India S Emerging Financial Market

Author : H R Machiraju
Publisher : New Age International
Page : 344 pages
File Size : 46,8 Mb
Release : 2007
Category : Capital market
ISBN : 8122413838

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International Financial Markets And India by H R Machiraju Pdf

Globalization And Opening Up Of Our Economy Has Made It Essential To Understand The Functioning Of International Financial Markets Which Are Private And Unregulated.This Book Presents An Overview Of The International Financial Markets Including Foreign Exchange Market, International Money, Banking, Equity, (Stock Exchanges) And Bond Markets.Analysis Of The Exchange Rate Of Regimes Is Presented Along With The Theory Of Determination Of Exchange Rates. The Derivative Instruments Available For Hedging Exchange And Interest Rate Risks Are Discussed At Length. The Problem Of Liquidity And The Impact Of External Debt On Economic Stability Have Been Highlighted. The Practices In Syndicated Loan Which Are Relevant For Raising External Commercial Loans Are Stated. The Functioning Of Major Stock Exchanges In Developed And Emerging Countries Has Been Examined In View Of The Interest In Listing Equity In External Markets. Finally, The Concepts And Procedures In Accessing International Equity Markets Through Adrs And Gdrs Are Explained.The Book Would Be Of Immense Use To The Students Of Economics And Mba As Well As Bankers And Corporate Executives.

Author : Tomoe Moore
Publisher : Routledge
Page : 204 pages
File Size : 47,7 Mb
Release : 2007-09-27
Category : Business & Economics
ISBN : 9781134079216

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India's Emerging Financial Market by Tomoe Moore Pdf

In the early 1990s, financial liberalization started in India, and it was thought that such reforms would increase economic growth. This book is the first study to comprehensively apply the flow of funds model for India.

Author : Alak Ghosh
Publisher : Deep and Deep Publications
Page : 238 pages
File Size : 52,7 Mb
Release : 2001
Category : Capital market
ISBN : 8176292672

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Emerging Money Markets in India by Alak Ghosh Pdf

Papers discussed at a conference, organized by Indian Economic Association, held in December 1997, at Hyderabad.

Author : Rakesh Shahani
Publisher : Anamika Pub & Distributors
Page : 554 pages
File Size : 54,8 Mb
Release : 2008
Category : Financial services induatry
ISBN : 8179752224

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Financial Markets in India by Rakesh Shahani Pdf

Author : R. K. Uppal
Publisher : Unknown
Page : 264 pages
File Size : 47,9 Mb
Release : 2008
Category : Business & Economics
ISBN : IND:30000126265937

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Financial Sector of India by R. K. Uppal Pdf

ABOUT THE BOOK 17 years of financial reforms in India have created a fairly sound framework for higher growth and integration with the world economy. Though the task is by no means complete, the groundwork that has been laid will allow us to move rapidly towards the financial architecture that is appropriate for a country of India?s size and aspirations. Financial markets and institutions need to evolve considerably in order to keep up with the requirements of Indian firms and Indian investors in coming years. The corporate bond market is moribund and will have to be revived and a number of missing markets will have to be created, including exchange traded interest rate and foreign exchange derivatives contracts. But even in markets that exist, apart from the equity market for large capitalization stock, the ability to trade consistently at low cost and the tendency of market prices to reflect fundamentals are typically low for most markets. The country has moved on to a higher growth trajectory. To sustain and accelerate the growth momentum, further reforms in the financial sector are called for including a robust infrastructure for credit and an effective regulatory framework This book contains 14 papers, authored by scholars in the field, which deal with various dimensions of emerging financial scenario in India. The book is topical and useful for a cross-section of readership. ABOUT THE AUTHOR Dr. R.K. Uppal did his M.A. in economics from Punjabi University, Patiala in 1986. Thereafter, he obtained M.Phil. degree from MDU, Rohtak in 1987 and Ph.D. degree from Punjabi University, Patiala in 2003. Specialising in banking and finance, Dr. Uppal has 11 books to his credit and has published 40 research papers on the subject in reputed national and international journals. He has also presented more than 35 research papers in national and international conferences in Hawaii, Indonesia, Finland, Costa Rica, Australia, London and the UK. Presently, he is head of the Department of Economics, DAV College, Malout, Punjab and Principal Investigator of a UGC-financed research project on Indian banking. He is also Director of an ICSSR sponsored major research project on Indian banking.

Author : Umesh Chand Patwal
Publisher : Unknown
Page : 280 pages
File Size : 54,8 Mb
Release : 2011
Category : Capital market
ISBN : 9380963009

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India's Emerging Financial Market : A Flow of Fund Model by Umesh Chand Patwal Pdf

Author : Paramita Mukherjee
Publisher : Springer Nature
Page : 303 pages
File Size : 46,9 Mb
Release : 2022-01-24
Category : Business & Economics
ISBN : 9789811676680

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Revisiting the Indian Financial Sector by Paramita Mukherjee Pdf

This book provides perspectives on the latest developments and pertinent issues in the Indian financial sector in current times. The reforms initiated in the nineties in the financial sector have transformed the way financial markets and institutions function today. However, certain sectors like banking, and markets like the capital market have undergone sea changes. The research contributions in this book focus on the issues pertaining to such sectors like banking, NBFCs and the stock market. The opening up of financial markets and emergence of institutional investors have been a significant phenomenon in the Indian context. At this backdrop of increasing financial integration, the impact of financial liberalisation on the overall development of the sector, and how the global policies and events influence the Indian financial sector, are analysed in the book. The emergence of new regulations in the capital markets to instill more discipline and transparency, have also changed the way corporates take financing decisions. For example, regulatory authorities are continuously reviewing norms pertaining to issues like promoters’ shareholding owing to risks arising from excessive leverage and the linkages between financial intermediaries. Corporate governance, environmental aspects are some important additions in corporate financing norms in the recent past. The book incorporates a discussion on this, too. Apart from these, the book also has incorporated several aspects on an emerging concept called financial inclusion, its measurement and constraints to achieve the same. And finally, at the backdrop of the disruption created by the COVID-19 pandemic, the impact on the Indian capital market is also discussed. Contributions are based on rigorous empirical research and incorporate the perspectives of renowned academicians in the field of finance and financial economics across the country. Apart from the research community, this book will also be helpful for financial analysts working in the financial sector to have some idea about the current issues, the direction of research on those issues and different perspectives on them.

Author : Rajesh Chakrabarti,Sankar De
Publisher : SAGE Publications
Page : 419 pages
File Size : 46,9 Mb
Release : 2010-11-10
Category : Business & Economics
ISBN : 9788132105008

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Capital Markets in India by Rajesh Chakrabarti,Sankar De Pdf

This book provides a comprehensive picture of the recent trends and developments in the Indian finance scenario. It provides the reader with a comprehensive description and assessment of the Indian capital markets and an analytical approach together with a description of major recent developments and the current status of the finance sector. The collection deals with issues like brokerage, security analysis, and underwriting, as well as the legal infrastructure of the markets. It focuses primarily on the Indian stock markets, corporate bond markets and derivatives markets. It also looks at the importance of asset management companies such as those involved with mutual funds, pension funds and venture capital funds to gain a better understanding of the asset management industry in India.

Author : Raj Kapila,Uma Kapila
Publisher : Academic Foundation
Page : 406 pages
File Size : 48,6 Mb
Release : 2001
Category : Business & Economics
ISBN : 8171882234

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India's Banking and Financial Sector in the New Millennium by Raj Kapila,Uma Kapila Pdf

Eminent economists, financial experts, and top bankers are the authors of the essays collected within these two volumes, which present a concise and authoritative overview of some of the latest and the most challenging issues facing India's financial sector in the 21st century.

Author : Masahiro Kawai,Eswar Prasad
Publisher : Brookings Institution Press
Page : 441 pages
File Size : 44,6 Mb
Release : 2011
Category : Business & Economics
ISBN : 9780815704898

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Financial Market Regulation and Reforms in Emerging Markets by Masahiro Kawai,Eswar Prasad Pdf

"In the wake of the global financial crisis that began in 2008, offers a systematic overview of recent developments in regulatory frameworks in advanced and emerging-market countries, outlining challenges to improving regulation, markets, and access in developing economies"--Provided by publisher.

Author : Rakesh Mohan,Partha Ray
Publisher : International Monetary Fund
Page : 35 pages
File Size : 42,9 Mb
Release : 2017-01-20
Category : Business & Economics
ISBN : 9781475570168

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Indian Financial Sector by Rakesh Mohan,Partha Ray Pdf

This paper traces the story of Indian financial sector over the period 1950–2015. In identifying the trends and turns of Indian financial sector, the paper adopts a three period classification viz., (a) the 1950s and 1960s, which exhibited some elements of instability associated with laissez faire but underdeveloped banking; (b) the 1970s and 1980s that experienced the process of financial development across the country under government auspices, accompanied by a degree of financial repression; and (c) the period since the 1990s till date, that has been characterized by gradual and calibrated financial deepening and liberalization. Focusing more the third period, the paper argues that as a consequence of successive reforms over the past 25 years, there has been significant progress in making interest and exchange rates largely market determined, though the exchange rate regime remains one of managed float, and some interest rates remain administered. Considerable competition has been introduced in the banking sector through new private sector banks, but public sector banks continue have a dominant share in the market. Contractual savings systems have been improved, but pension funds in India are still in their infancy. Similarly, despite the introduction of new private sector insurance companies coverage of insurance can expand much further, which would also provide greater depth to the financial markets. The extent of development along all the segments of the financial market has not been uniform. While the equity market is quite developed, activities in the private debt market are predominantly confined to private placement form and continue to be limited to the bluechip companies. Going forward, the future areas for development in the Indian financial sector would include further reduction of public ownership in banks and insurance companies, expansion of the contractual savings system through more rapid expansion of the insurance and pension systems, greater spread of mutual funds, and development of institutional investors. It is only then that both the equity and debt markets will display greater breadth as well as depth, along with greater domestic liquidity. At the same time, while reforming the financial sector, the Indian authorities had to constantly keep the issues of equity and efficiency in mind.

Author : Songporn Hansanti,Sardar M. N. Islam,Peter Sheehan
Publisher : Physica
Page : 226 pages
File Size : 40,9 Mb
Release : 2008-07-22
Category : Business & Economics
ISBN : 379082044X

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International Finance in Emerging Markets by Songporn Hansanti,Sardar M. N. Islam,Peter Sheehan Pdf

This book reviews the contemporary issues in international monetary and financial economics (such as financial liberalisation, crisis, exchange rate determination, capital control, domestic capital market reform, etc.) in an emerging financial market such as Thailand from a welfare economic p- spective, highlighting the social welfare implications of these issues. This 3 book also suggests a normative social approach (as formalised in the new welfare economics paradigm) (see Islam 2001a,b for a discussion of this ; concept) for analysing and addressing these issues and formulating appr- riate policies. Undertaking the above tasks, the asymmetric information paradigm 3 and other elements of the new welfare economics paradigm are adapted in analysing the international financial issues of Thailand, their causes and economic and social welfare consequences. The last two decades have been a critical period for Thailand’s dev- opment. From the mid-1980s to the beginning of the 1990s, the Thai economy performed remarkably well and was a showcase for the world economy. Having achieved a double-digit growth rate for a brief period, Thailand in the late 1980s was regarded as the fastest growing economy in the world by the World Bank and the IMF. With prospects of further rapid economic growth, the Thai government accepted Article VIII of the IMF, which required Thailand to liberalise and deregulate its financial system.

Author : Leonardo E. Stanley
Publisher : Anthem Press
Page : 260 pages
File Size : 49,7 Mb
Release : 2018-03-15
Category : Business & Economics
ISBN : 9781783086757

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Emerging Market Economies and Financial Globalization by Leonardo E. Stanley Pdf

In the past, foreign shocks arrived to national economies mainly through trade channels, and transmissions of such shocks took time to come into effect. However, after capital globalization, shocks spread to markets almost immediately. Despite the increasing macroeconomic dangers that the situation generated at emerging markets in the South, nobody at the North was ready to acknowledge the pro-cyclicality of the financial system and the inner weakness of “decontrolled” financial innovations because they were enjoying from the “great moderation.” Monetary policy was primarily centered on price stability objectives, without considering the mounting credit and asset price booms being generated by market liquidity and the problems generated by this glut. Mainstream economists, in turn, were not majorly attracted in integrating financial factors in their models. External pressures on emerging market economies (EMEs) were not eliminated after 2008, but even increased as international capital flows augmented in relevance thereafter. Initially economic authorities accurately responded to the challenge, but unconventional monetary policies in the US began to create important spillovers in EMEs. Furthermore, in contrast to a previous surge in liquidity, funds were now transmitted to EMEs throughout the bond market. The perspective of an increase in US interest rates by the FED is generating a reversal of expectations and a sudden flight to quality. Emerging countries’ currencies began to experience higher volatility levels, and depreciation movements against a newly strong US dollar are also increasingly observed. Consequently, there are increasing doubts that the “unexpected” favorable outcome observed in most EMEs at the aftermath of the Global Financial Crisis (GFC) would remain.

Author : Larry Sawers,Daniel M. Schydlowsky,David Nickerson
Publisher : World Scientific
Page : 290 pages
File Size : 47,6 Mb
Release : 2000
Category : Business & Economics
ISBN : 9810238452

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Emerging Financial Markets in the Global Economy by Larry Sawers,Daniel M. Schydlowsky,David Nickerson Pdf

This collection of papers considers many of the important issues raised by these dramatic changes in emerging financial markets, including: the nature of this systemic risk and how governments can go about reducing it: how to increase the supply of capital that can be invested in development; aspects of foreign direct investment; informal credit markets; the impact of informal finance on development; how lessons learned from microfinance in developing countries can be applied to credit markets in the United States; and how to create institutions that can effectively deal with the problems inherent in lending to poor people in developing countries. The book is intended for policy makers and scholars interested in capital markets in developing and transition economies. It is also suitable for use as a supplementary text in upper level undergraduate courses on development finance.

Author : Aswini Kumar Mishra,Vairam Arunachalam,Sanket Mohapatra,Dennis Olson
Publisher : Springer Nature
Page : 191 pages
File Size : 45,7 Mb
Release : 2020-11-25
Category : Business & Economics
ISBN : 9783030600082

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The Financial Landscape of Emerging Economies by Aswini Kumar Mishra,Vairam Arunachalam,Sanket Mohapatra,Dennis Olson Pdf

This volume presents current developments in the field of finance from an emerging markets perspective. Featuring most of the contributions presented at the second International Conference on Economics and Finance (ICEF-2020), Goa, India, this volume serves as a valuable forum for discussing financial performance and well-being, economic policy uncertainty, efficiency of commodity markets and various recent trends in the banking and financial sector. It provides an analysis of the current state of the financial sector and proposes solutions to challenging topics including bankruptcy, audit quality and liquidity crises. Popular topics such as cryptocurrency, stock market volatility and board governance are also covered.