Introduction to financial services: Meaning, features, classification, scope, fund based activities, non fund based activities, modern activities. New financial products and services, innovative financial instruments, present scenario and challenges facing in the financial service sector.
Merchant Banking : Role of Merchant Banker –Services, qualities of Merchant Bankers in India –Scope of Merchant Bankers in India, Progress of Merchant banking in India.
Hire purchase and leasing: Meaning, Features. Legal positions – hirepurchase and leasing origin and development – banks and hire purchase business- types of leasing, advantages and disadvantages, treatment of lease, structure of leasing industry.
Factoring and forfaiting: meaning, functions, types of factoring, benefits, factoring in India, international factoring. forfaiting meaning, features, factoring Vs forfaiting, pricing of factoring services, forfaiting in India.
Securitisation of debt and derivatives: Meaning, securitization Vs factoring, structures, securitisable assets, benefits of securitization, new guidelines of securitization, future prospects.
Derivatives: meaning, kinds of financial derivatives, recent development of derivatives in India.