Financial Institutions and Markets

Paper Code: 
CBBA 603
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
12.00
Unit I: 
Structure of Indian Financial System

An overview of the Indian Financial System, Functions and Structure of Financial System, Financial Sector Reforms: Need and Objectives; Introduction to Financial Institutions in India, Role of RBI, Products offered by Banks, RBI Guidelines.

12.00
Unit II: 
Introduction to Financial Markets in India

Role and Importance of Financial Markets, Financial Markets: Money Market; Capital Market; Recent developments in Indian Capital Markets, Factors affecting Financial Markets.

12.00
Unit III: 
Secondary Market in India

Introduction to Stock Markets, Functions of Stock Market, Role and Significance of Stock Market in India, Introduction to DEMAT Account. Comparison between NSE and BSE, Raising of funds in International Markets: ADRs and GDRs, Indian Stock Indices.
Mutual Funds: Introduction, Schemes, Characteristics, Advantages and Disadvantages, Determinants of Mutual Fund performance.

12.00
Unit IV: 
Debt Market in India

Introduction, Market for Government Debt, Government Bonds VS Corporate Bonds, Concept, Importance and role of NBFCs, DIIs, and FFIs. Difference between FFIs and DIIs.

12.00
Unit V: 
Money Markets in India

Meaning, role, Characteristics and participants in money markets, Structure of money markets, Call Money Markets, Treasury Bill Markets, Market for Commercial Paper, Commercial Bills and Certificate of Deposit, Recent development in Money Market.

Essential Readings: 

1. Saunders, Anthony & Cornett, Marcia Millon (2007). Financial Markets and Institutions (3rd ed.). Tata McGraw Hill
2. Khan, M Y. ( 2010). Financial Services (5th ed.). McGraw Hill Higher Education
3. Shahani, Rakesh( 2011). Financial Markets in India: A Research Initiative. Anamica Publications

References: 

1. Goel, Sandeep. (2012). Financial services. PHI.
2. Gurusamy, S. (2010). Financial Services. TMH.

Academic Year: