Modern Banking TechnologyModern Banking Technology

The book covers the rich experience of the author in the field of banking and finance. The book will be found useful by banks, researchers, Executives / Directors, IT professionals, pursuers of courses on IT by IIBF, viz.

Author: Dr. Firdos T. Shroff

Publisher: Northern Book Centre

ISBN: 817211222X


Page: 246

View: 384

The book on Modern [email protected] Technology is a systematic and comprehensive insight into technology-led banking. It is an encyclopaedia of Banking Technology. The book covers the rich experience of the author in the field of banking and finance. The book will be found useful by banks, researchers, Executives / Directors, IT professionals, pursuers of courses on IT by IIBF, viz., JAIIB / CAIIB / Diploma in Banking Technology / MBA / Certificate Examinations as also by IGNOU / ICAI / ICFAI / ICSI / ICWA / Management Institutions/Universities for practical exposure and professional orientation. The book contains in detail the following ¿Impact on and explosion of Banking Technology in new millennium ¿Innovations in 'Paperless¿ banking¿Payment and Settlement Systems (RTGS) & Cheque Truncations, etc¿Role of IDRBT in development of Protocols and Standards¿Role of IBA and Report on Banking Industry VISON-2010


This edition includes several new topics, such as local area banks, EXIM Bank (Amendment) Act, 2011, stock invest, Factoring Regulation Act, 2011, prepaid payment instruments, GIRO payment, white label ATMs, tablet banking, recent ...


Publisher: PHI Learning Pvt. Ltd.

ISBN: 9788120350328


Page: 476

View: 558

Technological innovations and advancements have spread into every sphere of life and banking is no exception. With competition being tough and fierce, business, especially banking, has to adopt new methods and techniques. Modern banking essentially implies use of modern technology and communication tools, for example, computer and the Internet, for bringing about more efficiency and speed in banking operations and making them more and more customer friendly and customer focused. This accessible and well-written text examines the latest developments in the Indian Financial System and the significant roles the Indian Banking Sector has played in the development of the economy. Thoroughly practical and comprehensive, the book discusses the modern trends in Indian banking, especially its prospects with the use of technology, and other core areas of banking. It covers a wide range of topics such as financial markets and institutions; the role of central banks in different countries, including the role of RBI which is the central bank of India; basic lending principles; methods of remittance; services approach; and micro-credit. Besides, it dwells in details on venture capital, credit rating, modern e-payment systems, core banking, and hi-tech banking. Now in the Second Edition, the book has been thoroughly revised and updated. This edition includes several new topics, such as local area banks, EXIM Bank (Amendment) Act, 2011, stock invest, Factoring Regulation Act, 2011, prepaid payment instruments, GIRO payment, white label ATMs, tablet banking, recent development in priority sector lending, financial inclusion plan, Micro-finance Institutions (Development and Regulation) Bill, 2012, technology in the banking sector, Basel Committee, global economic trends, KYC, rural infrastructure development fund, licensing of new banks in private sector, gold loans, and shadow banking system. Intended primarily as a text for the students of Commerce, this student-friendly text should prove to be extremely useful also for the postgraduate students of Management, Finance, and Economics. It should prove equally useful to students of Chartered Accountancy and those appearing in competitive examinations. The book can also be profitably used by practising managers, bankers, researchers, and all those who would like to acquaint themselves with modern Indian banking, especially the role of banks in the new millennium. Key Features • Coverage is quite comprehensive, with latest data • Lays special emphasis on IT-enabled and technology-based banking practices

Modern BankingModern Banking

This book is a sequel to Modern Banking in Theory and Practice published by
John Wiley & Sons in 1996. It is a sequel rather than a second edition, because it
does substantially more than merely update the 1996 text. In fact, this book has ...

Author: Shelagh Heffernan

Publisher: John Wiley & Sons

ISBN: 9780470020043


Page: 736

View: 601

Modern Banking focuses on the theory and practice of banking, and its prospects in the new millennium. The book is written for courses in banking and finance at Masters/MBA level, or undergraduate degrees specialising in this area. Bank practitioners wishing to deepen and broaden their understanding of banking issues may also be attracted to this book. While they often have exceptional and detailed knowledge of the areas they have worked in, busy bankers may be all too unaware of the key broader issues. Consider the fundamental questions: What is unique about a bank? and What differentiates it from other financial institutions? Answering these questions begins to show how banks should evolve and adapt - or fail. If bankers know the underlying reasons for why profitable banks exist, it will help them to devise strategies for sustained growth. Modern Banking concludes with a set of case studies that give practical insight into the key issues covered in the book: The core banking functions Different types of banks and diversification of bank activities Risk management: issues and techniques Global regulation: Basel 1 and Basel 2. Bank regulation in the UK, US, EU, and Japan Banking in emerging markets Bank failure and financial crises Competitive issues, from cost efficiency to mergers and acquisitions Case Studies including: Goldman Sachs, Bankers Trust/Deutsche Bank, Sumitomo Mitsui, Bancomer

A Simple Explanation of Modern Banking CustomsA Simple Explanation of Modern Banking Customs

Local Collection Department is the recipient of more complaints and
unreasonable requests than any other department of the bank. Any
numberofactual happenings could be set down. Now the law saysthatbanks
shallkeep openduring ...

Author: Humphrey Robinson




Page: 53

View: 975

A Simple Explanation of Modern Banking Customs Many men having constant transactions with the banks do not realize the importance of the choice of a bank; few understand the correct way in which a note should be drawn, or how to determine the exact due date of a sixty or ninety-day note, or acceptance; what "protesting" a note or draft really means, and what effect it has on the drawers or endorsers; the functions of the Clearing House and the simplicity of its methods; why the banks are compelled to pursue a certain course in the collection of paper sent them, even though this course may be very objectionable to the payers; how checks are collected; the effect of certifying a check; and many other details. Also that very few depositors have ever seen a copy of the National Bank Act, or are familiar with the laws governing their own State Banks and Trust Companies. This lack of knowledge of the laws and customs, from which there can be no safe departure, is undoubtedly the cause of many unreasonable requests; assertions of fancied rights; remonstrances, and irritating misunderstandings. This condition should not exist. One explanation for it may be, that the work in a bank is so strenuous, everything having to be accomplished in so short a time, that the officers and employes do not have the opportunity to explain fully the reason why. Many seem to think that the details of banking are very complicated. But there is no mystery about these details. They are very simple and sane. The methods of bookkeeping are really elementary, principally mere addition and subtraction. Of course the science of banking and political economy involves deep and profound study, but these are not treated here, and the writer has attempted merely to give an idea of the daily routine of a bank.

The Aldrich Plan in the Light of Modern BankingThe Aldrich Plan in the Light of Modern Banking

He says : “ A bank note is a bank credit and is a medium of exchange , not a
standard of value . ” Though it may pass from hand to hand , it does not lose its
character of credit instrument . “ The debt is merely shifted to ' bearer , ' and
becomes ...

Author: Ludwig Bendix


ISBN: PRNC:32101066806942


Page: 227

View: 139

Modern Banking Methods as Applied to the Tellers BookkeepersModern Banking Methods as Applied to the Tellers Bookkeepers

The check was credited to the depositor in Chicago , listed on a teller's blotter to
Transit Account , carried by the Transit department among the outstanding items
and , finally , debited to the collecting bank and credited to Transit Account .

Author: George O. Bordwell


ISBN: UOM:39015076037624


Page: 122

View: 553

Transformation of China s Modern Banking System 2 Volume Set Transformation of China s Modern Banking System 2 Volume Set

Communications (Jiaotong Yinhang 交通銀行), the Shanghai Commercial and
Savings Bank (Shanghai Shangye Chuxu ... 監管制度探析) and “The
Development and Implications of the Comptroller System in China's Modern
Banking Industry” ...

Author: Lan Rixu

Publisher: Enrich Professional Publishing Limited

ISBN: 9781623200930


Page: 496

View: 866

The product of more than 10 years of research, Transformation of China’s Modern Banking System provides a detailed study of the evolution of China’s banking system from the late Qing era (1840s) through the Republican era (1930s). ? Transformation of China’s Modern Banking System offers a unique and comprehensive analysis of the financing structure, governance structure, incentive and restraint mechanisms, and structural changes of China’s modern banking system. Lan Rixu uses historical evidence to show how the transformation of China’s modern banking system reflected an acute awareness of the practical reality of modern Chinese bankers. The author details the systematic changes in China’s banking system during the chaotic period when traditional China met the West. ? Transformation of China’s Modern Banking System is a winner of the Second Financial Book Awards, the Golden Goat Awards, co-organized by China Finance, China (Guangzhou) International Finance Expo, and the Finance Affairs Office of Guangzhou.

Ellinger s Modern Banking LawEllinger s Modern Banking Law

The English courts are yet to take this logical final step. The further issue of
whether the customer's demand must also be in writing was, however, left open
by Atkin LJ in Joachimson. In modern banking practice, banks are frequently
prepared ...

Author: E.P. Ellinger

Publisher: Oxford University Press

ISBN: 9780199232093


Page: 948

View: 736

This book looks at the UK banking in the context of general legal doctrines and banking regulation. It draws on Australian, US and Canadian examples and deals with the impact of the recent global financial crisis.