This book on Indian financial system gives a comprehensive account of the main strands in the development of the industrial financing system in India on the basis of information from widely/scattered original sources. — against the background of the planned growth of industry till the late eighties and the deregulated economic policy particularly after 1991. The new edition, like the earlier editions, focuses on presenting to the readers the emerging organizational/structural/institutional and regulatory/policy developments in the financial sector in India. The contents of all the chapters reflect all the major developments since the publication of the earlier edition until end-march 2017. Meant for teachers, students of finance, management and commerce , this book would also be useful to the financial and investment managers of corporates and financial institutions and the stock exchange community.