In fifteen years of reforms, the Indian financial system has metamorphosed into a substantive, competitive, market-oriented, modern and cost-effective twenty-first century system. This new edition, though fully revised and updated, preserves the strengths of the first edition while meeting the academic needs and aspiration of today's students and academicians. It has fuller treatment of the topics and, consequently, the size of the chapters has been enlarged to facilitate better understanding. Each chapter includes chapter objectives, boxes that discuss important concepts explored in detail, supp Paperbackortive up-to-date data, key terms, review exercises and chapter summary.The State Bank of India (SBI) became the major shareholder and DFHI became a subsidiary of SBI from March 3 1 , 2003. ... The Reserve Bank has been making several modifications to the scheme since 1995-96 to make it more flexible and attractive to a ... money market deposit account (MMDA) or as a separate entity. Now, all MMMFs have to be set up as separate entities only in the form of a .trust.
|Title||:||The Indian Financial System: Markets, Institutions And Services, 2/E|
|Publisher||:||Pearson Education India - 2007-09-01|