Banking allied services discussed briefly

1. Banking allied services
Presented by HYNDAVI &
GANGADHAR REDDY

2. TYPES OF BANKING SERVICES
• Personal banking services
• Corporate banking services
• Business banking services
• SME banking services
• Mutual fund service
• Other services

3. PERSONAL BANKING SERVICES
Forex services
The banks and other institutions facilitate the buying
and selling of foreign currencies
Demat services
Demat refers to dematerialized account.
Demat account allows you to buy , sell and transfer
securities without endless paperwork and delays.

4. Cards
All the major banks offer and debit cards which
enables us to cash cash free shopping, recharges,
payments of bill, donations etc.
Insurance services
All the major banks offers insurance services in the
field of life insurance, general insurance motor
insurance etc..

5. •Gold banking:
Gold deposit scheme (GDS) is in the nature of a
deposit in gold.
Customer can deposit there idle gold under GDS
which will provide them safety , interest earnings , tax
benefits etc..

6. CORPORATE BANKING SERVICES
Project Finance:-
• It is a method of financing very large capital intensive projects, with long gestation
period, where the lenders rely on the assets created for the project as security and
cash flow generated by the project as source of funds for repaying their dues.
Merchant Banking:-
• Commercial loans
• Loans from Export Credit Agencies
• Financing of Imports

7. BUSINESS BANKING SERVICES
• Cash management
• Trade services
• Transaction banking
• Investment banking
• Custodial services
• Online Services

8. Cash Management Services:-
• Cash Management is a marketing term for certain services offered primarily to larger
business customers.
Trade Services:-
• Customers can effect remittances as well as get their applications for issuance
of Letters of Credit and Bank Guarantees processed online.
Investment Banking:-
• The bank acts as an agent collects money from subscribers (both equity & debt) &
remit the same to companies , gives strategic ideas to business firms while
merger…
Custodial Services:-
• The Banks has set up the Custody Services group offering quality and reliable
services to the clients and has in place a customized Information system , high
storage vaults and premises for processing / safekeeping securities

9. Online Services:-
• e-Transfer
• Tie – Up With all major shopping sites
• Train or Air Ticket Booking reservation facility
• Recharge prepaid mobile conveniently

10. SME BANKING SERVICES
• The Banks finances for Small Business activities with relatively lower investment and
with no special skills on the part of the entrepreneurs.
SMERA RATING
• conducted by SME Rating Agency of India Limited
• SMERA Rating is an independent, third-party, comprehensive assessmentof the overall
condition of the SME

11. MUTUAL FUND SERVICE
Mutual Funds:-
• A mutual fund is a professionally managed type of collective investment scheme that
pools money from many investors and invests it in stocks, bonds, short-term money
market instruments, and/or other securities.
• The Mutual fund have a fund manager that trades the pooled money on
a regular basis.
• As early 2008 the world wide value of all mutual funds are more than $26 Million.

12. OTHER SERVICES
• Locker facility
• Demand drafts
• e-Tax
• e-Freight
• Public provident fund
• Centralized pension processing
• Travelers cheques
• Money transfer
• RTGS / NEFT