Financial Markets and Financial Services in India

By Benson Kunjukunju, S. Mohanan

Financial markets are at the core of the transmission mechanism of monetary policy. In India, financial markets have been developed with a specific emphasis on increasing allocative efficiency of resources and promoting financial stability. This book explains the organization, operation, and working of financial markets and services in India. The areas covered include: capital market * primary market * participants in the primary market * legislations and regulators in the capital market * secondary market * operators in the secondary market * stock exchanges * stock market indices * derivatives market * money market * corporate debt market * government securities market * the Securities and Exchange Board of India * credit rating * factoring and forfeiting * discounting of bills * securitization of debt * credit information bureaus

490 pages

Publication Date: 7/31/2012
Format: Cloth
ISBN: 9788177083163