Banks are venturing in the new areas and are broadening their horizons. Banks have entered into the field Insurance, Venture capital, Cash management, introduced innovative products and services and have become customer-oriented. With the help of information technology, banks have implemented `Internet banking,` Core Banking Solution` and have revolution the entire operations. Banks have changed their image and have transformed them into a young and energetic bank. With the opening if new generation technological savvy bank in the private sector, bank in India are now operating in a competitive environment. Content - 1. Moving Down the Memory Lane 2. Nationalisation of Banks 3. Other Important Banking Institution 4. Introduction to Modern Management 5. Corporate Planning 6. Organising 7. Directing 8. Controlling 9. Management of Credit and Investment 10. Marketing Management In Banks 11. Human Resources Management in Banks

Rapid progress of information technology and greater collaboration among financial regulators has led to closer links in the international capital markets. As global capital markets have become more integrated, global firms have moved to establish a local presence in major financial markets around the world. To enhance this presence, larger sums of money are moving across borders, and more countries have access to international finance. The business of investment banking is extremely competitive and is trending towards one-stop shopping and globalization. Investment banks no longer engage in investment banking operations only; they have ventured into other areas of financial services to meet clients` demands for one-stop shopping. Today, Investment banking includes a wide variety of activities, including underwriting, selling, trading securities, private placement, providing financial advisory services, managing hedge funds, mergers and acquisitions, venture capital, private equities, market making, structured finance, syndication functions. Investment bank facilitate to various group of stakeholders, companies, governments, non-profit institutions and individuals to raise funds in the capital market. The key objective of this book is to provide students and business professionals an insight into the principles, operational policies and practices of the investment banks, to put the investment banking business in India in a perspective way to occupy a significant and distinctive competitive position in the minds of the investors and enhance investor`s confidence in the coming years. The book Investment Banking-Text & Cases is designed to use as an academic text for MBA students, M.Com. students, MFC students, CFAs, CAs, Ph.D. Students, researchers and academicians. Also it is used as a professional reference for business professionals The book entirely covers the healthy theme of investment banking. The Chapters that are included in this volume would go a long way of great value and useful to students, research scholars, academic community as well as corporate world. The text is presented in a rational manner and easy language to meet the specific needs of the object group. Contents : Chapter 1 : Investment Banking Chapter 2 : Equity Markets, Bond Market and Private Placements Chapter 3 : Initial Public Offerings Chapter 4 : Stock Valuations Chapter 5 : Mergers, Acquisitions and Reorganizations Chapter 6 : Venture Capital Chapter 7 : Private Equity Chapter 8 : Leveraged Buyout − LBO Chapter 9 : Mezzanine Financing Chapter 10: Structured Finance Chapter 11: Loan Syndication Chapter 12: Stock Broking Chapter 13: Hedge Funds References Acronym

Economic reforms which the country has been witnessing for over the last one-and-half decades have radically transformed the operational environment of the banking industry. With competition as a driver and a key to success in the sector, bankers have no option except to locate new businesses, products and services. Innovations in Bank Credit have become the order of the day to attract new clients and protect existing ones. With deregulation of the banking sector, opportunities alone have not come about, but also risks associated with such opportunities have increased enormously, 'Therefore a thorough understanding of the essentials of bank credit is indispensable for the credit to remain performing and the bank to stay ahead in business. An attempt is made in the book to give the reader knowledge on bank credit, right from what it is to how it should be delivered. The book contains case studies and in-basket exercises which make the reader to analyze practical situations involving bank credit. The book intends to meet the requirements of the students of Master of Business Administration, Banking and Finance course of a different Indian Universities and the practicing professionals in the banking sector. Credit is the lifeline of trade, industry and commerce. Infusion of credit to the sectors of the economy is as important as that of understanding the needs of the sectors and dispensation of the credit in required quantum and in appropriate time. A Banker has to be practical as well as prudent while enabling credit to the needs of the industry. The concept of Credit Management is undergoing unimaginable changes. From the days where bankers were shy of expanding credit, they have reached a stage where they would like to find new avenues of credit. Credit innovations are emerging in the industry. The Book has been divided in to four units with each unit discussing each segment of credit. In the First Unit, Essentials of Bank Credit, Evaluation of Bank Credit, Execution of Bank Credit with suitable illustrations, examples and case analysis are discussed. The Second Unit is devoted to the discussion on Priority Sector Financing and emerging areas in the field of micro credit innovations. The Third Unit concentrates focus on the international relevance of credit, such` as Export Credit, Import Credit, rules, policies, procedures governing Foreign Exchange Credit. The Fourth Unit of the book focuses its attention on understanding Performing Credit, Non-performing Credit, Reserve Bank of India`s concern on credit analysis and gaps by the bankers, credit recoveries, strategies and the mechanism put in place for recovery of credit in the sector. The Fifth Unit of the book deals with the key master circulars/guidelines of the apex monetary body, i.e., Reserve Bank of India. The Sixth Unit of the book gives an insight into the financial terms at a glance besides in-basket exercises and case studies on Credit Management. Contents : Unit I : Bank Credit Chapter 1 Loan Policy and Principles of Bank Lending Chapter 1.1 Golden Rules for a Good Credit Chapter 1.2 Identifying the Borrowers and Projects Chapter 1.3 Preparation of Proposal and its Presentation Chapter 1.4 Types of Forms of Bank Advances Chapter 1.5 Types of Securities and Attributes of a Good Tangible Security Chapter 1.6 Financial Analysis of a Proposal Chapter 1.7 Broad Aspects of Project Appraisal and Lending Decision Chapter 1.8 Working Capital Assessment Chapter 1.9 Break-even Analysis and Capital Budgeting Chapter 1.10 Bank Documentation Chapter 1.11 Various Methods of Creating Charge Over Securities Chapter 1.12 Insurance Chapter 1.13 Loan Pricing Chapter 1.14 Risk Management in Banks Chapter 1.15 Credit Risk Rating Chapter 1.16 Credit Monitoring Arrangement and After Chapter 1.17 General Board Format Used by the Leading Banks for Processing of Major Loan Proposals-Model ABC Bank Unit II : Bank Credit Chapter 2 Priority Sector Chapter 2.1 Financing Agriculture Chapter 2.2 Self Help Groups and Bank Linkages Chapter 2.3 Micro Finance-Conceptual Framework-Indian Context Chapter 2.4 Micro Finance-International Scenario Unit III : Bank Credit Chapter 3 Non-fund Based Finance-Letter of Credit Chapter 3.1 Types of Letter of Credit Chapter 3.2 Export Finance Chapter 3.3 INCO TERMS 2000, UCP 600, URR 525 Chapter 3.4 External Commercial Borrowing Unit IV : Bank Credit Chapter 4 Reserve Bank of India`s Observations on Deficiencies Found in Sanctioning of Loans and Monitoring of Borrowal Account by Banks/Financial Institutions Chapter 4.1 Post Disbursal Follow Up, Monitoring of Credit and Compliance Parameters Chapter 4.2 Non-Performing Assets, Provisioning Norms, Recovery of Advances and Seizure Chapter 4.3 Recovery Measures in Banking Sectors Unit V : Bank Credit Chapter 5 Master Circular on Exposure Norms Chapter 5.1 Master Circular-Exposure Norms for Financial Institutions Chapter 5.2 Master Circular on External Commercial Borrowings and Trade Credits Chapter 5.3 RBI Guidelines on Issuance of Commercial Paper-2012 Chapter 5.4 RBI Guidelines on Micro, Small and Medium Enterprises

Kautilya`s 'Arthashastra' describes the qualities of a person with whom the people should keep their valuables when travelling abroad. It means the practice of depositing valuables including money was prevalent even in those times. The credit was used in agriculture in Mesopotamia in 3000 B.C Even the derivatives are not new, future contracts were traded in Amsterdam exchange in the 17th century. Bank lending and investment of money is as old as civilization. The lending is considered as most important function of the bank. The demand for financial assistance from the bank is increasing day by day. Term Leading is being undertaken on a large scale. The Government is also insisting that the banks play an important role in rural credit. During the last few years, enormous changes have taken place in the economic environment and in turn in the banking sector too. New concepts have evolved. The old security-based approach has changed to need-based approach. This has increased the risk and responsibilities on the part of the banks. Basically, the lending area is sensitive in nature and therefore, the bank has to be very careful while giving an advance right from the beginning i.e. the selection of borrower till the amount is fully recovered with interest. If proper care is not taken and timely follow up is not done, it will take no time to turn the accounts into Non-Performing Assets (NPAs) which is considered as great concern of most of the bank in the present banking scenario. Contents : 1. Introduction 2. Employment of Bank`s Funds 3. The Basic Principles of Lending 4. The Study of The Borrower 5. Type of Borrowers 6. Forms of Advances (Fund-Based) 7. Forms of Advances 8. Security for Advances 9. Modes of Charging Securities 10. Advance against Various Securities 11. Study of Financial Statement (Ratio Analysis) 12. Study of Financial Statement (Flow Analysis) 13. Working Capital Finance-Assessment of credit Requirements 14. Working Capital Finance-Recommendations of Various Committees 15. Documentation 16. Credit Monitoring 17. Recovering Mechanism 18. Industiral Sickness 19. Non-Performing Assets 20. Securitisation

As difficult and complex the concept of health insurance may seem at times, there are things you can do to understand the basics of health insurance better. This book presents the current state of health insurance in India and answers he key questions like these and manymore. What is health insurance? Why do we need health insurance? How to choose health insurance wisely and cost-effectively? Government Health Insurance Initiatives – their reach and limitations. Health Insurance Distribution Model. Read the book to choose wisely and not to be fooled by jargons. Contents - 1. Introduction 2. History of Health Insurance 3. Evolution of Insurance in India 4. Health Insurance and its Dimensions 5. Need of Health Insurance in India 6. Availability and Status of Various Health Insurance Products Offered by Different Health Insurance Companies 7. Performance Evaluation of Health Insurance Business of Different Health Insurance Companies in India 8. The Pricing Structure of Various Health Insurance Products in the Relation to their Features and Benefits to the Customers 9. The Premises of Health Insurance in India Today 10. Rashtriya Swasthya Bima Yojna (RSBY) 11. New Horizon of Health Insurance 12. Ayushman Bharat Pradhan Mantri Jan Arogya Yojana, 2019 Bibliography List of Abbreviations

The book ‘Deposit Insurance in India’ is an essay on: - The origin of deposit insurance in India, - The subsequent developments, and - The reforms in the deposit insurance system. The book reflects the author’s scholarship and experience on the subject. Perhaps the first of its kind, the book may be viewed as an attempt at bridging the knowledge gap in the 'financial literacy movement' as far as deposit insurance in India is concerned. Contents : Chapter 1 : Objective and Scope of Deposit Insurance Chapter 2 : The Global Scene Chapter 3 : Deposit Insurance in India Chapter 4 : Deposit Insurance Reform in India Chapter 5 : Core Principles for Effective Deposit Insurance Systems and India's Position Annexure 2.1: Best Practices for an Explicit System of Deposit Insurance System in Normal Times and Department from Them Annexure 2.2: FDIC – A Model Annexure 3.1: Recent Policy Initiatives

Insurance is now fast growing area of academic study or profession. The recent financial crisis has witnessed the indispensable in the professionals in the area of risk management. Due to the complexity of the dynamic environment, new insurance products are evolving as well as the existing business models of insurance companies are undergoing significant change. After liberalisation of the economy, large number of alternative products and financial services have evolved that paved the way for the potential and unconventional entrants to penetrate to penetrate the financial market through innovative higher product profile and portfolios, resulting into a sudden spurt in the demand of insurance professionals. The study of insurance as an academic discipline in new form is an obvious outcome. More and more academic institutions all over the countries are offering highly specialised insurance programmes to cater to this demand. The book is organised into 4 units. Unit I introduce the concept of risk management to the readers. It conceptualizes the risk definitions, class of risk and the methods of handing risk and attempts to provide an overall view of the risk management and control systems. Unit II deals with various aspects of insurance management. Chapter 3 and 4 give a framework of insurance basics and underlying principles respectively. Chapter 5 has been deliberately introduced to give an idea of insurance mathematics. Chapter 6 and 7 deal with the insurance legal framework. Chapter 9 and 10 deal with underwriting and rating of insurance products. Unit III deal with the life insurance business covering the life insurance players and products, claim settlement and procedural aspects, group insurance management. Unit IV focuses on non-life category. It cover the history of general insurance, the players and their performance, product wise the various non-life insurance categories. Attempt has been made to provide the statistics to the maximum possible extent. Contents : Unit I : Risk Basics 1. Concept of Risk 2. Risk Management and Control Unit II : Insurance Management 3. Insurance Basics 4. Principles of Insurance 5. Mathematical Applications 6. Insurance Contracts and Provisions 7. Insurance Laws 8. Insurance Business and Economic Environment 9. Underwriting Process and Methods 10. Rating of Insurance Products Unit III : Life insurance 11. Life Insurance − Conceptual Framework 12. Life Contracts and Rating 13. Life Policies and Management Unit IV : Non-life insurance 14. Introduction to General Insurance 15. Fire Insurance 16. Marine Insurance 17. Motor Insurance 18. Liability Insurance 19. Rural and Social Insurance 20. Project and Engineering Insurance 21. Miscellaneous Insurance

Insurance is now fast growing area of academic study or profession. The recent financial crisis has witnessed the indispensable need of professionals in the area of risk management. Due to the complexity of the dynamic environment, new insurance products are evolving as well as the existing business models of insurance companies are undergoing significant change. After liberalisation of the economy, large numbers of alternative products and financial services have evolved that paved the way for the potential and unconventional entrants to penetrate the financial market through innovative higher product profile and portfolios, resulting into a sudden spurt in the demand of insurance professionals. The study of insurance as an academic discipline in new form is an obvious outcome. More and more academic institutions all over the countries are offering highly specialised insurance programmes to cater to this demand. The book is organised from a combination of three perspectives − (a) insurance and risk management (b) insurance classes and products and (c) managerial aspects in insurance business. Part I introduces the concept of risk management to the readers. Chapter 1 conceptualises the risk definitions, classes of risk and the methods of handling risk. Chapter 2 attempts to provide an overall view of the risk management and control systems. Chapter 3 has been deliberately included to apprise the readers about the distinct approaches to risk management i.e. individual approach and the organisational approach popularly titled as Enterprise Wide Risk Management. Part II introduces insurance as a risk-mitigating device. Chapter 4, 5 and 6 respectively deal with the insurance terminologies and concepts and how risk is mitigated via insurance markets principles underlying insurance contracts and the mathematical theory. Part III explores the insurance business environment in India. It has been divided into two sections Section I deals with legal environment covering the various insurance laws and enactments concerning insurance business. Section II deals with economic and financial environment covering the historical evolution of insurance, the privatisation of the insurance sector and insurance industry facts, accounting and taxation aspects and global picture of insurance. Contents : 1. Understanding Risk 2. Risk Management and Control 3. Enterprise Risk Management 4. Introduction to Insurance 5. Principles of Insurance 6. Mathematical Basis of Insurance 7. Insurance Contracts and Provisions 8. Primary Insurance Laws 9. Special Purpose Insurance Laws 10. Miscellaneous Laws Concerning Insurance 11. Insurance and Economy 12. Insurance Industry in India 13. Accounting and Taxation for Insurance 14. Insurance in Global Perspective 15. Introduction to Life Insurance 16. Life Insurance Contracts & Policy Provisions 17. Life Insurance Products 18. Life Insurance Underwriting and Rating 19. Life Insurance Claims Management 20. Group Insurance 21. Life Assurance Management 22. Introduction to General Insurance 23. Practice of Non-Life Insurance 24. Fire Insurance 25. Marine Insurance 26. Automobile Insurance 27. Health Insurance 28. Rural Insurance 29. Social Insurance 30. Project and Engineering Insurance 31. Liability Insurance 32. Miscellaneous Insurance 33. Functions and Organization of Insurers 34. Product Design & Development 35. Underwriting 36. Insurance Pricing 37. Marketing of Insurance Products 38. Claims Management 39. Insurance Intermediaries 40. Financial Aspects in Insurance Companies 41. Reinsurance 42. Information Technology in Insurance 43. Risk Management in Insurance Companies

The universities in India and abroad have introduced insurance as a specialized study both at graduate and postgraduate level. This has accentuated the dire demand for the literature on insurance in the Indian context. This book is an attempt to conceptualise the students with the legal aspects of insurance business. This book has been organised into four modules. After the end of every chapter, 'Key Terms', 'Suggested Reading / References' and 'Questions for Review' are also given. At the end, the book contains a glossary of important insurance terms which may useful for the readers. Contents : Module 1 1. Legal Framework of Insurance Business 2. Insurance Act, 1938 3. Life Insurance Corporation Act, 1956 4. General Insurance Business (nationalization) Act, 1972 5. Insurance Regulatory and Development Authority Act, 1999 Module 2 6. Motor Vehicle Act, 1939 and 1988 7. Marine Insurance Act, 1963 Module 3 8. Insurance and Various Transportation Laws Module 4 9. Liability Laws and Insurance 10. Miscellaneous Laws Concerning Insurance

Insurance is not a new area of academic study of profession. With the increasing dynamism of risk and the growth of professional risk management, the insurance device has become more and more popular these days. The recent liberalisation of the economy has resulted into the availability of large number of alternative products / financial services. This has paved the way for the potential and unconventional entrants to penetrate the financial market through innovative higher product profile and portfolios, resulting into a sudden spurt in the demand of insurance professionals. The study of insurance as an academic discipline in new form is an obvious outcome. More and more academic institutions all over the countries are offering highly specialised insurance programmes to cater to this demand. Recently, the universities in India and abroad have introduced insurance as a specialised study both at graduate and postgraduate level. This has accentuated the dire demand for the literature on insurance in the Indian context. This book is an attempt to conceptualise the insurance basics and products in line with the curriculum of various universities. This book attempt to conceptualise the students with fundamental principles of non-life insurance and also provide an indepth knowledge on the practice of non-life insurance. This book has been organized into five units. Unit 1 – introduces the concept of insurance to readers. Chapter 1 Conceptualises the evolution and importance of insurance. IT also discusses the features of insurance contracts. Unit 2 - discusses the marine insurance business. Chapter 2 gives as idea about marine insurance contracts. Chapter 3 discusses the various marine insurance covers and the conditions in a marine insurance Policy. Chapter 4 and 5 respectively discuss the marine underwriting and rating and marine claims and losses. Chapter 6 is devoted to an analysis of the progress of marine insurance business in india. Units 3 - deals with fire insurance. Chapter 7-9 discuss the fire insurance contracts, various fire covers, rating and claim settlement in fire insurance. Chapter 10 give a brief overview of reinsurance business. Chapter 11 discusses the progress of fire insurance in india. Units 4 - discuss the various miscellaneous insurances. Chapter 12-18 deals with motor, burglary, personal, accident, rural and other urban non-traditional insurance Chapter 19 traces the progress of miscellaneous general insurance. Units 5 - is devoted to the important insurance laws in India. Chapter 20 provides a brief overview of Marine Insurance Act, 1963, Insurance Act, 1938, General Insurance Business (Nationalisation) Act, 1972 and IRDA Act. Contents : Unit 1 1. Introduction to Insurance Unit 2 2. Marine Insurance 3. Marine Insurance Policies 4. Marine Underwriting & Rating 5. Maritime Losses & Claims 6. Progress of Marine Insurance Unit 3 7. Fire Insurance Contract & policies 8. Fire Underwriting & Rating 9. Fire Insurance Claims 10. Progress of fire Insurance 11. Reinsurance Unit 4 12. Motor Insurance 13. Burglary and Personal Accident Insurance 14. Other Miscellaneous Insurance 15. Rural Insurance 16. Property and Liability Insurance 17. Project and Engineering Insurance 18. Social Insurance 19. Progress of Miscellaneous General Insurance Unit 5 20. Insurance Legislation in India