management financial services finance subbmission

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