Principles and Practices of Banking - Softcover

IIBF

9780230636118: Principles and Practices of Banking

Softcover

ISBN 10: 023063611X ISBN 13: 9780230636118

Publisher: Palgrave MacMillan, 2008

About the bookprinciples and practices of banking is a detailed guide on all the basic principles and practices in the banking and financial sectors of india. The development of banking industry in india is given a thorough overview right from its birth to the present state. The book also lays its views on the challenges encountered by the banking sector in these changing times, the steep development of technologies that help in secured and effective banking operations and the rules and regulations brought in by the reserve bank of india in providing financial stability and protecting the depositors. Principles and practices of banking is a very important book for anyone willing to get their fair share of unbiased knowledge about the banking sector in india. The book is a product of indian institute of banking and finance. The style of writing in the book is perspicuous and the information precise without redundancy. The book starting from foreword is divided majorly into four modules. Module a is titled indian financial system. This module starts with the general scenario of indian financial system. Then it moves on to speak of banking regulations; retail, wholesale and international banking. It then covers the roles and functions of capital market, mutual funds and insurance companies. The module also covers alliances, recent developments and risk management. Module b is titled functions of banks. This module covers a wide range of banking functions such as customer relationship, payment and collection of cheques, ancillary services, agricultural finance, self-help groups, loans, collaterals and the likes. Module c is titled banking technology. This module explains different technologies used in the functioning of banks and their importance. Module d is titled support services - marketing of banking services/products. This module explains about marketing in detail.

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