The Indian Financial System, Macro & Policy is a structured track of 13 lessons that build a complete, interview-ready understanding of the topic. Work through them in order, then use the quiz and flashcards in each lesson to revise.
What this course covers
- India's Financial Regulators and What Each One Actually Governs - Who regulates what across banking, markets, insurance and pensions.
- Monetary Policy: The Committee, the Policy Rate, Liquidity & Transmission - How policy is set, and how a rate change transmits to lending and deposits.
- Fiscal Policy & Reading the Union Budget Like an Analyst - The Budget lines an analyst reads first: deficit, borrowing, capital spending and tax.
- Government Borrowing, Deficits & the Crowding-Out Question - How the borrowing programme affects yields, and whether crowding out is real.
- Inflation: Consumer Prices, Wholesale Prices & the Inflation Target - How inflation is measured in India and what the central bank's mandate actually is.
- Growth, Output & the Macro Indicators That Move Markets - The Indian data calendar and what each release tells markets.
- The External Sector: Current Account, Reserves & the Rupee - The current account, foreign exchange reserves, and the trade-offs behind the rupee.
- Capital Flows: Foreign Direct and Portfolio Investment in India - What drives foreign money into India and out again, and the market impact.
- India's Key Financial Players by Sector: The Complete Map - Who is who across banking, lending, asset management, insurance and fintech.
- Insurance & Pensions in India: The Basics You Will Be Asked - Life and general insurance and the pension system, with the metrics that matter.
- Taxation Essentials: Capital Gains, Corporate Tax & Indirect Tax - Only the tax content finance interviews test, with current rates dated.
- Sustainability Reporting, Green Finance & the Investor Lens - Sustainability disclosure in India, green bonds, and how investors use the data.
- Case Study: Turning a Macro View Into a Stock or Credit Call - Converting a macro thesis into a defensible company-level recommendation.