Indian banking System

Paper Code: 
FSG 321
Credits: 
6
Contact Hours: 
90.00
Max. Marks: 
100.00
Objective: 

To acquaint the students with the fundamental of Banking. And to enrich them with the knowledge of structure and operations of Indian Financial System

20.00
Unit I: 
Banking system in India:

Evolution of Banks in India, Nationalisation of banks: objective, Achievements and Failures Structure and Classification of Banks in India, Recent Trends in Banking System: Social Banking, Innovative Banking. Defects of Indian Banking System, Recent Banking Reforms(overview of Basel II and Basel III)

16.00
Unit II: 
Reserve Bank of India

: Evolution, Objectives , Organisation Structure , Functions-Traditional, Promotional, Credit control. Deposit insurance Corporation, Achievements of RBI

18.00
Unit III: 
Commercial Banking

Commercial Banking:- Evolution, Functions, Present Structure of commercial banks, Credit creation by commercial banks, Role of commercial Banks in developing country.
Modes of Commercial banking- Merits and demerits of Branch banking, Unit Banking, Correspondent banking System, Group Banking, Mixed banking.
An Overview of Small Finance banks, payment banks, Chain Banking, Deposit Banking, Narrow Banking , Universal Banking, Corporate banking.

20.00
Unit IV: 
Cooperative and Rural Banking

Co-Operative and Rural Banking:Commercial banks Vs. Cooperative banks, Structure of Cooperative Banking system in India-Primary Agricultural Societies, , Central Co-operative banks , State Cooperative banks ,Urban cooperative banks, Land development Banks

Regional rural Banks (RRBs): Organisation, Function, Progress, problems faced By RRBs, suggestions for improvement. National Bank for Agriculture and rural Development(NABARD): Organisation and Function

16.00
Unit V: 

Development Banks :Development banks In India-IFCI,IDBI,ICICI,SIDBI,EXIM,SFC Relationship Banking:- Introduction, Features, Process of Developing Relationship with Customers, Formulating Relationship Banking Strategy.

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
• L.M.Srivastava and Divya Nigam- “ Management of Indian Financial Institutions”, hihalaya Publishing House
• 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

References: 

1. Bhole, L. M., Financial Markets and Institutions, Tata McGraw Hill, Delhi.

  2.Ghosh,D. Banking Policy in India, Allied Publications, Delhi

Academic Year: