We have great pleasure in presenting First edition “Banking Operations” 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 Operations. 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 Evolution of Banks
Introduction
Origin of Bank
Meaning of Banks
Definition of Banks
Banking Regulation Act
Features of Bank
Stages in Evolution of Banking in India
Structure of Indian Banking System
Reserve Bank of India
Role of RBI
Importance of RBI
Functions of RBI
Nationalisation of Banks
Monetary Policy Tools
Repo Rate
Reverse Repo Rate
CRR
SLR
Review Questions
Module – 2 Classification of Banks
Introduction
Commercial Banks
Role of Commercial Banks
Functions of Commercial Banks
Private Sector Bank
Public Sector Bank
Foreign Bank
NABARD
Reginal Rural Bank
Co-Operative Banks
State Co-operative Banks
Urban Co-operative Banks
Schedule Banks
Non–Schedule Banks
Payment Banks
Small Finance Banks
Development Banks
Review Questions
Module – 3 Banking Products
Introduction
Bank Accounts
Savings Bank Account
Current Account
Term Deposits
Non Resident Accounts
NRE
NRO
Loans
Advances
Central Government’s Credit Guarantee Fund Trust
& Micro & Small Enterprises Scheme (CGTMSE)
Working Capital Loans
Cash Credit
Overdraft
Concept of Hypothecation
Secured Loans
Unsecured Loans
Banking Surrogate
Discounting
Bills of Exchange
Letters of Credit
Term Loans
Concept of Mortgage
Loan against property
Loan against securities
Long Term Loans
Gold Loans
Pledge
Agency & Retail Services
Insurance
Investment
FOREX
Home Loan
Auto Loan
Education Loan
Review Questions
Module – 4 Negotiable Instruments and Endorsement
Introduction
Promissory Note
Meaning of Promissory Note
Characteristics of Promissory Note
Bill of Exchange
Cheque
Types of Cheques
Bearer of Cheques
Order of Cheques
Crossed of Cheques
Types of Crossing
General Crossing
Special Crossing
Cheque Truncation System
Endorsement
Definition of Endorsement
Types of Endorsement
Blank Endorsement
Full or Special Endorsement
Restrictive Endorsement
Partial Endorsement
Conditional Endorsement
Sans Recourse Endorsement
Facultative Endorsement
Review Questions
Module – 5 E-Banking Services & Challenges
Introduction
Net Banking
Traditional vs Modern Banking
NEFT
RTGS
IMPS
24/7 Fund Transfer
Mobile App Based Banking
UPI
Paytm
PhonePe
Debit Card
Credit Card
Prepaid Cards
Contactless Payments
NFC Cards
QR codes
Frauds in Banking
Remedies of Banking Frauds
Ethical Issues in Banking
Review Questions
