BANKING LAW AND PRACTICES

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

Course Outcomes (COs):

Course Outcomes

Learning and teaching strategies

Assessment Strategies

On completion of this course, the students will be able to;

CO175:To develop relevant knowledge about the Indian banking system and Compare the Different Types Of Products And Services And Third Party Products Offered By Various Banks.

CO176:Differentiate between various innovative banking channels and to select the appropriate payment mechanism for effective transfer of funds.

CO177:Analyze the features of various negotiable instruments used in banking and to evaluate their role in effective fund transfer and discharge of debt obligation

CO178:Develop the knowledge about the laws related to various securities for banker's advances and Loans

CO179:Evaluate and critically examine the role of various laws in effective functioning of Banking Industry in India.

Approach in teaching:

Interactive Lectures, Discussion, Reading assignments, Demonstration, power point presentations

Class test, Semester end examinations, Quiz, Assignments, Presentation, Individual and group projects

 

9.00
Unit I: 
Overview of Indian banking system-
  • Meaning, Types of Banks, Functions,
  • Importance and credit creation.
  •  Banking Products and Services –Types of  Deposits and retail loans, third party products

 

9.00
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, POS
  • E- Payment mechanism of Banks - plastic cards NEFT, RTGS, IMPS, SWIFT, ECS, payment wallets.

 

10.00
Unit III: 
Negotiable Instruments –
  • Promissory note, Bills of Exchange and Cheque and demand draft - Concept, Feature, Parties,
  • Types.Acceptance, Payment and Collection of negotiable instruments
  • Crossing of cheques:- Concept and types of crossing.
  •  Endorsement, Presentment of Negotiable instruments
7.00
Unit IV: 
Loans and Advances
  • State Policy on Loans and Advances - Priority sector advances, MSME loans and Advances. 
  •  Securities for banker'sadvances and Loans- Modes of Charging Securities Lien, Pledge,Mortgage, Hypothecation etc. - Registration of Firms/Companies - creation of Charge and Satisfaction ofCharge.

 

10.00

Major Provisions related to banking laws 

  • Banking Regulation act 1949,
  • Concept of Financial inclusion and financial literacy 
  •  RBI- RBI Act 1934- Main Provisions,Constitution of RBI & Management, Objectives, Functions, credit control measures
Essential Readings: 
  • 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
  • ShrivastavaP.K.,Banking Law & Practice, Himalaya Publishing House, Bombay.

 

References: 

SUGGESTED READINGS:

  • Davar S.R., Banking Law & Practice, Vikas Publishing House, Delhi
  • Shrivastava R.S., Nigam Divya, Management of Indian Financial Institutions” Himalaya Publishing House, New Delhi
  • TannanM.L.,Banking Law and Practice, Indian Law House, Delhi
  • Bhole, L. M., Financial Markets and Institutions, Tata McGraw Hill, Delhi.                                                                                                                                                                                                                        E-READINGS:

Journals:

  • FIIB Business Review- http:// sagepub.com
  • Vikalpa : http:// sagepub.com
  • Directory of Open Access Journals

 

 

Academic Year: 
2022-2023
  • Printer-friendly version
  • PDF version