Page 4 - DMGT303_BANKING_AND_INSURANCE

SYLLABUS

Banking and Insurance

Objectives: To acquaint the students with various services provided by Banking and Insurance to the business sector and to
provide good understanding of the role and working of the Banking and Insurance.

Sr. No. Description
1. Indian Banking System: Nature, Public and Private sectors Banks in India, Reserve Bank of India: Organisation,
Role and functions, Techniques of credit control
2. Concept of Retail Banking, Corporate Banking and Wholesale banking, Treasury Management, banking Sector
reforms
3. Commercial Banking Operations: Payment and settlement system-New age clearing and New age payment,
RTGS, SWIFT, NTGS, KYC Norms and Anti– Money Laundering, FEMA.
4. Negotiable Instruments: An overview of -Endorsements, Cheques: Payment and collection, Bills of Exchange
and Promissory Notes. Loans and Advances, Priority sector lending
5. Non Performing Assets: Introduction, Provision for NPAs, Management of NPAs, Basel I & Basel II Norms.
6. Innovations in Banking: E-banking, Mobile banking, Overview of Micro Finance, New Products & Services-
Factoring, Securitisation, Bancassurance, Mutual Funds etc.
7. Insurance: Definition & nature, its scope and significance, Indian Insurance Industry, Salient features of IRDA
Act, Life insurance: Annuities, Measurement of risk and Morality Table,
8. General Insurance: Meaning and origin, Nature and growth.
9. Fire Insurance: Meaning, nature, Policies and conditions of fire insurance. Subrogation and Reinsurance; Marine
insurance: Meaning, nature, Principles of marine insurance, Policies and conditions to marine insurance,
10. Accident and motor insurance, Concept of health insurance and Catastrophe insurance