Certificate Course
Department of Management Science
K G College Pampady
Basics of Banking (30 Hours)
Module I (10 hours)
UNIT – I
Origin of banking – Definition – Classification of banks based on operations and size or area of operations. Commercial banks – functions – modern trend in deposit mobilization and lending – Innovative lending schemes – Merchant banking – Credit cards & debit cards – ATM, etc.
UNIT – II
Banker and Customer – Meaning – Definition – Relationship – General and special relationship – Obligation to honour cheque – Lien – Obligation to maintain secrecy of customer’s accounts.
Module II (10 hours)
UNIT – III
Types of deposits – Savings deposit – Current deposit – fixed deposit – fixed deposit receipt and its legal implications – passbook – meaning and maintenance – effect of entries favourable to bankers – special type of customers – general procedure for opening account – minors, limited companies, non-trading concerns – joint account. Types of advances – loan – cash credit – over draft – secured advances – modes of creating charges – lien – pledge – mortgage – hypothecation
UNIT – IV
Cheque – meaning – definition – essentials – crossing – types of crossing – types of endorsement – making – significance – material alternation & immaterial alternation
Module III (10 hours)
UNIT – V
Paying banker – duties – circumstances for dishonor of cheques – collecting banker – duties
Unit-VI
Banking Ombudsman-Short title,commensment ,extend & application,functions,various defenition
