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ELEMENTS OF BANKING AND INSURANCE


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ELEMENTS OF BANKING AND INSURANCE

Edition : SECOND EDITION
Pages : 484

Print Book ISBN : 9788120346574
Binding : Paperback
Print Book Status : Available
Print Book Price : 895.00  671.25
You Save : (223.75)

eBook ISBN : 9789390464739
Ebook Status : Available
Ebook Price : 895.00  671.25
You Save : (223.75)

Description:


The emergence of the financial sector has brought unprecedented changes in the principles, practices and legal framework of the banking and insurance sectors. This up-to-date and student-friendly text describes, with great clarity and precision, the role of banking and insurance sectors in the current era of globalization, privatization and liberalization.

The book first introduces the readers to the banking business, retail banking, international banking, Internet banking and tele-banking, including the ATMs, credit, debit and smart cards. Then it goes on to give a detailed description of enterprise risk management (ERM), life insurance plans, insurance rating methods and claims settlement in life insurance. The text concludes with a discussion on insurance intermediaries and their functioning, the legal framework, as well as major players in the Indian insurance industry and future trends of the industry.

The second edition has been substantially updated and includes a new chapter on Practical Banking, which discusses cheques, drafts, core banking solution and banking ombudsman.

This book is recommended in Assam Institute of Management, Assam, St. Xavier College, Ranchi, Birla Institute of Technology, Patna.

The text is interspersed with many examples and illustrations, and other pedagogic features. It is designed primarily as a textbook for the undergraduate students (BA) for their course in banking and insurance. Besides, it will prove to be a handy reference for students of management, commerce and those taking banking and insurance courses.

KEY FEATURES 1. Acquaints the students with most recent developments in banking and insurance sectors

2. Provides numerous end-of-chapter review questions

3. Gives important abbreviations and real-life cases

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