The economic development depends upon a multiplicity of factors. Amongst these varied factors, the rate of capital formation is one of the most important determinants of the rate of growth of an economy. It is one of the key inputs of development.
The economic development of a country depends Inter alia, on its financial structure. In the long-run, the larger the proportion of the financial assets to real assets, the greater is the scope for economic growth. Investment is a precondition of economic growth. To sustain growth, continued investment in the growth process is necessary. Since finance is an important input in the growth process, it plays a crucial role in the economy. A more efficient composition of real wealth is obtained by the promotion of financial assets which provide incentives to savers to hold a larger part of their wealth in the financial form. An increasing rate of savings correlates with the increase in the proportion of savings held in the form of financial assets − relative to tangible assets.
In recent year’s globalization, deregulation and emerging markets have dramatically changed the way banks and financial institutions respond to evolving market dynamics. Increasing global competition has also pushed banks to continuously search for new sources of competitive advantage. Therefore today’s organizations have multiple offices across multiple locations worldwide with thousands of Employees and millions of Assets to track.
Over the years, the increasing need to enhance income, improve market share, improve quality of service, adopt technology, refocus on the customer relationship and reduce cost of operation and improve profits has forced banks and other financial institution to rethink and adopt varying business strategies and models.
Key elements of strategies adopted by financial institution in India include improved management, adopt new skills, building a strong presence in India and abroad, customer focused production innovation, financial resilience and a strong operating environment, strong prudential and supervisory norms are requiring banks in India to conform to higher standards. Three key buzzwords are the current focus of the industry today.
Contents :
Module-1 The Nature and Role of Financial System
1. Introduction
2. The Structure of the Financial System
3. Functions of the Financial Sector
4. Financial Systems and Economic Development
5. The Indian Financial System
6. Financial Sector Reforms
7. The Reserve Bank of India
8. Monetary Policy of the Reserve Bank of India
Module-2 Banking Institutions
9. Commercial Banks
10. Functions of Commercial Banks
11. Liabilities of Banks
12. Credit Management
13. Banking Innovations
14. Non-Performing Assets
15. Securitisation
16. Cooperative Banks
Module-3 Non-Bank Financial Intermediaries and Statutory Financial Organisations
17. Small Savings and Provident Funds
18. Life Insurance
19. General Insurance Corporation
20. The Insurance Regulatory and Development Authority (IRDA)
21. Non-Banking Finance Companies
22. Lease Finance & Hire-Purchase Finance
23. Housing Finance
24. Merchant Banks
25. Venture Capital Funds
26. Forfeiting
27. Factoring
28. Credit Rating
29. Depository and Custodial Services
Module-4 Investment and Brokerage Intermediaries
30. The Brokerage Business
31. Stock Exchange Transactions
33. Mutual Funds
34. Money Market Mutual Funds
Module-5 Markets
35. The Stock Market in India
36. OTC Markets
37. New New Issues Market
38. Call Money Market
39. Government Securities Market
40. Markets for Futures
41. Financial Derivatives
42. Foreign Exchange Market
43. Securities and Exchange Board of India
