This book attempts to examine all the major aspects of financial services in India. Providing a broad view of the Indian financial system, it discusses at length the basic features of financial institutions, financial markets and financial instruments. It also deals with mutual funds, venture capital, leasing, credit rating, underwriting, SEBI, NSE, BSE, OTC and depository system. The latest trends in financial services such as factoring, insurance, credit cards, housing finance, hire purchase and e-commerce have been elaborated as well. The book is useful for the students, faculty members, finance executives and stock brokers.