............................................................................................................................
Description
This book is an introduction to banking products and services. It features types of deposit accounts, advances. It also covers retail banking, wealth management and various banking products. The book forms part of the course material provided by Indian Institute of Banking & Finance to the candidates appearing for the paper on "Banking-Products and Services" under their Post Graduate Diploma in Financial Advising (PGDFA) examination. Eminent experts under the guidance of Dr. S.A. Dave, Former Chairman of UTI, have designed the course. The book will be of use to financial advisors who will be addressing needs of widespread investors.
............................................................................................................................
Contents
Chapter One Introduction
About this Topic
• Topic objectives
• Evolution
• Classification of Banks
• Structure of the Banking Industry in India
• Meaning of a Banking Company
• Features of Banking
• Functions of Commercial Banks
• Concept of Universal Banks
• Central Banking
• Role of Reserve Bank of India
• Sum up
• Multiple Choice Questions
Chapter Two Types Of Deposit Accounts
About this Topic
• Topic objectives
• Deposit - General
• Demand Deposits
• Current Account
• Current Deposits Premium Scheme
• Savings Account
• 'No-frills' Savings Bank Account
• Premium or Savings Bank Plus Account
• Deposit at Call Accounts
• Term Deposits
• Recurring Deposits or Cumulative Deposits
• Monthly-Plus Deposit Scheme/Recurring Deposit Premium Account
• Fixed Deposits
• Special Term Deposits
• Hybrid Deposits or Flexi Deposits or Multi Option Deposit Scheme (MODS
• Tailor-made Deposit Schemes
• Deposit Schemes for a particular type of Segment clients
• Special Schemes for Non-Resident Indians (NRIs)
• Advantages of FCNR(B) Deposits
• Payment of Interest
• Other aspects of Deposit Accounts
• 'Know Your Customer' (KYC) Guidelines of the RBI
• Customer Identification Procedure
• Customer Identification Requirements
• RBI Guidelines for Bank Deposits
• Various Types of Customers
• Multiple Choice Questions
Chapter Three
Loan Products And Modes Of Creating Charge On Secured Advances
About this Topic
• Topic objectives
• Credit
• Fund-based credit facilities
• Non-Fund Credit Facility
• Different types of Loan Schemes
• RBI guidelines to Banks for advances
• Modes of Creating Charge
• Multiple Choice Questions
Chapter Four Ancillary Services And Retail Banking
About this Topic
• Topic objectives
• Various Channels of Services
• Ancillary Services
• Cash Management Services
• Foreign Exchange Dealing, Money Market Dealing & Cash Management Services
• Multiple Choice Questions
Chapter Five Risk-Return-Liquidity Of Various Financial Products
About this Topic
• Topic objectives
• Mapping various Financial Products in the Risk-Return-Liquidity space
• Bank Fixed Deposits
• Post Office Time Deposits
• Recurring Bank Deposit
• Post-office Recurring Deposit Account
• Public Provident Fund
• Post Office Monthly Income Scheme
• National Savings Certificates
• Kisan Vikas Patra
• 'Bank charges' and 'Pricing'
• Quoted Interest Rates Vs. Effective Rates
• Investment Products Relating to Money Market
• Money Market Dealing
• Insurance
• Multiple Choice Questions
Chapter Six Wealth Management Services Of Banks
About this Topic
• Topic objectives
• Wealth Management
• Basics of Assets Allocation
• Understanding Asset Allocation
• Wealth Accumulation
• Wealth Preservation
• Wealth Transfer
• Financial Planning
• Retail Banking and Wealth Management Services
• Financial Counselling
• RBI Guidelines
• Banking Codes and Standards Board of India (BCSBI)
• Banking Ombudsman
• Multiple Choice Questions
Case studies
............................................................................................................................
Author Details
Indian Institute of Banking & Finance (formerly The Indian Institute of Bankers) was established in 1928. With more than 750 Institutional members and over 2.5 lakh individual members, it is the largest Institute of its kind in the world and is working with a mission "to develop professionally qualified and competent bankers and finance professionals primarily through a process of education, training, examination consultancy/counselling and continuing professional development programs”. The Institute has almost all the banks and financial institutions, public sector, private sector, foreign, cooperative, regional rural banks as members in addition to IT companies and individuals working in the banking and finance sector. The Institute is managed by a Governing Council consisting of Chairmen of different banks and eminent academicians. It offers a number of professional courses in banking and finance.
The flagship programs of the Institute are JAIIB and CAIIB. Other specialised courses are 'Diploma in Treasury, Investment & Risk Management' ,' Diploma in International Banking',' Diploma in Banking Technology' and 'Post Graduate Diploma in Financial Advising'. These programs aim at building skill sets and developing the competence among specialist officers of banks and financial institutions.
............................................................................................................................
