Banking & Insurance

Paper Code: 
BIE 131
Credits: 
10
Contact Hours: 
150.00
Max. Marks: 
100.00
Objective: 

 To facilitate study of theory and practice of banking and finance.

 To promote continous professional development.

 To provide information needed by professionals in banking and finance.
 

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 loan and personal credit card;Negotiable Instruments-Promissory Notes & Bills of Exchange, Cheques, demand draft
 

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 and sales management, selling of bank's products.
 

18.00

Insurance
Introduction, origin and development, concepts,significance and terminology of insurance
Principles of insurance, Insurance Agents and IRDA
 

18.00

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.
 

References: 
  • 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
  • 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: