Macmillian’s Central Banking by Indian Institute of Banking & Finance (IIBF) – 1st Edition 2023.

Macmillian’s Central Banking by Indian Institute of Banking & Finance (IIBF) – 1st Edition 2023.

Description :

The book on “Central Banking” walks the readers through the evolution of Central Banks, the underlying rationale and their functions. Important functions of Central Banks include Banker to the Government, Banker’s bank, issuance of notes, maintaining internal and external value of the currency etc. Central Banks have now adopted financial stability as an additional objective of policy. The book follows a modular approach as under: Module A: Rationale and Functions of Central Bank Module B: Central Banking in India Module C: Monetary and Credit Policies Module D: Management of Foreign Exchange Reserves and Constituents of Indian Financial Market Module E: Regulation, Supervision and Financial Stability Module F: Non-Banking Financial Companies and Primary Dealers.

About the Author :

Established in 1928 as a Company under Section 25 of the Indian Companies Act, 1913, Indian Institute of Banking & Finance (IIBF), formerly known as The Indian Institute of Bankers (IIB), is a professional body of Banks, Financial Institutions, and their Employees in India. With a total membership of over 9 lakhs, IIBF is the largest institution of its kind in the world and is working with a Mission “to develop professionally qualified and competent bankers and finance professionals primarily through a process of education, training, examination, consultancy / counselling and continuing professional development programs.” During its 93 years of service, IIBF has emerged as a premier institute in banking and finance education for those employed as well as seeking employment in the sector, aiming for professional excellence. Since inception, the Institute has educated numerous members and awarded several banking and finance qualifications, viz., JAIIB CAIIB, Diploma and Certificates covering diverse and contemporary subjects in the banking & finance domains, which have helped the banking & finance professionals to sustain their professionalism through continuing professional development programs.

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