This book provides perspectives on the latest developments and pertinent issues in the Indian financial sector in current times. The reforms initiated in the nineties in the financial industry have transformed how financial markets and institutions function today. However, specific sectors like banking and markets like the capital market have undergone sea changes. The research contributions in this book focus on the issues about such sectors as banking, NBFCs and the stock market. The opening of financial markets and the emergence of institutional investors have been a significant phenomenon in the Indian context. Against this backdrop of increasing economic integration, the impact of economic liberalisation on the sector's overall development and how global policies and events influence the Indian financial industry are analysed in the book. The emergence of new regulations in the capital markets to instill more discipline and transparency have also changed the way corporates make financing decisions. For example, regulatory authorities continuously review norms pertaining to issues like promoter shareholding owing to risks arising from excessive leverage and the linkages between financial intermediaries. Corporate governance environmental aspects are some essential additions in corporate financing norms in the recent past. The book incorporates a discussion on this, too. Apart from these, the book also has included several aspects of an emerging concept called financial inclusion, its measurement and constraints to achieve the same. Finally, at the backdrop of the disruption created by the COVID-19 pandemic, the impact on the Indian capital market is also discussed. Contributions are based on rigorous empirical research and incorporate the perspectives of renowned academicians in finance and financial economics across the country. Apart from the research community, this book will also be helpful for financial analysts working in the financial sector to have some idea about the current issues, the direction of research on those issues and different perspectives on them.