Learning outcomes:
• Understanding the role of primary market in Indian financial market
• Understand banking structure and .banking operations in India.
• Know various financial services offered by bank.
• Understand the key concepts of insurance.
• Comprehend the fundamental principles and different types of insurance.
Equity Market
Initial Public Offer (IPO), Book Building through IPO, Eligibility for IPOs, Pricing of Issues, cost of Public issue, Right issue- characteristics, procedure, value of right share, preferential Allotment , Private Placement of equity and debt.
Indian Banking System: Evolution and structure of Indian banking system.
Central Banking- Evolution, Concept & Functions, Credit control- Methods and objectives.
Commercial Banks: concept & functions, Types of commercial banks, role of commercial banks in economic development.
Electronic banking: Introduction, elements of E- Banking, Process, importance Limitations. Types of risk associated with E- banking, traditional banking vs Internet banking, need and drivers of internet banking, , advantages and disadvantages.
MobileBanking- Introduction, challenges, Benefits
Risk and Insurance: Introduction to risk, Types of risk involved in Insurance, concepts of Insurance, principles of Insurance, Types of Insurance- Life insurance and General Insurance – Marine Insurance and Fire Insurance. Duties and Functions of IRDA.
Life insurance: characteristics, types, principles, Parties to life insurance contract, conditions and terms of policy.
General insurance: Features, principles, Types of general insurance
Fire Insurance: Scope, characteristics, conditions, types of fire insurance policy, procedure of taking a fire insurance policy, claim settlement procedure in fire insurance policy.
Marine Insurance: Types, conditions, methods for premium calculation, claim settlement procedure in marine insurance policy.
• Principles of Banking, Macmillan (India) Limited, New Delhi
• General Banking Management, Macmillan (Indian) Limited, New Delhi
• Banking and Finance, Jain Khanna Tiwari, VK India Enterprices, New Delhi
• Sharma N.K. , R. Antony & Podder S.K., Banking and Insurance, Himalaya Publishing House
• Gordon & Gupta, Banking and Insurance, Himalaya Publishing House
• Singh Gurmeet, Kamal Neel & Goyal Alok, Banking and Insurance, VK Global Publications Pvt. Ltd.
• Pathak Bharti V, , Indian Financial System, Pearson Education, New Delhi
• Rajda George, Principles of Risk Management and Insurance, Pearson Education, New Delhi.
• Banking in India, Khan Masood Ahmed, Anmol publication, New Delhi