FINANCIAL SERVICES
Financial services
Financial services as apart of financial system,provides different types of finance through various credit instruments, finical product and services.
In the case of credit instulruments financial services include bonds or debentures with different features like zero coupon bond, deep discount bond, floating rate notes, letter of credit, gold bond scheme, etc.
In financial products, financial services include mutual funds with multiple options, credit cards, debit cards, add on cards etc.
In services, the most important are leading, bored purchase, venture capital financing, factoring, classification of assets, etc.
Financial services helps the user to obtain the asset, to enjoy the services, according to his convenience and art reasonable rate of interest. It assists the supplier of money to get the best possible returns on investment within the regulatory framework prescribed by the regulators or society.
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