The book, Principles and Practices of Banking, introduces readers to all the basic concepts and practices in the banking and financial sector in India.
The development of Banking industry, right from its infancy to the present expanding scenario, is covered in Principles and Practices of Banking. The book also focuses on the challenges faced by the sector in these changing times, the expanding use of technology that helps the sector provide more services more efficiently, and the regulations put in place by the Reserve Bank of India to provide financial stability and safeguard the interests of depositors.
Following are the topics covered in this book: The Deposit Function, Specialized Services and Products, Bank Investments, Evolution of Banking, Lending Function, Electronic Financial Services, RBI Regulations, and Fund Management.
Principles and Practices of Banking is a good introductory book to familiarize the reader with the various aspects of the banking industry and the regulations that govern it. The expanding markets, the various functions, impact of technology on the sector, and RBI rules are explained clearly.
Principles and Practices of Banking is a compilation of contributions from several experts at IIBF. The Indian Institute of Banking and Finance (IIBF), established in 1928, is an association of banking and financial institutions.
Table Of Contents
MODULE A: INDIAN FINANCIAL SYSTEM
1. Indian Financial System — An Overview
2. Banking Regulation
3. Retail Banking, Wholesale and International Banking, ADR, GDR and Participatory Notes
4. Role and Functions of Capital Market, Securities and Exchange Board of India (SEBI)
5. Role and Functions of Mutual Funds
6. Role and Functions of Insurance Companies, Bancassurance and Insurance Regulatory and Development Authority (IRDA)
7. Factoring, Forfaiting Services and Off-Balance Items
8. Risk Management and BASEL II — An Overview
9. Alliances/Mergers/Consolidation
10. Credit Information Bureau (India) Limited (MIL), Fair Practices Code for Debt Collection and Banking Codes and Standards Board of India
11. Recent Developments in the Indian Financial System
MODULE B: FUNCTIONS OF BANKS
12. Banker-Customer Relationship
13, Banker's Special Relationship
14. Payment and Collection of Cheques and Other Negotiable Instruments
15. Opening of Accounts of Various Types of Customers
16. Ancillary Services
17. Principles of Lending, Working Capital Assessment and Credit Monitoring
18. Priority Sector Advances
19. Agricultural Finance
20. Micro, Small & Medium Enterprises in India
21. Government Sponsored Schemes
22. Self-Help Groups
23. Credit Cards, Home Loans, Personal Loans, Consumer Loans
24. Documentation
25. Different Modes of Charging Securities
26. Types of Collaterals and their Characteristics
27. Non-Performing Assets
28. Financial Inclusion
MODULE — C: BANKING TECHNOLOGY
29. Essentials of Bank Computerisation
30. Payment Systems and Electronic Banking
31. Data Communication Network and EFT Systems
32. Role of Technology Upgradation and its Impact on Banks
33. Security Considerations
MODULE — D: SUPPORT SERVICES — MARKETING OF BANKING SERVICES/PRODUCTS
34. Marketing — An Introduction
35. Consumer Behaviour and Product
36. Pricing 37. Distribution
38. Channel Management
39. Promotion
40. Role of Direct Selling Agent/Direct Marketing Agent in a Bank
41. Marketing Information Systems — A Longitudinal Analysis
- Abbreviations
- Glossary Banking Terms
- Marketing Terms Information Technology
- Bibliography
