Banking & Finance

 Unit No.

Unit Title

Contents

1

Introduction

Introduction- Origin, Meaning and Definition of Bank, Evolution of Banking in India, Structure of Banking System in India

2

Functions of

Banks

Functions of Banks-

1. Primary Functions- Accepting Deposits and Granting Loans

2. Secondary Functions- Public Utility Services and

Agency Services

3

Regulatory Authorities in India

Reserve Bank of India (RBI) – Role and Functions of RBI, Credit Control Measures, Qualitative and

Quantitative Credit Control

Insurance Development Authority (IRDA)-

Objectives, Powers and Functions of IRDA

SEBI- Objectives, Power and Functions of SEBI

4

Technology in banking

Need and Importance of Technology in Banking. ATM, Debit Card, Credit Card, Tele Banking, Net Banking, Mobile Banking, RTGS, NEFT, SWIFT (Society for Worldwide Interbank Financial Telecommunication) Cyber Security in E-banking