Indian System of Business and Banking
Year / Semester: 
2nd Semester

The objective of this course is to familiarize the students with regard to structure, organization and working of business and financial system in India.


Introduction: Concept of Business and Business Organization Forms of Business Organization, Sole Proprietorship, Partnership, Joint Hindu Family, Cooperative Societies, Joint Stock Companies and Multinational Corporations. Distribution and Insurance System: Distribution Channel, Life Insurance Corporation of India and General Insurance Corporation of India. Indian Banking System: Reserve Bank of India and Commercial Banking System. Industrial Financing Institutions, Export-Import Bank of India.

Suggested Readings: 
  1. Functions and Working of the RBI: Reserve Bank of India Publications.
  2. Financial Sector Reforms and India’s Economic Development: N.A.Majumdar
  3. Central Banking and Economic Development: Vasant Desai
  4. Monetary Economics: S.B. Gupta • Banking in India - S. Panandikar
  5. Banking: S.N. Maheshwari
  6. Report on Trends and Progress of Banking in India: Reserve Bank of India Publication.
  7. Indian banking system - Dr. Rita Swami
  8. Indian Banking System - Dr. B.R. Sangle, Dr. G.T. Sangle, Dr. Kayande Patil and Prof. N.C. Pawar