Financial Services

This course is related to Financial Services and it includes following contents : Financial Services: Meaning, Nature and Types Leasing: concept, Classification, Accounting Legal and Tax Aspects of leasing; Financial Evolution of Leasing Factoring:Meaning, Characteristics, and type of Factoring arrangement, Factoring in India, Factoring vs. Forfeiting. Hire Purchase Finance and customer credit: Conceptual Frame Work; Legal Aspects; Taxation; Accounting and Reporting; Financial Evoluation of hire purchase Finance, Features of Consumer Credit. Housing Finance: Introduction. NHB’s Housing finance Companies Directions. Prudential Norms, Housing finance scheme.Credit Rating: Meaning and type; Benefit of credit rating to investor and companies. Credit Rating Agencies; objectives and functions. Credit Card: Concept and significance; types of credit Card business in India. Book Building: Concept and mechanism of book building; significance and benefits of Book Building. Bought out Deals: Meaning and Nature; Mechanisms of Bought out Deals; Advantage; The Present Scenario. Securitization: Concept, Mode, Mechanism and Beneficiaries of Securitization; Securitization in India. Depository: Concept, Depository participants; Functions of depository system; Benefits of depository; Depositary system in India. Venture Capital: Meaning Modes of Financing. Role and Functions of Merchant Bankers.