Financial Services

The financial services sector is vital for economic growth, investment opportunities, and stability. This textbook, Financial Services, provides a concise overview of the Indian financial system, including its features, markets, institutions, instruments, and trends in savings and investment. It explores merchant banking and venture capital financing, lease financing and securitisation, mutual funds and credit rating, as well as factoring and forfaiting. Designed for students and professionals, the book blends theory with practical insights to facilitate a deeper understanding and application of financial concepts in real-world scenarios. We extend our gratitude to all contributors and welcome constructive feedback to enhance future editions.