1. Introduction
2. Financial Inclusion
3. Measuring Financial Inclusion: A Survey
4. Financial Inclusion: Measurement and Comparative Analysis of Countries from Europe and Asia
5. Financial Liberalization, Development and the Economy
6. Financial Constraints and Export Participation: A Case Study of Indian Textile Industry
7. Global Monetary Policies and Implications for Financial Flows to India and Other Emerging Markets
8. Financial Liberalization and Convergence of Financial Development Among BRICS Economies
9. Financial Intermediation: Banks and NBFCs
10. Sectoral Growth and Sectoral Credit: Panel Evidence from Indian States
11. Are SHG Loans Demand Constrained in Backward Areas?
12. The Effect of Changes in the Policy Rates on Borrowing and Lending of Banks in IndiaShadow Banking and Non-banking Financial Companies in India: An Overview
13. Issues in Corporate Finance
14. The Impact of the Largest Shareholder on Dividend Payout Policy: Evidence from Indian Business Groups
15. Regime Switching Dynamic Currency Exposure of Indian Stock Market
16. Measuring the Relationship Among Corporate Environmental Expenditure, Performance and Disclosure
17. Assessing the Impact of COVID-19 on Interactions Among Stock, Gold and Oil Prices in India

This book provides perspectives on the latest developments and pertinent issues in the Indian financial sector in current times. The reforms initiated in the nineties in the financial sector have transformed the way financial markets and institutions function today. However, certain sectors like banking, and markets like the capital market have undergone sea changes. The research contributions in this book focus on the issues pertaining to such sectors like banking, NBFCs and the stock market.
The opening up of financial markets and emergence of institutional investors have been a significant phenomenon in the Indian context. At this backdrop of increasing financial integration, the impact of financial liberalisation on the overall development of the sector, and how the global policies and events influence the Indian financial sector, are analysed in the book. The emergence of new regulations in the capital markets to instill more discipline and transparency, have also changed the way corporates take financing decisions. For example, regulatory authorities are continuously reviewing norms pertaining to issues like promoters’ shareholding owing to risks arising from excessive leverage and the linkages between financial intermediaries. Corporate governance, environmental aspects are some important additions in corporate financing norms in the recent past. The book incorporates a discussion on this, too. Apart from these, the book also has incorporated several aspects on an emerging concept called financial inclusion, its measurement and constraints to achieve the same. And finally, at the backdrop of the disruption created by the COVID-19 pandemic, the impact on the Indian capital market is also discussed.
Contributions are based on rigorous empirical research and incorporate the perspectives of renowned academicians in the field of finance and financial economics across the country. Apart from the research community, this book will also be helpful for financial analysts working in the financial sector to have some idea about the current issues, the direction of research on those issues and different perspectives on them. ---provided by publisher