Tag Archives: Banking topics

Financial Products in the Secondary Market

Financial Products in Secondary Market The following are the main financial products/instruments dealt in the secondary market. Equity : Equity, one of the important financial products is the ownership interest…

What is Secondary Market ?

Secondary Market : Capital market is divided into the Primary Market and the Secondary Market. Secondary Market refers to a market where securities are traded after being initially offered to the…

What is Primary Market ?

Primary Market : Capital market is dived into the Primary Market and the Secondary Market. Primary Market is a part of Capital market. Here the securities (shares/bonds/debentures) are offered to the…

Types of Factoring

There are two types of factoring services, Recourse factoring (with recourse ) and non-recourse factoring (without recourse). In recourse factoring, in the case of non-payment of invoices by customers, the…

What is Factoring ?

Factoring is a service that is concerned with the financing and collection of account receivables in domestic and International trade. Factoring is a continuous arrangement in which receivables created out…

Non-Banking Financial Companies (NBFCs)

NBFCs are allowed to raise deposits from the public and lend through various instruments including leasing, hire purchase and bill discounting etc. These are licensed and supervised by the Central…

Primary Dealers (PDs)

Primary dealers also known as PDs, deal in government securities and deal in both primary and secondary markets. Their basic responsibility is to provide markets for government securities and strengthen…

Cooperative Banks

Initially set up to supplant indigenous sources of rural credit, particularly money lenders, today they mostly serve the needs of agriculture and allied activities, rural-based industries and to a lesser…

Financial Institutions (FIs)

An establishment that focuses on dealing with financial transactions, such as investments, loans and deposits. FIs are development financial institutions which provide long-term funds for industry and agriculture. All these…

The Universal Postal Union (UPU)

The Universal Postal Union (UPU, French: Union postale universelle) is a specialized agency of the United Nations that coordinates postal policies among member nations, in addition to the worldwide postal…

BCCI

The Board of Control for Cricket in India (BCCI), headquartered at Mumbai in West Indian state of Maharashtra is the national governing body for all cricket in India. The board…