What is Banking ?

“Banking is on of the key drivers of

the U.S economy banking provide a
safe place to save excess cash, know
as deposit.”
 Banking in India
 Bankingin India is mainly governed
by the banking regulation act,1949
and the reserve bank of India act,
1934.
 Introduction of Reserve bank of
India
The reserve bank of India is
central bank of India. RBI
Was established on April
1st, 1935 with provision of
the reserve bank of India
act,1934.
 Objective of RBI
1. To provide loans to commercial
banks.
2. Maintain price stability.
3. maintain public confidence in the system protect depositors.
4. Maintenance of foreign exchange market in India
 Important term related to
Bank
 Bank rate

 CRR

 SLR

 Repo Rate

 Reserve Repo
 Types of banks

Reserve bank of india

Commercial bank RRB CO-Operative Bank

(Regional Rural Bank)
 COMMERCIAL BANK
Commercial bank also know as
business banking it is a bank that
provides Saving accounts, and
money market accounts and that
accepts time Deposits.
 Types of Commercial
Bank
1. Allahabad bank
2. Andhra bank
3. Bank of Baroda
4. Bank of India
5. Bank of Maharastra
6. Canra Bank
7. Central Bank Of India
8. Corporation Bank
9. Dena Bank
10. Indian Bank
11. Indian Overseas Bank
12. Oriental bank Commerce
13. Punjab National Bank
14. Punjab and Singh Bank
15. Syndicate Bank
16. Uco Bank
17. Union Bank of India
18. United bank of India
19. Vijya bank
20. Sbi(State Bank of India)
 Regional Rural Bank

 Rural banking in India started since

the establishment Banking sector in
India. Rural banks in those days
focused upon the agro sector
 Types of Regional Rural
Banks
 Haryana State Co-operative Apex
bank Limited
 NABARD
 Sindhanur Urban souharda Co-
operative Bankhihui
 United Bank of India
 Co-operative Bank

 TheCo-operative Banks in india

started functioning almost 100
year ago. The co-operative
Banks in india plays an important
role even today in rural
financing.
 INSURANCE SECTOR
Introduction

Insurance can be termed as a form of risk

management which is used to protect an
individual against the risk of prospective
financial loss
Featur es of Insur ance

1.Protection

2.Tax Relief

3.Money When you need it

4.Liquidity
Indian insur ance
scenario
 The insurance sector in India governed
by insurance act, 1938. the life insurance
corporation act, 1956 and general
insurance business act, 1972.”Insurance
regulatory and development authority”
(IRDA) Act, 1999 and other related act.
Insurance term Divided into Two Part

Life Insurance General Insurance

 Life Insurance

Life is very fragile and death is a

certainty. We cannot control the
uncertainties of life. But we can
cover the risks surrounding us
life insurance .
Types of Life Insurance policy
1.Endowment policy

2.Joint Life Policy

3.Pension Life Policy

4.Whole Life Policy

5.Term Life Policy

6.Money Back Policy

 Gernal Insurance

General insurance provides much needed

protection against unforeseen events
such as accident, illness, fire etc.
Types of General Insurance

1. Home Insurance

2. Health Insurance

3. Motor Insurance

4. Travel Insurance
Major Insurance Companies In
India
1. Aviva Life Insurance
2. Bajaj Alliance
3. Birla Sun Life Insurance
4. HDFC Standard Life Insurance
5. INJ Vysya
6. Kotek Mahindra
7. LiC
8. Max New Life Insurance
9. MetLife India Insurance
10. Reliance Life Insurance
11. Sbi Life Insurance
12. Shri Ram Life Insurance
13. Tata AIG Life Insurance