Indian Financial Sector

Indian Financial Sector
Author :
Publisher : International Monetary Fund
Total Pages : 35
Release :
ISBN-10 : 9781475570205
ISBN-13 : 1475570201
Rating : 4/5 (05 Downloads)

Synopsis Indian Financial Sector by : Rakesh Mohan

This paper traces the story of Indian financial sector over the period 1950–2015. In identifying the trends and turns of Indian financial sector, the paper adopts a three period classification viz., (a) the 1950s and 1960s, which exhibited some elements of instability associated with laissez faire but underdeveloped banking; (b) the 1970s and 1980s that experienced the process of financial development across the country under government auspices, accompanied by a degree of financial repression; and (c) the period since the 1990s till date, that has been characterized by gradual and calibrated financial deepening and liberalization. Focusing more the third period, the paper argues that as a consequence of successive reforms over the past 25 years, there has been significant progress in making interest and exchange rates largely market determined, though the exchange rate regime remains one of managed float, and some interest rates remain administered. Considerable competition has been introduced in the banking sector through new private sector banks, but public sector banks continue have a dominant share in the market. Contractual savings systems have been improved, but pension funds in India are still in their infancy. Similarly, despite the introduction of new private sector insurance companies coverage of insurance can expand much further, which would also provide greater depth to the financial markets. The extent of development along all the segments of the financial market has not been uniform. While the equity market is quite developed, activities in the private debt market are predominantly confined to private placement form and continue to be limited to the bluechip companies. Going forward, the future areas for development in the Indian financial sector would include further reduction of public ownership in banks and insurance companies, expansion of the contractual savings system through more rapid expansion of the insurance and pension systems, greater spread of mutual funds, and development of institutional investors. It is only then that both the equity and debt markets will display greater breadth as well as depth, along with greater domestic liquidity. At the same time, while reforming the financial sector, the Indian authorities had to constantly keep the issues of equity and efficiency in mind.

Indian Financial System

Indian Financial System
Author :
Publisher : I. K. International Pvt Ltd
Total Pages : 146
Release :
ISBN-10 : 9788188237883
ISBN-13 : 8188237884
Rating : 4/5 (83 Downloads)

Synopsis Indian Financial System by : D. K. Murthy

Indian Financial System explains the changing dimensions of the country s financial set-up owing to the financial sector reforms. The book assesses the Indian financial system in the light of contemporary changes that have taken place in financial markets, mutual funds industry, insurance and banking sectors etc. The book provides a sound theoretical foundation, giving a clear conceptual understanding of the subject. It gives a complete picture of the structure, operations and functions of various components of the Indian financial system. Every chapter in the book begins with the objectives of learning and is followed by objective, analytical and essay-type questions. The book would be useful for graduate and postgraduate level students of commerce, management and economics

Indian Banking

Indian Banking
Author :
Publisher : S. Chand Publishing
Total Pages : 306
Release :
ISBN-10 : 812192037X
ISBN-13 : 9788121920377
Rating : 4/5 (7X Downloads)

Synopsis Indian Banking by : R Parameswaran

INDIAN BANKING FOR STUDENTS OF B.COM/B.A & MANAGEMENT COURSES

Quest for Restoring Financial Stability in India

Quest for Restoring Financial Stability in India
Author :
Publisher : Penguin Random House India Private Limited
Total Pages : 278
Release :
ISBN-10 : 9789357082464
ISBN-13 : 9357082468
Rating : 4/5 (64 Downloads)

Synopsis Quest for Restoring Financial Stability in India by : Viral V. Acharya

An excellent primer for students wanting to learn macroeconomics and policymaking - Kaushik Basu An important and timely contribution to our understanding of the Indian economy - Raghuram Rajan How to maintain financial stability in India? Quest for Restoring Financial Stability in India is a classic work to understand this critical subject. In this Penguin edition, with a new introduction, Viral V. Acharya, former Deputy Governor of RBI offers a concrete road map for comprehensive improvement of India's economy. Authoritative and definitive, this is a must read for the students and scholars of Indian economy, policymakers and anyone interested in India's finance sector.

Bad Money

Bad Money
Author :
Publisher : Harper Collins
Total Pages : 248
Release :
ISBN-10 : 9789353577223
ISBN-13 : 9353577225
Rating : 4/5 (23 Downloads)

Synopsis Bad Money by : Vivek Kaul

Over the last decade, Indian banks in general and the government-owned public sector ones in particular have gradually got themselves into a big mess. Their bad loans, or loans which haven't been repaid for ninety days or more, crossed Rs 10 lakh crore as of 31 March 2018. To put it in perspective, this figure is approximately seven times the value of farm loan waivers given by all state governments in India put together. And this became the bad money of the Indian financial system. Why were the corporates unable to return these loans? Was it because they had no intention of doing so?Who were the biggest defaulters of them all? Are Vijay Mallya and Nirav Modi just the tip of the iceberg?How much money has the government spent trying to rescue these banks?How are the private sector banks gradually taking over Indian banking?Is your money in public sector banks safe?How are you paying for this in different ways?And what are the solutions to deal with this? In Bad Money, Vivek Kaul answers these and many more questions, peeling layer after layer of the NPA (non-performing assets) problem. He goes back to the history of Indian banking, providing a long, deep and hard look at the overall Indian economy. The result is a gripping financial thriller that is a must for understanding a crisis that threatens our banking system and economy.

Objectives and Framework

Objectives and Framework
Author :
Publisher :
Total Pages : 12
Release :
ISBN-10 : UCBK:B000953154
ISBN-13 :
Rating : 4/5 (54 Downloads)

Synopsis Objectives and Framework by : United States. President's Committee on Migratory Labor

Finance & Development, March 2012

Finance & Development, March 2012
Author :
Publisher : International Monetary Fund
Total Pages : 60
Release :
ISBN-10 : 9781451922141
ISBN-13 : 1451922140
Rating : 4/5 (41 Downloads)

Synopsis Finance & Development, March 2012 by : International Monetary Fund. External Relations Dept.

Young people, hardest hit by the global economic downturn, are speaking out and demanding change. F&D looks at the need to urgently address the challenges facing youth and create opportunities for them. Harvard professor David Bloom lays out the scope of the problem and emphasizes the importance of listening to young people in "Youth in the Balance." "Making the Grade" looks at how to teach today's young people what they need to get jobs. IMF Deputy Managing Director, Nemat Shafik shares her take on the social and economic consequences of youth unemployment in our "Straight Talk" column. "Scarred Generation" looks at the effects the global economic crisis had on young workers in advanced economies, and we hear directly from young people across the globe in "Voices of Youth." Renminbi's rise, financial system regulation, and boosting GDP by empowering women. Also in the magazine, we examine the rise of the Chinese currency, look at the role of the credit rating agencies, discuss how to boost the empowerment of women, and present our primer on macroprudential regulation, seen as increasingly important to financial stability. People in economics - C. Fred Bergsten, American Globalist. Back to basics - The multi-dimensional role of banks in our financial systems.

Indian Financial System

Indian Financial System
Author :
Publisher : Pearson Education India
Total Pages : 858
Release :
ISBN-10 : 9789332540491
ISBN-13 : 9332540497
Rating : 4/5 (91 Downloads)

Synopsis Indian Financial System by : Bharati V. Pathak

The Indian Financial System is a complex amalgamation of various institutions, markets, regulations and laws, analysts, transactions, claims and liabilities. This book not only thoroughly engages with these important aspects of financial system as the bedrock of the book, but also helps students, academicians and professionals to survive and thrive in today's competitive business environment. The lucid language and comprehensive approach of this book makes it invaluable both as a textbook and a reference book. This edition has been substantially revised, with incorporation of the latest amendments and changes, and important discussions on topics like financial markets and institutions, instruments, agencies and regulations in an analytical and critical manner.

Indian Banking and Financial System

Indian Banking and Financial System
Author :
Publisher : Thakur Publication Private Limited
Total Pages : 280
Release :
ISBN-10 : 9789357556637
ISBN-13 : 935755663X
Rating : 4/5 (37 Downloads)

Synopsis Indian Banking and Financial System by : Puneet More

Purchase the e-book on 'Indian Banking and Financial System' tailored for the B.Com 2nd Semester curriculum at the University of Rajasthan, Jaipur, compliant with the National Education Policy (NEP) of 2020, authored by Thakur Publications.

Deregulation and Efficiency of Indian Banks

Deregulation and Efficiency of Indian Banks
Author :
Publisher : Springer Science & Business Media
Total Pages : 340
Release :
ISBN-10 : 9788132215455
ISBN-13 : 8132215451
Rating : 4/5 (55 Downloads)

Synopsis Deregulation and Efficiency of Indian Banks by : Sunil Kumar

​ The goal of this book is to assess the efficacy of India’s financial deregulation programme by analyzing the developments in cost efficiency and total factor productivity growth across different ownership types and size classes in the banking sector over the post-deregulation years. The work also gauges the impact of inclusion or exclusion of a proxy for non-traditional activities on the cost efficiency estimates for Indian banks, and ranking of distinct ownership groups. It also investigates the hitherto neglected aspect of the nature of returns-to-scale in the Indian banking industry. In addition, the work explores the key bank-specific factors that explain the inter-bank variations in efficiency and productivity growth. Overall, the empirical results of this work allow us to ascertain whether the gradualist approach to reforming the banking system in a developing economy like India has yielded the most significant policy goal of achieving efficiency and productivity gains. The authors believe that the findings of this book could give useful policy directions and suggestions to other developing economies that have embarked on a deregulation path or are contemplating doing so.