We have great pleasure in presenting First edition “Banking & Insurance” written for students of UG courses. The related matters are written in a simple and easily understandable.
This volume is an attempt to provide the students with thorough understanding of Banking & Insurance. We have presented the subject matter in a systematic manner with liberal use of charts and diagrams where ever necessary so as to make it interesting and sustain students’ interest.
Contents –
Module – 1 Introduction to Banking
Introduction
Meaning of Bank
Definitions of Bank
Functions of Bank
Types of Bank
Banking
Meaning of Banking
Definitions of Banking
Types of Banking
Know Your Customer (KYC) Norms
Banker and Customer Relationship
Types of Customers
General Customers
Special Customers
Banking Innovations
Digital Banking
NEFT
RTGS
ECS
UPI
Review Questions
Module – 2 Negotiable Instruments
Introduction
Negotiable Instruments
Meaning of Negotiable Instruments
Characteristics of Negotiable Instruments
Types of Negotiable Instruments
Cheques of Negotiable Instruments
Promissory Note
Bill of Exchange
Certificate of Deposits
Cheques
Meaning of Cheques
Definition of Cheques
Crossing of Cheques
Meaning of Crossing Cheques
Types of Crossing Cheques
Rules of Crossing Cheques
Material Alterations
Endorsement
Meaning of Endorsement
Definition of Endorsement
Kinds of Endorsement
Review Questions
Module – 3 Banking Operations
Introduction
Collecting Banker
Meaning of Collecting Banker
Duties of Collecting Banker
Responsibilities of Collecting Banker
Statutory Protection
Banker as a Holder in Due Course
Holder for Value
Paying Banker
Meaning of Paying Banker
Precautions of Paying Banker
Statutory Protection to the Paying Banker
Grounds for Dishonour of Cheques
Consequences of Wrongful Dishonour of Cheques
Lending Operations
Principles of Bank Lending
Kinds of Lending Facilities
Loans
Cash Credit
Overdraft
Bills Discounting
Letter of Credit
NPA
Meaning of NPA
Circumstances of NPA
Impact of NPA
Regulations of Priority Sector Lending for Commercial Banks
Review Questions
Module – 4 Introduction to Insurance
Introduction
Basic Concept of Risk
Types of Business Risk
Risk and Return Relationship
Risk Assessment and Transfer
Insurance
Meaning of Insurance
Definition of Insurance
Insurance v/s Assurance
Insurance Intermediaries
Types of Insurance
Basic Principles of Insurance
Life Insurance
General Insurance
New Insurance Products
Underwriting Process & Re-insurance
Review Questions
Module – 5 Contemporary Issues and Integration of Banking & Insurance
Introduction
Banking & Insurance Ombudsman
Bancassurance
Models of Bancassurance
Benefits of Bancassurance
Financial Inclusion
Pradhan Mantri Jan Dhan Yojana
Anti-Money Laundering (AML)
Mergers & Acquisitions in BFSI Sector
Digital Disruption in the BFSI Sector
Blockchain
Fintech
Cyber Security
Data Protection in Banking and Insurance
Review Questions