Course Introduction

The banking sector is the backbone of any economy, serving as a catalyst for financial growth and stability. This course offers an in-depth exploration of banking fundamentals, structures, and contemporary practices, providing learners with a holistic understanding of the field. Covering topics from deposit accounts and lending principles to modern banking trends and financial inclusion, this course is designed for anyone aspiring to excel in the dynamic world of banking.

Section-wise Writeup

Section 1: Introduction

This section lays the foundation by defining banking, exploring its evolution, and detailing the core functions of commercial banks. It also highlights the competitive landscape within the banking industry, setting the stage for a deeper dive into its complexities.

Section 2: Banking Structure in India

An exploration of India’s unique banking structure, including scheduled banks and the pivotal role of the Reserve Bank of India (RBI) in regulation and policy-making.

Section 3: Bank Deposit Accounts

This section delves into the essentials of bank deposits, covering the types of deposit accounts, strategies for mobilizing deposits, guidelines for operation, and specialized services like NRI deposits and deposit insurance.

Section 4: Basics of Bank Lending

Learn the principles of lending, loan policies, credit stipulations, and the various types of advances offered by banks. Topics such as project and retail finance, SME loans, NPA classification, debt restructuring, and key regulations like the SARFAESI Act 2002 are comprehensively covered.

Section 5: Bank Investments

Gain insights into bank investments, including statutory reserve requirements, non-SLR investments, treasury management, and the RBI’s guidelines on investment classification and valuation norms.

Section 6: Other Activities of Commercial Banks

This section explores the diverse services offered by commercial banks, such as foreign exchange, electronic payment systems, NRI remittances, merchant banking, and para-banking activities like mutual funds and pension funds.

Section 7: Relationship Between Bank and Customer

Understand strategies for expanding the customer base, catering to different customer groups, and leveraging CRM techniques. The section also delves into the Banking Ombudsman Scheme and competition among banks.

Section 8: Evolving Trends in Modern Banking

Discover the impact of technology on banking, outsourcing non-core activities, and RBI initiatives like financial inclusion, microcredit, and self-help groups (SHGs).

Section 9: Question and Answers

The course concludes with a comprehensive Q&A section to reinforce learning and clarify any doubts.

Conclusion

This course equips learners with a comprehensive understanding of the banking sector. From traditional banking practices to modern innovations, participants will be prepared to excel in diverse roles within the industry.