Management of Financial Services

Paper Code: 
AAF615
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

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

9.00
Unit I: 
Financial Services

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

9.00
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.

9.00
Unit III: 
Mutual Funds

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

9.00
Unit IV: 
Factoring

Meaning, Functions, Types, Factoring in India.
Securitisaton of Debt- Meaning, Structure, Benefits, Securitisation vs. Factoring, Securitisation in India and Reasons for its unpopularity in India.

9.00
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: 
2019-2020
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