Indian Banking and Financial System B.Com 2nd Sem UOR

Syllabus

Indian Banking and Financial System

Course Code: EFM-52T-109

Unit-I

Bank-Meaning, Types and Functions of Banks, Role of Banks in Economic Development. Credit Creation of Banks. Banking Products and Services: Types of Deposits and Retail Loans.

Reserve Bank of India: Objectives, Organisational Setup, Functions and Credit Control.

Main Provisions of Banking Regulations Act, 1949 and Reserve Bank of India Act, 1934.

Bankers – Customer Relationship: General and Special (Banker’s Rights and Obligations) Garnishee Order.

Unit-II

Universal and Innovative Banking: Meaning, Significance and Features.

Channels of Banking: ATM, Internet, Mobile, Phone Banking, PoS (Point of Sale), UPI.

E-Payment’s Mechanism of Banks-Plastic Cards, NEFT, RTGS, IMPS, SWIFT, ECS, Payments Wallets.

Negotiable Instruments – Cheques, Bills of Exchange, Promissory Note and Demand Draft- Concept, Features, Types and Parties. Acceptance, Payment and Collection of Negotiable Instruments.

Crossing of Cheques, Concept and Types of Crossing, Endorsement and Presentation of Negotiable Instruments.

Unit-III

Indian Financial System: Meaning, Functions and its Components, Financial System and Development, Major issues in Indian Financial System.

Financial Market: Meaning, Features and Functions. An Overview of Money Market, Capital Market (Primary and Secondary) and their Financial Instruments, Debt Market- Meaning and Functions and their Instruments, Role of SEBI and RBI in Regulation of Capital and Money Market.

NPA: Meaning, Causes of NPA, Impact of NPA on Banking Sector.

Unit-IV

Financial Institutions: An Overview of Development Financial Institutions- IFCI, SIDBI, ICICI, IRCI, IDBI- Objectives, Functions. Financial Services: Merchant Banking, Mutual Fund, Leasing, Hire Purchase, Venture Capital- Meaning, Objectives and Functions. Introduction to BITCOIN, Block Chain and Crypto Currency.

Financial Sector Reforms in India.