Financial System

Introduction to Financial System; Indicators of Financial Development; Concepts Related to Financial Markets and Institutions - Concept of Risk, Concept and types of return and yield, Asset Pricing Models, Valuation of Assets; Theories of Level and Structure of Interest Rates.

Reading List

·       Bhole, L.M. & Mahakud, J. (2017). Financial Institutions and Markets: Structure, Growth and Innovations. McGraw Hill Education (India) Pvt. Limited.

·       Fabozzi, Frank J., Modigliani, Franco P. & Jones, Frank J. (2013). Foundations of Financial Markets and Institutions. Pearson Education Limited. 

·       Mishkin, Frederic S. (2016). The Economics of Money, Banking and Financial Markets. Pearson.

Commercial Banking System
Commercial Banking - Role of Banks; Process of Credit Creation; Banks’ Financial Statement, International Banking, NPA, Risk Management in Banking; Banking sector reforms over last decade.
 
Reading List
·       Bhole, L.M. & Mahakud, J. (2017). Financial Institutions and Markets: Structure, Growth and Innovations. McGraw Hill Education (India) Pvt. Limited.
·       Fabozzi, Frank J., Modigliani, Franco P. & Jones, Frank J. (2013). Foundations of Financial Markets and Institutions. Pearson Education Limited. 
·       Mishkin, Frederic S. (2016). The Economics of Money, Banking and Financial Markets. Pearson.

Money Market

Introduction, Meaning and main characteristics of Money Market segments- Call Money Market, Treasury bill market, Commercial Papers Market, Certificate of Deposit Market, Gilt- edged Securities Market, Repo Market, Collateralised Borrowing and Lending Obligation (CBLO); Link between the Money Market and the Monetary Policy in India;  Functions and Importance of money market in India; Recent Developments in Indian Money Market.

 

Reading List

·       Bhole, L.M. & Mahakud, J. (2017). Financial Institutions and Markets: Structure, Growth and Innovations. McGraw Hill Education (India) Pvt. Limited.

·       Fabozzi, Frank J., Modigliani, Franco P. & Jones, Frank J. (2013). Foundations of Financial Markets and Institutions. Pearson Education Limited. 

·       Mishkin, Frederic S. (2016). The Economics of Money, Banking and Financial Markets. Pearson.

Capital Market

Meaning, Objectives, Importance and Functions of Capital Market; New financial instruments in primary capital Market.

Stock Market and Securities - IPO, Stock Exchanges, Stock Market Indices, Market Micro-Structure in Stock Market.

Derivatives Market - Types of Derivatives, Important Concepts used in Derivatives Market, Pricing of Futures, Options and Swaps.

Reading List

·       Bhole, L.M. & Mahakud, J. (2017). Financial Institutions and Markets: Structure, Growth and Innovations. McGraw Hill Education (India) Pvt. Limited.

·       Fabozzi, Frank J., Modigliani, Franco P. & Jones, Frank J. (2013). Foundations of Financial Markets and Institutions. Pearson Education Limited. 

·       Mishkin, Frederic S. (2016). The Economics of Money, Banking and Financial Markets. Pearson.