Banking system and structure in India- Evolution of Indian Banks-Types of banks -PublicSector, Regional Banks, Performance of Public Sector banks, Private Sector Banks.Commercial banking: Structure, Functions - Primary & secondary function, Role of commercialbanks in socio economic development, Services rendered. Credit creation and Deployment ofFunds.-Role of Reserve Bank and GOI as regulator of banking system – Provisions of BankingRegulation Act & Reserve Bank of India Act
Banker and customer – Types of relationship between banker and customer – Bankersobligations to customers – Right of lean, setoff, appropriation–Bankers legal duty of disclosureand related mattersCustomers` accounts with banks – Opening- operation – KYC norms and operation – Types ofaccounts and customers – Nomination – Settlement of death claims
The Negotiable Instruments Act 1881-Features of Negotiable instruments-Important conceptsand explanations under the Negotiable Instruments Act- The Paying Banker-Dishonour ofcheques-Negotiation-Endorsement- The Collecting Banker-Negligence-Bills of exchange andpromissory note-Discharge of Negotiable instruments-Hundis.
Banking Technology- Concept of Universal Banking-Home banking – ATMs- Internet banking– Mobile banking- Core banking solutions – Debit, Credit, and Smart cards – Electronic Paymentsystems-MICR- Cheque Truncation-ECS- EFT – NEFT-RTGS
International banking – International Banking: Exchange rates and Forex Business,Correspondent banking and NRI Accounts, Letters of Credit, Foreign currency Loans, Facilitiesfor Exporters and Importers, Role of ECGC, RBI and EXIM Bank
Banker as lender – Types of loans – Overdraft facilities – Discounting of bills – Financing bookdebts and supply bills- Charging of Security bills- pledge – mortgage – assignment.
Asset Liability Management(ALM) in banks: Components of Liabilities and Components ofAssets, Significance of Asset Liability management, Purpose and objectives. Prerequisites forALM, Assets and Liabilities Committee (ALCO)- Activities of ALCO