The study of banking and insurance is receiving an increasing attention in recent times at the hands of academicians necessitating its inclusion in the curriculum of Commerce and Management programmes of many universities. In this context, the M.G. University, Kerala has taken a lead by incorporating Banking and Insurance for the Commerce stream.
As usual, the banking scenario in India is changing fast to keep pace with the international banking practice. Indeed, the Indian banking has ushered in a new dawn of progress on the Indian horizon and it has become the lifeline of the nation and the people. The students of banking and insurance, therefore, must be exposed not only to be theoretical aspects of banking and insurance, but also to their day-to-day operations. The impact of modern technology has made them offer innumerable and innovative services to their customers whose expections are ever increasing. Hence, the students of Commerce are badly in need of a suitable textbook covering all these aspects incorporating therein the latest developments in the respective fields.
Relising the imperative need to bring out a suitable book on BANKING AND INSURANCE tailored to meet the specific requirements of students of the M.G. University, a modest attempt has been made to present the edition in the hands of the academic community – both the teachers and the taught. All the matters have been presented in a lucid manner and in simple language. All the topics have been analytically discussed, along with the latest statistically information from authentic sources in a fairly self-contained manner. The special feature of this book is that it is most student-friendly with clarity of thought and self-explanation. No doubt, this book will serve as a beacon light to all those who intend to achieve excellence in the field of banking and insurance.
Contents –
Module I
1. Commercial Banking
2. Functions and Role of Commercial Banks
3. Credit Creation
4. Banking Sector Reforms and Non-Performing Assets (NPAs)
5. RBI Functions with Financial Inclusion
6. Ombudsman Scheme
Module II
7. E-Banking
Module III
8. Banker and Customer
9. Types of Customer
10. Cheques
11. Crossing
12. Endorsement
13. Paying Banker
Module IV
14. Insurance
Module V
15. Life Insurance
16. Marine Insurance
17. Fire Insurance
18. Motor Vehicle Insurance
19. Health Insurance
20. Burglary Insurance
