Financial system and financial institutions in India Kunjukunju, Benson

By:

Kunjukunju, Benson

Contributor(s):

Mohanan, S

Publication details: 2012 New Century Publications New DelhiDescription: xxxvii, 396 pISBN:

9788177083149

Subject(s):

DDC classification:

K8F4 332.10954

Summary: Finance is the mainstay of any development strategy. The financial system promotes savings by providing a wide variety of financial assets to the general public. Savings collected from the household sector are pooled together and allocated to various sectors of the economy for raising production levels. If the allocation of credit is judicious and socially equitable, it can help achieve the twin objectives of growth and social justice. In India, financial institutions (intermediaries), which provide a meeting ground for the savers and the investors, form the core of the country's financial sector. Through mobilization of resources and their better allocation, financial intermediaries play an important role in the development process of underdeveloped countries. This book examines the changes which have swept India's financial sector since Independence in 1947, with a focus on the post-1991 period. It looks at the functioning of financial institutions, such as: the Reserve Bank of India, commercial banks, development finance institutions, state level financial institutions, regional rural banks, venture capital companies, insurance organizations, and more. The book will serve the needs of legislators, business executives, entrepreneurs, investors, and others interested in financial sector developments in India.

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Holdings
Item type	Current library	Collection	Call number	Status	Date due	Barcode	Item holds
Book	Ahmedabad	Non-fiction	332.10954 K8F4 (Browse shelf(Opens below))	Available		178348

Total holds: 0

Browsing Ahmedabad shelves, Collection: Non-fiction Close shelf browser (Hides shelf browser)

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	322.10954209041 B2H4 Hindu mahasabha in colonial North India, 1915-1930: construction nation and history	332.1094 L9F8 The future of financial regulation: who should pay for the failure of American and European banks?	332.10954 K8F4 Financial system and financial institutions in India	332.10954 P8B4 Bharat's manual of non-banking financial companies	332.10954 R2M8 Musings of barefoot bankers: lesson from ground zero: moorings for financial inclusion

Includes bibliographical references and index.

Finance is the mainstay of any development strategy. The financial system promotes savings by providing a wide variety of financial assets to the general public. Savings collected from the household sector are pooled together and allocated to various sectors of the economy for
raising production levels. If the allocation of credit is judicious and socially equitable, it can help achieve the twin objectives of growth and social justice. In India, financial institutions (intermediaries), which provide a meeting ground for the savers and the investors, form the core of the country's financial sector. Through mobilization of resources and their better allocation, financial intermediaries play an important role in the development process of underdeveloped countries. This book examines the changes which have swept India's financial sector since Independence in 1947, with a focus on the post-1991 period. It looks at the functioning of financial institutions, such as: the Reserve Bank of India, commercial banks, development finance institutions, state level financial institutions, regional rural banks, venture capital companies, insurance organizations, and more. The book will serve the needs of legislators, business executives, entrepreneurs, investors, and others interested in financial sector developments in India.

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