BMS Notes: Innovative Financial Services

Unit 1 Introduction to Traditional Financial Services
a) Financial Services: Concept, Objectives/Functions, Characteristics,VIEW
Financial Service MarketVIEW
Financial Service Market ConstituentsVIEW
Growth of Financial Services in IndiaVIEW
Problems in Financial Services SectorVIEW
BankingVIEW
Non-Banking CompaniesVIEW
Regulatory FrameworkVIEW
b) Factoring: Introduction, Types of Factoring, Advantages and Disadvantages of FactoringVIEW
Factoring Theoretical Framework, Factoring CostVIEW
Factoring in IndiaVIEW
Factoring v/s ForfaitingVIEW
Working of Forfaiting, Benefits and Drawbacks of Forfaiting, Practical ProblemsVIEW
c) Bill Discounting Introduction, Bill Discounting FrameworkVIEW
Bill Market SchemesVIEW
Factoring V/s Bill Discounting in Receivable ManagementVIEW
Unit 2 Issue Management and Securitization
a) Issue Management IntroductionVIEW
Intermediaries IntroductionVIEW
Merchant Bankers/ Lead ManagersVIEW
UnderwritersVIEW
Bankers to an Issue, Brokers to an IssueVIEW
b) Stock Broking: Introduction, Stock Brokers, SubBrokers, Foreign BrokersVIEW
Trading and Clearing/Self Clearing MembersVIEW
Stock Trading (Cash and Normal)VIEW
Derivative TradingVIEW
c) Securitization: Definition, Securitization v/s Factoring, Features of Securitization, Pass Through CertificatesVIEW
Securitization MechanismVIEW
Special Purpose Vehicle, Securitisable Assets, Benefits of Securitization, New Guidelines on SecuritizationVIEW
Unit 3 Financial Services and its Mechanism
a) Lease and Hire-Purchase:
Leases Meaning, Types of Leases: Finance Lease, Operating LeaseVIEW
Advantages and Disadvantages of LeasingVIEW
Leasing in India, Legal Aspects of LeasingVIEW
Definition of Hire PurchaseVIEW
Hire Purchase and Installment Sale Characteristics, Advantages of Hire Purchase, Problems of Hire PurchaseVIEW
Hire Purchase and LeasingVIEW
b) Housing Finance: Introduction, Housing Finance Industry, Housing Finance Policy Aspect, Sources of FundsVIEW
Market of Housing Finance, Housing Finance in India; Major IssuesVIEW
Housing Finance in India; Growth Factors, Housing Finance Institutions in IndiaVIEW
National Housing Bank (NHB)VIEW
Guidelines for Asset Liability Management System in HFC, Fair Trade Practice Code for HFC’s, Housing Finance AgenciesVIEW
Venture Capital: Introduction, Features of Venture Capital, Types of Venture Capital Financing StagesVIEW
Disinvestment mechanisms, Venture Capital Investment process, Indian ScenarioVIEW
Unit 4 Consumer Finance and Credit Rating
a) Consumer Finance: Introduction, Sources, Types of Products, Case for and against Consumer FinanceVIEW
Consumer Finance Practice in India, Mechanics of Consumer Finance, Terms, PricingVIEW
Marketing and Insurance of Consumer FinanceVIEW
Consumer Credit ScoringVIEW
b) Plastic Money: Growth of Plastic Money Services in IndiaVIEW
Types of Plastic Cards:
Credit card, Debit CardVIEW
Smart cardVIEW
Add-on CardsVIEW
Performance of Credit Cards and Debit CardsVIEW
Benefits of Credit Cards, Dangers of Debit CardsVIEW
Prevention of Frauds and Misuse, Consumer Protection. Indian ScenarioVIEW
Smart Cards: Features, Types, Security Features and Financial ApplicationsVIEW
c) Credit Rating Meaning, Origin, Features, Advantages of Rating, Regulatory Framework,VIEW
Credit Rating Agencies, Credit Rating Process, Credit Rating SymbolsVIEW
Credit Rating Agencies in India, Limitations of RatingVIEW