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IUP Series on Indian Financial Intermediaries: Trends and Challenges

Preeti Phuskele (Author)
Synopsis The financial sector of a country aids the effective operation of its economy. It directs, controls and allocates resources, in a proportionate manner so as to maintain economic equilibrium and stability. A financial intermediary provides financial assistance or markets financial products to individuals / business houses. These intermediaries are significant for any economy, as they bridge the gap between the units with excess funds (primarily households), and the units who are short of funds (businessmen, entrepreneurs, business houses). These intermediaries play an important role in mobilizing funds in the economy. Unlike earlier, nowadays, Indian financial system is undergoing rapid changes. This results in increased competition among financial intermediaries and introduction of new instruments for investment/borrowing. Also, due to globalization they are now trying to adopt global standards. With the increase in the competition (in the scenario arising from the advent of global financial intermediaries in large numbers), the Financial Intermediaries are now adopting new methods and procedures for their basic function of mobilizing funds. This book is a significant contribution, as it tries to describe the true picture of the current position of Indian Financial Intermediaries. It not only focuses on the Improvement but also on the areas which still need improvement to be on par with global standards. In short, this book focuses on the current trend of Indian Financial Intermediaries in the era of increasing competition. It is a 'must' read for all management students, researchers and investors.
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About the author

Preeti Phuskele

Preeti Phuskele holds a bachelor's degree in Commerce and a master's degree in Business Economics from Indore University. She is currently working as a Consulting Editor at Icfai Business School Research Centre, Pune. Prior to joining Icfai, she worked for various management colleges at Indore and Pune and also as Assistant Manager for an export oriented unit. Her areas of interest include macroeconomics, international economics, and financial industry.

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Bibliographic information

Title IUP Series on Indian Financial Intermediaries: Trends and Challenges
Format Hardcover
Date published: 10.10.2008
Edition 1st ed.
Language: English
isbn 9788131419021
length 272p.