Banking law and Practices (Theory)

Paper Code: 
ATG/BSG/FSG/BSR/FSM/HRG/IBG 513
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

The objective of this course is to acquire knowledge related to  functioning of banking system andmajor act pertaining to its functioning in India.

COURSE OUTCOMES (COs):

Course

Learning outcome

 (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

ATG/BSG/FSG

/BSR/FSM/

HRG/IBG 513

Banking law and practices

CO 1:UUnderstand the structure and functioning of banking system In India and various types of products and services provided by these banks.

CO 2:TTo apply the knowledge use of technology in banking and various innovative banking channels and payment mechanism.

CO 3:TTo gain knowledge of various negotiable instruments and there uses in banking.

CO 4:KKnow about the concept of endorsement and presentment in case of negotiable instruments.

CO 5:AAcquire knowledge relating to the major Acts pertaining to the functioning of banks in India .

Approach in teaching:

Interactive Lectures, Discussion, Reading assignments, Demonstration, power point presentations

 

Learning activities for the students:

Self learning assignments,   Seminar presentation, Giving tasks

Class test, Semester end examinations, Quiz, Assignments, Presentation, Individual and group projects

 

 

9.00
Unit I: 
Banks
  • Meaning, Types of Banks, Functions,
  • Importance and credit creation.
  •  Banking Products and Services –Types of  Deposits and retail loans.
  • An overview of third party products offered by Banks - mutual funds, insurance, gold and forex services.

 

9.00
Unit 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, POS
  • E- Payment mechanism of Banks -  plastic cards NEFT, RTGS,IMPS,SWIFT, ECS, payment wallets.

 

10.00
Unit III: 
Negotiable Instruments –
  • Promissory note, Bills of Exchange and Cheque and demand draft - Concept, Feature, Parties,
  • Types .Acceptance , Payment and Collection of negotiable instruments
  • Crossing of cheques :- Concept and types of crossing.

 

7.00
Unit IV: 
Endorsement –
  • Meaning and Types.
  • Presentment:-Meaning ,Purpose ( acceptance, sight & Payment)Time and place of  Presentment.
10.00
  • Concept of Financial inclusion and literacy               
  • Banking Regulation act 1949, RBI Act 1934 –Main Provisions 
References: 
  • 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
  • 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
  • TannanM.L.,Banking Law and Practice, Indian Law House, Delhi
  • Bhole, L. M., Financial Markets and Institutions, Tata McGraw Hill, Delhi.

 

 

Academic Year: 
2020-2021
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