Banking Theory and Practice covers the entire gamut of topics in the field of banking–from its evolution to the latest trends. The Indian banking system is undergoing unprecedented changes as a result of new legislations and reforms in response to the contemporary needs. The present edition has kept pace with these developments, including the changes in legislation, growing globalization of banking, as well as the expansion of the banking business to meet the needs of customers for a wider range of services. The book, which was initially aimed to serve the needs of undergraduate students, has over the years deepened and widened in both scope and contents. It is now an essential resource not only for undergraduate students, but also for professional bankers and those who pursue more advanced and practically oriented studies on the subject.

Evolution of Banking Institutions
Commercial Banking
Central Banking
The Indian Joint-Stock Banks
Commercial Banks and Industrial Finance
Commercial Banks and Priority Sectors
Banking Legislations and Reforms I
Banking Legislations and Reforms II
Micro-finance
Changing Dimensions of Regulatory and Supervisory Framework
Factoring Services
Merchant Banking
Changing Profile of Indian Banking
The Foreign Banks
The Indigenous Bankers and the Moneylenders
Non-Banking Financial Institutions
Cooperative Banking
The State Bank of India
The Reserve Bank of India
The Money Market
Financial Stability
The English Banking System
The American Banking System
Principles of Foreign Exchange
The International Monetary Fund and the International Bank for Reconstruction and Development
Banker and Customer
Accounts of Customers
Cheques
Promissory Notes
The Paying Banker
The Collecting Banker
Customer’s Pass Book
Loans and Advances I
Loans and Advances II