Management of Financial Services : Chapter Review

1. Under each syllabus topic , a recent news event/trend has been listed for group discussion.
2. Also attached are link(s) for relevant article(s) which I could find.
3. You can read any other material around the said news event/trend and prepare a few taking points.
1. Investment Banking
IRCTC IPO and the Investment Bankers involved, their roles (Underwriting, advisory, valuation) and issue price,
listing price , performance etc.
1. https://economictimes.indiatimes.com/markets/stocks/news/railways-protest-over-under-pricing-of-irctc-
ipo/articleshow/71626752.cms
2. https://timesofindia.indiatimes.com/business/india-business/irctc-ipo-huge-hit-among-investors-subscribed-112-
times/articleshow/71427256.cms
3. https://www.livemint.com/market/stock-market-news/most-stocks-that-listed-this-year-trade-above-issue-price-on-better-pricing-
11571246391355.html
4. https://www.ndtv.com/india-news/indian-railway-catering-and-tourism-corporation-makes-grand-debut-at-stock-market-doubles-
issue-pric-2116523
2. Banking and RBI
PMC Bank Collapse/Scam : What , How and The Role of RBI/Government ? Lessons to be learnt ?
1. https://www.moneycontrol.com/news/podcast/digging-deeper-the-pmc-bank-saga-4515481.html
2. https://www.bloomberg.com/opinion/articles/2019-09-30/pmc-bank-scandal-points-to-wider-problems-in-india
3. https://indianexpress.com/article/opinion/editorials/what-pmc-means-punjab-and-maharashtra-cooperative-bank-scam-ilfs-6064948/
4. https://economictimes.indiatimes.com/industry/banking/finance/banking/the-collapse-of-pmc-exposes-the-fault-lines-in-the-
financial-system-/articleshow/71402139.cms
5. https://economictimes.indiatimes.com/industry/banking/finance/banking/the-biggest-lessons-for-india-from-the-pmc-bank-
fiasco/articleshow/71557920.cms
3. Credit Rating
Why do Credit Rating agencies keep missing big defaults ? and How companies shop for credit ratings ?
1. https://economictimes.indiatimes.com/markets/stocks/news/credit-raters-keep-missing-big-company-
defaults/articleshow/71385443.cms
2. https://www.moneycontrol.com/news/business/explainer-how-companies-shop-for-favourable-ratings-and-mislead-investors-
4544951.html
3. https://www.business-standard.com/article/companies/why-do-credit-rating-agencies-keep-missing-big-indian-company-defaults-
119100100131_1.html
4. https://theprint.in/economy/credit-rating-companies-are-still-missing-big-defaults-by-indian-firms/299238/
4. Financial Literacy/Inclusion
Role of Technology in financial inclusion : fintech , digital banking and payments etc.
1. https://www.deccanchronicle.com/technology/in-other-news/181019/how-technology-is-changing-the-face-of-indias-banking-
sector.html
2. https://inc42.com/resources/how-nbfcs-are-taking-financial-inclusion-to-the-next-billion-with-digital-banking/
3. https://www.moneycontrol.com/news/technology/heres-how-neo-banks-are-driving-financial-inclusion-4532551.html
4. https://www.moneycontrol.com/news/business/startup/digitisation-all-set-to-propel-the-next-generation-of-fintech-revolution-
4544351.html
5. https://www.moneycontrol.com/news/business/india-developed-digital-payment-system-allows-tech-firms-convenience-financial-
inclusion-nandan-nilekani-4543091.html
5. Insurance
Deposit Insurance in case of Bank Failure and the role of Deposit Insurance and Credit Guarantee Corporation
1. https://www.thehindubusinessline.com/opinion/columns/aarati-krishnan/is-deposit-insurance-working-as-it-
should/article29737775.ece
2. https://www.businesstoday.in/sectors/banks/rbi-banks-started-putting-warning-passbooks-deposit-insurance-
cover/story/385442.html
3. https://economictimes.indiatimes.com/markets/stocks/news/getting-to-the-bottom-of-deposit-insurance-in-
india/articleshow/71486944.cms
4. https://www.thehindu.com/business/what-you-didnt-know-about-deposit-insurance/article29614503.ece
5. https://www.news18.com/news/business/centre-mulling-to-raise-deposit-insurance-cover-to-rs-3-lakh-in-first-revision-since-1993-
2347993.html