Page 4 - DCOM304_INDIAN_FINANCIAL_SYSTEM

SYLLABUS
Indian Financial System

Objectives: To analyze the role of a financial system in the development of an economy by understanding various constituents
of a country’s financial system and debate on whether and how each of these constituents should work together to have the
right influence on the economy. Moreover, to understand the rules and regulations that governs the Indian financial markets,
along with the steps taken by regulators to ensure stability.

DCOM503 Indian Financial System

Sr. No. Description
1. Indian Financial System: Introduction, components, key elements, functions, nature and role of financial system
and financial instruments.
2. Financial Market Reforms: Context, need and objectives; major reforms after 1991.
3. Financial Markets: Money market in India; nature, instruments, types, players, location, functioning and
participation.
4. Indian Capital Market: Introduction, structure, functions and role.
5. Primary Market: Introduction, Book building, online IPOs, Green-shoe option.
6. Secondary Market: Introduction, stock exchanges, Listing of securities, trading and settlement and role of
NSCCL.
7. Depositories and Custodians: Depository system, DMAT, NSDL,CDSL, custodians, the Stock Holding
Corporation of India Ltd.
8. Financial Institutions: Banking and Non Banking Financial Institution, Development Financial Institution
(including RRBs).
9. Introduction to Financial Services: Factoring, Mutual Funds, Venture capital, Insurance services, Commercial
banking services, Merchant banking, Leasing credit rating and Consumer Finance.
10. Financial Regulations: Regulation of Financial Markets and Institutions, Regulatory Frame work; Securities and
Exchange Board of India and Reserve Bank of India.

DCOM304 Indian Financial System

Sr. No. Description
1 Indian Financial System: Introduction, components, key elements, functions, nature and role of financial
system and financial instruments.
2 Financial Market Reforms: context, need and objectives; major reforms after 1991.
3 Financial Markets: money market in India; nature and types of instruments.
4 Indian Capital Market: Introduction, structure, functions and role.
5 Primary Market: Introduction, Book building process and role in economic development.
6 Secondary Market: Introduction, stock exchanges, Listing of securities, Depository system and DMAT.
7 Financial Institutions: Banking and Non Banking Financial Institution, Development Financial Institution
(including RRB’s)
8. Mutual Fund: Introduction, types, Net asset Value, organization of mutual funds, SEBI guidelines.
9. Introduction to Financial Services: Factoring, Venture capital, Commercial banking services, Merchant
banking, Consumer Finance.
10. Financial Regulations: Regulation of Financial Markets and Institutions, Regulatory Frame work; Securities
Exchange Board of India and Reserve Bank of India, IRDA.