The book is about the oraganisation, operation and growth of tge ""Indian Financial System"" The main objective of this book is to provide an insight into the financial systems and its unique role in the Indian Economy. This book covers the syllabus of B.B.M., B.B.A., M.B.A., and other management courses of various universities and institutions. It is useful for students and teachers of management and institutions. It is useful for students and teacher of management, finance, commerece and professional institutions like the ICAI and IIB. This book is divided into twenty one chapters, Each chapters begins with 'Chapter' in a capsule form. Each chapter ends with self-examination questions to enable students to test their understanding of the topics. The book is designed to serve both as a text as well as one for refernce. The reader will find lucidity in expression and comprehensive in its contents.