PART I FINANCIAL SYSTEM 1 The Financial System: An Introduction 2 The Financial System and the Economy 3 Reforms in the Financial System PART II FINANCIAL MARKETS 4 The Money Market 5 The Capital Market 6 The Primary Market 7 Disinvestment of Public Sector Undertakings 8 The Secondary Market 9 The Derivatives Market 10 The debt Market 11 New Financial Instruments PART III FINANCIAL INSTITUTIONS 12 Development Financial Institutions 13 Banking and Non-Banking Institutions 14 Management of Non-Performing Assets by Banks 15 Mutual Funds 16 Insurance PART IV FINANCIAL SERVICES 17 Investment Banking 18 Depositories and Custodians 19 Credit Rating 20 Factoring and Forfaiting 21 Housing Finance 22 Fintech 23 Financial Inclusion and Microfinance PART V FINANCIAL REGULATION 24 Financial Regulation