Indian Financial System
Year / Semester: 
4th Semester

This course aims at providing the students the intricacies of Indian financial system for better financial decision making.


Introduction to Indian Financial System, Savings and Financial Intermediation Banking, Reserve Bank of India, Commercial Banks, Regional Rural Banks, Cooperative Credit, Non-Banking Finance Companies, Development Banking Investment Banking, Merchant Banking, Mutual Funds, Money Market, Foreign Exchange Market, Capital Markets: (a) Primary Market (b) Secondary Market: Stock Exchanges

Suggested Readings: 

1. Machiraju, ‘Indian Financial System’ – Vikas Publishing House, 2nd Edition, 2002.
2. Varshney P.N., & Mittal D.K., ‘Indian Financial System’, Sultan Chand & Sons, New Delhi. 2002.
3. Verma J.C., ‘Venture Capital Financing in India’, Sage, New Delhi, 1997.