COURSE SUMMARY
Course Title: 
Indian Financial System
Course Code: 
18COM731
Year Taught: 
2019
Semester: 
2
Type: 
Elective
Degree: 
Doctoral Programs
School: 
School of Arts and Sciences
Campus: 
Kochi

'Indian Financial System' is an elective course offered in the second semester of M. Phil. Commerce and Management (Part - Time) offered by School of Arts & Sciences, Kochi.

Unit 1: 

Introduction – Nature and role of financial system – Financial system and financial markets – Financial system and economic development – Indian financial system – an overview.

Unit 2: 

Insurance sector – Objectives – Role – Investment practices of LIC and GIC – Insurance Regulatory and Development Authority – Role and functions.

Unit 3: 

Unit Trust of India – Objectives – Functions – Various schemes of UTI – Role of UTI in industrial finance.

Unit 4: 

Mutual Funds – Concept – Performance appraisal – regulation of mutual funds (with special reference to SEBI guidelines) – Designing and marketing of mutual funds schemes – Latest mutual fund schemes in India – an overview.

Unit 5: 

Foreign Investments – Types – Trends – Implications – Regulatory framework for foreign investments in India.

  1. Avdhani, 1999, Investment and Securities Markets in India, Delhi, Himalaya Publications.
  2. Bhole, L.M., 2000, Financial Markets and Institutions, Delhi, Tata McGraw Hill.
  3. Varshney, P.N., 1999, Indian Financial System, New Delhi, Sultan Chand & Sons.
  4. Srivastava R.M., 2001, Management of Indian Financial Institution, Himalaya Publishing House.