We live and work in a multi-polar world where sources of supply and demand are constantly evolving and shifting around the world. Organizing and growing a global business has never been so attainable, particularly in emerging economies; at the same time, it has never been so complex. The same interconnections between countries, companies and people that bring an abundance of opportunities, also bring with them new and multifaceted risks. In this competitive environment, M&A has grown to become a popular aveneue to achieve rapid reach and scale. The new dynamics of M&A by Indian companies put a premium on supply chain intefration as a key contributor to successful M&A. In this backdrop, Restructuring, rehabilitating, re-engineering, revising and re-incarnating-all for furvival and growth. In Chapter 1, various reasons, occasions and ambitions for restructuring have been discussed. Chapter 2, begins with how restructuring can be done through amalgamation, Mergers and Acquisitions and M&A s role in transformation of economy - United States and India. The chapter also covers stages of the Merger and Acquisition (M&A) Process both from buyers and sellers point of view. Chapter 3 presents review of the planning process and the role of diversification and mergers in strategic planning. Chapter 4 goes through motivations of Buying or Selling the Business including hostile takeovers. Chapter 5 discusses what is due diligence about and the importance of cultural due diligence i.e. a look at corporate cultures and attempts to ascertain an orgnizational fit between the two merging companies. Chapter 6 explains synergy value that is, various technical and financial aspects of the M&A transcations that can present opportunities to make one plus one equal to three. It also presents ways in which transactions can be structured to capitalize on the synergistic opportunities. It also covers the estimated economic gains and costs from mergers and the area of Contract possibilities - a Generalized Model, The share exchange ratio, the Bargain Zone and the Valuation of the Merging Corporations. Chapter 7 covers Deal types and Financing of Mergers and Acquisitions. Chapter 8 deals with Accounting for Mergers and Acquisitions. Chapter 9 explains in detail Tax Effective Structuring of Amalgamation, Merger or De-merger of Companies including Cross Border acquisitions. Chapter 10 deals with Corporate Finance Framework i.e. restructuring and ownership changes involved in merger and tender offer activitiy often affect and are influenced by the financial structures of firms. To separate the effects of purely financial policy changes from other forms of restructuring, the chapter seeks to provide some perspectives on corporate financial policies and decisions. Various methods of valuing a business enterprise, its assets are covered in Chapter 11. Chapter 12 explains that M&A just like capital expenditure decisions involve huge capital outlay and difficult to reverse, hence needs to be handled with caution. The chapter also covers four primary issues in strategic considerations of Mergers & Acquisitions i.e. M&A activity should come within the framework of Strategic Planning, Identification of synergies, Valuation and Integration. The chapter also covers the causes of risk in M&A and its preventive measures. Chapter 13 covers Employee Stock Option Plan (ESOP). Chapter 14 deals with Corporate Control Mechanism and Take Over Defenses. Chapter 15 considers Final Stages of Mergers & Acquisitions i.e. stages to make the buy/sell decision and also methods of dealing with a decision to back out of the transcation. It also explains the areas of consideration when developing an integration strategy and specific steps of successful post acquisition integration. Chapter 16 deals with Regulatory Framework of Mergers and Acquisitions i.e. procedure for Merger and Amalgamation and SEBI guidelines for takeover. Chapter 17 covers Ethical Approach to Mergers and Acquisitions. Chapter 18 deals with the important aspect - Why Mergers Fail? and steps to make them work. Chapter 19 covers other Dimensions of Corporate Restructuring like Restructuring of a Sick Organization. Financial aspects of Various Restructuring Exercises (For Various Purposes); Financial Strategies for the Emerging Multinational Corporations from the developing countries and Strategic Alliances and Joint ventures and how to make them work. Chapter 20 Covers Case Studies on various aspects of Mergers and acquisitions. Contents - 1. Corporate Restructuring 2. Introduction to Mergers and Acquisitions and Stages of the M&A Process 3. Strategy Diversification and Mergers 4. Motivations of Buying or Selling the Business with Regard to Mergers and Acquisitions 5. How to go about-due Diligence Process Including Cultural due Diligence? 6. Synergy Value and Transaction Structures 7. Deal Types and Financing of Mergers and Acquisitions 8. Accounting for Mergers and Acquisitions 9. Tax Effective Structuring of Amalgamation, Merger or De-Nerger of Companies Including Cross Border Acquisitions 10. Corporate Finance Framework 11. Methods and Approaches to Business Valuation 12. Risk Management in Mergers and Acquisitions-Domestic and Cross Border 13. Employee Stock Option Plan (ESOP) 14. Corporate Control Mechanism and Take Over Defenses 15. Final Stages of Mergers & Acquisitions 16. Regulatory Framework of Mergers and Acquisitions 17. Taking an Ethical Approach to Mergers and Acquisitions 18. Why Mergers Fail? Steps to Make them Workable 19. Other Dimensions of Corporate Restructuring 20. Case Studies

Drastically revised, innovated and systematically structures around managerial dimensions, kernel of the present edition is to capture dynamically changing policies, strategies and practices of Indian Financial Institutions and convey them to the learners in interesting and stimulating manner. The revised edition is gravid with the following immanent features: - The book presents unique melange of innovation keeping in view seismic changes in economic landscape of the country and abroad. - The entire has been comprehensively revised and restructures so as to accommodate emerging concepts, skills techniques and mechanics pertaining to management of financial institutions. - The present edition provides an incisive view of dynamics of various financial institutions in terms of vision, business models, innovative instruments, new architecture and new financial practices notices in recent years. - Use of simple, lucid and crystal clear language and cogent style is an added advantage of the revised edition. - The revised edition of the book will be extremely useful to practicing managers and learners of the commerce, management and other professional programmes. Contents : Section I : Introduction 1. Economic Growth and Financial Institutions 2. Global Financial Turmoil-Threat To Financial Stability 3. Types of Financial Institutions 4. Recent Development in Indian Financial System − An Overview Section II : Management of Commercial Banks in India 5. Reserve Bank of India-Karnel of Indian Banking System 6. Commercial Banking in India − A Snap Shot 7. Retail Banking 8. Corporate Governance in Commercial Banks 9. Competitive Strategy to Meet Challenges to Commercial Banks in India 10. Commercial Banking Restructuring 11. Strategic Human Resource Management in Commercial Banks 12. Management of Capital Funds in Commercial Banks 13. Management of Deposits 14. Relationship Banking 15. Management of Loans In Commercial Banks 16. New Norms of Working Capital Financing By Banks 17. Inclusive Growth And Commercial Banks 18. Asset-Liability Management In Commercial Banks 19. Management of Non-Performing Assets (NPAs) in Commercial Banks 20. Operational Efficiency of Commercial Banks in India 21. Performance Budgeting in a Commercial Bank 22. Zero-Base Budgeting in a Commercial Bank (ZBB) Section III : Management of Development Financial Institutions 23. Development Financial Institutions in India - An Overview 24. Project Evaluation by Development Financial Institutions in India 25. Performance Evaluation of All India Financial Institutions (AIFIs) Section IV : Management of Investing Institutions 26. Insurance Industry in India 27. Strategic Policies and Practices of Life Insurance Corporation of India (LIC) 28. Operational Policies and Practices of Mutual Funds Section V : Non-Banking Finance Sector 29. Non-Banking Finance Companies 30. Micro Finance Institutions (MFIs) Section VI : Management of Financial Services in India 31. Financial Services in India 32. The New Issue Market in India 33. Secondary Market in India 34. Merchant Banking in India 35. Venture Capital 36. Custodial Services in India 37. Credit Rating Services in India

The book with a comprehensive coverage and scientific structure canted around the decision-making process was first published in 1997 with a view to familiarizing the learners with the latest concepts and theories relevant to financial decision and acquainting them with around skills and techniques necessary for the effective for the effective decision making. While the primary objective of the book remain unchanged, the fourth edition has been thoroughly revised essentially not only to extensively update the entire chapters but also to provide global perspective to financial management. Thus, redeeming features of the present edition are: - Extensively updating all the chapters by incorporating new financial theories, concepts and practices: - Strengthening almost all the chapters by adding new problems and their solution and practice materials. - Adding three new chapters in introduction section. Viz., Time Value of Money, Risk-return Perspective and Valuation of An Enterprise and its Securities. - Adding a new section on Corporate Restructuring and Strategic Alliances, comprising three chapters, viz., Corporate Restructuring; - Adding another new section on International Financial Management to focus on global dimensions of financial management. This section comprises the following eight chapter: - Concept and Dimensions of International Financial Management - International Financial Flows - Management of Foreigh Exchange Market - Regulation of Foreign Exchange Market - Cost of Capital for MNCs - Working Capital Management for MNCs - Capital Budgeting for MNCs - International Portfolio Investment With is Immanent traits and thrust on global dimensions, the revised edition is expected to best suit the needs of practicing managers and students of management and commerce other sacral management programmes. Contents - Section 1 Introduction 1. Nature and Scope of Financial Management 2. Financial Information System 3. Time Value of Money 4. Risk – Return Parspective 5. Valuation of An Enterprise Section 2 Tools of Financial Analysis 6. Financial Statements and Financial Analysis 7. Techniques of Financial Analysis 8. Ratio Analysis 9. Funds Flow Statement 10. Profit Planning 11. Financial Forecasting Section 3 Investment Decisions 12. Capital Expenditure Decisions 13. Investment Decision Methods 14. Risk in Investment Decisions 15. Cost of Capital 16. Portfolio Management Section 4 Working Capital Management 17. Working Capital Management – An Aggregate View 18. Management of Cash 19. Management of Inventory 20. Management of Receivables Section 5 Financial Instruments 21. Equity Stock Financing 22. Preferred Financing 23. Debenture Financing 24. Warrants and Convertibles 25. Term Loans 26. Lease Financing 27. Venture Capital 28. Commercial Paper 29. Factoring 30. Trade Credit 31. Financial Derivatives 32. Securitization of Assets Section 6 Long-term Financing Decision 33. Capital Structure Decisions 34. Financial Leverage 35. Determining Optimal Level of Debt 36. Capital Structure and Valuation of Enterprise Section 7 Dividend Decision 37. Dividend Policy and Valuation of Enterprise 38. Dividend Policies and Decisions Section 8 Corporate Restructuring and Strategic Alliances 39. Corporate Restructuring 40. Financial Restructuring 41. Strategic Alliances Section 9 International Financial Management 42. Concept and Dimensions of International Financial Management 43. International Financial Flows 44. Management of Foreign Exchange Market 45. Regulation of Foreign Exchange Market 46. Cost of Capital For MNCs 47. Working Capital Management For MNCs 48. Capital Budgeting For MNCs 49. International Portfolio Investment

Comprehensively revised, innovated and updated, the present text is gravid with following immanent features: - The entire text in its revised format has been restructured into Eight Sections and Forty-six Chapters. - Almost all the Chapters have been thoroughly revised in order to incorporate the latest developments in the sphere of financial system. - Section V of the text has been recast and its Eight Chapters rewritten so as to expose the learners to the recent developments in Indian financial markets. - Learning objectives at the beginning of every chapter have been outlined to enable the learners to identify key points and ideas contained therein. - Summary at the chapter end provides terse view of the crucial idea embodied in the chapter. - Key terms in every chapter after the summary provide eloquent understanding of various dimensions of business finance. - Quite a large number of illustrations have been added in many chapters to ease understanding of the comples concepts and theories. The revised edition of the book will be extremely useful to practising managers and learners of the commerce, management and other professional programme. Contents : PART I INTRODUCTION PART II TECHNIQUES OF FINANCIAL ANALYSIS PART III PLANNING FUNDS REQUIREMENTS PART IV SOURCES AND FORMS OF FINANCE PART V INSTITUTIONAL FINANCING PART VI NEW MODES OF FINANCING PART VII WORKING CAPITAL MANAGEMENT PART VIII DIVIDEND POLICY IN BUSINESS

The importance of an inclusive financial system is widely recognized in the policy circle in recent years and financial inclusion is seen as a policy priority in many countries. This book contains the seminar papers presented a seminar on 'Financial Inclusion − Aspects, issues and the Way Forward' organized by the Department of Business Management, Osmania University. The book will be useful to planners, policy makers, practitioners, academicians and researchers not only because of its topical relevance but also because of the scanty literature available in the topic. Financial Inclusion is about ensuring that everyone has access to appropriate financial services enabling them to manage their money on a day to day basis effectively, securely and confidently, plan for the future and cope with financial pressure by managing their finances to protect against short term variation in income and expenditure and take advantage of longer term variation in income and expenditure and take advantage of longer term opportunities and deal effectively with financial distress as finance has been recognized as a factor for growth and development. As banking services are in nature of public good it is essential that availability of banking and payment services to the entire population with out discrimination and is the prime objective of the public policy. Book Content of Financial Inclusion 1. 'Financial Inclusion - Aspects, Issues and the Way Forward' - Dr. V. Sudha 2. Financial Inclusion, Present Scenario and Rapid Penetration - Prof. K. Kalidas 3. An Overview on Financial Inclusion - T.V. Ravi Kumar 4. Financial Inclusion Aspect, Issues, and the Way Forward - A Report - E. Vinay & S. Samrat 5. Designing Complete Financial Inclusion - A. Ravi Prakash, S. Vijay Kumar, T. Shiva Kumar 6. Financial Inclusion in India - G. Paravathi & C. Lalitha 7. Assessment of Rural Financial inclusion in India - Mrs. Syed Tabassum Sultana 8. Financial Inclusion in India - Policty Perspective - Dr. S. Saraswathi 9. To exclude is easy, but to include is tough - An attempt to develop a model for financial inclusion for emerging economies - Shubhro Michael Gomes & M. Rameshwar Rao 10. Financial Inclusion - A Cost Perspective - Prof. S. Kasturi Rangan 11. A Path towards India's Future Economic Growth - Dr. S. Anitha Devi & S. Durga 12. 'Financial Inclusion - Its Challenges and Policy Initiative by Government of India and Reserve Bank of India' - Mohammed Younus 13. Outreach of SHG-Bank Linkage in India - A District-Level Analysis - Bibek Ray Chaudhuri 14. Financial Inclusion: Role of Microfinance - Dr. V. Vijay Durga Prasad & R. Satyanarayana 15. Financial Inclusion through Microfinance - Veenapani 16. Micro-Finance Institutions and Credit Accessibility to the Poor in Karnataka - Dr. Smitha Sambrani & Dr. Y. Jahangir 17. Role of Self Help Groups in Micro Finance - R. Radhika & Sushma R. 18. Financial Inclusion and Self Help Groups - Vandana S., Vani H. & N. Hemalatha 19. Financial Inclusion & Micro Financing for the Economic Development - B. Mohan Kumar & Y. Vinodhini 20. Financial Inclusion through Entrepreneurial Aspects - A Study of Select Villages in Khammam District - Dr. Jasti Ravi Kumar & Ms. D. Sujata 21. Developmental Assistance : A Pathway to Financial Inclusion - M. Madhavi & S. Pratibha 22. Financial Inclusion in India : Role of Banking System - Surendar Gade & Swapna D. 23. Financial Inclusion - The Role of Banks in India - Tatikonda Neelakantam, Vangaveeti Yugandhar, Soma Srinivas 24. Financial Inclusion : Role of Banks in India - Harsha Reddy 25. Rural Banking : A Development Tool for SSIs - Punit Kumar Dwivedi & Mehunkar Sanjay G. 26. Financial Inclusion and Outreach by RRBs in India - A Study - Mrs. K. Aparna & Dr. Rambabu Gopiseti 27. Assessment of Rural Financial Inclusion in India - Mrs. Syed Tabassum Sultana 28. Business Models for Financial Inclusion - T. Rekha Lakshmi 29. Conundrum of Global Financial Exclusion and need for ameliorating the Lot of Have NOTs - Dr. Megharaj, Prof. Prabhakar, Mr. C.Y.S. Krishna 30. Strategies for Building & Enhancing Capacities in Social Engineering : An Exploratory Framework for Deeper and Wider Financial Inclusion - Prof. A. Suryanarayana 31. Social Inclusion - A Prerequisite for Financial Inclusion - Bharat Bhushan Singh 32. Smart Card Technology & Financial Inclusion - Nagaraj Peddapalli & Prof. R. Nageswar Rao 33. Marketing of Financial Services in Rural Marketing - Role of Information Technology - Dr. R. Sampath Kumar 34. Role of Smart Cards in Financial Inclusion - Dr. Peddada Kameswari 35. Smart Living through Smart Cards - Mateen Ahmed Siddiqui, A. 36. Technology in Financial Inclusions - The Magic Mantra for Development - Rakesh J. 37. Financial Inclusion - The Role of IT in India - Tatikonda Neelakantam & Harinadh G. 38. SMART CARD - A Technological Approach to Financial Inclusion - Syeda Sara Azhar 39. Smart Card Technology - Is A Roadmap for Emerging Business and Interoperability - A.S. Kalyana Kumar 40. Technology of Smart Cards - The Engine for the Financial Inclusion - T.N. Nirmala Rani & Ms. Saritha 41. Smart Cards : Improve Trust and Reduce Costs - J. Suresh Reddy & Surayya Jabeen 42. Role of Technology in Addressing the Issues of Reducing Delivery Costs and Borrowing Costs - Dr. P. Sridhar & G. Arun Kumar 43. Empowerment as a Leadership Paradigm for Inclusive Development - A Concept Paper - Prof. a. Suryanarayana 44. Impact of Employee Engagement on Financial Inclusion - P.R.P. Rekha 45. The Role of HR in Financial Inclusion in India - Venkoba Rao 46. Inclusive Growth : The Role of Financial Education - B. Raghavendra & Dr. S.K. Ajmal Hussain 47. Strategies to Market Financial Products in Rural Areas - Dr. P. Ammani & Dr. P. Radhika 48. Housing as an Agent for Financial Inclusion - Mrs. N. Sravanthi 49. Indian Agricultural Farmers - From Debt to Death What is the need of the hour? - Mrs. K. Vijaya Lakshmi & Dr. S. Chandramouli 50. Falling Angels of Harvest - S. Anna Christina & Akshat Satyajit 51. Financial Inclusion - The Way Ahead - Mrs. Sawati Mathur & Mrs. Jayashree Patil-Dake 52. Financial Inclusion : Reach of Banking in India - Dr. V. Dheenadhayalan 53. A Special Focus on Role & Trends in the Growth of Services being offered by Banks / Others - Smt. U. Padmavathi

Today, awareness has increased. The liberalization and globalization has bought significant and broad-based. So, the students should acquire the conceptual thought towards interview scenario. The book provides update material on relate with financial aspects like accounting financial terms, capital market and derivative terms, abbreviation, etc., with some interview tips, which helps in better understanding for the finance specialization students, basically MFC, MBA (Finance), PGDM, BBA, B.Com. students. This book, also helpful to the students towards interview practices. Contents : 1. Glossary: Financial Term 2. Glossary: Accounting Term 3. Glossary: Derivative Terms 4. Glossary: Capital Market Term 5. Glossary: Banking Terms 6. Accounting Abbreviation 7. Interview Tips

This Book 'FUNDAMENTALS OF FINANCIAL DERIVATIVES' is a small treatise in the field of finance, but a big treasure in the world of finance. This book contains Fourteen chapters. Chapter One highlights the concept and-importance of derivatives. Chapter Two describes history and evolution of derivative markets. Chapter Three studies the past, present, and future prospects of derivative markets in India. Chapter Four explains the forward contracts. The basics of future derivatives have been systematically explained in Chapter Five. Theories of Future`s prices and hedging strategy using Futures have been discussed in Chapter Six and Seven. Chapter Eight explains the basics of option derivatives. Valuation or pricing of financial assets is one of the crux area in financial engineering. Chapter Nine focuses the various determinants (variables) of option pricing. Further, the bonds in option pricing and put-call parity concepts have also been explained in this chapter. Chapter Ten explains the Binomial Option Pricing Model (BOPM) in a simple language along with a number of practical examples. Similarly, a strategic approach has been made on 'Black Scholes Option Pricing Model' in Chapter Eleven. Chapter Twelve explains Hedging Strategies with Options. Chapter Thirteen deals with Options Trading Strategies in most lucid manner and lastly, Chapter Fourteen reflects the concept of SWAP derivatives. Contents : 1. Introduction to Derivatives 2. Derivative Markets : History and Evolution 3. Financial Derivative Markets In India 4. Forward Contract 5. Futures : The Basics 6. Theories of Futures Prices 7. Hedging Strategy Using Futures 8. Option : The Basics 9. Option Pricing : Basics 10. The Binomial Option Pricing Model(BOPM) 11. Black-Scholes Option Pricing Model 12. Hedging Strategies with Options 13. Options Trading Startegies 14. Swaps 15. Glossary of Derivative Concepts

InFin Advisory Services Private Limited (IASPL) set up in the year 2005 is one of the companies dealing in Advisory Services in the field of Stock Markets in India. We give advisories in trading in the equity, debt and derivatives instruments, etc., to the investors. IASPL has a strong team of analysts and advisors for giving customized advisories to the investors. The analysis and information gathered from our end, to the investors has helped in gaining profits to the retail investors across the nation. At IASPL, it has always been our endeavour to continuously upgrade the skills and proficiency of the Indian investor. Since, financially literate investors are the backbone of the securities market, knowledge and awareness about the securities market is of the foremost concern to us, starting with the most basic of information being made available as the first step. We therefore present to you, this book, 'First Step Towards The Stock Markets in India' in simple English format, prepared for those of you who are keen to acquire some basic and key information about the functioning of stock markets in India and also taking a First Step towards investing in it. A major step towards becoming a more informed and clever investor. We hope to clear major doubts and queries of the stock markets through this book and hope that we are successful, in inculcating a good habit of investing and saving, in you. Anyone who has any doubt or queries which may not have been answered in this book may feel free to contact us on the numbers provided in this book, or you may feel free to write to us any of your suggestions/queries, etc., and send it to our registered office address mentioned at the end of this book. The website name is: www.infin.co.in Book Content of First Step Toward The Stock Market in India 1. Basics Of Earnings 2. Investments 3. Securities` Market 4. Primary Market 5. Secondary Market 6. Instruments In The Secondary Markets 7. Depository 8. Mutual Funds 9. Clearing And Settlement 10. Company Affairs 11. Corporate Analysis 12. Ratio Analysis 13. Share Trading 14. Risk Management 15. Funds Management 16. Wealth Accumulation 17. Income Tax in India 18. Vital Information

The economic liberalisation process has increasingly exposed the financial market to international competition. The process of reforms has led to a pace of growth of Indian Stock Market almost unparallel to the history of any country. There is many a times calls from the professional students community, academicians, researchers and market participants about ongoing application-oriented information on financial market. Practical findings and research in financial market is the result of these enquiries. Hence, the real situational findings, implication of emerging issues in financial market have been analysed in the book-keeping in view the perceived competitive environment. The eighteen chapters of this book 'Indian Financial Market' covers a fascinating range of topics including stock market, derivatives, commodity markets, foreign direct investment, mutual fund, banking and insurance services, etc. Throughout, the emphasis is eminently practical, real deals, not abstract theory. The practical application of financial market is intended to represent more specific or micro-oriented consideration for professional students. This book presents the layout of the entire book within a single diagram. The book will be valuable to all individuals, including students, researchers, academicians, professionals, policy-makers and others, who have an interest to imbibe knowledge and learn the subject of financial market. Book Content of Indian Financial Market Theory and Practice 1. Market Efficiency of Indian Stock Markets 2. Derivatives Trading on Indian Stock Market 3. Expiration and Week effect on Indian Derivative Market 4. Currency Derivatives in Indian Stock Market 5. Commodity Market in India 6. Behavior Dynamics of Indian IPO Market 7. Stock Market, Market Capitalization and Net FII Investments in India 8. Indian Stock Market, Trading Volume, Exchange Rate, and Standard Gold Rate 9. FII Investment and Indian Stock Market Performance 10. Dividend Policies and Practices in Indian stock market 11. Indian Stock Market Reaction to Announcement of Bonus Issue 12. GDR Market in India 13. Emerging Market and Developed Market 14. Performance Evaluation of Mutual Funds in India 15. Mutual Fund Investors Behavior Model in Indian Stock Market 16. A Service Quality Model for Customers in Public Sector Banks 17. Holistic Approach for Debit Card Consumers in India 18. Inclusive Growth: Role of Insurance Industry in India             References

A decade ago, the concept of Financial Risk Management was confined to Western countries or developed countries. Financial Risk Management was having very little presence in Indian Financial Industry. Basel I forced some big international banks to follow risk management practices. Thanks goes to BIS and BASEL II document for wide acceptance of Financial Risk Management concept by banks and financial institutions worldwide. In India also, implementation of Basel II norms has been satisfactory. However, many financial institutions in India are missing risk culture and risk awareness among their finance managers. Till the time in 2007, RBI forcefully imposed implementation of Basel II norms on Indian banks, it was kept in back burner. RBI had issued a deadline to implement Basel II norms to the Indian banks with the international presence by 31st March`2008 and for the others by 31st March`2009. The challenge of RBI has now increased many fold by introduction of Basel III. The implementation of Basel III will start from 1st January `2013 and needs to be completed by 1st January` 2019. Focus of the Book We have written this second edition of Financial Risk management with the following objectives: 1. To create financial risk awareness among young finance managers and students of various professional courses in finance discipline. 2. To demonstrate the readers that the subject of Financial Risk Management is interesting, challenging, simple to understand and very much relevant in practice. 3. To explain the concepts and theories of Financial Risk Management in the simple manner so that the interest of readers is developed in the subject. 4. To provide a comprehensive knowledge about the Financial Risk management at one place to the readers. 5. To attract more students and professional to choose Financial Risk Management as career. 6. To help the risk managers understand the logics of risk management in a better way. The Financial Risk Management combines theory and practical applications. Contents - PART A : Introduction of Risk Management 1. The Role of Financial Institutions 2. Need of Risk Management 3. Identification of Risks PART B : Measurement of Various Risks 4. Measurement of Interest Rate Risk 5. Measurement of Market Risk 6. Measurement of Credit Risk 7. Measurement of Operational & Technology Risk 8. Measruement of Foreign Exchange & Sovereign Risk 9. Measruement of Liquidity Risk 10. Measruement of Off Balance Sheet Risks PART C: Management of Risks 11. Risk Management Tools 12. Interest Rate Risk Management 13. Market Risk Management 14. Credit Risk Management 15. Operational Risk Management 16. Foreign Exchange & Sovereign Risk Management 17. Liquidity Risk Management 18. Management of Capital Adequacy 19. Enterprise Wide Risk Management 20. Risk Reporting PART D : Regulatory and Other Issues in Risk Management 21. Regulatory Issues in Risk Management 22. Bank for International Settlement (BIS), Basel I, II & III PART E : Case Studies 23. Cases on Failure of Risk Management PART F : Other Important Concepts of Risk Management 24. Concepts Related to the Risk Management