FINANCIAL SERVICES
Finance is undoubtedly the life blood and the controlling nerve centre of business . The requirement of individual sector is so huge that it cannot be met by a single individual or a group of individuals also . channelizing the surplus resources with each individual into a productive channel is a big challenge indeed . this is where the financial products and services come into picture . Financial services refers to the products as services offered by the finance industry . the financial industry encompasses a broad range of organisations that deals with the management of money .
Financial services not only help in raising the required funds but also ensures their effective distribution . Financial services are regulated by the SEBI , RBI , and the Dept Of Banking & Insurance , GUI , through a plethora of legislation
Eg : Leasing , venture capital , & factoring , credit cards , portfolio management , deposit insurance , depository , brokerage , stock holding , book building etc
Financial services not only help in raising the required funds but also ensures their effective distribution . Financial services are regulated by the SEBI , RBI , and the Dept Of Banking & Insurance , GUI , through a plethora of legislation
Eg : Leasing , venture capital , & factoring , credit cards , portfolio management , deposit insurance , depository , brokerage , stock holding , book building etc