SAGE
VERSITY
UAam S.dln
SAGE University, Indore
Institute Name: Institute of Commerce Commerce
P'rogram:Bachelor of Commerce Semester-I
Course Name: Financial Services in India
Course Code: COMMINFS103T
(Minor Elective)
L T/M N
Credit Hours Total Credit 4
4 0
Prerequisites
No Pre-requisites
(if any)
1. This course is designed to provide students with a comprehensive understanding of
the financial system.
Course
2.Structure, functions, and evolving dynamics in the modern financial world.
Objectives 3. It aims to familiarize learners with various
types of financial accounts.
4. Emphasis is also placed on understanding the role of finance in economic
development and financial inclusion..
Unit I:
Introduction to Financial Services, Definition and nature of financial services,
Evolution and development of financial
services in India, Classification: Fund
based and non-fund-based services, Role of financial services
Course in economic
development, Regulatory framework: Role of RBI, SEBI, IRDAI,
and Ministry of
Content Finance, Challengesfacing the Indian
financial services sector. (No. of Lecture-12)
Unit-II
Banking and Non-Banking
Financial Companies (NBFCS),
Overview of Indian banking
system, Commercialbanks vs.
cooperativebanks, Functions of
banks: Primary and
secondary,Concept and
classification of NBFCS, Role
and regulation of NBFCS.
and their role. (No. of
Banks, Payment banks
Small Finance
Microfinance and
Lecture-12)
Unit-III IPOs,
markets in India, Primary market:
Services, Overviewofcapital
Capital Market systems,
Secondary market: Stock exchanges, trading
process,
FPOs, book-building
depositories, SEBI regulations on capital
Intermediaries: Stockbrokers, underwriters,
Structure, types,
Banking, Mutual funds:
Role of Merchant
market intermediaries,
Fegulation, and NAV.(No. of Lecture-12)
Unit-IV
types, and
Introduction to insurance: Principles,
Insurance and Risk Management,
IRDAI: Structure and Functions.
and General Insurance,
importance. Life Insurance
Risk management: Types
Insurance products: ULIPs,term insurance,health insurance,
tools, Recent trends in the Indian insurance
of risks and risk mitigation
Business Decisions. (No. of Lecture-12)
Unit-V
Financial Innovations and Technology, Introduction to fintech and its impact
financial services, Electronic payment systems: NEFT, RTGS, UPI,IMPS, Digital
wallets and mobile banking, Crypto currencies and blockchain technology in finance,
Robo-advisors and AI in financial services, Regulatory technology (Reg.Tech) and
Insur Tech,Cyber security in financial services. (No. of Lecture-12)
1. Indian Financial System'" - M.Y.Khan, Publisher: MeGraw-Hill Education
Text Books 2.Financial Institutions and Markets" -L.M. Bhole&JitendraMahakud Publisher:
MeGraw-Hill Education
COIRemember: ldentify the various types of financial services offered in India, such
as banking, insurance, mutual funds, and leasing.
C02 Understand: Explain the regulatory framework governing financial services in
India, including the roles of SEBI, RBI,IRDAL, and other regulatory bodies.
Course CO3Apply: Demonstrate how specific financial services like credit rating, factoring,
Outcomes ure capital are structured and operate in real-life scenarios.
CO4 Analyze: Examine the impact of reforms and technological advancements (e.g.,
digital payments, fintech) on the delivery of financial services in India.
CO5Evaluate: Evaluate the performance, challenges, and future potential of various
financial services in the Indian economy using relevant data and policy analysis.
