New Edition. Reflecting current laws while retaining the original structure, this comprehensive text includes the revised chapter on 'Leasing and the book offers an in-depth overview of financial markets, institutions, and services, covering conventional and contemporary developments, financial innovations, and current trends. Supported by cases, illustrations, and graded pedagogy such as MCQs and discussion questions, it ensures conceptual clarity and practical understanding. Primarily designed for management and commerce students, it is equally valuable for professionals. Instructor's resources and learning materials are available.