Financial Services and Product

Paper Code: 
EMF 523
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

To acquaint students with the process of managing the Financial Services.

12.00
Unit I: 

Financial Services- Introduction, Scope, Causes of financial Innovation, new financial services, Innovative financial Instruments, challenges in the financial service sector.

12.00
Unit II: 

Leasing- Definition, Types, legal aspects, Advantages & Disadvantages, Problems faced by lease Industry in India.
Hire Purchase- Meaning, Legal position and banks credit for Hire Purchase.
 

12.00
Unit III: 

Mutual Funds- Meaning, Types, importance, General Guide lines.
Merchant Banks- origin, Services, Progress & Problems.
 

12.00
Unit IV: 

Factoring  - Meaning, Functions, Types, Factoring in India.
Securitisation of Debt- Meaning, Structure, Benefits, Securitisation vs. Factoring, Securitisation in India and Reasons for its unpopularity in India.
 

12.00
Unit V: 

Venture capital- Meaning, Features & Methods.
Credit cards- meaning, Types, Parties, Procedure & Facilities, Benefits & Demerits.
 

 

* A minimum of one case study will be discussed per unit of the syllabi.

References: 
  1. Bhalla V.K.-“Financial Markets &Services” Anmol Publications, Delhi
  2. Srivastava R.M.-“Management of Indian Financial Institutions”Himalaya Publication, New Delhi
  3. Jain, Khanna, Tiwari, “ Banking and Public Finance” V.K India Enterprises, New Delhi.
  4. Natarajan S, Parameshwaran R, “ Indian Banking” S.Chand & Company LTD, New Delhi
  5. Khan M.Y. - “Indian Financial System” Vikas Publishing house, New Delhi
  6. Sinha, S.L.N., “Development Banking in India”, (Madras: Institute of Financial Management and Research, 1976).
  7. Khan and Jain, “Financial Services,” 2nd ed. Tata McGraw Hill, 2004.
  8. P.N. Varshney, Banking law and Practice, Sultan chand and Sons, Delhi
  9. B.S. Khubehandani, Practice and Law of Banking, MacMillian India Limited