Management of Financial Services

Paper Code: 
FSG 216
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

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

8.00
Unit I: 
Financial Services

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

8.00
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.

8.00
Unit III: 
Mutual Funds

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

8.00
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.

8.00
Unit V: 
Venture Capital

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

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

References: 

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: