Indian financial system
- New Delhi Vikas Pub. 1981
- 365p.
The process of industrial growth requires, as one of its accompanying structural changes within an economy, the development of a capital market capable of meeting the requirments of credit and finance of the private entrepreneurs. Its organisation, of course, varies from country to country depending.:upon a variety of economic, social and political factors. The scheme of planned economic development in India has significantly conditioned the course of financial development. The Indian Financial System : Theory and Practice attempts to present, in the context of the planned growth of industry, a comprehensive account of the main strands in the evolution of the Indian capital market. It contains a judicious mixture of theory and practice. The data for the analysis have been collected from widely scattered original sources. It would be hopefully found useful both by academicians and practitioners.