DOCSLIB.ORG

(Annual Report) Rules, 1994, ЧШ

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
(Annual Report) Rules, 1994, ЧШ This Report is in conformity with the format as per the Securities and Exchange Board of India (Annual Report) Rules, 1994, ęȱȱĜȱ £ĴȱȱȱŝǰȱŗşşŚǯ 1 2 3 4 MEMBERS OF THE BOARD (As on March 31, 2013) Appointed under Section 4(1) (a) of the SEBI Act, 1992 (15 of 1992) U. K. SINHA CHAIRMAN Appointed under Section 4(1) (d) of the SEBI Act, 1992 (15 of 1992) PRASHANT SARAN WHOLE TIME MEMBER RAJEEV K. AGARWAL WHOLE TIME MEMBER S. RAMAN WHOLE TIME MEMBER V. K. JAIRATH PART TIME MEMBER P. C. CHHOTARAY PART TIME MEMBER Nominated under Section 4(1) (b) of the SEBI Act, 1992 (15 of 1992) DR. ARVIND MAYARAM Secretary Ministry of Finance ȱȱȱě Government of India NAVED MASOOD Secretary ¢ȱȱȱě Government of India Nominated under Section 4(1) (c) of the SEBI Act, 1992 (15 of 1992) ANAND SINHA Deputy Governor ȱȱȱ ȳ 5 6 MEMBERS OF THE SEBI BOARD (As on March 31, 2013) U. K. SINHA Chairman PRASHANT SARAN RAJEEV K. AGARWAL S. RAMAN V. K. JAIRATH Whole Time Member Whole Time Member Whole Time Member Part Time Member P. C. CHHOTARAY DR. ARVIND MAYARAM NAVED MASOOD ANAND SINHA Part Time Member Secretary Secretary Deputy Governor Ministry of Finance Ministry of Corporate Reserve Bank of India Department of Economic ě ě Government of India Government of India 7 8 CHAIRMAN, WHOLE TIME MEMBERS AND EXECUTIVE DIRECTORS Left to Right : Ĵ : Shri S. Raman, Whole Time Member; Shri Prashant Saran, Whole Time Member; Shri U. K. Sinha, Chairman; Shri Rajeev K. Agarwal, Whole Time Member. Standing : Shri S. Raman, Executive Director; Shri R. K. Padmanabhan, Executive Director; Shri SVMD Rao, Executive Director; Shri Ananta Barua, Executive Director; Shri S. Ravindran, Executive Director; Shri J Ranganayakulu, Executive Director; Shri P K Nagpal, Executive Director. 9 CONTENTS Page No. 10 CONTENTS Page No. List of Boxes ..................................................................................................................................... vii List of Tables..................................................................................................................................... viii List of Charts ................................................................................................................................... xiii List of Abbreviations....................................................................................................................... xiv PART ONE: POLICIES AND PROGRAMMES 1. GENERAL MACRO-ECONOMIC ENVIRONMENT.................................................... 1 2. REVIEW OF POLICIES AND PROGRAMMES.............................................................. 11 I. Primary Securities Market................................................................................................. 11 II. Secondary Securities Market............................................................................................. 18 III. Corporate Debt Market...................................................................................................... 33 IV. Mutual Funds ..................................................................................................................... 34 V. Alternative Investment Funds ......................................................................................... 41 VI. Investment Advisers .........................................................................................................41 VII. Foreign Institutional Investors ........................................................................................ 41 VIII. Takeovers.............................................................................................................................. 44 IX. Investor Assistance and Education.................................................................................. 45 X. Legal Framework................................................................................................................ 45 XI. Retrospect and Prospects................................................................................................... 46 PART TWO: TRENDS AND OPERATIONS IN SECURITIES MARKETS 1. PRIMARY SECURITIES MARKET ................................................................................... 51 I. Resource Mobilisation through Public and Rights Issues ........................................... 51 II. Resource Mobilisation through QIP and IPP................................................................. 57 III. Resource Mobilisation through Preferential Allotment ............................................... 58 IV. Resource Mobilisation through Private Placement in Corporate Debt ..................... 59 2. SECONDARY SECURITIES MARKET............................................................................. 60 I. Equity Market in India ...................................................................................................... 60 II. Performance of Major Stock Indices and Sectoral Indices........................................... 64 III. Turnover in the Indian Stock Market.............................................................................. 66 IV. Market Capitalisation......................................................................................................... 68 V. Stock Market Indicators..................................................................................................... 70 i CONTENTS Page No. VI. Volatility in Stock Markets................................................................................................ 73 VII. Trading Frequency ............................................................................................................. 75 VIII. Activities of Stock Exchanges ........................................................................................... 76 IX. Dematerialisation................................................................................................................ 77 X. Derivatives Segment...........................................................................................................80 3. TRENDS IN THE BOND MARKET.................................................................................. 89 I. Corporate Bond Market..................................................................................................... 89 II. Wholesale Debt Market ..................................................................................................... 91 4. MUTUAL FUNDS.................................................................................................................. 92 5. PORTFOLIO MANAGEMENT........................................................................................... 98 6. FOREIGN INSTITUTIONAL INVESTMENT................................................................. 99 7. ALTERNATIVE INVESTMENT FUNDS.......................................................................... 104 8. CORPORATE RESTRUCTURING..................................................................................... 105 PART THREE: REGULATION OF SECURITIES MARKET 1. INTERMEDIARIES ............................................................................................................... 107 I. Streamlining of Registration Process of Intermediaries............................................... 107 II. Registered Intermediaries Other than Stock Brokers and Sub-brokers..................... 107 III. Registration of Stock Brokers............................................................................................ 108 IV. Registration of Sub-brokers............................................................................................... 112 V. Recognition of Stock Exchanges....................................................................................... 112 VI. Memorandum of Understanding (MoU) between Stock Exchanges ......................... 113 VII. Registration of Foreign Institutional Investors and Custodians of Securities.......... 113 VIII. Registration of Collective Investment Schemes............................................................. 114 IX. Registration of Mutual Funds........................................................................................... 114 X. Registration of Venture Capital Funds............................................................................ 115 XI. Fees and Other Charges .................................................................................................... 115 2. CORPORATE RESTRUCTURING..................................................................................... 117 I. Substantial Acquisition of Shares and Takeovers.......................................................... 117 II. Buy-back............................................................................................................................... 117 ii CONTENTS Page No. 3. SUPERVISION ....................................................................................................................... 118 I. Promotion and Regulation of Self Regulatory Organisations..................................... 118 II. Inspection of Market Intermediaries ............................................................................... 119 III. Inspection of Depositories................................................................................................. 120 IV. Inspection of Stock Exchanges.......................................................................................... 121 V. Prevention of Money Laundering...................................................................................
Load more

Recommended publications
  • Download Report
    DIGITAL FIRST Insta Products Seamless Payments FUTURE READY Trustworthy Building Resilience ECOSYSTEM BANKING Partnerships API Banking Co-create Solutions ACCELERATING DIGITISATION ANNUAL REPORT 2020-21 OUR APPROACH TO REPORTING ABOUT THIS REPORT This is ICICI Bank’s Annual Report for the year ended March 31, 2021. It has been prepared in accordance with Indian regulatory reporting requirements as well as the principles of the International Integrated Reporting Framework as developed by the International Integrated Reporting Council (IIRC). Through this report, the Bank aims to provide its stakeholders a comprehensive view of its operations, performance, its financial and non-financial resources and strategy to create long-term value. The report provides insights into the Bank’s primary activities, its strategic priorities, risks and mitigants, governance structure, and the manner in which it has leveraged the six capitals, namely Financial, Human, Intellectual, Manufactured, Social and Relationship, and Natural. REPORTING BOUNDARY The non-financial information in the integrated report largely covers data on the India operations of ICICI Bank Limited and ICICI Foundation for Inclusive Growth. REPORTING PERIOD The Annual Report provides material information relating to the Bank's strategy and business model, operating context, performance and statutory disclosures covering the financial year April 1, 2020 to March 31, 2021. SAFE HARBOUR Certain statements in this Annual Report relating to a future period of time (including inter alia concerning our future business plans or growth prospects) are forward-looking statements intended to qualify for the 'safe harbour' under applicable securities laws including the US Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements.
    [Show full text]
  • Regulation of Securities Market
    PART THREE: REGULATION OFPart SECURITIESThree: Regulation ofMARKET Securities Market This part of the Report delineates the functions of SEBI as specified in Section 11 of the SEBI Act, 1992 1. PRIMARY SECURITIES MARKET 2. SECONDARY SECURITIES The market intermediaries play an MARKET important role in the development of I. Registration of Stock Brokers securities market by providing different types of services. Major intermediaries in the During 2007-08, 218 new stock brokers securities market regulated by SEBI are registered with SEBI (Table 3.3). There were brokers, sub-brokers, portfolio managers, 174 cases of cancellation/ surrender of merchant bankers, depository participants, membership which was higher than 155 in bankers to an issue and share transfer agents. 2006-07. The total number of registered stock brokers as on March 31, 2008, was 9,487 as During 2007-08, there was an increase compared to 9,443 in 2006-07. The share of in the number of intermediaries registered. corporate brokers to the total stock brokers As on March 31, 2008, the highest increase increased marginally to 44.1 per cent in 2007- in absolute terms, was observed in case of 08 from 43.5 per cent in 2006-07 (Table 3.5). depository participants (DPs) of CDSL (52) followed by portfolio managers (47). A NSE had the highest number of 1,129 decline was witnessed, in the number of registered stock brokers, followed by the underwriters followed by registrar to an issue Calcutta Stock Exchange (957), Bombay Stock and share transfer agent and debenture Exchange Ltd. (946) and Inter-connected trustees as compared to 2006-07.
    [Show full text]
  • Ip Rings Limited
    DRAFT LETTER OF OFFER August 30, 2016 For the Eligible Equity Shareholders of the Company only IP RINGS LIMITED Our Company was incorporated as ‘IP Rings Limited’ on January 30, 1991, as a public limited company under the Companies Act, 1956, registered with the Registrar of Companies, Chennai, Tamil Nadu. Our Company received its certificate of commencement of business on July 5, 1991. CIN: L28920TN1991PLC020232. Registered Office: D 11/12, Industrial Estate Maraimalai Nagar – 603 209, Tamil Nadu, India Tel No: 044-27452853 / 044-27452929; Fax No.: 044-27452560 Contact Person: Mrs. S Priyamvatha, Company Secretary and Compliance Officer E-mail: [email protected], Website: www.iprings.com FOR PRIVATE CIRCULATION TO THE ELIGIBLE EQUITY SHAREHOLDERS OF OUR COMPANY ONLY DRAFT LETTER OF OFFER ISSUE OF [●] EQUITY SHARES OF FACE VALUE OF RS. 10 EACH (“RIGHTS EQUITY SHARES”) OF IP RINGS LIMITED (THE “COMPANY” OR THE “ISSUER”) FOR CASH AT A PRICE OF RS. [●] PER RIGHTS EQUITY SHARE (INCLUDING A PREMIUM OF RS. [●] PER RIGHTS EQUITY SHARE) NOT EXCEEDING AN AMOUNT OF RS. 5,000 LAKHS BY THE COMPANY TO THE ELIGIBLE EQUITY SHAREHOLDERS IN THE RATIO OF [●] RIGHTS EQUITY SHARES FOR EVERY [●] EQUITY SHARES HELD ON THE RECORD DATE, I.E. [●] (THE “ISSUE”). THE ISSUE PRICE OF EACH RIGHTS EQUITY SHARE IS [●] TIMES THE FACE VALUE OF THE RIGHTS EQUITY SHARE. GENERAL RISKS Investments in equity and equity related securities involve a degree of risk and investors should not invest any funds in the Issue unless they can afford to take the risk of losing their investment. Investors are advised to read the risk factors carefully before taking an investment decision in relation to the Issue.
    [Show full text]
  • BVMF S&P BSE SENSEX Index Futures Contract with Cash
    BVMF S&P BSE SENSEX Index Futures Contract with cash settlement denominated in Points of the S&P BSE SENSEX Index of the Bombay Stock Exchange – Specifications – 1. Definitions BVMF S&P BSE SENSEX BVMF S&P BSE SENSEX Index Futures Contract, based on the Index Futures Contract S&P BSE SENSEX Index traded on the Bombay Stock Exchange, located in Mumbai - India, hereafter named BSE. Daily settlement price (PA): The daily closing price, expressed in index points, calculated and/or arbitrated daily by BM&FBOVESPA, at its own discretion, for each contract month, for the purpose of updating the value of open positions and for calculating the daily adjustment and settlement value. Settlement Price (P): The closing price with the objective of settling open positions calculated and/or arbitrated by BM&FBOVESPA, at its own discretion, for each contract month, and expressed by the price of the S&P BSE SENSEX Index, which is published by BSE on the expiration date of the contract. Business day: For the purposes of this contract, for cash settlement and to meet the margin call, any day that is a trading day at BM&FBOVESPA. BM&FBOVESPA or Exchange BM&FBOVESPA S.A. – Bolsa de Valores, Mercadorias e Futuros. 2. Underlying asset S&P BSE SENSEX Index. 3. Price quotation Points of the BVMF S&P BSE SENSEX Index Futures Contract. 4. Minimum price fluctuation One (1) index point. 5. Contract size The BVMF S&P BSE SENSEX Index Futures Contract, times the value of the point established by the Exchange, with each point having the value of seventy five Brazilian Real cents (BRL 0.75).
    [Show full text]
  • Fintech Monthly Market Update | July 2021
    Fintech Monthly Market Update JULY 2021 EDITION Leading Independent Advisory Firm Houlihan Lokey is the trusted advisor to more top decision-makers than any other independent global investment bank. Corporate Finance Financial Restructuring Financial and Valuation Advisory 2020 M&A Advisory Rankings 2020 Global Distressed Debt & Bankruptcy 2001 to 2020 Global M&A Fairness All U.S. Transactions Restructuring Rankings Advisory Rankings Advisor Deals Advisor Deals Advisor Deals 1,500+ 1 Houlihan Lokey 210 1 Houlihan Lokey 106 1 Houlihan Lokey 956 2 JP Morgan 876 Employees 2 Goldman Sachs & Co 172 2 PJT Partners Inc 63 3 JP Morgan 132 3 Lazard 50 3 Duff & Phelps 802 4 Evercore Partners 126 4 Rothschild & Co 46 4 Morgan Stanley 599 23 5 Morgan Stanley 123 5 Moelis & Co 39 5 BofA Securities Inc 542 Refinitiv (formerly known as Thomson Reuters). Announced Locations Source: Refinitiv (formerly known as Thomson Reuters) Source: Refinitiv (formerly known as Thomson Reuters) or completed transactions. No. 1 U.S. M&A Advisor No. 1 Global Restructuring Advisor No. 1 Global M&A Fairness Opinion Advisor Over the Past 20 Years ~25% Top 5 Global M&A Advisor 1,400+ Transactions Completed Valued Employee-Owned at More Than $3.0 Trillion Collectively 1,000+ Annual Valuation Engagements Leading Capital Markets Advisor >$6 Billion Market Cap North America Europe and Middle East Asia-Pacific Atlanta Miami Amsterdam Madrid Beijing Sydney >$1 Billion Boston Minneapolis Dubai Milan Hong Kong Tokyo Annual Revenue Chicago New York Frankfurt Paris Singapore Dallas
    [Show full text]
  • RCL FOODS LIMITED Registered Office: No
    RCL FOODS LIMITED Registered Office: No. 200-A, Madhavaram High Road, Madhavaram, Chennai- 600 060. Tamil Nadu, India. T:91-44-31905002 E:[email protected] Web: rclfoods.in Date: 21.02.2017 To The Deputy General Manager - CRD The Bombay Stock Exchange Limited PJTowers Dalal Street Mumbai - 400 001 Sub: Submission of a copy of annual report Dear Sir, Pursuant to regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Please find enclosed the copy of Annual Report for your kind information and records. Kindly acknowledge the receipt. Thanking you, Yours Sincerely, FORRCLFOODSLIMITED Director RCL Foods Limited 24TH Annual Report & Accounts For the year ended 31st March 2016 TM RCL FOODS LIMITED (Formerly Known As Passari Cellulose Limited) BOARD OF DIRECTORS Mr. Nitesh R Lodha - Chairman & Director Mr. Kushal Jain - Director Mr. Pramod Kumar Agarwal - Director (Up to 04.06.2016) Mrs. Kushbu - Director Mr. Vimal Chand Chordia - Addl. Director (W.E.F 03.09.2016) Mr. Shreyans R Lodha - Cfo AUDITORS M/s. Krishnan & Giri, Chartered Accountants, Chennai BANKERS 1) Icici Bank Ltd, Madhavaram Branch, Chennai LISTING INFORMATION REGISTERED OFFICE 1. The Bombay Stock Exchange Ltd No.200-A, Madhavaram High, 2. Madras Stock Exchange Ltd Road, Madhavaram, Chennai - 600 060. REGISTRAR & SHARE TRANSFER AGENT FACTORY Cameo Corporate Services Limited No.200-A, Madhavaram High No.2, Club House Road, Road, Madhavaram, Chennai 600 002 Chennai - 600 060. 1 NOTICE Notice is hereby given that the TWENTY FOURTH ANNUAL GENERAL MEETING of the members of M/s. RCL FOODS LIMITED will be held at No.200-A, Madhavaram High Road, Madhavaram, Chennai 600060 on Wednesday, the 8th day of February, 2017 at 11.00 A.M to transact the following businesses: ORDINARY BUSINESS: 1.
    [Show full text]
  • Annual Report for FY 2015-16(PDF)
    INSIDE Wipro in Brief 02 Board’s Report 65 Design it Build it 04 Corporate Governance Report 109 Financial Highlights 08 Financial Statements Key Metrics 09 Standalone Financial Statements Letters under India GAAP 130 Chairman’s Letter to the Stakeholders 10 Consolidated Financial Statements Vice-Chairman’s Letter to the Stakeholders 12 under India GAAP 171 CEO’s Letter to the Stakeholders 14 Consolidated Financial Statements Board of Directors under IFRS 216 Prole of Board of Directors 16 Business Responsibility Report 265 Sustainability Highlights 2015-16 22 Glossary 270 Management Discussion & Analysis An Integrated Approach 24 Industry and Business Overview 26 Business Strategy 27 Business Model 30 Good Governance and Management Practices 35 Risk Managment 35 Capitals and Value Creation 38 Certain statements in this annual report concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to dier materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding uctuations in our earnings, revenue and prots, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on xedprice, xed-time frame contracts, client concentration, restrictions on immigration,
    [Show full text]
  • Sks Microfinance Limited
    Placement Document Not for Circulation and Strictly Confidential Serial Number: _____ SKS MICROFINANCE LIMITED Our Company was incorporated as SKS Microfinance Private Limited on September 22, 2003 under the Companies Act, 1956. Pursuant to a resolution of its shareholders passed on May 2, 2009, our Company was converted into a public limited company and the word “private” was deleted from its name on May 20, 2009. SKS Microfinance Limited (the “Company” or the “Issuer” or “SKS”) is issuing 17,777,777 equity shares of our Company of a face value of ` 10 each (the “Equity Shares”) at a price of ` 225 per Equity Share (the “Issue Price”), including a premium of ` 215 per Equity Share aggregating approximately ` 4,000 million (the “Issue”)*. ISSUE IN RELIANCE UPON CHAPTER VIII OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009, AS AMENDED (THE “SEBI REGULATIONS”) AND SECTION 42 OF THE COMPANIES ACT, 2013 AND THE RULES MADE THEREUNDER THE DISTRIBUTION OF THIS PLACEMENT DOCUMENT IS BEING MADE TO QUALIFIED INSTITUTIONAL BUYERS AS DEFINED UNDER THE SEBI REGULATIONS (“QIBS”) IN RELIANCE UPON CHAPTER VIII OF THE SEBI REGULATIONS AND SECTION 42 OF THE COMPANIES ACT, 2013 AND THE RULES MADE THEREUNDER. THIS PLACEMENT DOCUMENT IS PERSONAL TO EACH PROSPECTIVE INVESTOR AND DOES NOT CONSTITUTE AN OFFER OR INVITATION OR SOLICITATION OF AN OFFER TO THE PUBLIC OR TO ANY OTHER PERSON OR CLASS OF INVESTORS WITHIN OR OUTSIDE INDIA OTHER THAN TO QIBS. YOU ARE NOT AUTHORIZED TO AND MAY NOT (1) DELIVER THIS PLACEMENT DOCUMENT TO ANY OTHER PERSON; OR (2) REPRODUCE THIS PLACEMENT DOCUMENT IN ANY MANNER WHATSOEVER.
    [Show full text]
  • Seagate Crystal Reports Activex
    Format of holding of specified securities 1.0 Name of Listed Entity: SIGNET INDUSTRIES LTD 2.0 Scrip Code/Name of Scrip/Class of Security :- 512131 3.0 Share Holding Pattern Filed under: Reg. 31(1)(a)/Reg. 31(1)(b)/Reg.31(1)(c) a. If under 31(1)(b) then indicate the report for Quarter ending 30/03/2019 b. If under 31(1)(c) then indicate date of allotment/extinguishment 4.0 Declaration: The Listed entity is required to submit the following declaration to the extent of submission of information:- Particulars Yes No 1 Whether the Listed Entity has issued any partly paid up shares? NO 2 Whether the Listed Entity has issued any Convertible Securities or Warrants? NO 3 Whether the Listed Entity has any shares against which depository receipts are issued? NO 4 Whether the Listed Entity has any shares in locked-in? YES 5 Whether any shares held by promoters are pledge or otherwise encumbered? NO * If the Listed Entity selects the option ‘No’ for the questions above, the columns for the partly paid up shares, Outstanding Convertible Securities/Warrants, depository receipts, locked-in shares, No of shares pledged or otherwise encumbered by promoters, as applicable, shall not be displayed at the time of dissemination on the Stock Exchange website. Also wherever there is ‘No’ declared by Listed Entity in above table the values will be considered as ‘Zero’ by default on submission of the format of holding of specified securities. 5.0 The tabular format for disclosure of holding of specified securities is as follows:- SIGNET INDUSTRIES LTD Table I - Summary Statement holding of specified securities 30/03/2019 Categ Category of Nos.
    [Show full text]
  • Market Review (May 2021)
    Market Review - May 2021 Macroeconomic Update Global economy continues to grow at a healthy pace with strong data coming from major economies like US, China, UK, etc. The improvement was supported by demand recovery aided by fall in Covid-19 cases, fast roll out of vaccine, high savings in Advanced Economies (AEs), large fiscal stimulus, easing restrictions, sequential improvement in employment and manufacturing, etc. The recovery momentum in India faltered on back of localised lockdowns by practically all major states. While the stringency of lockdowns is lower than one imposed last year but effect on demand and economic activities, especially discretionary ones was prominent. While the number of cases has fallen sharply from the peak seen during first half of May 2021, some State Governments took precautionary approach and have extended the lockdowns into June 2021, albeit with some relaxations. While it appears that worst is largely behind us, economic recovery is likely to be impacted in June 2021 as well, though to a lesser extent than May 2021. Update on COVID-19: The total Covid-19 cases increased to over % of population 171 million as on 31 May 2021 from ~153 million a month ago with ~50% of the increase on account of India. New cases in Given 1+ dose Fully vaccinated Population (in million) advanced economies like US, UK, Europe etc. moderated Israel 60 57 8.7 significantly as the vaccination drive progressed at a healthy pace. U.K. 59 39 67.9 In many of the advanced economies, significant proportion of eligible population has been vaccinated and is likely to achieve Canada 51 5 37.7 herd immunity by end of this year.
    [Show full text]
  • The Monetary Problems of India
    TEXT FLY WITHIN THE BOOK ONLY Damage Book Tight Binding Book ro <OU_1 66025 >ES ^ CO THE MONETARY PROBLEMS OF INDIA MACMILLAN AND CO., LIMITED LONDON BOMBAY CALCUTTA MADRAS MELBOURNE THE MACMILLAN COMPANY NEW YORK BOSTON CHICAGO DALLAS ATLANTA SAN FRANCISCO THE MACMILLAN COMPANY OF CANADA, LIMITED TORONTO THE MONETARY PROBLEMS OF INDIA BY L. C. JAIN M.A., LL.B. Pii.DrWC^N. (LONDON) READER IN ECONOMICS IN THE UNIVERSITY OK THE PUNJAB ; SHCRKTARY OF THK UNITED PROVINCES BANKING INQUIRY COMMITTEE, 1929-30; LECTURER IN CURRENCY AND BANKING AT THE UNIVERSITY OF ALLAHABAD; AUTHOR OP- "INDIGENOUS BANKING IN INDIA*' MACMILLAN AND CO., LIMITED ST. MARTIN'S STREET, LONDON COPYRIGHT PRINTED IN GREAT BRITAIN TO THE MEMORY OF MY MOTHER PREFACE THE aim of this book is to deal with the monetary problems of India as they have arisen in recent years, particularly during 1926-32. While literature on the subject is in plenty, books on the recent phases of Indian currency and credit are not many. Happily, a mass of new material has been made available by the recent Banking Inquiry in every province in India. The very length of the material (20,000 pages in print), however, makes the task of its analysis rather difficult. Moreover, since the Banking Inquiry itself new changes in fact, crises have overtaken the money markets of the world, including India. Thus the subject of Indian monetary problems is today of unusual importance and difficulty. As in my work on Indigenous Banking in India, of the imperfections of my present venture I am fully sensible.
    [Show full text]
  • Major Financial Crisis of Past Two and Half Decade: a Conceptual Study
    International Journal of Disaster Recovery and Business Continuity Vol.11, No. 2, (2020), pp.1568–1572 Major Financial Crisis of Past Two and Half Decade: A Conceptual Study Anuradha Samal1 and A K Das Mohapatra2 1Assistant Professor, Department of Business Administration, Sambalpur University, Odisha- India. [email protected] 2Professor, Department of Business Administration, Sambalpur University, Odisha- India. [email protected] & [email protected] Abstract This paper analyses is regarding the conceptual understanding of the major financial crisis in the Indian Stock Market during the past 24 years since 1995. A critical Incident Analysis has been done by dividing the entire data into three major events namely; Asian Financial Crisis, Sub Prime Mortgage Crisis and Chinese Stock Market Turbulence which has affected the Indian stock market to the maximum extent in the past two and half decade. Keywords: Asian Financial Crisis, Sub Prime Mortgage Crisis and Chinese Stock Market Turbulence Introduction This paper analyses is regarding the conceptual understanding of the major financial crisis in the Indian Stock Market during the past 24 years since 1995. A critical Incident Analysis has been done by dividing the entire data into three major events namely; Asian Financial Crisis, Sub Prime Mortgage Crisis and Chinese Stock Market Turbulence which has affected the Indian stock market to the maximum extent in the past two and half decade. Indian Stock Market In Indian Stock market shares of pubic listed companies are traded. The origin of the Indian stock market began in 1875 where long period securities in the form of negotiable instruments were introduced.
    [Show full text]