CBCS – Banking and Insurance Services – Business Environment

Objective: The objective of this paper is to create awareness about the Banking and Insurance services which are rendering service in India.

Unit —  I: Banks Definition, Function of Banking, Types of Banks Classification of Banks Safety – Liquidity- Profitability and Productibility, Reserve Bank of India Functions of RBI Credit Control. Regional Rural Bank Role of RRB-Nature Capital -organisation Function. -Co-operative Banks : State Co-operative Bank-District Central Co-operative Banks- Urban Co-operative Banks.

Unit —  II: Banking Services Commercial Banks -Functions -Accepting Deposits Lending of Funds, E-Banking, ATM Cards Debit Cards, Personal identification Number Online Enquiry and update facility- Electronic Fund Transfer-Electronic Clearing System.

Unit —  III: Insurance Definition- Nature and scope of Insurance Types of Insurance Life Insurance: Concepts and Nature -Types Life Insurance Products Certain and Uncertain Benefits Life insurance Contracts Settlement options -Taxation and Life Insurance Growth of Life Insurance in India Health Insurance Health Insurance Policies Types of Disability Insurance Coverage Group Life and Health Insurance.

UNIT-IV: General Insurance: Concept es Principles Insurance Coverage Fire insurance, Automobile Insurance and coverage Distribution Channels Insurance General Insurance in India Insurance Regulatory and Development Authority (IRDA) Act.

1. Guruswamy, Financial Services and Markets, Thomson, New Delhi

2. Pathak: Financial Markets and Services, Pearson Educations.

3. Gordon and Natarajan, Financial Markets and services, Himalaya Publishing House, New Delhi

4. Avadhani, Marketing of Financial Services, Himalaya Publishing House.

5. of Risk Management and Insurance (Seventh Edition) Pearson Education

6. Koteswar G., Risk management and insurance and derivatives, Himalaya Publishing House, New Delhi

7. P. K. Gupta. Insurance and Risk Management Himalaya Publishing House .,New Delhi.

8. T.T Seth – Insurance Principles and Practices S. Chand New Delhi