Banking law and Practices

Paper Code: 
HRG 513
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

The students would be able to acquire knowledge related to functions associated with banking and banking services and technology.

9.00
Unit I: 
Unit 1

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: 
Unit 2

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: 
Unit 3

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: 
Unit 4

Endorsement – Meaning and Types.

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

10.00
Unit V: 
Unit 5

Concept of Financial inclusion and literacy

Banking Regulation act 1949, RBI Act 1934 –Main Provisions 

Essential Readings: 
  • 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
References: 
  • 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: 
2019-2020
  • Printer-friendly version
  • PDF version