financial services ppt
UNIT – I: FINANCIAL SERVICES 1. Classification of Financial services : Introduction:- Financial services refers to services provided by the banks and financial institution in a financial system. All types of activities which are financial in nature are regarded as financial services. In a broad sense financial service means mobilization and allocation of savings. Thus, it involves all activities involved in the transformation of savings into investment. Now-a-days some companies issued convertible debentures and convertible preference shares and right shares to raise capital. Even some companies raise finance by obtaining financial services like commercial papers, lease financing, venture capital, merchant banking and mutual funds. Meaning: - T...
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