Banking Law and Practice Paper 1 PDF 2024-25 Veer Narmad South Gujarat University

VEER NARMAD SOUTH GUJARAT UNIVFRSITY, SURAT CLASS: SECOND YEAR B.COM (EXTERNAL) SUBJECT: Banking Law and Practice PAPER I COURSE TYPE: MAJOR -4 CREDIT EFFECTIVE FROM ACADEMIC YEAR 2024-2S ONWARDS OBJECTIVHS: The objective...

VEER NARMAD SOUTH GUJARAT UNIVFRSITY, SURAT CLASS: SECOND YEAR B.COM (EXTERNAL) SUBJECT: Banking Law and Practice PAPER I COURSE TYPE: MAJOR -4 CREDIT EFFECTIVE FROM ACADEMIC YEAR 2024-2S ONWARDS OBJECTIVHS: The objective of the paper is to give broad idea of the law and practice of Banking with special references to india. OUT COMES: After completion of the course, learners will be able to: To make understand about Banker's Customer relationship. Create awareness about various digital platform. To Know how to useful BC/BF Model for public. a Explain the process for payment and collection of customer's cheque. To make them aware about loan process. To know about casa service. COURSE CONTENT: UNITNO CONTENT WEIGHTAGE 1 Banker and customer RelationshiD:Definitionofbanker&customer - general & legal 15 relation of banker and customers -Bankers as borrower -A debt by a banker vs. an ordinary commercial debt -Rights of banker -bankers Lien and right of set off - banke's right to charge interest and commission.-Banker's obligation to maintain secrecy of the customer's accounts- closer of bank accounts - Stop payment- Garnishee order. 2 Digital banking: 15 Meaning of digital banking- Essential of digital banking -Digital banking and Indian scenario-cyber Frauds-Types of Electronic Fund Transfer Systems-POS- Payment Wallet- Kiosks- NPcl (National payent coorporation of india)- History and its prodocts (NUUp, NACH, Upl( 3 Financial inclusion Through BcmF model:NeedforFinancialliterancyandinclusion-BCBF model 15 for Financial inclusion -Scope of activites of BCBF, do's and don'ts- Facilities overdraft, debit card, insurance-Role of BCs/ BFs Financial inclusion. 4 Pavments and Collection of customer's cheaues: 15 Precaution- Payments in due course- When a banker is justified in refusing payment- wrongful dishonor of cheque- countermanding payments of checiues and drafts - protection  given to a paying banker. The banker as holder for value- collecting banker and his customer- precaution- duties of collecting banker- protection given to a collecting banker. 5 Loan and advances: 15 Meaning of loan & advances-principles of sound lending- form of advances- meaning of secured and unsecured loan-Hidden charges -meaning of(APR)annualized percentage Rat-KFS (Key fact statement -CIBIL Score- Meaning- Importance ofcibil score for banks-importance ofcibil score in loan approval process-How to read your cibil report-Good and bad cibil score-cibil score Various series. 6 CASA DEPOSITS: 15 Meaning ofcasa deposits-Importance ofcasa deposits for banks- transaction-services- channels offered by banks for casa accounts holders- benefits of casa deposits to customers- features of casa deposits. 7 Practical Droblems on anv above toDics. 10 Reference books: ® 1.1. Money & Banking -Satish Munjal 2. Banking Law and practice. M.L.Tennan. 3. E-Banking.-Sujan. C. Jain. 4. Inclusive Banking though Business correspondence. (iiBF) 5. Indian Banking industry and Information technology.-R.K. Uppal 6. Banking, Theory Law & Practice.- Sundharam & Varshney. 7. Qf3.Oi 8ioiot u& c2ici€i2. tn3Otitj acicioi. Law and practice of Banking-S.R. Davilr.:..`..``:.. `..` ®