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Financial services provides a broad range of dealing with money that includes various financial institutions, banks, insurance companies, stock brokerages, credit-card companies and many such. It basically involves the investment, management of money and assets and lending, further meeting the needs of consumer and businesses.
Today, these facilities are available to consumer in just one click by telephone and internet. It sounds as economic backbone of every country and fulfil the needs for growth and development. Mostly these provide benefits to those who want to start a new business or are engaged in purchasing an asset. Even loans are provided to give a boost to economy. Farmers in rural areas are gaining their hold on scientific farming through these banks that gave those loans. Thus its expansion should be well planned in order to mobilise the financial resources of the community into the desired channels further fostering the economic development of the country.