Basics of Banking is designed to provide a comprehensive coverage of the principles of banking and other important aspects of banking in India. The subject matter is wide and covers the following topics:

·    Introduction to Banking

·    Banking Regulation

·    Bank-Customer Relationship

·    Types of Customers and their Accounts

·    Negotiable Instruments

·    Fee-Based Banking Services

·    Electronic Banking

·    Basics of Accounting

·    Basics of Bank Marketing

·    KYC Guidelines

·    Role of Direct Selling Agents/Direct Marketing Agents in Marketing Bank Products

Keeping in mind the vastness of the subject and the relative newness of the targeted group to this industry, the subject matter is presented in simple language, and only elaborating where it is absolutely necessary. This book also features summaries, key words, test & answers at the end of each chapter.

This book is meant as courseware for IIBF’s ‘Direct Selling Agents/Direct Marketing Agents’. Since the book is basic in nature and requires no prior knowledge of banking, is should be useful to those who are keen to know about the working of banks with special reference to India.

The Present Publication is the February 2015 Edition, published exclusively by Taxmann for Indian Institute of Banking and Finance. The contents of the book are as follows:

·    Unit 1 – Introduction to Banking

·    Unit 2 – Banking Regulations

·    Unit 3 – Bank Customer Relationship

·    Unit 4 – Types of Customers and Their Accounts

·    Unit 5 – Deposit Accounts

·    Unit 6 – Negotiable Instruments and Related Matters

·    Unit 7 – Loans/Advances

·    Unit 8 – Fee-based Banking Services

·    Unit 9 – Electronic Banking

·    Unit 10 – Basics of Accounting

·    Unit 11 – Marketing of Bank Products

·    Unit 12 – Know Your Customer

·    Unit 13 – Role of DSA/DMA in Marketing Bank Products