Description

About the Book

Financial institutions play an important role in economic development of a country. The smooth functioning and adherence to certain sound practices is ensured by their regulators constituted by the government for the purpose. This book is written to provide the deeper understanding of the growth and development of financial institutions and regulatory framework pertaining to each type of financial institution in India. This book is divided in to eight chapters. The first chapter gives an overview of financial institutions, their structural classification and the regulatory framework. Chapter 2 explains about the banking institutions, tracking the emergence of banks, their classification, functions and major reforms in banking sector in India since 1991. Chapter 3 emphasises on the management of commercial banks’ operations wherein four major operational areas are covered namely capital adequacy, interest rates, assets liability management and credit risk management. Chapter 4 covers Non-Banking financial Companies, their classification, working, scope and regulations. The next chapter 5 highlights the concept, emergence and structure of development Financial Institutions in three categories i.e. all India level, state level and others. Chapter 6 covers the working of asset management companies. Chapter 7 primarily focusses on working of Insurance organisations and the last chapter 8 covers the micro finance institutions in India, their evolution, microfinance delivery models and the regulatory environment

About the Author

Dr. Krishna Murari (MBA, UGC NET(JRF) &PhD)is currently working as anAssociate Professor and Head of the Department of Management, Sikkim University (A Central University), Gangtok. He is an alumnus of Indian Institute of Management, Ahmedabad. and actively engaged in teaching and research activities. Dr. Murari has published more than 30 research papers in the international and national journals of repute. He has more than 15 years of teaching experience at Doctoral & PG level in the university set up. Having his personal interest in research in social sciences, Dr. Murari has been invited as resource person at various places to deliver lectures on research methodology & data analysis using statistical softwares. His areas of interest include Corporate Finance, Financial System, Security Analysis and Portfolio Management, Statistical Analysis, Financial Econometrics and Banking.