Indian Financial System : Evolution and Outlook

Contents: Preface. 1. Introduction. 2. Reserve Bank of India the Central Bank. 3. Banking in India. 4. Industrial finance and financial institutions. 5. Financial markets. 6. Non-banking financial companies. 7. Insurance. 8. Mutual funds. 9. Bank regulation and supervision. 10. Policy issues: i. Whither supervision? ii. Financial inclusion. iii. Super regulator. Glossary. References.

The book is an endeavour to narrate the basics of financial sector in simple terms and induct the reader to Indian financial system\'s evolution, present structure and outlook. It covers India\'s banking sector,  monetary policy, capital markets, foreign exchange and insurance sector and the role of Reserve Bank of India in effectively guiding the sector. With 37 year experience in India\'s banking system, the author shares a perspective of a regulator who has been involved in framing financial policy and regulation. (jacket)