Merchant Banking and Financial Services, III Semester (MBA), UNIT-1
Brief Classification of Financial Services Industry
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The financial services industry can be traditionally classified into two categories: 1. Capital market intermediaries, consisting of term lending institutions and investing institutions providing long-term funds. 2. Money market intermediaries, including commercial banks, co-operative banks and other agencies, which supply funds for short-term requirements.
Therefore, the term financial services include
all kinds of organizations, which act as intermediary and facilitate financial
transactions of both individuals and corporate customers.
The entities that provide these services are
classified into the following categories:
Ø Non-Banking Finance companies
(NBFCS)
Ø Commercial banks and
Ø Investment bank
Tags : Merchant Banking and Financial Services, III Semester (MBA), UNIT-1
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