Tata McGraw - Hill Education
|Number of Pages
Financial Institutions And Markets: Structure, Growth And Innovations begins with an introduction and an overview of the financial system, explaining how various units such as banking and nonbanking firms, regulatory bodies and the organised and unorganised sectors are related. Important terminology, such as intermediaries, financial assets and financial security are also introduced.
There is a section that is dedicated to regulatory and promotional boards in India. There are two in India, namely the Reserve Bank of India (RBI) and the Securities Exchange Board of India or SEBI. There is another chapter on banking institutions, where the commercial and cooperative banks are explained in detail.
Financial Institutions And Markets: Structure, Growth And Innovations then speaks of other important intermediaries, like non banking financial intermediaries as well as statutory financial organizations. Various markets such as the Call Money Market, the Discount Market and the Treasury Bills market are also discussed. Some of the important features of the book are the addition of techniques for relative valuation, like P/E and P/S ratios. There is also a portion dedicated to the discussion of second generation policy reforms.
Other important features such as the addition of Market Stabilization Schemes (MSS), a section on risk management, inclusion of the BASEL norms and a section on global markets and the international financial system make Financial Institutions And Markets: Structure, Growth And Innovations a comprehensive book on the financial systems in India.
About The Authors
Jitendra Mahakud teaches at the Indian Institute of Technology (IIT) in Kharagpur.
He completed his Ph.D from IIT, Bombay. He is the Associate Professor of Humanities and Social Sciences. Mahakud has been conducting research in the areas of Equity Research, Financial Economics, Financial Markets, Fixed Income Securities, and Corporate Finance.
L. M. Bhole is the Professor of Economics in the department of Humanities and Social Sciences in IIT Bombay. He has written a number of papers on Money and the Monetary Policy.
L. M. Bhole has written Collected Papers on Money, Interest, and Monetary Policy and Unemployment, Inequality, Entrepreneurship, and other Collected Papers - Vol. 4.
L. M. Bhole completed his education from M.J. College, University of Bombay, and S.P. College and holds a B.A., M.A. and Ph.D. He has taken part in many workshops and seminars, and has been awarded the Ford Foundation Scholarship, and UGC Fellowship. He has written over 125 articles and 12 books.