers. Consequently, the book strikes a balance between abstract theory, empirical analysis, and practitioner, and policy-related material. The Handbook is split into five parts. Part I, The Theory of Banking, examines the role of banks in the wider financial system, why banks exist, how they function, and their corporate governance and risk management practices. Part II deals with Bank Operations and Performance. A range of issues are covered including bank performance, financial innovation, and technological change. Aspects relating to small business, consumer, and mortgage lending are analysed together with securitization, shadow banking, and payment systems. Part III entitled Regulatory and Policy Perspectives discusses central banking, monetary policy transmission, market discipline, and prudential regulation and supervision. Part IV of the book covers various Macroeconomic Perspectives in Banking. This part includes a discussion of systemic risk and banking and sovereign crises, the role of the state in finance and development as well as how banks influence real economic activity. The final Part V examines International Differences in Banking Structures and Environments. This part of the Handbook examines banking systems in the United States, European Union, Japan, Africa, Transition countries, and the developing nations of Asia and Latin America.