1. FINANCIAL
INSTITUTIONS

2. FINANCE Finance is provision of money at the time when it is required.
Every enterprise requires finance.
Indispensable
Lifeblood of business
Finance is the art and science of managing money.

3. Finance
Public finance
- State government
- Central government
- Government institutions
Private finance
- Personal finance
- Business finance
- Finance of non-profit organizations

4. Financial institutions
Areas of finance
Financial services
Financial institutions

5. Financial services is concerned with the design and delivery of advice and financial products to individuals, businesses and governments.
Financial management is concerned with the duties of the financial managers in the business firm.

6. Financial institutions
Financial institutions are the intermediaries who facilitate smooth functioning of the financial system by making the investors and borrowers meet.
They mobilize savings of the surplus units and allocate them in productive activities promising a batter rate of return.
Financial institutions are also termed as financial intermediaries because they act as middlemen between the savers and borrowers.