Banking Law and Practices

Paper Code: 
HRG 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 and major act pertaining to its functioning in India.

Course Outcome (COs):

 

Course

Learning Outcome (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

HRG 513

Banking Law and Practices
  1. UUnderstand the structure and functioning of banking system In India and various types of products and services provided by these banks.
  2. TTo apply the knowledge use of technology in banking and various innovative banking channels and payment mechanism.
  3. TTo gain knowledge of various negotiable instruments and there uses in banking.
  4.  Know about the concept of endorsement and presentment in case of negotiable instruments.
  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

 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

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.

 

9.00
Unit III: 
Negotiable Instruments

 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

Endorsement –

·        Meaning and Types.

Presentment:- Meaning ,Purpose ( acceptance, sight & Payment)Time and place of  Presentment.

10.00
Unit V: 
Financial Inclusion and Literacy

Unit V: 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
  •     Tannan M.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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