The financial service sector has been increasingly influenced in recent times by financial innovations in terms of products and instruments, adoption of modern technologies and emerging dynamics in the present liberalisation era. Accordingly, many financial services are introduced to cater to the varied risk-return requirements of both corporates and individual investors. In the aftermath of this changing financial scenario, students of Commerce and Management are badly in need of a suitable textbook covering all these aspects.
Many universities have restructured their Commerce curriculum incorporating therein many new subjects. In this context, the Telangana, Osmania and other neighbouring universities have rightly introduced "FINANCIAL SERVICES" as one of the subjects in the thrust area for their Commerce stream. Realising the imperative need to bring out a suitable book on 'FINANCIAL SERVICES', tailored to meet the specific requirements of these universities, a modest attempt has been made to present this edition in the hands of the academic community. The present book gives a fairly complete idea about the financial services in all their major aspects. The speciality of this volume is that all matters are presented in a lucid manner and in simple language, notwithstanding the technical nature of the subject.
1. Financial Services
2. Merchant Banking
3. Venture Capital
4. Hire Purchase
6. Discounting, Factoring and Forfaiting