Financial Services

Paper Code: 
CBFS 202
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, features, Scope, Causes of financial Innovation, new financial services, , challenges in the financial service sector. Overview of Venture Capital, Factoring and Forfeiting, Leasing , Hire Purchase .

12.00
Unit II: 
Investment banking

Meaning , scope ,Organisation structure of investment banks , Major Functions of investment bankers. Foreign Exchange services:
Credit cards- meaning, Types, Parties, Procedure, Benefits & Demerits of credit cards

12.00
Unit III: 
Mutual Fund Services and Securitization of Debt

Mutual Fund Services:- Meaning and features, benefits .Fund unit v/s share, types of Mutual fund and significances of Mutual
Securitization of Debt- Meaning, Structure, Benefits, Securitization vs. Factoring,

12.00
Unit IV: 
Merchant Banking and Issue Management

Merchant Banking: concept, Merchant banks vs Commercial banks, Scope of merchant banks, Services of Merchant bank in India.

Issue Management- Activities and Procedure. Pre Issue and post Issue obligations and other requirements

12.00
Unit V: 
Stock Broking and Credit rating

Stock Broking Services, Custodians Services and depository System- meaning and features, benefits, dematerialization.
Credit Rating - meaning, Benefits function and rating methodology, overview of credit rating agencies.

Essential Readings: 

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

Academic Year: