- Paperback - Number of Pages: 476 pages
- Dimensions: 178 x 235 x 25mm - 724g
- Publication date: 30 Oct 2014
- Publisher: Prentice-Hall of India Pvt.Ltd
- Publication City/Country: India
- Edition: Revised
Technological innovations and advances have spread into every sphere of life, and banking is no exception. With competition being fierce, business, especially banking, has to adopt new methods and techniques. This text examines the latest developments in the Indian Financial System and the roles the Indian banking sector has played in the development of the economy. Practical and comprehensive, the book discusses modern trends in Indian banking, especially its use of new technology. It covers a wide range of topics, including financial markets and institutions; the role of central banks in different countries; basic lending principles; methods of remittance; and micro-credit. It also examines venture capital, credit rating, modern e-payment systems, core banking, and hi-tech banking. Now in its second edition, the book has been thoroughly revised and updated.This edition includes new topics, such as local area banks, the EXIM Bank (Amendment) Act, 2011, stock invest, the Factoring Regulation Act, 2011, prepaid payment instruments, GIRO paym...
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