Coming soon
FINANCIAL INSTITUTIONS & MARKETS-I
1. To develop an understanding of structure of financial system in India.
2. To introduce the students to the role of various regulatory Institutions.
3. To acquaint the students with various banking and financial institutions of India.
Structure & Functions of a financial system;Financial concepts – financial assets, financial intermediaries, financial instruments;Financial System & Economic Development;Need for Financial Sector Reforms.
Reserve Bank of India – organisation& management, role & functions, monetary policy – objectives & techniques;Securities & Exchange Board of India – genesis, constitution &organisation, objectives & functions.
Commercial Banks – major developments in commercial banking after independence, liabilities & assets, functions of commercial banks;Cooperative Banks – features, types & structure, problems & policy.
Organizational structure of financial institutions;IFCI, SFCs, IDBI, SIDBI – role & functions.
Mutual Funds – concept and types;UTI & money market mutual funds;Insurance Companies – LIC & GIC – role & functions; Miscellaneous nonbanking financial intermediaries – loan companies, investment companies, hire purchase finance, lease finance, housing finance.
1. Bhole LM (2017), Financial Institutions & Markets – structure, growth & innovations, Tata McGraw Hill publishing co. ltd. (6th edition)
2. Gordon &Natrajan (2018), Financial Markets & Services, Himalaya Publishing House (11th edition)
3. Sundaram, K.P.M. (2010).Money, Banking, & International Trade. Sultan Chand & Company.
- Rangarajan, C. (1999). Indian Economics: Essays on Money and Finance, UBS Publishers.
- Mithani, D.M. (2012) Money, Banking, International Trade & Public Finance. Himalayan Publishers.
