1. BY APTECH MALVIYA NAGAR INSTITUTE Contact Us: 9268000575/74 www.aptechmalviyanagar.com

2. DEFINATION BANKING The business activity of accepting and protecting money owned by other individuals and entities in order to lending out this money to earn a profit. FINANCE Finance is the management of money and other valuables, which can be easily converted into cash. Contact Us: 9268000575/74 www.aptechmalviyanagar.com

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4. PROCEDURE OF BANKING IN INDIA Contact Us: 9268000575/74 www.aptechmalviyanagar.com

5. FUNCTIONS OF RBI Issue of Bank Notes Banker to Government Custodian of Cash Reserves of Commercial Banks Custodian of Country’s Foreign Currency Reserves Lender of Last Resort Contact Us: 9268000575/74 www.aptechmalviyanagar.com

6. ROLE & IMPORTANCE OF BANKING Collections of Savings and Advancing Loans Money Transfer Encourages Savings Transfer Savings into Investment Overdraft Facilities Discounting Bill of Exchange Financing Internal & External Trade Contact Us: 9268000575/74 www.aptechmalviyanagar.com

7. TYPES OF DEPOSIT ACCOUNT Savings Account :- They provide a lot of flexibility for deposits and withdrawal of funds from the account and also have cheque facility. Current Account :- It is a demand deposit and is meant for businessmen to conduct their business transactions smoothly. Fixed deposit Account :- It is an instrument offered by banks which gives a higher interest than a regular savings account. Recurring Deposit Account :- It is a special type of term deposit where you do not need to deposit a lump sum savings rather a person has to deposit a fixed sum of money every month. Contact Us: 9268000575/74 www.aptechmalviyanagar.com

8. TYPES OF ADVANCES/LOANS Demand Loan :- The entire amount is paid to the debtor at one time, either in cash or by transfer to his savings bank or current account. Term Loan :- When a loan is granted for a fixed period exceeding three years and is repayable according to the schedule of repayment. Overdraft :- An overdraft is a fluctuating account wherein the balance sometimes may be in credit and at other times in debit. Contact Us: 9268000575/74 www.aptechmalviyanagar.com

9. Cash Credit :- A cash credit is essentially a drawing account against credit granted by the bank and is operated in the same way as a current account in which an overdraft limit has been sanctioned. Bills Purchased :- Bills, clean or documentary, are sometimes purchased from approved customers in whose favor regular limits are certified. Bills Discounted :- Usance bills, maturing within 90 days or so after date or sight, are discounted by banks for approved parties. Contact Us: 9268000575/74 www.aptechmalviyanagar.com

10. LATEST RBI BANK RATES IN INDIAN BANKING SLR Rate(Statutory Liquidity Ratio)9.5% CRR(Cash Reserve Ratio)4% MSF(Marginal Standing facility)6.25% Repo Rate 6% Reverse Repo Rate5.75% Base Rate 8.65% - 9.45% Contact Us: 9268000575/74 www.aptechmalviyanagar.com

11. IMPORTANT BANKING ACTS OF INDIA Banking Regulation Act, 1949 RBI Act, 1934 Insurance Act, 1938 SBI Act, 1955 Partnership Act, 1932 Companies Act, 2013 Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Contact Us: 9268000575/74 www.aptechmalviyanagar.com

12. FINANCIAL REGULATORS IN INDIA SEBI(The Securities and Exchange Board of India) RBI(The Reserve Bank of India) IRDA(The Insurance Regulatory and Development Authority) PFRDA(The Pension Fund Regulatory and Development Authority) Contact Us: 9268000575/74 www.aptechmalviyanagar.com

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14. ELECTRONIC BANKING Electronic banking is the term that signifies and involves the entire sphere of technology initiatives that have taken place in the banking industry. Electronic banking is a universal term making use of digital channels through telephone, mobile phones, internet etc. for delivery of banking services and products. The concept and scope of electronic banking is still in the transitional stage. Electronic banking has broken the barriers of branch banking. Contact Us: 9268000575/74 www.aptechmalviyanagar.com

15. VARIOUS FORMS OF E-BANKING Internet Banking Automated Teller Machines(ATM) TELE Banking Smart Card Debit Card E-Cheque Contact Us: 9268000575/74 www.aptechmalviyanagar.com

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17. Private Equity and Venture Capital Financial Planning Insurance Public Accounting Corporate Finance Commercial Banking Investment Banking Hedge Funds Contact Us: 9268000575/74 www.aptechmalviyanagar.com

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