- published: 04 Jul 2011
- views: 33518
In finance and economics, a financial institution is an institution that provides financial services for its clients or members. One of the most important financial services provided by a financial institution is acting as a financial intermediary. Most financial institutions are regulated by the government.
Financial institutions provide services as intermediaries of financial markets. Broadly speaking, there are three major types of financial institutions:
Some experts see a trend toward homogenisation of financial institutions, meaning a tendency to invest in similar areas and have similar business strategies. A consequence of this might be fewer banks serving specific target groups, for example small-scale producers could be under served.
This is the first lecture in a course on Financial Institutions at Prince Sultan University in front of an MBA class in 2009. The first lecture discusses the basics of commercial banking. Commercial Banking, Sources of Funds, Uses of funds, Transaction Deposits, Demand Deposits, Time Deposits, Checking Account, NOW Account, Interest-Bearing Account, Savings Deposit, Passbook Savings, Reg Q, ATS Account, Retail CD, Negotiable CD, Exotic CD, MMDA, Fed Funds, Doscount Loans, Discount Window, Discount Rate, REPOs, Eurodollars, Bank Capital, Capital ratio, Capital Adequacy, Basel II, Regulatory Arbitrage, WACC,
This animation teaches the pros and cons of funds raised through commercial banks, financial institutions and special financial institutions. This is a product of Mexus Education Pvt. Ltd., an education innovations company based in Mumbai, India. http://www.mexuseducation.com, http://www.ikenstore.in
We all participate in this financial system one way or another. If we have savings in a bank our money is active in the financial system. If we borrow money to buy a house, car, or through credit cards, we're making use of this system. This segment examines financial intermediaries and markets.
The three types of banks found in our economy and the major functions of the Federal Reserve.
1. What’re financial intermediaries? 2. What’re the difference between commercial and cooperative banks? 3. Regional rural banks- origin, ownership, problems and amendment 4. Cooperative banks: origin, classification, problems. 5. AIFI (All India Financial institutions): EXIM, NABARD, SIDBI and NHB. origin, ownership, functions, past MCQs from UPSC 6. Primary dealers: meaning, functions 7. Non-Banking financial companies (NBFC): How are they different from Banking institutions, internal classification of NBFCs. 8. Microfinance companies 9. Leftover topics and the-end of Banking sector “static” portion. Powerpoint available at http://Mrunal.org/download Venue: Sardar Patel Institute of Public Administration (SPIPA), Ahmedabad
Professor David Hillier, University of Strathclyde; Short videos for my students Check out www.david-hillier.com for my personal website.
As you contemplate moving beyond your piggy bank, the two types of financial institutions that you're most likely to deal with are banks and credit unions. They offer essentially the same products and services including savings and checking accounts, credit cards, auto loans, mortgages and investment products, but their values and motivations are very different.
This is financial institution
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