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This book portray the current status of financial services in India. This new edition makes the contents up-to-date (till August 2009) in the light of the regulatory, policy, and operational development since the publication of the previous edition in 2007 Financial services fall broadly into two groups: fund/asset-based and fee-based/advisory. This book covers both types of services. While the thrust of the book is on analytical framework, both from the point of view of the non-banking financial intermediaries/companies which provide the services as well as their users, the legal, procedural, tax, accounting and regulatory aspects are also comprehensively discussed. The purpose of the book is to provide an understanding of the working of financial markets and institutions primarily in India, but wherever appropriate the reference has also been made to the situation in certain other economies such as the USA and the Key Feature ISBN-9780070681996
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