An easy Guide to the Financial Services Sector: The Indian Finacial Services Sector - Tapa blanda

Chatterjee, Tanmoy

 
9783843357197: An easy Guide to the Financial Services Sector: The Indian Finacial Services Sector
Tapa blanda
ISBN 10: 3843357196 ISBN 13: 9783843357197
Editorial: LAP LAMBERT Academic Publishing, 2010

Sinopsis

This book deals with the booming Indian Financial Services Sector. India has one of the most developed financial markets in the developing world. Tremendous scope exists for both banking and non-banking financial institutions from other countries. The insurance sector, nationalised suinmce 1971, has been opened up according to an announcenebt made in November 1998. A legislation to to this effect is expected by early 1999. Top companies from the United Kingdom and the United States among others are already active in India's financial markets. markets. Some of the big names are: Merrill Lynch, Oppenheimer, J.P. Morgan, Morgan Stanley, Grindlays, Standard Chartered, Hong Kong and Shanghai Banking Corporation among others. Foreign institutional investors (FIIs) have been allowed to invest in the stocks and securities markets with rights of full repatriation and withdrawal. Their presence has added a new dynamism to the market.India already has foreign exchange reserves of US$27 billion which is considered very comfortable, but the country needs to use foreign skills and networks to be able to manage the huge sums for its development needs.

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Reseña del editor

This book deals with the booming Indian Financial Services Sector. India has one of the most developed financial markets in the developing world. Tremendous scope exists for both banking and non-banking financial institutions from other countries. The insurance sector, nationalised suinmce 1971, has been opened up according to an announcenebt made in November 1998. A legislation to to this effect is expected by early 1999. Top companies from the United Kingdom and the United States among others are already active in India's financial markets. markets. Some of the big names are: Merrill Lynch, Oppenheimer, J.P. Morgan, Morgan Stanley, Grindlays, Standard Chartered, Hong Kong and Shanghai Banking Corporation among others. Foreign institutional investors (FIIs) have been allowed to invest in the stocks and securities markets with rights of full repatriation and withdrawal. Their presence has added a new dynamism to the market.India already has foreign exchange reserves of US$27 billion which is considered very comfortable, but the country needs to use foreign skills and networks to be able to manage the huge sums for its development needs.

Biografía del autor

After doing my graduation in commerce i did my MBA. Then I started working with a Financial Services Company. Feeling the need to make people aware of this industry, i thought of writing a book which will help people know about the industry. This book is dedicated to my mother whose relentless support helped me write this book.

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Editorial
LAP LAMBERT Academic Publishing
Año de publicación
2010
Idioma
Inglés
ISBN 10 
3843357196
ISBN 13 
9783843357197
Encuadernación
Tapa blanda
Número de páginas
68
Contacto del fabricante
no disponible
Persona responsable
no disponible