Today, with the financial sector experiencing an unprecedented boom due to a variety of factors such as liberalisation, globalisation and consumer spending, the subject of this book has become more important than ever before. And this book compresses, within the covers of a single volume, the entire gamut of financial markets, institutions and financial services. Divided into three partsa Part I on Financial Markets deals with different Indian and global money markets, and primary and secondary markets. It also covers stock exchanges and their trade mechanism, foreign exchanges, as well as capital markets and their regulations; Part II, Financial Institutions covers diverse banking and non-banking institutions and their legislation; Part III, Financial Services discusses about the financial services which include mutual funds, lease financing, securitisation, and credit and debit cards. KEY FEATURES : A unique attempt to comprehensively analyse, within a single volume, the working of the three pillars of the financial systemafinancial markets, financial institutions, and financial services. Gives updated and latest financial data and related information on the subject. Provides tables and diagrams to illustrate the concepts, and questions (short answer and long answer/essay type) to test the comprehension skills of the students. Intended primarily as a text for the undergraduate and postgraduate students of Commerce, this accessible text will prove to be extremely useful also for the postgraduate students of Management, Economics, as well as for competitive examinations. In addition, it will be a ready reference for Chartered Accountants and all those who would like to acquaint themselves with Indian banking and capital market.When an investor buys such units/shares, he becomes a part owner of the schemea#39;s underlying investments. So, the retums he ... Net Asset Value (NAV) The performance of a particular mutual fund scheme is denoted by the Net Asset Value (NAV). The mutual funds ... 3. They provide liquidity as their units or shares are traded in the secondary market or repurchased by the funds themselves. 4. All mutualanbsp;...
|Title||:||FINANCIAL MARKETS, INSTITUTIONS, AND FINANCIAL SERVICES|
|Publisher||:||PHI Learning Pvt. Ltd. - 2008-07-11|