investing in stock markets - ane books · 2019. 7. 7. · 1 finance ane books pvt. ltd. about the...

1www.anebooks.com

Ane Books Pvt. Ltd.FINANCE

About the Book

Contents

The book” Investing in Stock Markets” is an attempt to provide basic understanding of the real world of stock markets. The book is meant for both beginners as well as for practitioners interested to learn new strategies for investment in equities, derivatives of stock, commodities and currencies. The book is primarily covering the syllabus for the B.Com. Sem-IV Paper BC (4.4) and B.Com. (Hons) Sem-II Paper BCH 2.4(b) and CBCS program of all Central Universities in India. The book has been prepared in very simple and lucid language. An attempt has been made to provide practical real life illustrations and cases to make the reader understand the nuances of real trading in stock markets. Summary points have been provided at the end of each chapter to revise all concepts discussed in chapter. Figures, tables and graphs have been used extensively to explain the difficult concepts.

1. Introduction 2. Indian Securities Markets 3. Trading in Stock Markets 4. Fundamental Analysis 5. Company Analysis 6. Pitfalls of Investing 7. Technical Analysis 8. Investing in Mutual Funds 9. Derivatives 10. Trading in Derivatives 11. Commodity and Currency Derivatives, Question Paper

9789388264501 • 256 (Pb) • 2018 • ` 280.00

Argimiro Arratia

Investing inStock Markets

How to avoid the pitfalls2/Ed.

Contents1 An Abridged Introduction to Finance2 Statistics of Financial Time Series 3 Correlations, Causalities and Similarities 4 Time Series Models in Finance 5 Brownian Motion, Binomial Trees and Monte Carlo Simulation6 Trade on Pattern Mining or Value Estimation7 Optimization Heuristics in Finance8 Portfolio Optimization9 Online Finance Appendix A: The R Programming Environment A.1 R, What is it and How to Get it A.2 Installing R Packages and Obtaining Financial Data A.3 To Get You Started in R A.4 References for R and Packages Used in This Book ReferencesIndex

9789462390690 • 312 (Hb) • 2014 • € 59.99

Argimiro Arratia

Computational Finance an Introductory Course with R

FINANCE

3www.anebooks.com2 www.anebooks.com

FINANCE

About the BookTally is a powerful Computerized Accounting Software known for its simplicity. In this book an attempt is made to present knowledge in the simplest manner. No pre-requisite knowledge or qualification is required for operating Tally.ERP9. The topics cover any business which wants to switch over from manual to computerized system using Tally.ERP9 or from any other computerized environment to Tally.ERP9. The chapters designed in such a way that user level, intermediate level, and expert level knowledge of Tally.ERP9 can be attained.

The book is presented in a structured manner including charts, diagrams, tabular presentations and screen shots of the software for quick and accurate understanding. It contains illustrations like practical business accounting and taxation transactions which increases its utility. It will help users to get step-by-step knowledge of doing data entry in Tally.ERP9 and also knowledge of various reports generated by Tally.ERP9. Students, professionals, business men, and tally trainers will find it extremely useful. The latest development of GST entries and reports are included to make it the most relevant publication in present time.

9789386761613 • 350 (Pb) • 2017 • ` 395.00

Rajesh Chheda

Learn Tally.ERP 9 with GST and E-Way Bill

3/Ed.

Contents1 An Abridged Introduction to Finance2 Statistics of Financial Time Series 3 Correlations, Causalities and Similarities 4 Time Series Models in Finance 5 Brownian Motion, Binomial Trees and Monte Carlo Simulation6 Trade on Pattern Mining or Value Estimation7 Optimization Heuristics in Finance8 Portfolio Optimization9 Online Finance Appendix A: The R Programming Environment A.1 R, What is it and How to Get it A.2 Installing R Packages and Obtaining Financial Data A.3 To Get You Started in R A.4 References for R and Packages Used in This Book ReferencesIndex

9789462390690 • 312 (Hb) • 2014 • € 59.99

Argimiro Arratia

Computational Finance an Introductory Course with R

FINANCE

About the BookTally is a powerful Computerized Accounting Software known for its simplicity. In this book an attempt is made to present knowledge in the simplest manner. No pre-requisite knowledge or qualification is required for operating Tally.ERP9. The topics cover any business which wants to switch over from manual to computerized system using Tally.ERP9 or from any other computerized environment to Tally.ERP9. The chapters designed in such a way that user level, intermediate level, and expert level knowledge of Tally.ERP9 can be attained.

The book is presented in a structured manner including charts, diagrams, tabular presentations and screen shots of the software for quick and accurate understanding. It contains illustrations like practical business accounting and taxation transactions which increases its utility. It will help users to get step-by-step knowledge of doing data entry in Tally.ERP9 and also knowledge of various reports generated by Tally.ERP9. Students, professionals, business men, and tally trainers will find it extremely useful. The latest development of GST entries and reports are included to make it the most relevant publication in present time.

9789386761613 • 350 (Pb) • 2017 • ` 395.00

Rajesh Chheda

Learn Tally.ERP 9 with GST and E-Way Bill

3/Ed.

FINANCE

Reviews

About the Book

Contents

'Finance and Financial Markets is designed to provide an introduction to those unfamiliar with the workings of financial markets. An added advantage is that the book is generally light on Mathematics... each chapter suggests further reading and includes both a multiple-choice quiz and short-answer questions. I liked the format for these end-of-chapter exercises given the growing popularity of multiple choice as a means of assessment and as a way for students to quickly consolidate their understanding of key ideas.' - Peter Moles, Senior Lecturer in Finance, Edinburgh University Management School, in THES.

The author's excellent reputation in the field and clear style of writing makes the text accessible for novices/non-specialists in finance. The text introduces enhanced pedagogy with end of chapter questions and is extensively revised to assimilate recent developments in theory and practice. The author takes a global approach and effectively integrates UK and international material. The new edition is a comprehensive introduction to financial markets, institutions and instruments.

Preface, Acknowledgements, The World of Finance, Financial Intermediation and Financial Markets, Financial Institutions, Monetary Policy and Interest Rate Determination, The Domestic and International Money Markets, The Domestic and International Bond Market, Portfolio Analysis: Risk and Return in Financial Markets, The Capital Asset Pricing Model, Stockmarkets and Equities, The Efficiency of Financial Markets, The Foreign Exchange Market, Theories of Exchange Rate Determination, Financial Futures, Options, The Pricing of Options, Swap Markets, The Regulation of Financial Services, Bibliography, Index.

9780230536661 • 504 (Pb) • 2007 • £ 11.99

Finance and Financial Markets

2/Ed

Keith Pilbeam

International Finance 3/Ed

Keith Pilbeam

About the Book

Contents

International Finance is a well-established and internationally renowned introduction to the subject for both undergraduate and postgraduate students. It provides comprehensive coverage of both traditional and modern theories relating to the balance of payments, exchange rate determination and the international monetary system. There is extensive use of data and empirical evidence to illustrate the relevance of theories and concepts discussed.

The third edition has been fully updated to include key theoretical and real world developments and details the Eurocurrency and Eurobond markets and derivative instruments such as futures, options and swaps. Major international economic issues, such as international policy coordination, the record United States current account deficits and Economic and Monetary Union in the European Union are given full coverage. A new chapter on currency and financial crises provides the basis for a study of the 2001 economic collapse in Argentina and the South East Asian crises of the late 1990s.

Introduction. PART 1: BALANCE OF PAYMENTS THEORY AND PRACTICE, The Foreign Exchange Market, The Balance of Payments, Elasticity and Absorption Approaches to the Balance of Payments, Macroeconomic Policy in an Open Economy, The Monetary Approach to the Balance of Payments, PART 2: EXCHANGE RATE DETERMINATION: THEORY, EVIDENCE AND POLICY, Purchasing Power Parity and Floating Exchange Rate Experience, Modern Models of Exchange Rate Determination, The Portfolio Balance Model, Empirical Evidence on Exchange Rates, Fixed, Flexible and Managed Exchange Rates, PART 3: THE INTERNATIONAL MONETARY SYSTEM, The International Monetary System, The Eurocurrency and Eurobond Markets, Currency Derivatives: Futures, Options and Swaps, International Policy Coordination, International Debt Crises, The European Monetary System and European Monetary Union, Currency Crises and the East Asian Financial Crisis, Further Reading and Resources.

9780230536869 • 528 (Pb) • 2009 • £ 12.99

FINANCE

Reviews

About the Book

Contents

'Finance and Financial Markets is designed to provide an introduction to those unfamiliar with the workings of financial markets. An added advantage is that the book is generally light on Mathematics... each chapter suggests further reading and includes both a multiple-choice quiz and short-answer questions. I liked the format for these end-of-chapter exercises given the growing popularity of multiple choice as a means of assessment and as a way for students to quickly consolidate their understanding of key ideas.' - Peter Moles, Senior Lecturer in Finance, Edinburgh University Management School, in THES.

The author's excellent reputation in the field and clear style of writing makes the text accessible for novices/non-specialists in finance. The text introduces enhanced pedagogy with end of chapter questions and is extensively revised to assimilate recent developments in theory and practice. The author takes a global approach and effectively integrates UK and international material. The new edition is a comprehensive introduction to financial markets, institutions and instruments.

Preface, Acknowledgements, The World of Finance, Financial Intermediation and Financial Markets, Financial Institutions, Monetary Policy and Interest Rate Determination, The Domestic and International Money Markets, The Domestic and International Bond Market, Portfolio Analysis: Risk and Return in Financial Markets, The Capital Asset Pricing Model, Stockmarkets and Equities, The Efficiency of Financial Markets, The Foreign Exchange Market, Theories of Exchange Rate Determination, Financial Futures, Options, The Pricing of Options, Swap Markets, The Regulation of Financial Services, Bibliography, Index.

9780230536661 • 504 (Pb) • 2007 • £ 11.99

Finance and Financial Markets

2/Ed

Keith Pilbeam

International Finance 3/Ed

Keith Pilbeam

About the Book

Contents

International Finance is a well-established and internationally renowned introduction to the subject for both undergraduate and postgraduate students. It provides comprehensive coverage of both traditional and modern theories relating to the balance of payments, exchange rate determination and the international monetary system. There is extensive use of data and empirical evidence to illustrate the relevance of theories and concepts discussed.

The third edition has been fully updated to include key theoretical and real world developments and details the Eurocurrency and Eurobond markets and derivative instruments such as futures, options and swaps. Major international economic issues, such as international policy coordination, the record United States current account deficits and Economic and Monetary Union in the European Union are given full coverage. A new chapter on currency and financial crises provides the basis for a study of the 2001 economic collapse in Argentina and the South East Asian crises of the late 1990s.

Introduction. PART 1: BALANCE OF PAYMENTS THEORY AND PRACTICE, The Foreign Exchange Market, The Balance of Payments, Elasticity and Absorption Approaches to the Balance of Payments, Macroeconomic Policy in an Open Economy, The Monetary Approach to the Balance of Payments, PART 2: EXCHANGE RATE DETERMINATION: THEORY, EVIDENCE AND POLICY, Purchasing Power Parity and Floating Exchange Rate Experience, Modern Models of Exchange Rate Determination, The Portfolio Balance Model, Empirical Evidence on Exchange Rates, Fixed, Flexible and Managed Exchange Rates, PART 3: THE INTERNATIONAL MONETARY SYSTEM, The International Monetary System, The Eurocurrency and Eurobond Markets, Currency Derivatives: Futures, Options and Swaps, International Policy Coordination, International Debt Crises, The European Monetary System and European Monetary Union, Currency Crises and the East Asian Financial Crisis, Further Reading and Resources.

9780230536869 • 528 (Pb) • 2009 • £ 12.99

FINANCE

About the Book

Contents

“ The International banking and currency crisis, and the advent of the European Union, have made the subject of international finance one of the most important areas of economics for research and policy. Unfortunately, the older theories have been disappointing in their explanatory power. Both graduate students, researchers and staff economists in the European Central Bank, the independent central banks, the IMF and the World Bank will greately benefit from an evaluation of the state of the art. Professor Gandolfo has written what will be a classic in international finance. His erudition, expository and technical skills are combined to fulfil these needs, He explains with great lucidity the strengths and weakness of various approaches. The exposition is carried out at several levels, similar to the way that Irving Fisher wrote his celebrated books. The literary part is clear, and the underlying intuition of the arguments is stressed. This is followed by a mathematical analysis, which uses the state of the art techniques. In this manner the reader can go from the intuition – literary argument to the formal derivations and proofs.

Finally, Professor Gandolfo conveys a sense of histroy. He discusses the profound insights of earlier approaches, which may be unknown to the younger economists, in the same lucid and rigorous manner that he evaluates the newer approaches. There are many books and articles by exponents of alternative points of view. I know of no other book that provides the scope, balance, objectivity and rigor of this book.”

Preface, Introduction, I. The Basics II. Flow Approaches III. Stock and Stock-Flow Approaches IV. The Exchange Rate V. The Intertemporal Approach VI. International Monetary Integration VII. Problems of the International Monetary (Non)System VIII. Appendices, Index.

9788181284178 • 640 (Pb) • 2006 • ` 695.00

International Finance and Open-Economy Macro-economics

Giancarlo Gandolfo

International Finance5/Ed.

Maurice D. Levi

About the Book

Contents

The fifth edition of Maurice D.Levi's classic textbook has been updated to incorporate the massive changes in the world of international finance of the past few years. In particular, the emergence of new markets is given broad coverage particularly the rise to financial prominence of China and India and other growth economies in Asia and elsewhere. Key features of the book include:

The impact of globalization and the greater connectedness of national economies and the world economy as a whole.

Probably the best introduction to exchange rates available and how they directly impact upon firms as well as governments.

The continued massive impact of multinational corporations on the global financial scene as well as the opportunities presented by e-commerce.

The material is interlaced with a wealth of supplementary material including real world case studies, review questions, examples and objectives. The result is the most authoritative survey of international finance currently available.

Thoroughly updated and with a large amount of new information, this text will prove an indispensable guide to the inner workings of international finance to students of economics and business as well as professionals in the finance industry.

List of Illustrations, Preface, Part I – International Financial Markets and Environment 1. The Markets for Foreign Exchange 2. The Fundamental International Parity Conditions 3. The Determination of Exchange Rates 4. Fixed (Pegged) and Flexible Exchange Rates, Part II - International Financial Management, 5. Foreign Exchange Risk and Exposure 6. Hedging and Speculation 7. International Investment and Financing 8. Institutional Structure of International Trade and Finance , Glossary, Index

Ÿ

9781138690073 • 606 (Pb) • 2016 • ` 995.00

FINANCE

About the Book

Contents

“ The International banking and currency crisis, and the advent of the European Union, have made the subject of international finance one of the most important areas of economics for research and policy. Unfortunately, the older theories have been disappointing in their explanatory power. Both graduate students, researchers and staff economists in the European Central Bank, the independent central banks, the IMF and the World Bank will greately benefit from an evaluation of the state of the art. Professor Gandolfo has written what will be a classic in international finance. His erudition, expository and technical skills are combined to fulfil these needs, He explains with great lucidity the strengths and weakness of various approaches. The exposition is carried out at several levels, similar to the way that Irving Fisher wrote his celebrated books. The literary part is clear, and the underlying intuition of the arguments is stressed. This is followed by a mathematical analysis, which uses the state of the art techniques. In this manner the reader can go from the intuition – literary argument to the formal derivations and proofs.

Finally, Professor Gandolfo conveys a sense of histroy. He discusses the profound insights of earlier approaches, which may be unknown to the younger economists, in the same lucid and rigorous manner that he evaluates the newer approaches. There are many books and articles by exponents of alternative points of view. I know of no other book that provides the scope, balance, objectivity and rigor of this book.”

Preface, Introduction, I. The Basics II. Flow Approaches III. Stock and Stock-Flow Approaches IV. The Exchange Rate V. The Intertemporal Approach VI. International Monetary Integration VII. Problems of the International Monetary (Non)System VIII. Appendices, Index.

9788181284178 • 640 (Pb) • 2006 • ` 695.00

International Finance and Open-Economy Macro-economics

Giancarlo Gandolfo

International Finance5/Ed.

Maurice D. Levi

About the Book

Contents

The fifth edition of Maurice D.Levi's classic textbook has been updated to incorporate the massive changes in the world of international finance of the past few years. In particular, the emergence of new markets is given broad coverage particularly the rise to financial prominence of China and India and other growth economies in Asia and elsewhere. Key features of the book include:

The impact of globalization and the greater connectedness of national economies and the world economy as a whole.

Probably the best introduction to exchange rates available and how they directly impact upon firms as well as governments.

The continued massive impact of multinational corporations on the global financial scene as well as the opportunities presented by e-commerce.

The material is interlaced with a wealth of supplementary material including real world case studies, review questions, examples and objectives. The result is the most authoritative survey of international finance currently available.

Thoroughly updated and with a large amount of new information, this text will prove an indispensable guide to the inner workings of international finance to students of economics and business as well as professionals in the finance industry.

List of Illustrations, Preface, Part I – International Financial Markets and Environment 1. The Markets for Foreign Exchange 2. The Fundamental International Parity Conditions 3. The Determination of Exchange Rates 4. Fixed (Pegged) and Flexible Exchange Rates, Part II - International Financial Management, 5. Foreign Exchange Risk and Exposure 6. Hedging and Speculation 7. International Investment and Financing 8. Institutional Structure of International Trade and Finance , Glossary, Index

Ÿ

9781138690073 • 606 (Pb) • 2016 • ` 995.00

FINANCE

About the Book

Contents

Our established text International Trade Finance has been extensively revised for this new edition. As ever, it is an excellent guide for all students and practitioners who seek to acquire a sound understanding of international trade finance including the foreign exchange and support services provided for exporters, importers and merchants.

The book is in five parts: the first sets out the rationale for the development and growth of international trade. Part two analyses the practical applications of hedging techniques and also foreign exchange and settlement procedures. The third assesses the role of documents used in international trade and analyses the way that documents are linked inexorably and logically with shipping and payment terms. Part four examines the implications of the various financial and non-financial services from the point of view of exporters. The final part analyses documentary credits from the applicant’s point of view, and then evaluates the benefits and drawbacks of various specialist forms of documentary credit.

An essential reading material for those studying for the International Trade Finance paper of the MBA programme in major Indian Universities and is also beneficial for Financial Analysts.

PART ONE : 1. International trade: introductory overview; PART TWO : 2. The foreign exchange market 3. Spot rates and forward rates 4. Close-outs and extensions of forward contracts 5. Foreign currency options/pure options 6. Alternative hedging strategies for exporters 7. Overview of management of foreign currency exposure 8. Foreign currency translation exposure and foreign currency economic exposure 9. Methods of international settlement through banks; PART THREE : 10. Transport documents used in international trade 11. Documents other than transport documents 12. Incoterms 13. An overview of terms of payment 14. Open account terms 15. Documentary collections 16 Documentary credits; PART FOUR : 17. Short-term finance for exports 18. Medium- and long-term finance for exports 19. Non-financial services for exporters 20. Bonds, stand-by letters of credit and countertrade; PART FIVE : 21. Inward documentary collections 22. Documentary credits for imports 23. Transferable letters of credit and back-to-back letters of credit; APPENDICES : 1. Electronic commerce (e-commerce) 2. Correspondent banking and competition between banks 3. Uniform rules for collections, ICC 522, 4. Uniform Customs and Practice for Documentary Credits 5. Uniform Rules for Bank-to-Bank Reimbursements under Documentary Credits, Index.

9788180522796 • 408 (Hb) • 2009 • ` 995.00

International Trade Finance 8/Ed

Paul CowdellDerek Hyde

Mathematics for Business, Economics and Finance

R.S. SoniAvneet Kaur Soni

About the Book

Salient features:

Contents

This book primarily aims at students preparing for B.Com (Hons.) (Part-II) examination conducted by the University of Delhi. It has been written strictly in accordance with the latest updated syllabus prescribed by the University of Delhi and other Indian universities with similar syllabus.

Written in simple and lucid language.

Requires no previous knowledge of the subject

Each chapter starts with chapter outline and learning objectives.

Difficult concepts have been explained in a simple and easy manner with the aid of examples.

Presents a qualitative understanding of the subject.

Contains large number of solved examples for better understanding of concepts.

Unsolved problems for self-practice (with answers provided at the end) have been taken from recent examinations paper of B.Com (Hons.), B.A. Economics (Hons.) and B.B.E.

1.Matrices and Determinants, 2. Applications of Matrices to Business and Economics, 3. Functions, Limit and Continuity, 4. Differentiation, 5. Applications of Derivatives to Business and Economics, 6. Integration, 7. Applications of Integration to Business and Economics, 8. Partial Differentiation, 9. Applications of Partial Derivatives to Business and Economics, 10. Mathematics of Finance- I, 11. Mathematics of Finance-II, 12. Linear Programming-I, 13. Linear Programming-II (Simplex Method), 14. Transportation and Assignment Problems, Delhi University Examination Paper 2010 with Complete Solution

Ÿ

9789380618463 • 934 (Pb) • 2011 • ` 595.00

FINANCE

About the Book

Contents

Our established text International Trade Finance has been extensively revised for this new edition. As ever, it is an excellent guide for all students and practitioners who seek to acquire a sound understanding of international trade finance including the foreign exchange and support services provided for exporters, importers and merchants.

The book is in five parts: the first sets out the rationale for the development and growth of international trade. Part two analyses the practical applications of hedging techniques and also foreign exchange and settlement procedures. The third assesses the role of documents used in international trade and analyses the way that documents are linked inexorably and logically with shipping and payment terms. Part four examines the implications of the various financial and non-financial services from the point of view of exporters. The final part analyses documentary credits from the applicant’s point of view, and then evaluates the benefits and drawbacks of various specialist forms of documentary credit.

An essential reading material for those studying for the International Trade Finance paper of the MBA programme in major Indian Universities and is also beneficial for Financial Analysts.

PART ONE : 1. International trade: introductory overview; PART TWO : 2. The foreign exchange market 3. Spot rates and forward rates 4. Close-outs and extensions of forward contracts 5. Foreign currency options/pure options 6. Alternative hedging strategies for exporters 7. Overview of management of foreign currency exposure 8. Foreign currency translation exposure and foreign currency economic exposure 9. Methods of international settlement through banks; PART THREE : 10. Transport documents used in international trade 11. Documents other than transport documents 12. Incoterms 13. An overview of terms of payment 14. Open account terms 15. Documentary collections 16 Documentary credits; PART FOUR : 17. Short-term finance for exports 18. Medium- and long-term finance for exports 19. Non-financial services for exporters 20. Bonds, stand-by letters of credit and countertrade; PART FIVE : 21. Inward documentary collections 22. Documentary credits for imports 23. Transferable letters of credit and back-to-back letters of credit; APPENDICES : 1. Electronic commerce (e-commerce) 2. Correspondent banking and competition between banks 3. Uniform rules for collections, ICC 522, 4. Uniform Customs and Practice for Documentary Credits 5. Uniform Rules for Bank-to-Bank Reimbursements under Documentary Credits, Index.

9788180522796 • 408 (Hb) • 2009 • ` 995.00

International Trade Finance 8/Ed

Paul CowdellDerek Hyde

Mathematics for Business, Economics and Finance

R.S. SoniAvneet Kaur Soni

About the Book

Salient features:

Contents

This book primarily aims at students preparing for B.Com (Hons.) (Part-II) examination conducted by the University of Delhi. It has been written strictly in accordance with the latest updated syllabus prescribed by the University of Delhi and other Indian universities with similar syllabus.

Written in simple and lucid language.

Requires no previous knowledge of the subject

Each chapter starts with chapter outline and learning objectives.

Difficult concepts have been explained in a simple and easy manner with the aid of examples.

Presents a qualitative understanding of the subject.

Contains large number of solved examples for better understanding of concepts.

Unsolved problems for self-practice (with answers provided at the end) have been taken from recent examinations paper of B.Com (Hons.), B.A. Economics (Hons.) and B.B.E.

1.Matrices and Determinants, 2. Applications of Matrices to Business and Economics, 3. Functions, Limit and Continuity, 4. Differentiation, 5. Applications of Derivatives to Business and Economics, 6. Integration, 7. Applications of Integration to Business and Economics, 8. Partial Differentiation, 9. Applications of Partial Derivatives to Business and Economics, 10. Mathematics of Finance- I, 11. Mathematics of Finance-II, 12. Linear Programming-I, 13. Linear Programming-II (Simplex Method), 14. Transportation and Assignment Problems, Delhi University Examination Paper 2010 with Complete Solution

Ÿ

9789380618463 • 934 (Pb) • 2011 • ` 595.00

FINANCE

About the Book

Contents

Microfinance in Developing Countries is a collection of studies by leading researchers in the field of microfinance. It discusses key issues that the rapidly growing microfinance industry currently faces. It offers interesting views and innovative analysis of topical matters concerning impact, performance, challenges and innovations in the microfinance realm. Issues relating to impact include measurement problems; the debate of multiple versus single assessment criteria; and the question of whether microfinance institutions are effective in delivering the microfinance promise. Issues relating to performance include the ongoing debate over the balance between social and financial performance; performance measures; and the controversy over mission drift. Issues relating to the challenges faced by the microfinance industry include the problem of over-indebtedness; improving agricultural microfinance; and assessing the role of local culture in the design of an effective microfinance sector. Lastly, topical issues relating to innovations include assessment of technological and financial innovations and the application thereof as well as the continued expansion of microfinance beyond microcredit in developing countries. Together these issues provide an overview of microfinance as it stands today and point to the direction in which it is heading.

List of Tables and Figures, About the editors, About the contributors, Dilemmas and Directions in Microfinance Research Ronny Manos, Jean-Pierre Gueyie & Jacob Yaron, Microfinance and Microenterprises' Financing Constraints in Eastern Europe and Central Asia Valentina Hartarska, Denis Nadolnyak & Thomas McAdams, Through the Thicket of Credit Impact Assessments Dale W. Adams & Robert C. Vogel, Assessing Microfinance: Striking the Balance between Social Utility and Financial Performance Florent Bédécarrats & Cécile Lapenu, Earnings Quality in the Microfinance Industry Leif Atle Beisland & Roy Mersland, Culture and Governance in Microfinance: Desa Pakraman and Lembaga Perkreditan Desa in Bali Hans Dieter Seibel, Crowd Empowered MicroFinance Dan Marom, From a Supply Gap to a Demand Gap? The Risk and Consequences of Over-indebting the Underbanked Jessica Schicks, Financing Businesses in Africa: The Role of Microfinance Shilpa Aggarwal, Leora Klapper & Dorothe Singer, Microfinance and Agriculture: Challenges, Successes, Prospects Richard L. Meyer

9781137498380 • 258 (Hb) • 2015 • ` 2495.00

Microfinance in Developing Countries

Issues, Policies and Performance Evaluation

Edited by

Jean-Pierre GueyieRonny Manos

Jacob Yaron

MicrofinanceA reader

Edited by

David HulmeThankom Arun

About the Book

Contents

Microfinance has become an important component of development, poverty reduction and economic regeneration strategy around the world. By the early twenty first century tens of millions of people in more than 100 countries were accessing services from formal and semi-formal microfinance institutions (MFIs). Much of the initial attention on microcredit came through work on Bangladesh’s much-lauded Grameen Bank but, there are now many different ‘models’ for microfinance and many countries have substantial microfinance sectors.

This timely book, written by one of the major players in the UK in development economics explores, amongst others, topics such as:

Microfinance and poverty reduction

Microfinance, gender and social development

Microinsurance

Regulating and supervising microfinance institutions.

Topical and insightful, this important text examines what has become a vast global industry employing hundreds of thousands of people and attracting the attention of large numbers of governments, banks, aid agencies, non-governmental organizations and consultancy firms.

1. An Introduction to microfinance 2. Finance for the poor: The way forward? 3. The Microfinance schism 4. The need to save 5. Supply and demand in microfinance: The case for a financial systems approach 6. Microenterprise finance: is there a conflict between growth and poverty alleviation? 7. Programs for the poorest: learning from the IGVGD program in Bangladesh 8. Conflict over credit: re-evaluating the empowerment potential of loans to women in rural Bangladesh 9. Making microfinance more client led 10. The story of the Grameen Bank: from subsidized microcredit to market based microfinance 11. Microinsurance-the risks, perils and opportunities 12. Regulating for development: the case of microfinance 13. Impact assessment methodologies for microfinance: theory, experience and better practice? 14. The future of microfinance, Index.

Ÿ

9780415596909 • 256 (Pb) • 2014 • £ 14.00

FINANCE

About the Book

Contents

Microfinance in Developing Countries is a collection of studies by leading researchers in the field of microfinance. It discusses key issues that the rapidly growing microfinance industry currently faces. It offers interesting views and innovative analysis of topical matters concerning impact, performance, challenges and innovations in the microfinance realm. Issues relating to impact include measurement problems; the debate of multiple versus single assessment criteria; and the question of whether microfinance institutions are effective in delivering the microfinance promise. Issues relating to performance include the ongoing debate over the balance between social and financial performance; performance measures; and the controversy over mission drift. Issues relating to the challenges faced by the microfinance industry include the problem of over-indebtedness; improving agricultural microfinance; and assessing the role of local culture in the design of an effective microfinance sector. Lastly, topical issues relating to innovations include assessment of technological and financial innovations and the application thereof as well as the continued expansion of microfinance beyond microcredit in developing countries. Together these issues provide an overview of microfinance as it stands today and point to the direction in which it is heading.

List of Tables and Figures, About the editors, About the contributors, Dilemmas and Directions in Microfinance Research Ronny Manos, Jean-Pierre Gueyie & Jacob Yaron, Microfinance and Microenterprises' Financing Constraints in Eastern Europe and Central Asia Valentina Hartarska, Denis Nadolnyak & Thomas McAdams, Through the Thicket of Credit Impact Assessments Dale W. Adams & Robert C. Vogel, Assessing Microfinance: Striking the Balance between Social Utility and Financial Performance Florent Bédécarrats & Cécile Lapenu, Earnings Quality in the Microfinance Industry Leif Atle Beisland & Roy Mersland, Culture and Governance in Microfinance: Desa Pakraman and Lembaga Perkreditan Desa in Bali Hans Dieter Seibel, Crowd Empowered MicroFinance Dan Marom, From a Supply Gap to a Demand Gap? The Risk and Consequences of Over-indebting the Underbanked Jessica Schicks, Financing Businesses in Africa: The Role of Microfinance Shilpa Aggarwal, Leora Klapper & Dorothe Singer, Microfinance and Agriculture: Challenges, Successes, Prospects Richard L. Meyer

9781137498380 • 258 (Hb) • 2015 • ` 2495.00

Microfinance in Developing Countries

Issues, Policies and Performance Evaluation

Edited by

Jean-Pierre GueyieRonny Manos

Jacob Yaron

MicrofinanceA reader

Edited by

David HulmeThankom Arun

About the Book

Contents

Microfinance has become an important component of development, poverty reduction and economic regeneration strategy around the world. By the early twenty first century tens of millions of people in more than 100 countries were accessing services from formal and semi-formal microfinance institutions (MFIs). Much of the initial attention on microcredit came through work on Bangladesh’s much-lauded Grameen Bank but, there are now many different ‘models’ for microfinance and many countries have substantial microfinance sectors.

This timely book, written by one of the major players in the UK in development economics explores, amongst others, topics such as:

Microfinance and poverty reduction

Microfinance, gender and social development

Microinsurance

Regulating and supervising microfinance institutions.

Topical and insightful, this important text examines what has become a vast global industry employing hundreds of thousands of people and attracting the attention of large numbers of governments, banks, aid agencies, non-governmental organizations and consultancy firms.

1. An Introduction to microfinance 2. Finance for the poor: The way forward? 3. The Microfinance schism 4. The need to save 5. Supply and demand in microfinance: The case for a financial systems approach 6. Microenterprise finance: is there a conflict between growth and poverty alleviation? 7. Programs for the poorest: learning from the IGVGD program in Bangladesh 8. Conflict over credit: re-evaluating the empowerment potential of loans to women in rural Bangladesh 9. Making microfinance more client led 10. The story of the Grameen Bank: from subsidized microcredit to market based microfinance 11. Microinsurance-the risks, perils and opportunities 12. Regulating for development: the case of microfinance 13. Impact assessment methodologies for microfinance: theory, experience and better practice? 14. The future of microfinance, Index.

Ÿ

9780415596909 • 256 (Pb) • 2014 • £ 14.00

FINANCE

About the Book

Contents

The book has been thoroughly revised, updated and rewritten. It has two portions. Portion One deals with the Money and Banking and Potion Two relates to the Theory of Public Finance. In this edition, new matters have been added in a number of chapters particularly in Portion Two. Latest data have been given. Changes in the public finance policies, necessitated by post 1991 economic reforms, have been included at relevant places in various chapters. Chapter 47 has been rewritten after including the Government of India Budget for 2008-09.

Since this is a textbook, primarily meant for the students of undergraduate and postgraduate courses in economics of the Indian universities, it covers broadly the syllabi of almost all the universities. The entire matter of the book has been presented in such a simple possible language, innovative style and proper order that can be understood and grasped easily even by those students, who have no background in economics. The author is confident that this book will be equally useful for those appearing in different examinations at All India and State level competitions.

MONEY & BANKING, PART ONE: MONEY 1. Evolution and Functions of Money 2. The Role of Money 3. The Circular Flow of Money 4. The Demand for Money 5. The Supply of Money 6. The Determination of Value of Money – Transactions Approach 7. The Determination of Value of Money _ The Keynesian Approach 8. Friedman’s Reformulation of Quantity Theory of Money 9. Measurement of Changes in the Value of Money 10.Inflation, Deflation and Reflation 11.Philips Curve and Stagflation 12.Theories of Trade Cycles 13.Post – Keyesian Development in Trade Cycle Theories PART TWO : BANKING THEORY 14. Money and Capital Markets 15. Organisation and Structure of Commercial Banks 16.Credit Creation by Commercial Banks 17.Functions of the Central Bank 18.Central Bank and Credit Control 19.Monetary Policy PART THREE : BANKING IN INDIA 20.Indian Money Market and Capital Market 21.The Indian Banking System 22.Commercial Banks in India 23.Nationalisation of Banks in India 24.The Reserve Bank of India 25.Monetary Policy of Reserve Bank of India, Appendics I. Full Convertibility of Rupee, II. Management of Foreign Exchange Reserves, PUBLIC FINANCE 26.Nature and Significance of Public Finance 27.The Theory of Public Finance 28.The Principle of Maximum Social Advantage 29.Public Expenditure – General Issues 30.Objectives and Principles of Public Expenditure 31.Effects of Public Expenditure 32. Public Expenditure in India 33.Public Revenue - General Issues 34.The Distribution of Tax Burden 35.Taxable Capacity 36.Impact and Incidence of Taxes 37.Prof.Murgrave on Shifting of Incidence 38.Classification and Choice of Taxes 39.Effects of Taxation

9781137498380 • 258 (Hb) • 2015 • ` 2495.00

Money, Banking and Public Finance

8/Ed.

T.N. Hajela

Project Infrastructure Finance

S.K. Bagchi

About the Book

Contents

Project Finance (including infrastructure finance) has been passing through an evolutionary phase in the process of rapid industrialization of countries with concomitant focus on infrastructure development. Unlike in the past, the Commercial Banks around the globe are increasingly participating in the total financing process of not only large-sized industrial projects but also for infrastructure projects that are generally of larger dimension than usual project finance cases.

The Book, ‘Project/Infrastructure Finance’ aims at meeting the requirements of contemporary professional courses besides being an all – inclusive reference point for Finance Practitioners like CAs, CFAs, etc. , Finance Management teachers, officials of Banks and Financial Institutions and also promoters of such projects.

1. Understanding Project-Finance, 2. Infrastructure Anatom, 3. Finance for Infrastructure, 4. Accounting Ratios in infrastructure and the Projects, 5. Credit Rating for Infrastructure Projects , 6.Techniques of Infrastructure Lending, 7. Regulatory Framework, 8. Terms and Conditions of Sanction and Security Documentation, 9. Case Studies on Infrastructure Lending, 10. Post-Disbursement Supervision, 11. Accounting Standards and Audits, 12. Risk Management Implications, 13. Recovery of Non-Performing Accounts, Annexure

9789380156460 • 174 (Hb) • 2015 • ` 595.00

FINANCE

About the Book

Contents

The book has been thoroughly revised, updated and rewritten. It has two portions. Portion One deals with the Money and Banking and Potion Two relates to the Theory of Public Finance. In this edition, new matters have been added in a number of chapters particularly in Portion Two. Latest data have been given. Changes in the public finance policies, necessitated by post 1991 economic reforms, have been included at relevant places in various chapters. Chapter 47 has been rewritten after including the Government of India Budget for 2008-09.

Since this is a textbook, primarily meant for the students of undergraduate and postgraduate courses in economics of the Indian universities, it covers broadly the syllabi of almost all the universities. The entire matter of the book has been presented in such a simple possible language, innovative style and proper order that can be understood and grasped easily even by those students, who have no background in economics. The author is confident that this book will be equally useful for those appearing in different examinations at All India and State level competitions.

MONEY & BANKING, PART ONE: MONEY 1. Evolution and Functions of Money 2. The Role of Money 3. The Circular Flow of Money 4. The Demand for Money 5. The Supply of Money 6. The Determination of Value of Money – Transactions Approach 7. The Determination of Value of Money _ The Keynesian Approach 8. Friedman’s Reformulation of Quantity Theory of Money 9. Measurement of Changes in the Value of Money 10.Inflation, Deflation and Reflation 11.Philips Curve and Stagflation 12.Theories of Trade Cycles 13.Post – Keyesian Development in Trade Cycle Theories PART TWO : BANKING THEORY 14. Money and Capital Markets 15. Organisation and Structure of Commercial Banks 16.Credit Creation by Commercial Banks 17.Functions of the Central Bank 18.Central Bank and Credit Control 19.Monetary Policy PART THREE : BANKING IN INDIA 20.Indian Money Market and Capital Market 21.The Indian Banking System 22.Commercial Banks in India 23.Nationalisation of Banks in India 24.The Reserve Bank of India 25.Monetary Policy of Reserve Bank of India, Appendics I. Full Convertibility of Rupee, II. Management of Foreign Exchange Reserves, PUBLIC FINANCE 26.Nature and Significance of Public Finance 27.The Theory of Public Finance 28.The Principle of Maximum Social Advantage 29.Public Expenditure – General Issues 30.Objectives and Principles of Public Expenditure 31.Effects of Public Expenditure 32. Public Expenditure in India 33.Public Revenue - General Issues 34.The Distribution of Tax Burden 35.Taxable Capacity 36.Impact and Incidence of Taxes 37.Prof.Murgrave on Shifting of Incidence 38.Classification and Choice of Taxes 39.Effects of Taxation

9781137498380 • 258 (Hb) • 2015 • ` 2495.00

Money, Banking and Public Finance

8/Ed.

T.N. Hajela

Project Infrastructure Finance

S.K. Bagchi

About the Book

Contents

Project Finance (including infrastructure finance) has been passing through an evolutionary phase in the process of rapid industrialization of countries with concomitant focus on infrastructure development. Unlike in the past, the Commercial Banks around the globe are increasingly participating in the total financing process of not only large-sized industrial projects but also for infrastructure projects that are generally of larger dimension than usual project finance cases.

The Book, ‘Project/Infrastructure Finance’ aims at meeting the requirements of contemporary professional courses besides being an all – inclusive reference point for Finance Practitioners like CAs, CFAs, etc. , Finance Management teachers, officials of Banks and Financial Institutions and also promoters of such projects.

1. Understanding Project-Finance, 2. Infrastructure Anatom, 3. Finance for Infrastructure, 4. Accounting Ratios in infrastructure and the Projects, 5. Credit Rating for Infrastructure Projects , 6.Techniques of Infrastructure Lending, 7. Regulatory Framework, 8. Terms and Conditions of Sanction and Security Documentation, 9. Case Studies on Infrastructure Lending, 10. Post-Disbursement Supervision, 11. Accounting Standards and Audits, 12. Risk Management Implications, 13. Recovery of Non-Performing Accounts, Annexure

9789380156460 • 174 (Hb) • 2015 • ` 595.00

FINANCE

About the Book

Contents

The book presents a critical analysis of all the important issues connected with the theory and policy of public finance. The book is divided into two parts. Part ONE deals with the theory of public finance and Part TWO provides a discussion on the policy related issues in the context of Indian economy. In this edition, new matter has been added in a number of chapters particularly in Part Two. Latest data have been added wherever possible. An Appendix of Government of India Budgets for 2013-14 and 2014-15 has been added at the end of this book.

Since this is a textbook primarily meant for the students of undergraduate and postgraduate courses in economics of the Indian niversities, it covers broadly the syllabi of almost all the universities. The entire material has been presented in make it intelligible even for those who have no grounding in economics. The author is confident that this book will be equally useful for those appearing at all India and State level competitions.

PART ONE : THEORY OF PUBLIC FINANCE 1. Nature and Significance of Public Finance, 2. The Theory of Public Finance, 3. The Principle of Maximum Social Advantage, 4. Public Revenue—General Issues, 5. The Distribution of Tax Burden, 6. Taxable Capacity, 7. Impact and Incidence of Taxes, 8. Prof. Musgrave on Shifting of Incidence, 9. The Problem of Excess Burden and the Principle of Tax Neutrality, 10. Problem of Double Taxation, 11. Classification and Choice of Taxes, 12. Value Added Tax (VAT), 13. Effects of Taxation, 14. Public Expenditure—General Issues,15. Objectives and Principles of Public Expenditure, 16. Effects of Public Expenditure, 17. Public Debt—General Issues, 18. Management of Public Debt, 19. The Public Budget, 20. Techniques of Budgeting, 21. Fiscal Policy, 22. Deficit Financing, 23. Development Finance, 24. Financial Administration, 25. Principles of Federal Finance, 26. Public Enterprises, PART TWO: INDIAN PUBLIC FINANCE 27. Indian Federal Finance, 28. Finance Commissions and Their Recommendations, 29. Review of Centre-State Financial Relations in India, 30. Public Expenditure in India, 31. Public Debt in India, 32. Railway Finance in India, 33. Sources of Revenue of Central Government in India (Tax and Non-Tax Revenue), 34. Sources of Revenue of State Governments in India, 35. Local Finance in India, 36. The Indian Tax System : General Observations, Appendix: Government of India Budgets 2013-14 and 2014-15.

9789384726164 • 544 (Pb) • 2015 • ` 495.00

Public Finance 5/Ed.

T.N. Hajela

14 www.anebooks.com

FINANCE

15www.anebooks.com

Dynamics of Indian Financial System

Markets, Institutions & Services3/Ed.

Preeti Singh

About the Book

Salient features:

Contents

This book is a comprehensive study of the working, operations and transactions of the financial system in India. It provides the methodology of investment and savings in the economy besides the structure of the financial markets, institutions, and services and the reforms in the financial sector.

Provides an overview of the Indian Financial System and the important changes from 2006-2013 related to making the financial structure more efficient for inflow and outflow of funds.Discusses the reforms in the new issues market and stock market to make it investor friendly.Presents the promotional role of Reserve Bank of India and how it attempts at liberalization through reforms. Discusses changes in primary and secondary markets to protect the investor for more efficient and effective trading with latest data and tables and analysis.Discusses Trends and changes in foreign exchange markets and analysis of financial crisis.Includes changes in non-bank financial companies, small savings, provident funds and pension.Discusses the contribution of Unit Trust of India and mutual funds to India.All the changes relating to Development Banks have been included in this edition.

Part One: Financial System - An Overview, 1. Nature and Role of Financial Systems 2. Indian Financial System 3. Financial Sector Reform in India Part Two: Regulatory Authorities 4. The Reserve Bank of India 5. The Securities Exchange Board of India, Part Three: Financial Markets 6. New Issue Market 7. The Secondary Market 8. Financial Markets for Short-term Funds Part Four: Dimensions of International Financial Markets 9. Foreign Exchange Market 10. Foreign Capital Flows, Part Five: Banking Institutions 11. Commercial Banks 12. Cooperative Banks, Part Six: Non-Banking Financial Intermediaries 13. Non-Bank Financial Companies 14. Small Savings, Provident Funds & Pension Funds 15. Insurance Companies 16. Unit Trust of India and Mutual Funds 17. Development Banks Part Seven: Financial Services 18. Financial Services Glossary, Index

Ÿ

9789383656943 • 440 (Pb) • 2018 • ` 495.00

FINANCE

About the Book

Contents

The book presents a critical analysis of all the important issues connected with the theory and policy of public finance. The book is divided into two parts. Part ONE deals with the theory of public finance and Part TWO provides a discussion on the policy related issues in the context of Indian economy. In this edition, new matter has been added in a number of chapters particularly in Part Two. Latest data have been added wherever possible. An Appendix of Government of India Budgets for 2013-14 and 2014-15 has been added at the end of this book.

Since this is a textbook primarily meant for the students of undergraduate and postgraduate courses in economics of the Indian niversities, it covers broadly the syllabi of almost all the universities. The entire material has been presented in make it intelligible even for those who have no grounding in economics. The author is confident that this book will be equally useful for those appearing at all India and State level competitions.

PART ONE : THEORY OF PUBLIC FINANCE 1. Nature and Significance of Public Finance, 2. The Theory of Public Finance, 3. The Principle of Maximum Social Advantage, 4. Public Revenue—General Issues, 5. The Distribution of Tax Burden, 6. Taxable Capacity, 7. Impact and Incidence of Taxes, 8. Prof. Musgrave on Shifting of Incidence, 9. The Problem of Excess Burden and the Principle of Tax Neutrality, 10. Problem of Double Taxation, 11. Classification and Choice of Taxes, 12. Value Added Tax (VAT), 13. Effects of Taxation, 14. Public Expenditure—General Issues,15. Objectives and Principles of Public Expenditure, 16. Effects of Public Expenditure, 17. Public Debt—General Issues, 18. Management of Public Debt, 19. The Public Budget, 20. Techniques of Budgeting, 21. Fiscal Policy, 22. Deficit Financing, 23. Development Finance, 24. Financial Administration, 25. Principles of Federal Finance, 26. Public Enterprises, PART TWO: INDIAN PUBLIC FINANCE 27. Indian Federal Finance, 28. Finance Commissions and Their Recommendations, 29. Review of Centre-State Financial Relations in India, 30. Public Expenditure in India, 31. Public Debt in India, 32. Railway Finance in India, 33. Sources of Revenue of Central Government in India (Tax and Non-Tax Revenue), 34. Sources of Revenue of State Governments in India, 35. Local Finance in India, 36. The Indian Tax System : General Observations, Appendix: Government of India Budgets 2013-14 and 2014-15.

9789384726164 • 544 (Pb) • 2015 • ` 495.00

Public Finance 5/Ed.

T.N. Hajela

14 www.anebooks.com

FINANCE

15www.anebooks.com

Dynamics of Indian Financial System

Markets, Institutions & Services3/Ed.

Preeti Singh

About the Book

Salient features:

Contents

This book is a comprehensive study of the working, operations and transactions of the financial system in India. It provides the methodology of investment and savings in the economy besides the structure of the financial markets, institutions, and services and the reforms in the financial sector.

Provides an overview of the Indian Financial System and the important changes from 2006-2013 related to making the financial structure more efficient for inflow and outflow of funds.Discusses the reforms in the new issues market and stock market to make it investor friendly.Presents the promotional role of Reserve Bank of India and how it attempts at liberalization through reforms. Discusses changes in primary and secondary markets to protect the investor for more efficient and effective trading with latest data and tables and analysis.Discusses Trends and changes in foreign exchange markets and analysis of financial crisis.Includes changes in non-bank financial companies, small savings, provident funds and pension.Discusses the contribution of Unit Trust of India and mutual funds to India.All the changes relating to Development Banks have been included in this edition.

Part One: Financial System - An Overview, 1. Nature and Role of Financial Systems 2. Indian Financial System 3. Financial Sector Reform in India Part Two: Regulatory Authorities 4. The Reserve Bank of India 5. The Securities Exchange Board of India, Part Three: Financial Markets 6. New Issue Market 7. The Secondary Market 8. Financial Markets for Short-term Funds Part Four: Dimensions of International Financial Markets 9. Foreign Exchange Market 10. Foreign Capital Flows, Part Five: Banking Institutions 11. Commercial Banks 12. Cooperative Banks, Part Six: Non-Banking Financial Intermediaries 13. Non-Bank Financial Companies 14. Small Savings, Provident Funds & Pension Funds 15. Insurance Companies 16. Unit Trust of India and Mutual Funds 17. Development Banks Part Seven: Financial Services 18. Financial Services Glossary, Index

Ÿ

9789383656943 • 440 (Pb) • 2018 • ` 495.00

FINANCE

About the Book

Contents

This edition brings in additional details on several areas like Reforms in Indian Financial System, Book Building Method, Mutual funds including SEBI guidelines for asset management companies. Further, a new chaper on Internet Banking has been added and the chapter on Venture Capital has been considerably improved.

Preface, Introduction to Financial System, Part-I: Financial Markets, Section-I: Money Market, 1. Introduction to Money Market 2. Call Money Market 3. Commercial paper 4. Certificates of Deposit 5. Gilt Edged Securities Market (Dated Securities) 6. Treasury Bills 7. Repos (Repurchase Agreement) Section-II: Capital Market 8. Primary Markets 9. Dematerialization 10. Secondary Market 11. Investor English and Protection Fund (IEPF) 12. Major Stock Exchange of India Part II-Financial Institutions Section I-Regulatory and Promotional Institutions 13. Securities Exchange Board of India (SEBI) 14. Reserve Bank of India Banking System in India 15. Commercial Banking System 16. Cooperative Banking in India 17. Non-Banking Financial Companies Section III-Development Financial Institution 18. Brief Profile of Various Developmental Financial Institutions in India Section IV-Specialised Financial Institutions 19. Insurance Institutions Part III-Financial Services 20. Venture Capital 21. Credit Rating 22. Merchant Banking 23. Mutual Funds 24. American and Global Depository Receipts 25. Debt Securitization 26. Disinvestment 27. Insurance 28. Internet Banking: An Innovation in Banking Services 29. Leasing

9789380156606 • 424 (Pb) • 2018 • ` 495.00

Financial Markets, Institutions & Services

2/Ed.

N.K. GuptaMonika Chopra

16 www.anebooks.com

FINANCE

17www.anebooks.com

Financial Mathematics

Prarthana Shahi

About the Book

Contents

The title FINANCIAL MATHEMATICS - A Perfect Solutions, is a true blend of the knowledge for mathematical sophistication and ingenuity of the financial problems. The uniqueness about this book is its simplicity in the application of the numerical and derivative measurements. The book starts with basics and goes on to explain the complexities in a very easy way so that the readers can understand and apply it in practical situations. It also incorporates a large number of both solved and unsolved questions with answers for guidance. Primarily this book will be useful to graduates and postgraduate students and for the professional certificate/short term courses offering information regarding Interest rates, Annuity, Depreciation, etc. As a secondary market it includes the Institute of Actuaries of India for Actuarial profession as a core technical subject and in various other Financial and Economic courses as a core subject.

1. Introducing the concept of interest 2. Kinds of interest rates 3. Future value 4. Depreciation at varying interest rates 5. Present value and discount rate 6. Equation of payments 7. Concept of annuity 8. Present value of deferred annuit ies and perpetuit ies 9. Accumulated value of annuit ies10. Bonds/debentures and its valuation 11. Shares and its valuation

9789385462214 • 246 (Pb) • 2016 • ` 395.00

FINANCE

About the Book

Contents

This edition brings in additional details on several areas like Reforms in Indian Financial System, Book Building Method, Mutual funds including SEBI guidelines for asset management companies. Further, a new chaper on Internet Banking has been added and the chapter on Venture Capital has been considerably improved.

Preface, Introduction to Financial System, Part-I: Financial Markets, Section-I: Money Market, 1. Introduction to Money Market 2. Call Money Market 3. Commercial paper 4. Certificates of Deposit 5. Gilt Edged Securities Market (Dated Securities) 6. Treasury Bills 7. Repos (Repurchase Agreement) Section-II: Capital Market 8. Primary Markets 9. Dematerialization 10. Secondary Market 11. Investor English and Protection Fund (IEPF) 12. Major Stock Exchange of India Part II-Financial Institutions Section I-Regulatory and Promotional Institutions 13. Securities Exchange Board of India (SEBI) 14. Reserve Bank of India Banking System in India 15. Commercial Banking System 16. Cooperative Banking in India 17. Non-Banking Financial Companies Section III-Development Financial Institution 18. Brief Profile of Various Developmental Financial Institutions in India Section IV-Specialised Financial Institutions 19. Insurance Institutions Part III-Financial Services 20. Venture Capital 21. Credit Rating 22. Merchant Banking 23. Mutual Funds 24. American and Global Depository Receipts 25. Debt Securitization 26. Disinvestment 27. Insurance 28. Internet Banking: An Innovation in Banking Services 29. Leasing

9789380156606 • 424 (Pb) • 2018 • ` 495.00

Financial Markets, Institutions & Services

2/Ed.

N.K. GuptaMonika Chopra

16 www.anebooks.com

FINANCE

17www.anebooks.com

Financial Mathematics

Prarthana Shahi

About the Book

Contents

The title FINANCIAL MATHEMATICS - A Perfect Solutions, is a true blend of the knowledge for mathematical sophistication and ingenuity of the financial problems. The uniqueness about this book is its simplicity in the application of the numerical and derivative measurements. The book starts with basics and goes on to explain the complexities in a very easy way so that the readers can understand and apply it in practical situations. It also incorporates a large number of both solved and unsolved questions with answers for guidance. Primarily this book will be useful to graduates and postgraduate students and for the professional certificate/short term courses offering information regarding Interest rates, Annuity, Depreciation, etc. As a secondary market it includes the Institute of Actuaries of India for Actuarial profession as a core technical subject and in various other Financial and Economic courses as a core subject.

1. Introducing the concept of interest 2. Kinds of interest rates 3. Future value 4. Depreciation at varying interest rates 5. Present value and discount rate 6. Equation of payments 7. Concept of annuity 8. Present value of deferred annuit ies and perpetuit ies 9. Accumulated value of annuit ies10. Bonds/debentures and its valuation 11. Shares and its valuation

9789385462214 • 246 (Pb) • 2016 • ` 395.00

FINANCE

About the Book

Contents

The scope and understanding of International Trade has undergone a sea change in recent past. The traditional economic powers are fast losing their significance and new powers like. India and China are emerging with a great potential. The recession in U.S. and Europe is further giving a new dimension to the world trade. India, in order to increase its share in the world trade has to change its strategies quite often. In order to equip the students with the latest trends, the book has been revised.

The main changes incorporated in the book are:Ÿ EX-IM Policy 2009-2014Ÿ International business scenario at presentŸ Composition of India’s foreign tradeŸ Challenges in India’s foreign tradeŸ Free trade agreementsŸ India’s foreign trade agreementsŸ Trends in India’s balance of paymentsŸ International Monetary System 1944-71 and 1971 till dateŸ The Data regarding the various aspects of trade has been updated and

certain things like EX_IM policy 2002-07, Direction of foreign trade, India’s balance of payments, etc. have been delected.

Part I : International Trade 1. Introduction 2. Theory of International Trade 3. Changes and Challenges in the International Trade Order 4. International Trade and Economic Integration of Developing Countries 5. Barriers to Trade 6. Balance of Payments 7. Exchange Rate Determination 8. Export Import Policy 2009-2014 9. Export Finance 10. Distribution Logistics for Exports 11. Indias Foreign Trade Management Organisations 12. State Trading, Part II : International and Domestic Financial Environment 13. Evolution of International Monetary System 14. Capital Market in India 15. Industrial Financial Institutions in India 16. Multinational Companies and International Business 17. International Finance Strategies 18. Euro Currencies 19. World Trade Organisation 20. International Monetary Fund (IMF) 21. World Bank 22. Global Trading Strategies.

9789382127413 • 470 (Pb) • 2015 • ` 495.00

International Trade and Financial Environment

2/Ed.

M.K. Bhat

18 www.anebooks.com

FINANCE

19www.anebooks.com

Fundamentals of Financial Management

3/Ed.

Preeti Singh

About the Book

Contents

The revised and enlarged third edition presents an integrated understanding of the concepts and techniques of Financial Management. Financial decisions are the essence of good management and satisfaction of the shareholders. A conflict of interests arises between shareholders, debt holders and management. Understanding of concepts of financial management will help in managing the different kinds of interests towards better wealth management with the study of inter-related areas involving investment, financing and dividend decisions. What investments should a company make? How should it pay for it? The secret of success is not only to do business by spending money or raising it, but by increasing the value of the firm using its resources efficiently with maximum utility.

This book has been specially prepared for students taking courses in management, commerce and business studies, chartered accountancy, cost accountancy, masters in finance and also for the corporate managers.

The book has been divided into seven units with a new chapter on Sources of Finance. In the world of new business and combination of skills and networking to achieve success, a special chapter on Mergers and Acquisitions has been included. The text has been completely revised and changed to suit the requirements of the management institutes.

Preface, PART I : UNDERSTANDING FINANCIAL MANAGEMENT CONCEPTS 1. Basic Concepts of Financial Management 2. Time Value of Money 3. Valuation of Securities, PART II : FINANCIAL ANALYSIS AND PLANNING 4. Statement of Changes in Financial Position 5. Financial Statements Analysis (Ratio Analysis) 6. Sources of Finance PART III : LONG TERM CAPITAL DECISIONS 7. Capital Budgeting 8. Risk Analysis in Capital Budgeting 9. Cost of Capital PART IV : FINANCIAL DECISIONS 10. Financing Decisions – Operating and Financing Leverage 11. Capital Structure Planning and Value of the Firm PART V : DIVIDEND DECISIONS 12. Dividend Decisions and Valuation of the Firm 13. Dividend Policy PART VI : MANAGEMENT OF CURRENT ASSETS 14. Working Capital Management 15. Cash Management 16. Receivable Management 17. Inventory Management PART VII : FINANCIAL RESTRUCTURING 18. Corporate Restructuring, Mergers / Acquisitions, Appendix, Glossary, Index.

9789380618951 • 722 (Pb) • 2016 • ` 595.00

FINANCE

About the Book

Contents

The scope and understanding of International Trade has undergone a sea change in recent past. The traditional economic powers are fast losing their significance and new powers like. India and China are emerging with a great potential. The recession in U.S. and Europe is further giving a new dimension to the world trade. India, in order to increase its share in the world trade has to change its strategies quite often. In order to equip the students with the latest trends, the book has been revised.

The main changes incorporated in the book are:Ÿ EX-IM Policy 2009-2014Ÿ International business scenario at presentŸ Composition of India’s foreign tradeŸ Challenges in India’s foreign tradeŸ Free trade agreementsŸ India’s foreign trade agreementsŸ Trends in India’s balance of paymentsŸ International Monetary System 1944-71 and 1971 till dateŸ The Data regarding the various aspects of trade has been updated and

certain things like EX_IM policy 2002-07, Direction of foreign trade, India’s balance of payments, etc. have been delected.

Part I : International Trade 1. Introduction 2. Theory of International Trade 3. Changes and Challenges in the International Trade Order 4. International Trade and Economic Integration of Developing Countries 5. Barriers to Trade 6. Balance of Payments 7. Exchange Rate Determination 8. Export Import Policy 2009-2014 9. Export Finance 10. Distribution Logistics for Exports 11. Indias Foreign Trade Management Organisations 12. State Trading, Part II : International and Domestic Financial Environment 13. Evolution of International Monetary System 14. Capital Market in India 15. Industrial Financial Institutions in India 16. Multinational Companies and International Business 17. International Finance Strategies 18. Euro Currencies 19. World Trade Organisation 20. International Monetary Fund (IMF) 21. World Bank 22. Global Trading Strategies.

9789382127413 • 470 (Pb) • 2015 • ` 495.00

International Trade and Financial Environment

2/Ed.

M.K. Bhat

18 www.anebooks.com

FINANCE

19www.anebooks.com

Fundamentals of Financial Management

3/Ed.

Preeti Singh

About the Book

Contents

The revised and enlarged third edition presents an integrated understanding of the concepts and techniques of Financial Management. Financial decisions are the essence of good management and satisfaction of the shareholders. A conflict of interests arises between shareholders, debt holders and management. Understanding of concepts of financial management will help in managing the different kinds of interests towards better wealth management with the study of inter-related areas involving investment, financing and dividend decisions. What investments should a company make? How should it pay for it? The secret of success is not only to do business by spending money or raising it, but by increasing the value of the firm using its resources efficiently with maximum utility.

This book has been specially prepared for students taking courses in management, commerce and business studies, chartered accountancy, cost accountancy, masters in finance and also for the corporate managers.

The book has been divided into seven units with a new chapter on Sources of Finance. In the world of new business and combination of skills and networking to achieve success, a special chapter on Mergers and Acquisitions has been included. The text has been completely revised and changed to suit the requirements of the management institutes.

Preface, PART I : UNDERSTANDING FINANCIAL MANAGEMENT CONCEPTS 1. Basic Concepts of Financial Management 2. Time Value of Money 3. Valuation of Securities, PART II : FINANCIAL ANALYSIS AND PLANNING 4. Statement of Changes in Financial Position 5. Financial Statements Analysis (Ratio Analysis) 6. Sources of Finance PART III : LONG TERM CAPITAL DECISIONS 7. Capital Budgeting 8. Risk Analysis in Capital Budgeting 9. Cost of Capital PART IV : FINANCIAL DECISIONS 10. Financing Decisions – Operating and Financing Leverage 11. Capital Structure Planning and Value of the Firm PART V : DIVIDEND DECISIONS 12. Dividend Decisions and Valuation of the Firm 13. Dividend Policy PART VI : MANAGEMENT OF CURRENT ASSETS 14. Working Capital Management 15. Cash Management 16. Receivable Management 17. Inventory Management PART VII : FINANCIAL RESTRUCTURING 18. Corporate Restructuring, Mergers / Acquisitions, Appendix, Glossary, Index.

9789380618951 • 722 (Pb) • 2016 • ` 595.00

www.anebooks.com

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