Академический Документы
Профессиональный Документы
Культура Документы
Alen Koshy Alby TD Tinu Thomas Aysha Rafiq Ashwin M.P Jittu Neenu Dominic Aame Mathew
Introduction
An establishment that focuses on dealing with financial transactions, such as investments, loans and deposits. Banks, trust companies, insurance companies and investment dealers.
About RBI:
It is the Central bank of India. It was established on April 1st 1935 under the RBI Act, 1934. Constituted as a Private Shareholders Bank. Nationalized on January 1st, 1949.
Preamble
to regulate the issue of Bank notes and keeping of Reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage
Functions of RBI:
Bank of Issue. Banker to the Government. Bankers Bank & Lender of Last resort. Controller of Credit. Custodian of Foreign reserves. Promotional functions.
Private Banks
Foreign banks
Grades
High investment grades: AAA & AA - Highest safety A -Adequate safety BBB -moderate safety Speculative grades : B -high risk C-substantial risk D -default
Every Time a rating is assigned, the agencys name, integrity and credibility are online and subject to inspection by the whole community
SEBI
SEBI
12th april 1992 U K SINHA provisions of the Securities and Exchange Board of India Act, 1992. Securities appellate tribunal. Plot No.C4-A,'G' Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051<head office>
CONT
Insider trading. Share buyback. Arrest head of sahara Off-shore finance-infrastructure USD 5 billion 25 billion Reduce tax 20%-5% (off-shore= Infrastructure debt fund).
INSURANCE COMPANY
Insurance company
Insurance companies provide protection against losses They collect savings from investors Reinvest savings in the market Main income is premium
Functions
Restore loss Spread risk Protection Safety Profit
Types of insurance
Life insurance General insurance Fire insurance Health insurance Medical insurance House insurance
Major Players
LIC HDFC Standard life insurance Co. ICICI prudential life insurance Co. MAX NEW YORK Life insurance Co. SBI Life insurance Co. Reliance general insurance Co. Bajaj allianz general insurance Co.
Types of SFIs
Investment Institutions
Investment Institutions
Life Insurance Corporation of India(LIC) General Insurance Corporation(GIC) Unit Trust of India(UTI)