BY- RISHAV CHANDEL
MBA 2ND YEAR
Financial services may be define as services offered by financial and banking
institutions like loan, insurances etc.
Financial services are concerned with the design and delivery of financial
instrument and advisory services to individual and businesses and area of banking
and related instrument.
Features of financial services
Financial services are intangible
Perishable in nature and can not be stored
Dyanmic in nature’
They aid in distribution of risk
They are proactive in nature and help to visualize the expectation of the
Types of financial services
Capital market services
Money market services
Whole sale service
Importance of financial services
Minimizing the risk
Maximizing the return
Benefits to govt.
Expands activities of financial institution
Promotion of domestic and forign trade
Balance regional development