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Unit 1: Indian Banking System. 1.1 EVOLUTION OF BANKING IN INDIA. 1.1.1 Banking in India. Banking in India in the modern sense originated in the last decades of the 18th century. The first banks were Bank of Hindustan (1770-1829) and The General Bank of India, established 1786 and since defunct.
UNIT 1 DEFINITION AND FUNCTIONS OF BANKING AND INDIAN BANKING SYSTEM 10 1.1 Definition of Banking & Basics Functions of a Banker 11 1.2 Banking System in India 14 1.3 Reserve Bank of India 19 1.4 Summary 23 1.5 Practice Questions 24 UNIT 2 BANKER & CUSTOMER 32 2.1 Relationship between Banker and Customer 33 2.2 Special Types of Customers 35
This up-to-date text by a dynamic, young author encourages students to critique the financial system without rejecting its many positive attributes. Peruse the book online now to see for yourself if this book fits the needs of your course and students.
2.27 A payment system consists of instruments, banking procedures, and (typically) interbank fund transfer systems that ensure the circulation of money. The payment system is a channel through which shocks can be transmitted across financial systems and markets.
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1. Define Banking 2. Enumerate the various duties of the Banker Lecture on definition of the Bank Functions and duties on the functions of a Banker. Activity – Visit to a bank for a general overview. SESSION -2 BANKING SYSTEM IN INDIA After studying this topic the learners would be able to understand the banking system
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UNIT 1- INTRODUCTION TO BANKING 1.1. Definition of Banking 1.2. Definition of Customer 1.3. Classification of Banks 1.4. Functions of a Bank Banks’ functions can be segregated into Primary and Secondary functions as follows: 1.5. Relationship between Banker and Customer 1.6. Summary: 1.7. Practice Questions UNIT 2- DEPOSIT ACCOUNTS
Bank of New York and an associate economist of the Federal Open Market Committee of the Federal Reserve System. From September 2006 to August 2008, he was a member (governor) of the Board of Governors of the Federal Reserve System. Professor Mishkin’s research focuses on monetary policy and its impact on financial markets and the aggregate ...
