Banking law and Practices

Paper Code: 
FMG 513
Objective: 

The students would be able to acquire knowledge related to functions associated with banking and banking services and technology

7.00
Unit I: 

Banks- Meaning, Types of Banks, Functions and Importance.
RBI- Management and Administration, Functions, Credit control measures,

8.00
Unit II: 

Banker- Customer Relationship- Definition, Types of relationship, Banker right and garnishee order.
Innovative Banking - Meaning, Significance, Features and Instruments

12.00
Unit III: 

Negotiable Instruments - Promissory note, Bills of Exchange and Cheque.:- Concept, Feature, Parties, Types , Holder and Holder in due course, Acceptance, Collection and Payment of Negotiable Instrument.
Endorsement – Meaning and Types.

8.00
Unit IV: 

Presentment:- Meaning ,Purpose ( acceptance, sight & Payment)Time and place of Presentment and When it is not necessary.

Collection and Crossing:- Concept, Liabilities & duties of collecting banker and types of crossing.

10.00
Unit V: 

NABARD- Introductions and Functions .
Banking Regulation act 1949, RBI Act 1934 –Main Provisions

Essential Readings: 

• P.N. Varshney, Banking law and Practice, Sultan chand and Sons, Delhi
• B.S. Khubehandani, Practice and Law of Banking, MacMillian India Limited
• Jain, Khanna, Tiwari, “ Banking and Public Finance” V.K India Enterprises, New Delhi.
• Natarajan S, Parameshwaran R, “ Indian Banking” S.Chand & Company LTD, New Delhi
• Davar S.R., Banking Law & Practice, Vikas Publishing House, Delhi

• Shrivastava P.K.,Banking Law & Practice, Himalaya Publishing House, Bombay

• Shrivastava R.S., Nigam Divya, Management of Indian Financial Institutions” Himalaya Publishing House, New Delhi

• Tannan M.L.,Banking Law and Practice, Indian Law House, Delhi
• Bhole, L. M., Financial Markets and Institutions, Tata McGraw Hill, Delhi.
• Ghosh, D ., Banking Policy in India, Allied Publications, Delhi

Academic Year: 
2018-2019
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