Banking law and Practices

Paper Code: 
BSG 513
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

The students would be able to acquire knowledge related to functions associated with banking and banking services and technology.

7.00
Unit I: 

Banks- Meaning, Types of Banks, Functions, Importance and credit creation. Banking Products and Services –Types of  Deposits and retail loans.

RBI- Management and Administration, Functions, Credit control measures

8.00
Unit II: 

Banker- Customer Relationship- Definition, Types of relationship, Banker right and garnishee order.

Innovative Banking - Meaning, Significance and Features

Channels of Banking - ATM, internet, mobile, phone banking

Payment mechanism of Banks - cheques, demand drafts, NEFT, RTGS, ECS

12.00
Unit III: 

Negotiable Instruments - Promissory note, Bills of Exchange and Cheque.- Concept, Feature, Parties, Types , Acceptance, Collection and Payment of Negotiable Instrument.

Endorsement – Meaning and Types.

8.00
Unit IV: 

Presentment:- Meaning ,Purpose ( acceptance, sight & Payment)Time and place of  Presentment.

 Collection and Crossing:- Concept, Liabilities &  duties of collecting banker and types of crossing.

An overview of third party products offered by Banks - mutual funds, insurance, gold and forex services

10.00
Unit V: 

Financial inclusion and literacy:

Banking Regulation act 1949, RBI Act 1934 –Main Provisions .

Essential Readings: 

V

Financial inclusion and literacy:

Banking Regulation act 1949, RBI Act 1934 –Main Provisions .

10

Essential Reading

 

  • P.N. Varshney, Banking law and Practice, Sultan chand and Sons, Delhi
  • B.S. Khubehandani, Practice and Law of Banking, MacMillian India Limited
  • Jain, Khanna, Tiwari, “ Banking and Public Finance” V.K India Enterprises, New Delhi.
  • Natarajan S, Parameshwaran R, “ Indian Banking” S.Chand & Company LTD, New Delhi
References: 

References

  • Davar S.R., Banking Law & Practice, Vikas Publishing House, Delhi

 

  • Shrivastava P.K.,Banking Law & Practice, Himalaya Publishing House, Bombay

 

  • Shrivastava R.S., Nigam Divya, Management of Indian Financial Institutions” Himalaya Publishing House, New Delhi
  •     Tannan M.L.,Banking Law and Practice, Indian Law House, Delhi
  •     Bhole, L. M., Financial Markets and Institutions, Tata McGraw Hill, Delhi.
Academic Year: 
2018-2019
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