Types of banks in operation – Roleof Reserve Bank and GOI as regulator of banking system – Provisions ofBanking Regulation Act & Reserve Bank of India Act
Types of relationship between bankerand customer – Bankers obligations to customers – Right of lean, setoff,appropriation– Provisions of Negotiable Instrument Act, 1881 – Bankerslegal duty of disclosure and related matters
Opening- operation – KYC norms andoperation – Types of accounts and customers – Nomination – Settlement ofdeath claims
Home banking – ATMs- Internet banking – Mobilebanking- Core banking solutions – Debit, Credit, and Smart cards – EFD –RTGS
Exchange rates – Documentary letter of credit –financing exporters and importers – ECGC Policies and guarantees
Types of loans – Overdraft facilities – Discounting ofbills – Financing book dates and supply bills- Charging of Security bills-pledge – mortgage – assignment.
Insurable Interest- Human Life value Concept-Elements of Insurance Risk – Principles of indemnity – Principles of Utmostgood faith- Principle of Subrogation- Insurable interest – Proximate Clause-Players in Life and Non-Life Insurance sector – Insurance documents –Procedure for issue – Alterations- Duplicate policy – Nomination-Assignment – Lapse and revivals- Assignment – Foreclosure
Life Insurance and General Insurance Productsincluding unit linked plans – Re-Insurance – Nature of Re-Insurance risk –Types of Re -Insurance – Reinsurance Agreements -Legal framework of lifeand general insurance – Underwriting (Process and Principles) –underwriting in Life insurance – Underwriting in Nonlife insuranceBancassurance- concepts – critical issues – functional aspects – IndianScenario – Future Prospects –Insurance Accounting – Financial Analysis andvaluations- Solvency and performance measures.