Emerging Issues and Challenges of Finance in 21st Century

"In the 20th century finance was considered as a part of economics but today the entire scope of finance is changed and given much more importance. In the 21st century finance is not merely concerned with procurement and utilization of funds but beyond that. The banks have gone with process of dis-intermediation i.e. a greater share of financial intermediation is now taking place through tradable securities. MNCs can raise finance from international capital market easily to finance merger and acquisitions. Finance and financial planning both are very important for the economic development of any country. Today there are various avenues such as pension funds, mutual funds, SIPs and ETFs available where we can park our funds. The dealings in derivatives are also there in the stock markets such as currency futures, call option and put option are available in the stock market. These financial products allow investors to carry out deals in futures. The book contains eighteen chapters on issues like FDI and its impact on Indian economy, Micro Finance Institutions in India, Green Banking, CSR, Mutual Funds in India, Analyses of Financial Soundness of Banks, Determinants of Capital Structure decisions, Acceptance of Income Tax E- Filing, Effect of Frauds on the Working of Banks, Trends and Growth of E-Tailings, Road Traffic Management, Women Entrepreneurship and Role of Non-Farm Sector in Rural Development of India. The book will be helpful to the management graduates, academicians and also to the students aspiring to make accounting, banking and finance as a career.