{"id":7414,"date":"2025-09-26T17:29:02","date_gmt":"2025-09-26T17:29:02","guid":{"rendered":"https:\/\/jecpublication.com\/?post_type=product&p=7414"},"modified":"2025-09-26T17:29:02","modified_gmt":"2025-09-26T17:29:02","slug":"financial-institutions-markets-the-indian-context","status":"publish","type":"product","link":"https:\/\/jecpublication.com\/index.php\/product\/financial-institutions-markets-the-indian-context\/","title":{"rendered":"FINANCIAL INSTITUTIONS & MARKETS The Indian Context"},"content":{"rendered":"

ISBN:<\/strong><\/strong> 978-93-6976-331-3<\/p>\n

Authors:<\/strong><\/strong><\/p>\n

Prof. Avirup Mukherjee
\nDr. P Sagar
\nDr. Arpana Sharma
\nDr. Navneet D Deshpande<\/p>\n

Total Pages:<\/strong><\/strong> 352<\/p>\n","protected":false},"excerpt":{"rendered":"

The financial system forms the backbone of any modern economy, enabling the flow of funds,
\nfacilitating investment, managing risks, and supporting inclusive growth. In India, the evolution
\nof financial institutions and markets has been particularly dynamic, reflecting the interplay of
\npolicy reforms, technological advancements, globalization, and regulatory innovations.
\nRecognizing the crucial role that financial intermediation plays in shaping economic development,
\nthis book seeks to provide students, academicians, researchers, and practitioners with a
\ncomprehensive and updated understanding of financial institutions and markets in the Indian
\ncontext.
\nThe book has been structured into fourteen units that systematically explore the functions,
\nstructures, and roles of financial systems and markets. Beginning with an overview of the Indian
\nfinancial system and its regulatory architecture, it examines the interrelationship between money
\nmarkets, capital markets, banking systems, non-banking financial companies, development
\nfinancial institutions, insurance, mutual funds, and other specialized intermediaries. The
\ndiscussion extends to emerging areas such as derivatives, foreign exchange markets, financial
\nsector regulators, digital finance, and the implications of globalization for Indian financial
\nmarkets. Each unit blends theoretical foundations with practical insights, integrating case studies,
\nrecent policy developments, and contemporary challenges to enrich the reader\u2019s understanding.
\nA unique feature of this book is its emphasis on the Indian context, where reforms in banking,
\ninsurance, and capital markets have not only strengthened financial intermediation but also
\npromoted financial inclusion and stability. The inclusion of fintech innovations, regulatory
\nsandboxes, and digital platforms reflects the ongoing transformation of India\u2019s financial
\nlandscape. In addition, the book underscores the interconnectedness between domestic and global
\nmarkets, preparing readers to appreciate both local realities and international trends.
\nThe text is designed to serve as a core resource for undergraduate and postgraduate courses in
\ncommerce, economics, and management, while also being a valuable reference for aspirants of
\ncompetitive examinations such as UGC-NET, CA, CS, CFA, and banking services. Each chapter
\nis supported by learning objectives, outcomes, review questions, and references, enabling a
\nstructured and learner-friendly approach.
\nWe express my deep gratitude to colleagues, mentors, and students whose feedback,
\nencouragement, and critical observations have greatly contributed to shaping this work. We also
\nacknowledge the vast body of literature, research contributions, and policy reports that informed the writing of this book. Above all, we are indebted to our family members for their constant
\nsupport and patience during the long and demanding process of writing.
\nIt is our hope that this book will not only help learners understand the theoretical and institutional
\naspects of Indian financial systems but also inspire them to critically engage with the challenges
\nand opportunities that lie ahead. Finance is no longer a domain limited to professionals; it is an
\nessential component of informed citizenship in a rapidly changing global economy. If this work
\nsucceeds in making financial concepts accessible, relevant, and meaningful for its readers, it will
\nhave fulfilled its purpose.
\nAuthors
\nProf Avirup Mukherjee
\nDr P Sagar
\nDr. Arpana Sharma
\nDr.Navaneet D. Deshpande<\/p>\n","protected":false},"featured_media":7415,"comment_status":"open","ping_status":"closed","template":"","meta":[],"authors":[],"publishers":[],"product_cat":[45,55],"product_tag":[],"class_list":{"0":"post-7414","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","5":"hentry","6":"product_cat-english","7":"product_cat-pharmacuticals","8":"entry","9":"has-media","11":"owp-thumbs-layout-horizontal","12":"owp-btn-normal","13":"owp-tabs-layout-horizontal","14":"has-no-thumbnails"},"_links":{"self":[{"href":"https:\/\/jecpublication.com\/index.php\/wp-json\/wp\/v2\/product\/7414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jecpublication.com\/index.php\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/jecpublication.com\/index.php\/wp-json\/wp\/v2\/types\/product"}],"replies":[{"embeddable":true,"href":"https:\/\/jecpublication.com\/index.php\/wp-json\/wp\/v2\/comments?post=7414"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jecpublication.com\/index.php\/wp-json\/wp\/v2\/media\/7415"}],"wp:attachment":[{"href":"https:\/\/jecpublication.com\/index.php\/wp-json\/wp\/v2\/media?parent=7414"}],"wp:term":[{"taxonomy":"authors","embeddable":true,"href":"https:\/\/jecpublication.com\/index.php\/wp-json\/wp\/v2\/authors?post=7414"},{"taxonomy":"publishers","embeddable":true,"href":"https:\/\/jecpublication.com\/index.php\/wp-json\/wp\/v2\/publishers?post=7414"},{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/jecpublication.com\/index.php\/wp-json\/wp\/v2\/product_cat?post=7414"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/jecpublication.com\/index.php\/wp-json\/wp\/v2\/product_tag?post=7414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}