Introduction to banking system of India: Evolution of Banking and its history in India. Structure and function of Banking Institutions—The different types of Banks viz. Central Bank, Commercial Bank, Co-operative Banks, Specialized Banks, Regional Rural Banks (RRBs)Systems of Banking: Unit banking, branch banking, group banking and chain banking
Regulatory framework: Banking Regulation Act, 1949, RBI Act 1934, prevention of money laundering ACT 2002.
Banking related laws: Securitization And Reconstruction Of Financial Assets And Enforcement Of Security Interest, Act 2002 [SARFAESI], Recovery Of Debts Due To Banks And Financial Institutions Act 1993 [DRT ACT] Banking ombudsman Scheme 2002, BASEL ACCORDS
Banker-Customer Relationship: Meaning of ‘Banker’& ‘Customer’, General & Special features of their relationship, Their rights and duties. Special type of customers, Legal character of Banker – Customer relationship, principles of lending, Concept of KYC.
Electronic banking and IT in banks:IT and Communication Systems – Important features ,Communication Networks in Banking System, Automated Clearing Systems , Clearing House Inter-bank Payment System (CHIPS) , Internet Banking ,Core Banking Solutions (CBS) Computerization of Clearing of Cheques , Cheque Truncation System (CTS)
Role of Central Bank In Payment Mechanism: RBI – Payments and settlements System , Digital Certificate and Digital Signature , Cyber Crimes and Fraud Management : Cyber Crimes ,Classification of Cyber Crimes ,Financial Crimes , Integrated Communication Network for Banks Security and Control Systems , Information System Security (ISS) , Information Technology Act, 2000
SUGGESTED READINGS :
e-RESOURCES :
JOURNALS:
Links:
[1] https://finance.iisuniv.ac.in/courses/subjects/banking-laws-practices-6
[2] https://www.icsi.edu/media/webmodules/publications/9.1%20Banking%20Law%20-Professional.pdf
[3] http://assets.vmou.ac.in/CBIL01.pdf
[4] file:///C:/Users/HP/Downloads/CPG3C_CPW3C_CPZ3C%20Banking%20Law%20Theory%20and%20Practice%20(%20PDFDrive%20).pdf
[5] http://www.palgrave.com/gp/journal/41261
[6] https://www.cribfb.com/journal/index.php/ijfb
[7] https://finance.iisuniv.ac.in/academic-year/2023-2024