Modern Banking and Insurance : Principles and Techniques

Contents Preface. I. Banking 1. An introduction to banking. 2. Relationship between banker and customer. 3. Structure of commercial banks in India. 4. Customer's account. 5. Banking sectors. 6. Electronic banking. 7. Loans and advances. 8. Priority sector lending. 9. Export credit. 10. Banking legislation. 11. Capital and money markets in India. II. Insurance 12. Risk management in insurance. 13. Introduction to insurance. 14. Life insurance. 15. Fire insurance. 16. Marine insurance. 17. Miscellaneous insurance. 18. Reinsurance. 19. Distribution channels in banc assurance. 20. Development of insurance in India. 21. Legal framework. Glossary. Index. Today's customers expect so much more from their bank or insurance company. Customized low cost 24/7 services personal relationships with providers even one stop shopping around the globe for all their financial needs. Above all they expect to be kept informed. Corporate and investment banking involves advising major organisations on mergers and acquisitions flotations and financial strategy. Graduates are recruited into areas such as analysis customer liaison and dealing. Entry at graduate level is relatively small and highly competitive opportunities may be greater for qualified accountants. Large composite insurance companies are growing ever larger through mergers and takeovers often on an international scale. Graduates are recruited into areas such as actuarial work customer services accounting broking investment management underwriting and claims work. This book first introduces the readers and students to the banking business retail banking international banking internet banking and telebanking including the ATMs debit card and smart cards. After this the book introduces basic concept and governing acts of insurance. Every care has been taken about this book. We have tried to keep the language very simple so that readers are inspired to read on. Every effort has been made to present the discussion in systematic manner. The presentation of each chapter has been made more logical starting with basic issues of each topic and then moving on to refined matters. 404 pp.…