Description:

This up-to-date and student-friendly text describes, with great clarity and precision, the role of banking and insurance sectors in the Post-Covid scenario and ongoing Global phenomenon. The Third Edition, while retaining the fundamental concepts of the earlier edition, has been enlarged making it more informative. Also, various sections have been updated in alignment with the latest rules and regulations in Banking and Insurance.

Designed primarily as a textbook for the undergraduate students for their course in banking and insurance, this concise and informative text is useful to the students of management, commerce and those aspiring for careers in banking and insurance sectors.

NEW TO THE EDITION

The new edition incorporates Recent changes in Laws relating to:

Bank Mergers and Bad Banks

Amendments to the Banking Regulation Act 2012, 2017, 2020

Payment systems (UPI, IMPS, NEFT, RTGS)

Functioning of Co-operative Banks

Amendments in Life Insurance Policies, Consumer Protection Act and Insurance Act.

KEY FEATURES

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

Contains many examples, illustrations, and other pedagogic features.

Provides numerous end-of-chapter review questions.

Gives important abbreviations and real-life cases.