Principles and Systems of Banking

This book provides students with a sound knowledge of the Indian banking system. It provides comprehensive coverage of all the theoretical concepts and practices of banking in a way that beginners are able to comprehend the subject with ease. The book explores the details of money and banking, monetary policy, the financial system in India, and the evolution of banking, including the modern banking system and structure. The book also deals with present day commercial banking, development banking, co-operative and rural banking, central banking, the Reserve Bank of India and the Banking Regulation Act. In the latter part of the book, the text provides in-depth coverage of the sources and uses of funds, emerging trends in banking, project financing, factoring services, merchant banking, venture capital, e-banking/internet banking/online banking and the banking ombudsman scheme.