Banking and Insurance

Paper Code: 
BIE 131
Credits: 
6
Contact Hours: 
90.00
Max. Marks: 
100.00
Objective: 

To provide elementary knowledge of banking and insurance

18.00

Money & banking- Meaning & Defination of money, Functions of Money, Types of Money.

Central Banking- Evolution, Concept & Functions, Credit control measures of central bank.

Retail Banking- Banker & Customer, Deposit accounts, Retail Loans and

Personal Credit Cards;Negotiable Instruments-Promissory Notes & Bills of Exchange, Cheques, Demand drafts

18.00

E-Banking and Innovative Banking- Introduction, Meaning, Aspects & Significance of E-Banking. ATM and mobile banking

Internet Banking- Online enquiry and update facilities- Personal identification numbers and their use in conjunction with magnetic cards of both credit and debit cards, smart cards, signature storage and display by electronic means, Note and coin counting devices.

18.00

Service Marketing- Concepts and features, Elements of Marketing Mix. Bank marketing- Concepts and Factors influencing marketing mix for Banking Organisation.

Customer Orientation- customer service quality, customer retention, Relationship Marketing Programme, Listening to customer, Methods of  Listening, compliant management, Service guarantees, Measuring customer satisfaction . Relationship management & Sales Management, Selling of bank’s Product.

18.00
Unit IV: 
Insurance

Introduction, origin and development, concepts, significance and terminology of insurance.

Principles of insurance, Insurance Agents and IRDA

18.00
Unit V: 
Types of Insurance

Life, Marine, Fire and General Insurance: Introduction ,Types of schemes and plans, concepts, settlement of claims of LIC, GIC, Bank Assurance, Micro Insurance.

Essential Readings: 
  • Banking principles and operations, Mr. M. N. Gopinath, Snow white publications Pvt. Ltd.
  • Principles of Banking,  Macmillan (India) Limited, New Delhi
  • General Banking Management, Macmillan (Indian) Limited, New Delhi
  • Banking and Finance, Jain Khanna Tiwari, VK India Enterprices, New Delhi
  • Banking in India, Khan Masood Ahmed, Anmol publication, New Delhi
  • Principles of Banking, macmillian (India) Limited, New Delhi
References: 
  • An Introduction to computers and their application to banking, Macmillian (India )   Limited, New Delhi
  • Information Technology, Data communication and electronic banking, Mac Millian (India) Limited, New Delhi
  • Information System for banks, M/s Taxmann Publications, New delhi
  • Ram Mohan Roa, Service Marketing, (Pearson Education)

 

Academic Year: