Swayam Central

Fundamentals in Banking and Insurance

By Dr. Girija Shankar   |   Savitribai Phule Pune University, Pune
On completion of the course, students-
• Will be equipped with an understanding of the rudimentary aspects of
  Banking and Insurance
• Will be able to engage with one of the fastest growing sectors of the economy
• Will kindle interest towards a deeper understanding of Banking and Insurance
• Will enable skill enhancement
• Will be able to explore various job opportunities

Banking and Insurance are two sectors which are fast evolving and witnessing a transformational change. Banks are the backbone of all activities, because every transaction where money is involved, the bank is the main character. Insurance business is one of the prominent financial services in modern times. Keeping these aspects in mind, this Course in Fundamentals in Banking and Insurance has been designed to train students in basic concepts of Banking and Insurance. The Course has incorporated the significant changes that have taken place in the global financial architecture and the new products and technology that have invaded this sector. This course has made an attempt to offer to students a fundamental tool which will enhance their understanding of various businesses in the world economy.

Learners enrolled: 2392


Course Status : Ongoing
Course Type : Core
Duration : 6 weeks
Start Date : 20 Jan 2020
End Date : 01 Mar 2020
Exam Date : 10 May 2020
Enrollment Ends : 06 Mar 2020
Category :
  • Management Studies
  • Level : Undergraduate


    Week 1 : Introduction to Banking and Insurance
    Week 2 : Deposit Accounts
    Week 3 : Lending Principles and Negotiable Instruments
    Week 4 : Technology in Banks
    Week 5 : Introduction to Insurance
    Week 6 : Insurance in the Contemporary Context


    • Tannan's Banking Law and Practice in India - M L Tannan, 23rd Edition, 2010, Lexiz Nexis Butterworths Wadhwa, Nagpur
    • Electronic and Internet Banking - C. N. Reddy, 2008, Pearl Books, New Delhi
    • Digital Bank - Strategies to Launch or Become a Digital Bank, Chris Skinner, 2017, Embassy Books, Mumbai
    • Banking Products and Services, Indian Institute of Banking & Finance - 2nd Edition, 2007, Taxmann Publications (Pvt.) Ltd., New Delhi
    • Handbook of Banking Information - N. S. Toor, 25th Edition, 2007, Skylark Publication, New Delhi
    • Introduction to Banking - Vijayaragavan Iyengar, 2007, Excel Books, New Delhi
    Banking Law and Practice - P. N. Varshney, 22nd Edition, 2007, Sultan Chand & Sons, New Delhi
    Marketing in Banks - Concepts and Approaches, G Gopala Krishna Murthy, 2007, The Icfai University Press, Hyderabad
    Money Banking Trade and Public Finance - M C Vaish, 3rd Edition, 1996, New Age International (P) Ltd., New Delhi
    Law of Banking - Dr. S. R. Myneni, 2011, Asia Law House, Hyderabad
    Indian Banking - R. Parameswaran, S. Natarajan, 1st Edition, 2001, S. Chand & Company Ltd. New Delhi
    Insurance - Principles Practice - M. N. Mishra, 1999, S. Chand & Company Ltd. New Delhi
    Fundamentals of Banking - Dr. Rita S. Swami, 2014, Narendra Prakashan, Pune
    Insurance - Principles and Performance - Dr. Harish M. Chandarana, 2009, Paradise Publishers, Jaipur
    Fundamentals of Risk and Insurance - Emmett J. Vaughan, Therese Vaughan, 9th Edition, 2010, Choudhary Press, New Delhi
    Elements of Insurance - W. A. Dinsdale, 2nd Edition, 1954, London Sir Isaac Pitman & Songs, Ltd.
    Insurance - Fundamentals, Environment and Procedures - B. S. Bodla, M. C. Garg, K. P. Singh, 2003, Deep & Deep Publications Pvt. Ltd
    Insurance Industry in India - Features, Reforms and Outlook - Uma Narang, 2013, New Century Publications, New Delhi.


    Dr. Girija Shankar

    Savitribai Phule Pune University, Pune
    (1) I/c Principal, Ness Wadia College of Commerce, Pune
    (2) Professor in Economics,
    (3) Head, Dept. of Business Economics
    (4) Head – Research Centre
    (5) Formerly Asst. Secretary & Life Member - Modern Education Society,
    (6) Formerly Head, Dept. of Banking & Finance
    (7) Formerly Rector: Neville Wadia Institute  of Management Studies and Research, Pune
    (8) Formerly NAAC Coordinator


    30% of Course Assessment and 70% of End - Term Proctored Exam