Principal of Indian Banking

Book Details:

• Author: Dr. Jasbir Singh, Dr. Ruchika Gahlot

• ISBN: 9789385750830

• Edition: Second 2024

• Pages: 354

About the Book:

The banking system plays a very significant role in the economy of a country. With the ever-evolving global financial landscape, banking institutions have transformed from simple money generators to multifaceted entities, adapting to new challenges. This book offers an in-depth understanding of the banking sector, catering primarily to graduate students aiming to enter the banking industry. It covers a wide range of topics including the functions of money, evolution of banking systems, types of banks, regulation and supervision, and the role of banks in economic development.

The book is designed to integrate conceptual knowledge with business insights, providing students with the basics they need to understand the financial systems, particularly within India. Key topics include the Indian money market, capital market, the monetary policy of India, the Banking Ombudsman Scheme, and advancements in the banking sector. This comprehensive study material serves as an essential resource for anyone looking to build a strong foundation in banking and finance before entering the corporate world.

Contents:

1. Nature and Origin of Money

2. Functions of Money (Demand for Money)

3. Supply of Money

4. Evolution of Banking in India

5. Banking Structure and System in India

6. Reserve Bank of India

7. Clean Note Policy: RBI December 5, 2002

8. Commercial Banks in India

9. Social Responsibilities of Commercial Banks in India

10. Role of Banks in Economic Development

11. Credit Creation

12. Banker-Customer Relationship

13. Know Your Customer

14. Principles of Lending

15. Universal Banking

16. Venture Capital

17. Project Financing

18. Merchant Banking

19. Anti Money Laundering (AML)

20. Electronic Fund Transfer System

21. ECS - Electronic Clearing Services

22. Immediate Payment Services (IMPS)

23. National Electronic Funds Transfer (NEFT)

24. Real-Time Gross Settlement (RTGS)

25. Systematic Investment Plan (SIPs)