Indian Financial System is a comprehensive guide that delves into the intricate structure and functioning of India’s financial markets, institutions, and regulatory frameworks. This book provides an in-depth analysis of the financial system’s evolution, covering key aspects such as banking, insurance, capital markets, mutual funds, and fintech innovations.

The book critically examines the role of regulatory bodies like the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) in shaping financial policies and ensuring market stability. It also highlights significant reforms, including financial inclusion initiatives, digital banking transformations, and the impact of globalization on India’s economy.

Designed for students, academicians, professionals, and policymakers, this book offers a balanced blend of theoretical concepts and real-world applications. It simplifies complex financial terminologies and presents practical insights through case studies and contemporary examples.

Authored by experienced academicians—Dr. Sanjay Sharma, Ms. Bhawana Porwal, and Ms. Dawakit Lepcha—this book...