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BANKING - LAWS AND PRACTICE
Course Objectives:
This course will enable the students to develop a robust knowledge base pertaining to significant facets of Banking Sector among those students who wish to pursue a career in Banking Sector.
Course Outcomes (COs):
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Course |
Course Outcomes |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course Title |
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BCS 613 |
BANKING - LAWS AND PRACTICE |
CO 217:Develop an understanding about the Indian Banking system and its regulatory framework. CO 218:Explore the concept of Banking operations and Digital banking. CO 219:Evaluate the various government schemes relating to banks and understanding the roles and duties of paying and collecting banks in relation to negotiable instruments. CO 220:Appraise the framework developed by banks for protecting the consumers and developing a simple method for calculating interest and annuities. CO 221:Demonstrate knowledge of different banking operations relating to performing and non performing assets, analysing the financial statements of bank and assessing the risk management policies adopted by banks. CO 222:Contribute effectively in course – specific interaction. |
Approach in teaching: Learning activities for the students: |
Class test, Semester end examinations, Quiz, Assignments, Class interaction, Presentation, Case study analysis, Open ended questions, think-pair-share, Socratic seminar |
Overview of Indian Banking System: Indian Banking System – Evolution, Reserve Bank of India and its role, Structure of Banks in India, Other Financial Institutions in India
Regulatory Framework of Banks: Legislations applicable to Banking Sector in India, Salient features of legislations applicable to Banking Sector in India
Control over Organization of Banks :Powers of Reserve Bank of India, Licensing of Banking Companies, Shareholding in Banking Companies, Subsidiaries of Banking Companies, Board of Directors of Banking Companies - Restrictions on Employment, Control over Management, Governance Practices in Banking Companies
Banking Operations :, Transactions in Banks, Know Your Customers (KYC) Documents, Verification and authentication of documents for KYC, Operational aspects in regard to opening of all types of accounts, Scrutiny of loan applications / documents, Operational Aspects of CBS Environment, Back office operations in banks, Handling of reconciled entries in banks
Digital Banking :, Digital Banking, Components and architecture of CBS, Core Business Processes Flow and relevant risks, Controls Reporting System and MIS Data Analytics and Business Intelligence, Overview of Banking services and IT related risk and controls
Payment and Collection of Cheques and Other Negotiable Instruments (NI):Salient features of Negotiable Instruments Act, Role & Duties of Paying & Collecting Banks, Endorsements, Forged Instruments, Bouncing of Cheques, Return of Cheques, Cheque Truncation System (CTS)
Various Government Schemes : Pradhan Mantri Jan DhanYojana (PMJDY), Sukanya Samriddhi Yojana, MUDRA Bank Yojana, Pradhan Mantri Jeevan Jyoti Beema Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), Atal Pension Scheme, Other Government Scheme
Consumer Protection: Operational Aspects of Consumer Protection Act, Banking Ombudsman Schemes
Advances, Securities and Documentation: Types of Borrowers, Types of Fund Based Credit Facilities, Types of Non Fund Based Credit Facilities, Credit Score Authenticity, Information Utility (IU), Types of Securities, Types of Charges, Types of Documents, Stamping, Limitation, Securitisation
Calculation of Interest and Annuities :Fixed and Floating Interest Rates, Calculation of Simple Interest & Compound Interest, Calculation of Equated Monthly Instalments, Calculation of Annuities, Interest Calculation using Products / Balances, Amortisation of Debt, Sinking Funds
Performing & Non Performing Assets: Classification of Bank Assets, Income Recognition Norms, Provisioning Norms, Corporate Debt Restructuring (CDR), Asset Reconstruction Companies (ARCs)
Analysis of Financial Statements of Banks: Analysis of Financial Statements of Banks, Disclosure Requirements of Banks, Additional Disclosures prescribed by Reserve Bank of India (RBI)
Risk Management in Banks and Basel Accords: Introduction to Risk Management, Types of Risks in Banking Sector, Reporting of Banking Risks, Risk Adjusted Performance Evaluation Basel- I, II & III Accords, Risk Weighted Assets, Role of RBI in Risk Management in bank, Risk Based Internal Audit in Banks (RBIA).
SUGGESTED TEXT BOOKS:
Study Material Published by ICSI
SUGGESTED REFERENCE BOOKS:
Scanner-Arun Kumar(ShuchitaPrakashans(P) Ltd)
e-RESOURCES:
https://www.icsi.edu/media/webmodules/ICSI%20New%20Syllabus%202022.pdf
