Emerging Financial Services

By: Material type: ArticleArticleLanguage: ENG Series: ; IXPublication details: Oct 2006 0Edition: 10Description: 51-60 PpSubject(s): DDC classification:
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Online resources: Summary: There are several factors like globalization, competition from private sector, changing customer demographics, and development of banking system responsible for revolutionizing the financial sector. In the last five years, there were many innovative financial instruments. This article studies the factors that have transformed the stagnant Indian financial sector into a vibrant one and throws light on the innovatvie products in capital markets, banking industry and insurance sector.
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There are several factors like globalization, competition from private sector, changing customer demographics, and development of banking system responsible for revolutionizing the financial sector. In the last five years, there were many innovative financial instruments. This article studies the factors that have transformed the stagnant Indian financial sector into a vibrant one and throws light on the innovatvie products in capital markets, banking industry and insurance sector.

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