About the Book: Indian Financial System
Financial systems issues undermine the effectiveness of monetary policy,
exacerbate economic downturns, trigger capital flight and exchange rate
pressures, and create large fiscal costs related to rescuing troubled financial
institutions. A financial market in which long-term debt obligations and equity
securities are bought and sold and all financial transactions are executed
between users and suppliers of funds. Financial markets are a part of the
changing business paradigms, across the globe. It is hoped that this book will
be very useful society in general and students of Economics/Commerce in
particular. ABOUT THE AUTHORS Prof. Neelkanth Gajanan Pendse (MA, PhD) is former
Head of