Financial Markets, Institutions & Services by Dr. Vinod Kumar, Manmeet Kaur, and Atul Gupta is a comprehensive textbook designed to provide students with a foundational understanding of the Indian financial system. The book systematically covers various aspects of financial markets, including money and capital markets, debt markets, and the roles of regulatory bodies like SEBI. A significant portion is dedicated to banking, exploring commercial banking, development financial institutions, NBFCs, and contemporary issues such as digital banking, NPAs, and financial inclusion. It also delves into the insurance sector, discussing both life and non-life insurance, the concept of risk, and the operational aspects of insurance companies, including the growing trend of bancassurance. Furthermore, the book familiarizes readers with important fee and fund-based financial services like mutual funds, merchant banking, leasing, venture capital, credit rating, and portfolio management. The content is presented in a simple and systematic manner, incorporating real-life illustrations, case studies, figures, and tables to enhance understanding and bridge the gap between theoretical concepts and practical applications within the Indian financial landscape. It aims to equip students with up-to-date knowledge of policy changes and regulatory updates from RBI, IRDA, and SEBI