Finance

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CHAPTER NO. | TOPIC | PAGE NO. | CHAPTER 1 | INTRODUCTION | 2 | CHAPTER 2 | STRUCTURE OF FINANCIAL SYSTEM | 5 | CHAPTER 3 | BANKS | 10 | CHAPTER 4 | INSURANCE | 14 | CHAPTER 5 | OTHER FINANCIAL SERVICES | 17 | CHAPTER 6 | STOCK MARKETS | 18 | CHAPTER 7 | MUTUAL FUNDS | 22 | CHAPTER 8 | DEBT MARKET | 24 | CHAPTER 9 | INNOVATIVE FINANCIAL INSTRUMENTS | 26 | CHAPTER 10 | FUNDAMENTAL OF FINANCIAL SERVICE | 30 | CHAPTER 11 | FINANCIAL SERVICE THEORIES | 31 | CHAPTER 12 | CAUSES OF FINANCIAL INNOVATIONS | 32 | CHAPTER 13 | EMERGING FUNCTIONS IN MARKETING OF FINANCIAL SERVICE | 34 | CHAPTER 14 | PORTFOLIO MANAGEMENT | 36 | CHAPTER 15 | CONCLUSION | 38 | CHAPTER 16 | BIBLIOGRAPHY | 39 | INDEX 1. INTRODUCTION…show more content…
Sectors such as banking, asset management and brokerage have been liberalised to allow private sector involvement, which has contributed to the development and modernisation of the financial services sector. This is particularly evident in the non-banking financial services sector, such as equities, derivatives and commodities brokerage, residential mortgage and insurance services, where new products and expanding delivery channels have helped these sectors achieve high growth rates SOME OF THE SIGNIFICANT FACTORS ARE AS FOLLOWS: 1. Excessive controls in the form of regulations of interest rates, money rates. 2. Too many controls over the prices of securities under the erstwhile controller of capital issues 3. Non-availability of financial instruments on a large scale as well as on different varieties. 4. Absence of independent credit rating and credit research agencies. 5. Strict regulation of the foreign exchange market with too many restrictions on foreign investment in Indian companies. 6. Lack of information about international developments in the financial sector. 2. STRUCTURE OF FINANCIAL SYSTEM The financial system implies a set of complex and closely connected institutions, agents, practices and markets. The following is a typical structure of financial system in any economy.

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