To acquaint students with the process of managing the Financial Services.
Introduction, Scope, Causes of financial Innovation, new financial services, Innovative financial Instruments, challenges in the financial service sector.
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.
Mutual Funds- Meaning, Types, importance, General Guide lines.
Merchant Banks- origin, Services, Progress & Problems.
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.
Venture capital- Meaning, Features & Methods.
Credit cards- meaning, Types, Parties, Procedure & Facilities, Benefits & Demerits.
• 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