Page 248 - DCOM208_BANKING_THEORY_AND_PRACTICE

Unit 14: Core Banking Solution

10. Explain merger and acquisition in Indian perspective. Notes
11. What is global banking activities? Discus its key points.
12. Write short notes on:
(a) AML

(b) ALM

Answers: Self Assessment

1. Nerve centre 2. Less; accuracy
3. Real time gross settlement 4. INFINET
5. 2 lacs 6. National Electronic Funds Transfer

7. No limit 8. Electronic Funds Transfer
9. Direct 10. Composition of assets and liabilities.
11. Feb 1999 12. Placement, layering; integration
13. Integration 14. Automated
15. Security 16. False

17. False 18. 2008; 2011
19. Cost; time 20. Mergers, acquisitions
21. Efficiency, Profitability; Synergy 22. Amalgamation

23. Acquiring company
24. Competitors are eliminated from the banking industry

14.15 Further Readings

Books Hajols. T. N (2009), “Money and Banking”, Gopaljee Enterprises.
Muraleedharan, D (2009), “Modern Banking: Theory and Practice”, PHI Learning
Pvt. Ltd.
Rajesh, R, Sivagnanansithi, T (2009), “Banking Theory: Law and Practice”, Tata
McGraw Hill Publishing Company Ltd.

Shekhar, K C (2009), “Banking Theory and Practice”, Vikas Publishing House
Pvt. Ltd.

Online links http://bankingindiaupdate.com/cbs.htm

http://www.rbi.org.in/scripts/FAQView.aspx?Id=65
http://www.unionbankofindia.co.in/rtgs.aspx
http://www.legalserviceindia.com/article/l325-E-Cheque-System-in-
India.html

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