ISBN 9788170944225,Financial Services: Emerging Trends in New Millenium

Financial Services: Emerging Trends in New Millenium


Seethapathi K


Vision Books



Vision Books

Publication Year 2005

ISBN 9788170944225

ISBN-10 8170944228


Number of Pages 296 Pages
Language (English)


Globally, financial services have always been on the forefront of change, be it innovation in products, mergers and acquisitions, or technology. India's case is no exception to this rule. The country's financial sector reforms have energized the entire gamut of financial services in the Indian market even as globalization and internet technologies are redefining the rules of the game. Based on a careful consolidation of authoritative and thought-provoking papers written by an array of experts, this book offers finance and business professionals the "big picture" of where financial services are headed in the new millennium. Highlights Big Ticket Leasing: What it takes and how it can be popularized. Venture Capital Funding: Paradigm shift brought about by equity and angel funds; Key issues impacting growth. Non-Banking Financial Companies (NBFCS): Contemporary status of Indian NBFCS, their failure and strengths. Securitization: The evolution of securitization. Basic concepts of asset-backed securitization, special purpose vehicles, oil monetization and the importance of credit rating. Housing Finance: Latest developments and incentives. Credit Card Industry: Challenges and opportunities. The Liberalization of Insurance: The pros and cons of insurance liberalization? Threats faced by domestic insurance companies; Perception of foreign insurance companies. Major Global Financial Centers: Metamorphic changes wrought by new technology in Shanghai, London, Frankfurt, Chicago, New York, Hong Kong and Tokyo. Cutting-Edge Trends in the Internet Era: The growing use of internet and e-commerce in financial services, including marketing and distribution; Trends and innovations that are extending the frontiers of financial services