Financial Services in India & major players

1. By:
VISHNU S

2. Financial services are the economic services provided
by the finance industry, which encompasses a broad range of
businesses that manage money, including credit unions, banks,
credit-card companies, insurance companies, accountancy
companies, consumer-finance companies, stock brokerages,
investment funds and some government-sponsored enterprises.

3. COMPONENTS OF FINANCIAL SERVICE INDUSTRY
Banks
Foreign exchange services
Investment services
Insurance
Other financial services
Financial exports

4. International financial services now cover three
distinct elements of the current account balance of payments of
countries. These
three categories, are as follows;
FINANCIAL SERVICE IN
GLOBAL PERSPECTIVE

5. (1) Income from direct investment, received and paid.
(2) Income from the other (financial) investments
received and paid.
(3) Commissions and/or fees received and paid.

6. Structure of India’s Financial Services Sector
 The major components of India’s financial systems are
banking, insurance, and mutual funds.
 The contribution of the banking and insurance sectors to the
country’s GDP was 6% in 2008, with that contribution growing
at 11.5% per annum in real terms during the 2001-08 period.
 According to the report from National Skill Development
Corporation, India has 79 scheduled commercial banks out of
which 28 are public sector banks, 23 are private banks, 28 are
foreign banks, and 133 regional rural banks.

7.  In addition, there are 1,853 urban cooperative
banks, 4 term lending institutions, 18 state
finance corporation, and 13,014 non-bank
companies.
 A KPMG (2000) report on the Indian banking
sector suggests that the Indian banking
industry could become the world’s fifth largest
banking industry by 2020 and the third largest
by 2025 due to the country’s high GDP growth
rate.

8.  Total scheduled commercial bank assets increased by
25%, while their deposits increased by 23% during the
period 2007-2008.
 Between 2009-2010 and 2012-2013, bank deposits grew
from USD 710 billion to 1.1 trillion; bank credit from
USD 510 to 830 billion; per-capita credit surged from
USD 450 USD to 690, indicating a strong appetite for
bank credit.

9. Importance of the Industry
Important part of the economy of a country.
Plays great role in the growth of industries and commerce of the
country.

10. Influence in economic Performance of INDIA
Investments
Bond Market
A fall in the share market will result in a hike in the sale of government bonds or gold.
Confidence
Share prices are often reflections on what is happening in the economy .

11. Major Players
 Reliance Money
 Kotak Securities
 HDFC Securities
 ICICI Direct

12. SBI Capital Markets Ltd
SBI Capital Markets Ltd. (SBICAP) is India’s largest domestic
Investment Bank, offering the entire gamut of investment banking
and corporate advisory services. These services encompass Project
Advisory and Loan Syndication, Structured Debt Placement, Capital
Markets, Mergers & Acquisitions, Private Equity and Stressed Assets
Resolution.

13. Founded in August 1986, SBICAP is a wholly
owned subsidiary and the Investment
Banking arm of State Bank of India (SBI),
the largest commercial bank in India.

14.  Values
SBICAP, India’s leading investment bank and project advisor, is known for
its astute professionalism and business ethics. We firmly believe that in
our client’s happiness lies our own.
 Mission
To provide credible, professional and customer-focused world-class
investment banking services.
 Vision
To be the best India based Investment Bank.

15. Headquartered in Mumbai, SBICAP has offices in all
the major business hubs in India and has five
subsidiaries –
 SBICAP Securities Ltd.
 SBICAP Trustee Co. Ltd.
 SBICAP (UK) Ltd.
 SBICAP (Singapore) Ltd.
 SBICAP Ventures Ltd.

16. Company history and milestones
 Founded in August 1986
 In January 1997 the Asian development bank acquired a 13.84% equity
stake in SBICAPS.
 In September 2006 SBI Caps announced that it had set up $100 million
venture fund in partnership with the venture capital division of SBI
Holdings of Japan

17.  In July 2009 SBICAPS was asked by civil aviation minister Praful Patel to
prepare a road map to bring the carrier back into profitability.
 In February 2012 SBSCAP and other bank lenders were insisting that
commissions paid to promoters be reversed before they would consider
providing further funding to the still-troubled airline.

18. Economic growth of the country
 India’s GDP, according to the CSO, is expected to improve
moderately to 4.7% in FY 2014 against 4.5% growth in the
previous year.
 The Indian economy is now on the threshold of a major
transformation, with expectations of policy initiatives by the
newly elected Central Government. The economy is on the road
to smart recovery due to positive business sentiments, improved
consumer confidence and more controlled inflation.

19.  The sectors which were significantly impacted by the crisis
and slowdown in the economy are now showing definite signs
of improvement.
 The challenge for maintaining disinflationary momentum over
the medium term, however, remains on the horizon. A
moderate recovery is likely to be seen in FY 2015 when real
GDP may grow by 5.3%-5.5%.

20. CORPORATE SOCIAL RESPONSIBILITY (CSR)
 Businesses derive their primary benefits from operating in
society and no business can function without caring for societal
and community development.
 SBICAPs have always recognized this fact and established a
tradition of giving back to society. Since its inception, SBICAPs
has been involved with several initiatives, actively pursuing and
endorsing community improvement efforts in varying
capacities, across India.
 CSR policy in place and it is our endeavour to help reach out to
various support groups that might require our time, finances or
mobilisation and strength.

22. Varsha Purandre
Chairwomen of
sbi securities

23. Smt. Varsha Purandare assumed charge
as managing director & chief executive
Officer of SBI Securities from 9th
November 2015. Prior to this purandare
was
The Deputy Managing Director and
Chief Credit officer of the State Bank
of India. She had 33 years of
experience in the banking sector.

24. V.G. KANNAN
Managing Director o
SBI Securities

25. Shri V.G Kannan is the Managing
Director and GE OF SBI. He
joined SBI In the year 1978 and
since then he has held various
assignments spanning credits,
Forex,And investments and Retail
Banking. He had also worked in
Hong Kong as Chief Manager in
money and Treasury Desk.

26. Shri. Ashwani Batia
Non-Executive Director o
SBI Securities

27. Shri. Ashwani Batia has completed her B.sc in
Mathematics/Physics and MBA from Jaipur
and the President and Chief Coordinating
Officer of SBI Capital Market.
She was been with SBI for the past 30 years.

28. Shri. Sarbeshwar Lenka
Whole Time Director and
Chief Financial Officer of
SBI Securities

29. Shri Sarbeshwar Lenka joined State Bank of India as probationary
officer in December 1983. Experience in Industrial Banking and
Treasury operation spanning
Over 15 years in Branches and in SBI Forex treasury at Kolkata
and Mumbai

30. Shri. Kishore M Chinai.
Head (Equities) in Institutional Banking
SBI securities

31. Shri. Kishore M Chinai, He brings to table a rich
experience of over 20 years in the institutional
Segment across various reputed organisations such as
Kolkata securities. He successfully set up two independent
Institutional broking franchises in India. His knowledge to
the Indian market and strong client relationship helps
execute AMSECS strategy of building a top-tier India
equities platform.