The prime objective of the book is to provide executives, practitioners and management students an insight into the principles, operational policies and practices of the prominent Indian Financial Institutions which are in the money game and capital markets. Part I consists of ten chapters and focuses on the macro-economic environment that has confronted the Indian Financial System, its Structure, its role and its dimensions. It also discusses analytically the key issues of the Financial System. IT argues that Finance matters in more ways than might be immediately apparent. Efficient Financial Systems help to allocate resource to their best uses and are indispensable in complex, modern economies. Varied Financial markets are discussed in ten chapters of Part II Money markets provide a flexible means for managing liquidity, a benchmark for market-based interest rates, and an instrument of monetary policy. Capital markets are a source of long-term finance-both debt and equity-and help to foster sounder corporate capital structure. In the nineties, the organized money markets have emerged as a backbone of the Indian vibrant economy. Part III deals with key market intermediaries of growing importance. It consists of ten chapters. Part IV deals with financial institutions and their structure, functioning in the changing economic scenario. The deepening and spreading of the financial system throws light on its diversity and innovations. It consists of ten chapters. Part V discusses different financial instruments in twelve chapters. The financial instruments cater especially to the growing needs of the economy. Part VI deals with the financial services in seven chapters. The financial services play a crucial role in driving the economy. During The five years the Indian financial systems has undersone sea changes in keeping with the world economic. Yet the Indian financial system has emerged stronger inspite of the world financial crisis, the study also has become more relevant in todays changing scenario. The support the study received is quite encouraging and inspiring. The book provides an insight into the financial system and its unique role in the economy. In short, the study acts as a motivator to pursue a career in the growing and innovative financial system. Contents : PART I : FINANCIAL SYSTEM 1. The Financial System: An Overview 2. The Structure of the Financial System 3. The Evolution of the Financial System 4. Financial System and Economic Development 5. Macroeconomic Dimensions of the Financial System 6. Functions of the Financial System 7. Major Issues in the Indian Financial System 8. Financial Development Ratios 9. Elements of Fund Flow Analysis 10. Financial Sector Reforms in India PART II : FINANCIAL MARKETS 11. Financial Markets 12. The Money Markets 13. The Capital Market 14. The New Issues Market 15. The Government Securities Market 16. The Call Money Market 17. The Bill Market 18. The Foreign Exchange Market 19. The Debt Market 20. Integration of Financial Markets PART III : FINANCIAL MARKET INTERMEDIARIES 21. Stock Exchange 22. The National Stock Exchange of India 23. Over the Counter Exchange of India 24. Discount and Finance House of India 25. Securities and Exchange Board of India 26. Stock Holding Corporation of India 27. Securities Trading Corporation of India Limited 28. Money Market Mutual Funds 29. Derivatives 30. Credit Rating in India PART IV : FINANCIAL INSTITUTIONS 31. The Reserve Bank of India: Its Role in Bank Management and Regulations 32. Monetary Policy and Credit Control 33. Commercial Banking 34. Liabilities and Assets of Commercial Banks 35. The Non-Banking Financial Intermediaries and Monetary Policy 36. Non-Banking Finance Companies 37. Development Finance Institutions 38. Life Insurance 39. General Insurance 40. Merchant Banking PART V : FINANCIAL INSTRUMENTS 41. Ad hoc Treasury Bills 42. 182 Days Treasury Bills 43. Certificates of Deposits 44. Commercial Paper 45. Currency Options 46. Foreign Currency Options 47. Futures and Options 48. Hedging Instruments 49. Securitisation: A New Form of Financing 50. Hawala 51. Credit Cards PART VI : FINANCIAL SERVICES 52. Financial Services 53. Mutual Funds 54. Housing Finance 55. Leasing 56. Venture Capital 57. Factoring 58. Forfaiting 59. Depositories: A System 60. The Global Financial Crisis

Financial independence and security is something we are all constantly striving to achieve. Today’s individuals and families receive a lot of opportunities but also face as many challenges. This book Personal Wealth Management – A Complete Guide makes a compelling case for how and why we should take control of our wealth and invest towards our long-term goals. - The importance of being hands-on with your wealth. - Identifying your risk profile and making sensible investment decisions. - Understanding and managing your financial obligations. - Knowing all your investment options and planning accordingly. Contents - 1. Personal Wealth Management – An Overview 2. Assets, Asset Class and Asset Allocation 3. Immovable Properly – Real Estate 4. Movable Properties 5. Government Bonds and Other Securities 6. Deposits – Bank and Corporate 7. Mutual Funds 8. Shares and Stock Market 9. Gold 10. Derivatives and Commodities Market 11. Business Ventures 12. Liabilities – Personal and Family Obligations 13. Credit Cards – A Debt / Death Trap 14. Insurance – Life, Health, General 15. Proposed Direct Tax Code 16. Personal Wealth Management – Your Vision and Mission 17. Scams – Beware 18. Some Real Life Experiences 19. Forms and Charts FAQs Final Sermon Glossary Bibliography

Financial markets have been increasingly influenced in recent times by financial innovation in terms of products and instruments, adoption of modern technologies, opening up to the market to the global economy, streamlining the regulatory framework and so on. Financial institutions which are a part of the Financial Sector and undergoing changes in terms of scope, activities, structure and so on. This book is tailored to meet the specific needs students of commerce and management who study Financial Markets and Institutions. All the latest development taking place in the financial market and financial institutions have been covered in this book. Hope this book, written in a simple and lucid style will serve the needs of the students community. Book Content of Financial Markets and Institutions 1. The Financial System In India 2. Money Market 3. New Issues Market 4. Secondary Market 5. Merchant Banking 6. Mutual Funds 7. Discounting, Factoring and Forfaiting 8. Financial Institutions

The business world has changed drastically because of markets, technology, communication and regulations. The economic environment has shifted dramatically and in order to prosper or even to survive in such an environment, the strategy formulation is very important. Merger and acquisition is taken up by the business within a broader framework of long range strategic planning. M&A is an intermittent event and there is very little scope for companies to learn from their past experience. It is a topic of great debate in day's business world. This handbook provides all qualitative information about merger and acquisition. Contents : 1. Introduction 2. Regulatory Framework of Mergers & Takeovers in India 3. Valuation of Firm Defenses Against Hostile Takeover 4. HR Issues in Merger 5. Case Studies on Mergers and Acquisitions 6. References

Finance is undoubtedly the most basic and most important function in any business activity. The success of business depends upon the success of finance function. From academic point of view, finance is the most technical subject, having a very wide scope and having constantly changing rules and regulations. As such, a normal student attempts to keep himself away from the subject and this aggravates the problems for him. One cannot afford to ignore the subject of finance. The ultimate evaluation of any business activity is the profit-based evaluation and the term profit itself is a financial phenomenon. As such, one needs to get acquainted with the basic principles of finance, despite the hardships involved in the process. Contents - 1. Introduction 2. Forms of Business Organisation 3. Financial Statements 4. Ratio Analysis 5. Funds Flow / Cash Flow Statement 6. Financial Plan and Capitalisation 7. Sources of Long-term and Medium-term Finance 8. Capital Structure 9. Working Capital Management 10. Management of Inventory 11. Management of Receivables 12. Management of Cash 13. Capital Budgeting 14. Management of Earnings Cases of Financial Frauds and Failures

Globalisation of economic affairs has made every business 'competitive'. Competition demands 'financial appreciation' of every minute aspect of business. Technocrats, bureaucrats, entrepreneurs, administrators, researchers, service-proiders etc. need to know the exact 'cost-benefit analysis' requires simple but through understanding of 'finance'. There are several books on 'finance' with bhousands of pages discussion. But, again, competitive environment do not allow comportable reading of so many pages. One requires reliable but short cut methods of understand 'finance'. This book exactly offers such methods with great simplicity. The book rightly starts with a lucid discussion on Balance Sheet and Income Statement, which exhibit the overall financial performance and health of a business enterprise. The next chapters give ample illustrations on corporate financial statements with thorough analysis. The book, then takes us to micro-level analysis of cost - profit - sales. It provides in-depth cost-benefit analysis of key business decisions like product mix, pricing, make or buy, expansion etc. The next chapter explains costing of a product under different business circumstances. The middle chapters discuss in detail, various aspects of managing working capital progmatically e.g. inventory management, receivables management, cash or fund management. Working Capital Projection and its financing has been explained with suitable illustrations. Budgets and Budgetary Control are a must for target achievement, performance appraisal and target revisions. The book offers through discussion on the process of preparing budgets and using them effectively. Micro-level standardisation of cost - profit - sales has also been explained with ample examples. Although 'accounting' has now been totally computerised; an executive or entrepreneur needs to know its fundamental mechanism. One full chapter is provided on 'accounting system' i.e. double-entry book-keeping. The book gives simple explanation of 'investment appraisal techniques' like Pay Back Period, Average Rate of Return and Discounted Cash Flow. One separate chapter has been devoted for an individual's investment decisions and assessment of his investment portfolio. The book also gives discussion on 'Indian Capital Market'. Ultimately, competition demands strategic management of cost - profit - sales at every level in an organisation. The last chapter explains various aspects of strategic cost management. The book gives an overall understanding of 'finance' to everybody, in the simplest manner and with an interesting style. Contents - Section I- Corpotate Accounting Section II - Cost Accounting Section III - Management Accounting Section IV - Financial Management Section V - Strtegic Cost And Information Management Section VI - Investment Management

'Genius is the ability to reduce the complicated to the simple'... − Albert Einstien I earnestly hope that the book will make complicated Subject A.F.M, simple to understand and score high marks in Exams. This book is user friendly and different. As one goes through the book one will feel the difference, and this will help to master finance in an enjoyable manner, with life time utility. Contents : 1. Indian Financial System 2. Leverage 3. Capital Structure 4. Dividend Policy 5. Valuation of Debentures 6. Valuation of Equity 7. Value-based Management 8. Project Financing and Project Appraisal 9. Short-term and Long-term Sources of Finance 10. Credit Rating 11. Prospectus for Issue of Shares 12. Underwriting 13. Merchant Banking 14. Public Issue 15. Public Sector in India 16. Financial Management in Sick Units 17. Risk Management and Derivatives 18. Financial Planning University Paper (Nov.-Dec. 2009, 2010 and 2011)

`Genius is the ability to reduce complicated to the simple`. − Albert Einstein One finds financial words very complicated, difficult to understand, too technical and so on But Finances are important − too important not to understand, `Complicated Financial Words Made Easy` can help you understand and master financial jargons!! This in turn, will help you to manage your personal finance better. Also it will help you to improve your financial vocabulary and rise faster to topmost position in your organisation. This is an Indian book with International Appeal!! Contents - 1. Accounting 2. Banking 3. Bonds 4. Economy 5. Financial Planning 6. Fund Investing 7. Investing 8. Real Estate 9. Retirement 10. Stocks 11. Taxes 12. Ratios 13. Investment Strategies 14. Investment Proverbs 15. Abbreviations

Analysis of stock market for the assessment of the risk has assumed greater significance in India after liberalization. Usefulness of efficient stock market in mobilizing resources is well-known among policy makers and investors. Volatility in the price of stock market can arise because of several reasons. It creates atmosphere of uncertainty and thus it hampers productive investment. Volatility is inherent feature of stock markets. It should be known to those who are concerned directly and indirectly and indirectly with stock markets. Volatility of stock prices refers to the frequency with which changes in stock prices over a given period of time. The volatility can also be understood as the frequency or relative rate at which the price of a security moves up and down. Volatility is found by calculating the annualized standard deviation of daily change in price. Standard deviation of return is widely used as a measure of total risk of a financial asset. If a stock is highly volatile, there is risk of losing capital and thus investors tend to avoid investing in these stocks. Uncertainty plays an important role in economic theory. Many economic models assume that the variance as a measure of uncertainty is constant through time. However, it is not supposed by empirical evidence. Financial time series such as stock returns or exchange rates exhibit volatility clustering where large returns of either sign are expected to follow large returns and small returns of wither sign to follow small return. Prediction of financial asset volatility is now considerably improved due to advanced modeling technique that is capable of estimating time varying volatility. The book makes the modest attempt to investigate the nature and pattern of volatility of stock market prices in India and its relation with developing and developed stock markets of the world. Contents : 1. Introduction 2. Risk, Return and Stock Market Volatility: Conceptual and Analytical Framework 3. Indian Capital Market: An Overview 4. Review of Literature 5. Stock Market Volatility : Empirical Investigations 6. Summary and Policy Recommendations Bibliography

Capital and Money influences business at larger pace and areas. This book, written in more students-friendly mode provides a comprehensive picture of the capital and money market prevailing in India. The text is more plausible, informative and interesting for students. A good number of figures, diagrams, data and tables make this book more interesting and easy to understand. There is too much dearth of standard books on such an important subject. This text is an attempt to fill the void and fulfil the much needed demand of students, practitioners, academicians and research scholars. This book contains comprehensive and full resource of Capital and money Market. This book contains Ten chapters like, Indian Capital Market, Primary Market, Secondary Market, Stock Exchange, Depository Dematerialization, SEBI, Mutual Fund, Merchant Banking and FDI. Each chapter included in this book is full of rich and relevant information on the subject. This is a very useful book for MBAs, BBA, M.Com. students and Faculty members. Contents - 1. The Indian Capital Market – An Overview 2. Primary Market 3. Secondary Market 4. Stock Exchanges 5. Depository 6. Dematerialization 7. Security and Exchange Board of India (SEBI) 8. Mutual Fund 9. Merchant Banking 10. Determinants of Foreign Direct Investment (FDI) 11. Annexures