H. R. Machiraju’s Indian Financial System is an all-inclusive book designed for students of economics and business administration. It provides a detailed coverage of the working of money market, capital market, and financial intermediaries. It explains the basic fundamentals, regulations and practices associated with the Indian financial system. The Indian financial system has been thoroughly revised in accordance with the changing economic scenario. This has led to the complete revision of Machiraju’s book Indian Financial System. Thus, this fourth edition has been entirely revised so as to accommodate the changes that took place in the recent years of the financial system. However, the author has retained the original focus of the book, the analysis of the principles involved in the foreign exchange market, capital market, and money market.

Indian Financial System lays emphasis on Corporate Bond Market, Financial Sector Assessment, Secondary Market in Bonds, International Financial Crisis, Reserve Bank and Priority Sector, Microfinance, Demise of Investment Banks in USA in 2008, Altered Structure of International Syndicated Loans, Decline of DFI’s, and Basel II Guidelines 2007/2008. This fourth edition of the book covers Commercial Banking, An Introduction to Indian Financial System, Regional Rural Banks, Money Market, Investment Banking, Cooperative Credit, Savings and Financial Intermediation, Development Banking, Mutual Funds, Primary Market, The Indian Financial System, Reserve Bank Of India, Accessing International Capital Markets, Non-Bank Financial Companies, Foreign Exchange Market, Merchant Banking, Secondary Market, SEBI, and Foreign Investment and its Regulations.

Contents:
1. An Introduction To Indian Financial System
2. Savings And Financial Intermediation
3. Commercial Banking
4. Reserve Bank Of India
5. Regional Rural Banks
6. Cooperative Credit
7. Developement Banking
8. Non-Bank Financial Companies
9. Investment Banking
10. Merchant Banking
11. Mutual Funds
12. SEBI And Regulation Of Primary And Secondary Markets
13. Money Market
14. Foreign Exchange Market
15. Primary Market
16. Secondary Market: Stock Exchanges
17. Foreign Investment And Its Regulations
18. Accessing International Capital Markets
19. The Indian Financial System