Management of Financial Services

Paper Code: 
AAF 615
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

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

9.00

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

9.00

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.

9.00

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

9.00

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.

9.00

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: 
2017-2018
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