CONTENTS

Chapters

UNIT 1: BANKING SYSTEM IN INDIA

(1) Kinds of Banks and their Functions

(2) History of Banking in India 

(3) Bank Nationalization and Social Control over Banking 

(4) Reserve Bank of India Act, 1934

(5) Banking Regulation Act, 1949

(6) Relationship between Banker and Customer

(7) Banking Ombudsman Scheme, 2006

(8) Liability under Consumer Protection Act, 1986

UNIT 2: LENDING, SECURITIES AND RECOVERY BY BANKS

(1) Principles of Lending

(2) Position of Weaker Sections

(3) Nature of Securities and Risks Involved

(4) Default and Recovery

(5) Recovery of Debt due to Bank and Financial Institutions Act, 1993

(6) Securitization and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002

UNIT 3: BANKING FRAUDS

(1) Nature of Banking Frauds

(2) Legal Regime to Control Banking Frauds

(3) Recent Trends in Banking: 

(a) Automatic Teller Machine (ATM) 

(b) Smart Cards

(c) Internet Banking

(d) Credit Cards

(e) Debit Cards

(f) Difference between Debit Card and Credit Card

UNIT 4: INSURANCE LAW

(1) Nature of Insurance Contract

(2) Constitution, Functions and Powers of Insurance Regulatory and Development Authority

(3) Application of Consumer Protection Act, 1986

(4) Life Insurance

(5) Other Kinds of Insurance (General Insurance)

(a) Property Insurance

(b) Fire Insurance

(c) Marine Insurance

(d) Motor Vehicles Insurance

(e) Health Insurance and Medi-Claim

(6) Differences between Commercial Insurance & Social Insurance

(7) Major Highlights of the Insurance Laws (Amendment) Bill, 2015