SOLAPUR UNIVERSITY, SOLAPUR, Advanced Banking & Financial System

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1 SOLAPUR UNIVERSITY, SOLAPUR, M.Com. Part- II Advanced Banking & Financial System Group-D Paper-III Modern Banking (w.e.f. June 2015) Semester III 1. Merchant Banking Meaning- Functions of Merchant Banking- Merchant Banking in the Indian Context-SEBI (Merchant Bankers) Regulation, 1992; Regulatory Mechanism, Conclusion-SEBI Role & Functions. 2. Factoring Services A) Definition & Classification of Factoring- Full Factoring; Resource Factoring, Maturity Factoring, Advance Factoring, Undisclosed Factoring, Invoice Factoring B) Measures Taken by the RBI Kalyanasundaram Committee C) Banking Services Vis-à-vis Factoring Services 3. Commercial Banks & Small Scale Industries A) Prime Minister's Rozgar Yojana- Swarna Jayanti Shahari Rozgar yojana (SSRY) - Credit to Micro, small & Medium Enterprises (MSME) Sector B) Master Circular Lending to Micro, Small & Medium Enterprises (MSME) Sector C) Common Guidelines for Priority Sector Advances 4. Mutual Funds & Credit Cards in India Definition, Types of Mutual funds, other funds- Their Progress in India - Response of NRIs to Mutual Funds - Present status of Mutual funds. Performance of credit card business in India. ATM - Debit Cards Vs. Credit Cards - Agricultural Credit Cards.

2 Semester IV 1. The English Banking System A) Commercial Banks History of Banking in the United Kingdom - Highlights of the English Commercial Banking System - Assets & Liabilities of London Clearing Banks - The Life boat Operation & the Banking Act, 1979 B) Regulation & Supervision Financial Services Authority: Financial Services and Markets Act, Financial Stability Committee - The Banking Act, 2009 The Discount Houses The Accepting Houses The Issue Houses Local Authority Financing The National Girobank Trustee Saving Banks Foreign Banks The Parallel Money Markets C) Central Banking The Banking of England - Bank of England & Note Issue - Peel's Act, Nationalization of the Bank of England Act, 1998, - Audit Committee Functions & Role of the Bank of England 2. The American Banking System A) Commercial Banking The Federal Deposit Insurance Corporation - Regulatory & Supervisory Framework - Highlights of the American Commercial Banking System. B) Non- Banking Financial Intermediaries Thrift Institutions; Finance Companies C) Central Banking in the US Background - federal Reserve Banks - Board of Governs - The Federal Open Market Committee - Operations of Federal Reserve System. 3. Banking System in Japan A) Commercial Banking B) Central Banking 4. Changing Profile of Indian Banking A) Changing Profile B) The Challenges Ahead

3 References: 1. Sayer R.S. Modern Banking. 2. Tannan M.L. Banking Law & Practice In India. 3. Srivastawa P.K. Banking Theory & Practice - 11 th Edition. 4. Shekhar K.C. Banking Theory & Practice - 20 th Edition. 5. Radhaswami M & Vasudevan S.V. Banking. 6. Maheshwari S.N. Maheshwari S.K. Banking Law & Practice 7. Reddy Appannaiah Theory & Practice Of Banking. 8. Parameswaran R. Natarajan S. Indian Banking. 9. Deodhar Abhyankar Indian financial System. 10. Dr. M. Bhattacharya & O.P. Agarwal Basic of Banking & Finance.

4 SOLAPUR UNIVERSITY, SOLAPUR, M.Com. Part- II Advanced Banking & Financial System Group-D Paper-IV Technology in Banking (w.e.f. June 2015) Semester III 1. Electronic - Business & E- Banking E-Business - E-Commerce - E-Banking - E-Money - Online Banking - Electronic Data Interchange(EDI) - Mobile Banking. 2. E-Payment, Settlements & Data Communication RTGS - SFMS - SWIFT - CHIPS - CHAPS - CHATS - Cheque Truncation - Major Networks For Data Communication - VAST Network in India. 3. Anytime / Anywhere Banking & Cyber Law Tele Banking - Any Banking - Anywhere Banking - Home Banking - Cyber Law - IT Act, India Evidence Act, Banker's Book Evidence Act, Technology In Banking Computerisation in Banks - The Internet & E-Commerce in Banking - Hi - Tech Banking - Core Banking - ATM Cards - Debits Cards - Advantages & Disadvantages - Credit Cards - Secured Credit Cards - Cirrus Logo - Prepaid Credit Cards - Credit Card Security - Profits & Losses - Credit Cards Numbering. Smart Cards - Contact Smart Cards - Contactless Smart Cards - Cryptographic Smart Cards - Application of Smart Cards.

5 Semester IV 1. Negotiable Instruments Promissory Notes - Bills of Exchange - Cheques - Types of Cheques - Parties to a Negotiable Instrument - Dishonour of a Cheque - -Collection Cheques & Other Instruments. 2. Methods of Remittance Demand Draft - Mail Transfer - Telegraphic Transfer - Banker's Cheques - Traveller's Cheque - Bank Credit Cards - MICR clearing - Bankers Automated Clearing System - Electronic Credit Clearing - SWIFT - Automated Trading System - Electronic Funds Transfer - Digital Payment System - E-Banking - Virtual Payment Systems - Internet Banking - Mobile Banking - Home Banking - Tele Banking - OFFshore Banking - Postal Order - PIO Card Scheme - Gold banking - Reciprocal Line Facilities - Social Banking. 3. Capital Management in Banks & Information Technology A) Narasimham Committee on Banking Sector Reforms B) Capital Adequacy C) Raisin of Capital Fuds in Onerous for Indian Banks D) International Business in Products / Goods / Investment / Services E) Impact of I.T. on Banks F) Impact on Service Quality G) Customer's Aspirations & I.T. H) Impact on Human Resource. 4. Non-resident Indians Deposit Schemes A) Deposit Schemes for NRIs B) FCNR (Banks) C) N.R. (External) Rupee Account Scheme D) N.R. (Ordinary) Account E) Premature Withdrawals & Other Regulations.

6 References: 1 Dr. M. Bhattacharya & O.P. Agarwal Basic of Banking & Finance. 2. Sayer R.S. Modern Banking. 3. Tannan M.L. Banking Law & Practice In India. 4. Srivastawa P.K. Banking Theory & Practice - 11 th Edition. 5. Shekhar K.C. Banking Theory & Practice - 20 th Edition. 6. Radhaswami M & Vasudevan S.V. Banking. 7. Maheshwari S.N. Maheshwari S.K. Banking Law & Practice 8. Reddy Appannaiah Theory & Practice Of Banking. 9. Parameswaran R. Natarajan S. Indian Banking. 10. Deodhar Abhyankar Indian financial System.

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