Financial Engineering for Low-Income Households
The book explores how banks may help common man in selecting right financial products…this volume provides invaluable insights….Case studies and a cogent illustration make this book useful enough for bank officials to have on their bookshelves.
(The Financial World)
The authors have successfully assembled the ideas from a vast variety of sources into one cogent and accessible volume. Chapterization of book and sequencing of articles is very apt…this book will be invaluable for students, researchers and practitioners interested in the design and delivery of financial services to low income households. (Journal of Rural Development, Vol 32, July- September 2013)
The book is a valuable compilation connected with financial engineering…comprehends different risk-reward equations encountered by household with low-income…it offers a systematic approach towards building competencies in the frontline staff of all financial institutions…written in a simple way and can be referred to the CEO as well as fresh management graduate, the teller, the sales agent…it will be very useful for planners, economists and bankers. (Free Press Journal, 23 March 2014)
[The book] highlights all the key issues, some of the leading practitioners from concerned stream have contributed to this book. This book will be a valuable tool from practitioners to students, who are interested in the design and delivery of financial services.
(Sahara Time, 4 May 2013)
This compilation connects the fundamental concepts in finance and financial engineering with the relatively new field of financial services delivery to low-income households. Its applied nature will help the reader grasp the implications of theoretical principles in finance on practical product-design considerations. It has several illustrations, caselets, and exercises to facilitate learning and in order to develop a full understanding of the underlying concepts.
The book will be a valuable tool for students and practitioners interested in the design and delivery of financial services to low-income households.