The students would be able to acquire knowledge related to functions associated with banking and banking services and technology
Banks- Meaning, Types of Banks, Functions, Importance and credit creation. Banking Products and Services –Types of Deposits and retail loans. An overview of third party products offered by Banks - mutual funds, insurance, gold and forex services
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
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 – Meaning and Types. Presentment:- Meaning ,Purpose ( acceptance, sight & Payment)Time and place of Presentment
Concept of Financial inclusion and literacy Banking Regulation act 1949, RBI Act 1934 –Main Provisions
• 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
• 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.
Links:
[1] https://business.iisuniv.ac.in/courses/subjects/banking-law-and-practices-5
[2] https://business.iisuniv.ac.in/academic-year/2019-2020