000			02029 a2200217 4500
008			140323b2012 xxu||||| |||| 00| 0 eng d
020			_a9788177083149
082			_bK8F4 _a332.10954
100			_aKunjukunju, Benson _9222040
245			_aFinancial system and financial institutions in India _cKunjukunju, Benson
260			_c2012 _bNew Century Publications _aNew Delhi
300			_axxxvii, 396 p.
504			_aIncludes bibliographical references and index.
520			_aFinance 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.
650			_aFinance
650			_aRural development - India
650			_aFinancial institutions - India
650			_aRural credit - India
700			_aMohanan, S. _957725
942			_cBK
999			_c376384 _d376384