The study of banking is receiving an increasing attention in recent times at the hands of academicians necessitating its inclusion as a core subject in the Commerce curriculum of many universities. In this context, the Andhra Pradesh and its neighboring universities have taken a lead by incorporating Banking as a subject of thrust area for the Commerce and Management streams.
As usual, the banking and financial scenario in India are changing fast to keep pace with the modern technology and also 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 finance, therefore, must be exposed not only to the theoretical aspects of banking but also, to their day-to-day operations. The impact of modern technology has made the financial sector to offer innumerable and innovative services to their customers whose expectations are ever increasing. Hence, the students of Commerce and Management are badly in need of a suitable textbook covering all these aspects incorporating therein the latest developments in the respective fields.
Realising the imperative need to bring out a suitable book on “Banking Theory and Practice” tailored to meet the specific requirements of the students of Andhra Pradesh Universities, a modest attempt has been made to present this edition in the hands of the academic community – both the teachers and the taught. All the topics have been logically arranged and analytically discussed, along with the latest statistical information from authentic sources. 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 an invaluable guide to all those who intend to achieve excellence in the field of banking including the professionals.
Contents –
1. Commercial Banking
2. Credit Creation
3. Banking System
4. Innovations in Banking
5. Types of Banks
6. Banker and Customer
7. Special Types of Customers
8. Paying Banker
9. Collecting Banker
Solved Model Question Paper
Last Minute Revision (LMR)