Financial Markets and Institutions

Part 1 INTRODUCTION AND OVERVIEW OF FINANCIAL MARKETS
1 Introduction
2 Determinants of Interest Rates
3 Interest Rates and Security Valuation
4 The Federal Reserve System, Monetary Policy, and Interest Rates

Part 2 SECURITIES MARKETS
5 Money Markets
6 Bond Markets
7 Mortgage Markets 
8 Stock Markets
9 Foreign Exchange Markets
10 Derivative Securities Markets 

Part 3 COMMERCIAL BANKS
11 Commercial Banks
12 Commercial Banks’ Financial Statements and Analysis
13 Regulation of Commercial Banks

Part 4 OTHER FINANCIAL INSTITUTIONS
14 Other Lending Institutions
15 Insurance Companies
16 Securities Firms and Investment Banks 
17 Investment Companies 
18 Pension Funds 
19 Fintech Companies 
20 Types of Risks Incurred by Financial Institutions

Overview:

This book is aimed at the first course in financial markets and institutions at both the undergraduate, MBA and PGDM levels. It offers a unique analysis of the risks faced by investors and savers interacting through both financial institutions and financial markets, as well as strategies that can be adopted for controlling and better managing  these risks. Special emphasis is put on new areas of operations such as asset securitization, off-balance-sheet activities, and globalization of financial services. 

This Indian adapted edition integrates the latest figures, policy actions, and market changes, ensuring contemporary relevance. It also introduces new coverage on AI in Finance and FinTech, offering insights into this dynamic sector. The book equips learners with a deeper understanding of India's evolving landscape and the role of RBI. Ample analytical techniques are also included as practical tools to help students understand the operation of modern financial markets and institutions.


Key Features:

• Updates on the major changes proposed for the regulation of financial institutions included throughout the book.
• Special emphasis on new areas of operations in financial markets and institutions such as asset securitization and globalization of financial services.
• New topics like AI in Finance, FinTech and the Role of RBI integrated along with updated trends in Indian industry under 'The Indian Perspective' boxes.
• Excel based problems featured at the end of selected chapters.