Contribution of Service Sector in Indian Economy
At the time of independence: In 2008Service Sector-55.1% Secondary-26.9% Primary-18.5%
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Growth in Service Sector
From 1947 to 1990-Increased by-21% From 1991 to 2008-Increased by-40% In 2008-09-6.7% In Q1(2009)-9.5%
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Financial Services
The Financial Services includes all Activities connected with the transformation of savings into investments. Financial Services facilitate and intermediate the financial transaction of individuals and institutions.
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Types of Financial Services
Financial Services
Fund or Assets Based services
Fee-Based Advisory Services
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Fund Based Financial Services
Lease financing Hire purchase finance & customer Credit Factoring and Forfeiting Bill Discounting Housing Finance Insurance Services Venture Capital Financing
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