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Indian Financial system has undergone a tremendous change in recent years. The entry of large number of private sector banks (both Indian and foreign) with advanced technology have created great element of competition which has paved the way for innovations in the banking sector. The new market oriented trend in the Indian Banking system has a multiplier effect on the economy. Book Content of Banking Theory, Law and Practice Preface Syllabus of Madras University Chapter 1. Origin and Kinds of Bank 2. The Banking Regulation Act, 1949 3. Role of Banks in Economic Development 4. Central Bank 5. Reserve Bank of India 6. Functions of Commercial Bank 7. Electronic Banking 8. Electronic Clearing System 9. Special Types of Bank Customers 10. Banker and Customer 11. Loans and Advances I 12. Loans and Advances II 13. Loans and Advances III 14. The Negotiable Instruments 15. Crossing and Endorsements 16. Payment and Collection of Cheques
