View
25
Download
1
Category
Preview:
Citation preview
Management financial services
BY- RISHAV CHANDELMBA 2ND YEARBADDI UNIVERSITY
Financial services
Financial services may be define as services offered by financial and banking institutions like loan, insurances etc.
Financial services are concerned with the design and delivery of financial instrument and advisory services to individual and businesses and area of banking and related instrument.
Features of financial services
Financial services are intangible Customer oriented Perishable in nature and can not be stored Dyanmic in nature’ They aid in distribution of risk They are proactive in nature and help to visualize the expectation of
the market
Types of financial services
Capital market services
Money market services
Retail service
Whole sale service
Importance of financial services
Promoting investment
Promoting saving
Minimizing the risk
Maximizing the return
Economic growth
Economic development
Cont…
Benefits to govt.
Expands activities of financial institution
Capital market
Promotion of domestic and forign trade
Balance regional development
Financial services
Factoring. Leasing. Forfaiting. Hire Purchase Finance. Credit card. Merchant Banking. Book Building. Asset Liability Management. Housing Finance. Portfolio Finance. Underwriting. Credit Rating. Interest & Credit Swap. Mutual Fund.
Types of financial services
Banking
Insurance
Stock market
Treasury or debt instrument
Wealth management
Mutual fund
Recommended