To facilitate study of theory and practice of banking and finance.
To promote continous professional development.
To provide information needed by professionals in banking and finance.
An overview securities market and financial system;Products,participants and functions; primary market; secondary market; derivatives market; Regulators; Exchange; Depositories; clearing corporations; regulatory framework; reforms
IPO- Methods followed, On- line IPOs, Book Buliding, Merchant banking; role of merchant bankiers in fixing the prices, red0 herring prospectus- it's unique features, green shoe option, sweat equit, ESOP, rights issue of shares, ADRs/GDR's, FCCBs, Euro issues; Collective investment vehicles viz, Mutual funds, venture captial funds, credit rating
Definition and fuctions of stock exchanges, stock exchanges in India, NSE, BSE, OTCEI and overseaes stock exchanges, stock market indices, recent development in stock exchanges, listing of securities: meaning- merits and demerits- listing requirements, procedure,delisting, trading and settlement mechanism. Unfare trade practices; insider trading, buyback of shares.
Government Securities Market, products, participants and fuctions, types of Government securities; treasury bills, government bond, gilt securities. Indian debt market; primary market, money market and its instruments. CCIL; wholesale debt market (WDM) segment of NSE
Meaning, history, types of instruments in derivatives market- forward, future, option, swaps, hedging arbitrage and speculations, Indian derivatives market, trading mechanism in Indian derivatives market, forieng exchange market in India: meaning, currency derivatives, exchange rate as an economic indicator