Banking law and Practices

Banks- Meaning, Types of Banks, Functions, Importance and credit creation. Banking Products and Services –Types of Deposits and retail loans.
RBI- Management and Administration, Functions, Credit control measures.

II Banker- Customer Relationship- Definition, Types of relationship, Banker right and garnishee order.
Innovative Banking - Meaning, Significance and Features
Channels of Banking - ATM, internet, mobile, phone banking
Payment mechanism of Banks - cheques, demand drafts, NEFT, RTGS, ECS

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

Presentment:- Meaning ,Purpose ( acceptance, sight & Payment)Time and place of Presentment.
Collection and Crossing:- Concept, Liabilities & duties of collecting banker and types of crossing.
An overview of third party products offered by Banks - mutual funds, insurance, gold and forex services.

Financial inclusion and literacy
Banking Regulation act 1949, RBI Act 1934 –Main Provisions KYC and ALM.
Customer Protection - Customer service guidelines of RBI and Banking ombudsman.