Asset Reconstruction Company India Limited is a financial institution, which was established under Reserve Bank of India (RBI) under Section 3 of the ....
CCIL was established in April, 2001 as a Joint Stock Company with share capital contribution by major banks and financial institutions. CCIL is a plat....
NSDL is the first Depository in India, which was established under Depositories Act in the year 1996. The purpose of setting up of NSDL is to remove t....
During early 90’s, there were vulnerable scams in the Indian stock market. The controlling system was emerged to control the stock market scams.....
Financial Engineering is the life blood of any financial ability. “Financial engineering is the design, the development and the implemen-tation of i....
Factoring is a fund based financial service. It is defined as a relationship between the banker (factor) and a business concern (the supplier), sellin....
Venture capital is a method of financing high risk projects promoted by entrepreneurs. The purpose of financing is to execute the ideas of entrepreneu....
Credit rating means giving an expert opinion by a rating agency on debt instruments. The agency evaluates the repaying capacity of the issuer of such ....
‘A mutual fund means pooling the investments of a number ofinvestors by way of investment in units of equal size’. They are financialintermediarie....
The term ‘Merchant banker’ was used in relation to a wealthy merchant, who developed the banking side of one’s business, in England. In India, m....
A Lease is a contract between owner of the asset and beneficiary. Owner of the asset is called lessor and the beneficiary is called lessee. The lessee....
Financial services cover a wide range of activities. They can be broadly categorized into two parts, namely: 1. Traditional activities 2. Modern act....
A number of factors affecting the access to financial services have been identified. ....
The major components in the financial system are: a) Financial instruments b) Market players c) Specialized Institutions d) Regulatory bodies....
Nature and Characteristics of Financial Services Service provider and user (individual or firm) are involved in the process of financial services. ....
Conservatism to Dynamism Emergence of Primary Equity Market Concept of Credit Rating Process of Globalization Process of liberalization....
Financial services sector is blooming in India and it has passed through various phases as mentioned below: i. Initial phase (1960-80) – Merchant B....
The financial services industry can be traditionally classified into two categories: 1. Capital market intermediaries, consisting of term lending ins....