Vikas Banking Theory and Practice

Banking Theory and Practice covers the entire gamut of topics in the field of banking–from its evolution to the latest trends. The Indian banking system is undergoing unprecedented changes as a result of new legislations and reforms in response to the contemporary needs. The present edition has kept pace with these developments, including the changes in legislation, growing globalization of banking, as well as the expansion of the banking business to meet the needs of customers for a wider range of services.

Salient Features:

• Subject matter thoroughly revised and statistical data updated
• Covers the move towards universal banking, virtual banking, green banking
• Includes flexi bank accounts and speed clearing
• Covers Banking Laws (Amendment) Act, 2011
• A new chapter on Financial Stability, especially in the Indian context
• Payments and settlement system and its development in India, including introduction of NEFT, CTS, National ECS, MICR cheques and RTGS