Banking – Definition – Banking system – Role of Banks in Economic Development – Central Bank – Functions – Credit control measures – Role of RBI in regulatory and controlling banks.

E-Banking – meaning – E-banking and financial services – Risk management for E-banking – Internet Banking – Mechanics of Internet Banking – Drawbacks of Internet Baking – Future outlook.

Mobile Banking – meaning – Services – Security issues – Telephone Banking – Mechanism – Telephone Banking system – call centers.

ATM – Features – mechanism – functions – importance’s – Shared ATM Network in India – Electronic Money – Mode of Issue and Implications – E-money and monetary policy – policy issues of RBI – Electronic Funds Transfer system.

Indian Financial Network – features – Application – Recent trends in Indian Banking – Negotiable Instruments – Characteristics – types – Paying Banker – Collecting Banker – Rights and Duties.