Types of banks in operation – Role of Reserve Bank and GOI asregulator of banking system – Provisions of Banking Regulation Act & Reserve Bank of India Act
Types of relationship between banker and customer – Bankers obligationsto customers – Right of lean, setoff, appropriation– Provisions of Negotiable Instrument Act, 1881 – Bankerslegal duty of disclosure and related matters
Opening- operation – KYC norms and operation – Types of accounts andcustomers – Nomination – Settlement of death claims
Home banking – ATMs- Internet banking – Mobile banking- Core banking solutions –Debit, Credit, and Smart cards – EFD – RTGS
Exchange rates – Documentary letter of credit – financing exporters and importers –ECGC Policies and guarantees
Types of loans – Overdraft facilities – Discounting of bills – Financing book dates andsupply bills- Charging of Security bills- pledge – mortgage – assignment.
Elements of Insurance Risk – Players in Life and Non-Life Insurance sector –Insurance documents – Role and responsibilities IRDA – Provisions of Insurance Act 1938 – InsuranceOmbudsman.
Types of Insurance – Life Insurance and General Insurance Products including unit linked plans – Re-Insurance – Nature of Re-Insurance risk – Legal framework of life and general insuranceBancassurance- concepts – critical issues – functional aspects – Indian Scenario – Future Prospects –InsuranceAccounting – Financial Analysis and valuations- Solvency and performance measures.