Banking Concepts and Practices

Powerful Essays

Open Document

Open Document

View Writing Issues

39554 Words

Grammar

Grammar

Plagiarism

Plagiarism

Writing

Writing

Score

Score

Banking Concepts and Practices

XITE, Gamharia

Banking Concepts & Practice

[Paper 11: Elective II, Academic Session 2011-12]

1. Evolution of Banking: Bank-Meaning, Definition, Features & Classification, Concept of Different Types of Banking System, Overview of Indian Banking System

2. Commercial Bank: Basic Concept of Commercial bank, Role of Commercial bank in Financial System, Credit Control by Central Bank

3. Central Bank: Meaning, Functions, Methods of Credit Control

4. Monetary Policy: Meaning, Objectives and Instruments

5. Customer Relationship: Definition, Features of Contractual Customer Relation, Customer Orientation, Retail Banking

6. E-Banking: Concept, ATM, Core Banking, Virtual Banking, Electronic Payment System

Reference Books: 1. Banking Law and Practice- P. N. Varshney 2. Indian Banking- P. Parameswaran & S. Natarajan 3. Money, Banking & International Trade- M. C. Vaish 4. Banking Concepts & Practices- Shekhar & Shekhar 5. Banking Concepts & Practices- Canon

Notes prepared by: Fr. Alex Mascarenhas SJ, Loyola Nivas, H-15, St Mile Road, Sakchi, Jamshedpur 831 001

INDEX

| | |
|EVOLUTION OF BANKING |NEGOTIABLE INSTRUMENT |
|MEANING OF BANKING |BILL OF EXCHANGE |
|CLASSIFICATION OF BANKS |PROMISSORY NOTE |
|SYSTEMS OF BANKING |CHEQUE |
| |CROSSING & ENDORSEMENT

Continue Reading

You May Also Find These Documents Helpful

Better Essays
summary banking concept
- 1258 Words
- 4 Pages
summary banking concept

Last week, I read an article called the banking concept of education which is written by Paulo Freire, a Brazilian author who contributed to the world greatly as an educator and influenced the field of education. What is banking concept? The banking concept is an example to describe a method that students are regarded as a container and to be filled with different kinds of information and knowledge by teachers. What the students can do is just accept the things that they learned and memorize it. Freire demonstrates that the students are regarded as a bank and teachers “deposit” the knowledge into them. The biggest problem of the banking concept of education is that the students will never think carefully and they will lose their creativity and imagination without their critical thinking. Students just acknowledged the world should be like and inhibited by too many restrictions of their study. Freire demonstrates that the banking concept of education supposes that all the students are innocent. However, learning form the teacher is the only method for the students. The problem between the educator and the students won’t disappear although there’s a new curriculum introduced. Freire thinks the most effective way to solve the problem is Problem-posing concept of education.…
- 1258 Words
- 4 Pages
Better Essays

Read More
Powerful Essays
The banking concept
- 1910 Words
- 8 Pages
The banking concept

"The Banking Concept of Education": An Essay on Submissive Learning by Paulo Freire - Yahoo Voices - voices.yahoo.com…
- 1910 Words
- 8 Pages
Powerful Essays

Read More
Powerful Essays
Banking Concept
- 3171 Words
- 13 Pages
Banking Concept

In The “Banking “Concept of Education Freire discusses the conventional way of teaching as a trap that creates an oppressive environment in education and cripples students in their knowledge and their ability to take action later in life. Freire discusses that the teacher and student relationship contributes heavily to this oppressive atmosphere in the classroom and encourages ignorance on behalf of the student. I challenge Friere’s thoughts of escaping from education as we know it today; and instead combine the traditional styles of the past and the new problem posing solution of the future together. Reflecting on my experiences in education and analyzing the text of Friere I have developed my own theory of education. Students need to believe they are the future and need to be prepared to act and fill the roles they are given in times of success and times of failure. A balanced education will prepare them for all the situations that they will be faced with in their future outside the classroom.…
- 3171 Words
- 13 Pages
Powerful Essays

Read More
Good Essays
Banking Concept
- 698 Words
- 3 Pages
Banking Concept

According to Paulo Freire, "Education is suffering from narration sickness." Students are given information, and they are expected to memorize the information, this is known as the banking concept. If the students only memorize the information, are they even learning what the information truly means or are they just memorizing the information long enough to take a test? The "Banking" Concept of Education is not only ineffective but also contributes to students suffering with the inability to think for themselves and creatively. In his essay, The "Banking" Concept of Education, Paulo Freire basically states that education is simply just a teacher who lectures all class period, filling the student's memory with information, and he or she merely accepts that the information is correct. Students are not to challenge the teacher; hypothetically, they are to follow the teacher blindly. Freire informs us of two completely different concepts of education. Throughout the essay, Freire questions the "banking" concept, but still provide equal and fair support for the concept. However, in the essay, he nearly proposes that the concept of "problem-posing" is the solution to satisfy both teacher and student. Freire states: "Whereas banking education anesthetizes and inhibits creative power, problem-posing education involves a constant unveiling or reality. The former attempts to maintain the submersion of consciousness; the latter strives for the emergence of consciousness and critical intervention in reality." I believe that the overall purpose of the text persuades people to understand that the current concept of teaching hinders students' ability to rely on themselves to come up with the answer. I believe that Freire achieved his goal of explaining both concepts, you can clearly understand that he is against the idea of the banking concept and wishes to replace it with the problem-posing concept. Freire basically says that the banking concept is where the teacher thinks for…
- 698 Words
- 3 Pages
Good Essays

Read More
Satisfactory Essays
The Banking Concept
- 309 Words
- 2 Pages
The Banking Concept

Norman 1 Taylor Norman Dr. Mitrik English 101.07 August 31, 2012 Norman_E101.07_Freire_HW1 In the essay “The “Banking” Concept of Education” Freire explains his ideas of education in the classroom. He talks about two separate forms of education called the banking concept and the problem-posing education. Freire specifically uses two terms drawn from literature praxis and alienation to describe these ways of education. I believe the way Freire used the word praxis throughout the essay he is referring to the act of applying, exercising, or practicing certain ideas. I believe the way he uses the word alienation in the essay it means withdrawing or separation of individuality in a classroom. In the study of education alienation could be used as blocking students from expressing their own thoughts, feelings, emotions, or creativity in a classroom. Praxis could be used in the study of education by only providing students with one way of expressing oneself in theirs works or studies. It could limit a student showing certain uniqueness about them, to make blend in with a crowd of the classroom, instead of being a sand out by putting individuality in their work. In my opinion Friere definitely allows for dialogue in this essay and he doesn’t really enact with his own principles. He speaks in a very broad way where his thoughts and opinion could be used in many other environments besides just the classroom. He allows for many thoughts as a reader to think about and explore where these methods of learning or teaching could be used. All throughout the essay he casts the role as a reader to think of your own examples (not practically just in a classroom) where these types of teaching and learning methods are used. He forces to read to think a little out of the box and to use critical thinking.…
- 309 Words
- 2 Pages
Satisfactory Essays

Read More
Satisfactory Essays
banking concept
- 365 Words
- 2 Pages
banking concept

In the essay a question of language by Gloria Naylor. She defines how the written and spoken language can give different meanings to a word. She considers language a powerful tool used by writers and everyday people, to express their feelings and capture reality and life.…
- 365 Words
- 2 Pages
Satisfactory Essays

Read More
Good Essays
The Banking Concept
- 298 Words
- 2 Pages
The Banking Concept

In Freire’s essay “The Banking Concept of Education”, he discusses the importance of a student-teacher relationship and the issues of the educational system. The banking method signifies how teachers “fill” up their student’s minds with knowledge without any questions. This method, Frerie believes, limits the student’s capability to think for them-selves that leads for students to constantly rely on information from their teachers. Freire then proposed a solution for the banking concept called “problem-posing concept”, a method that challenges student’s mind when being educated. The problem-posing concept creates a communication between a student and the teacher, where they can both learn and challenge one another with a free thought.…
- 298 Words
- 2 Pages
Good Essays

Read More
Satisfactory Essays
Summary of the Banking Concept
- 280 Words
- 2 Pages
Summary of the Banking Concept

The banking concept is a way that students are positioned like an empty box and to be filled with all kinds of information by the teacher. The students receive the information, memorize it and repeat. Freire claims that the teachers treat the students as a bank in which they deposit information into them. One of the issues with this education is that the student never really gets to think critically about the information they are learning. In the Banking Concept of Education students just accept the world as it is and becomes oppression. Freire explains that the banking concept is characterized by oppressive attitudes and practice. Libertarian education makes the students question their consciousness and preparing them for a challenge to see and work toward a better society.…
- 280 Words
- 2 Pages
Satisfactory Essays

Read More
Powerful Essays
Principles of Banking & Management
- 4636 Words
- 19 Pages
Principles of Banking & Management

Now that you have some idea of how a bank operates, let’s look at how a bank manages its assets and liabilities in order to earn the highest possible profit. The bank…
- 4636 Words
- 19 Pages
Powerful Essays

Read More
Powerful Essays
Monetary Policy in India
- 39406 Words
- 158 Pages
Monetary Policy in India

Being the first part of this analysis chapter, we are going to take a cautious step…
- 39406 Words
- 158 Pages
Powerful Essays

Read More
Powerful Essays
Review of Literature of Indian Banking System After Liberalisation
- 1687 Words
- 7 Pages
Review of Literature of Indian Banking System After Liberalisation

INTRODUCTION Importance of Banks in an Economy What Is A Bank? Functions of a Bank Banking Sector in India The Role of Banking in an Economy Role of Banks in the Indian Economy The Role Of Central Bank In Indian Banking System (RBI) Basel Norms and Banking in India Recent Developments In The Indian Banking Industry Government Initiatives Challenges and Opportunities for Players Scenario Planning Of Banking Sector: 2010 Challenges Faced By the Indian Banking Industry Strategies Undertaken by Banks to Tackle the Challenges Public Sector Banks in India Evolution of the Indian Banking Nationalised Banks In India Present Scenario Private Sector Banks in India Concept of Financial Analysis…
- 1687 Words
- 7 Pages
Powerful Essays

Read More
Powerful Essays
An Appraisal of the Role of Commercial Bank in Developing Economy
- 10082 Words
- 41 Pages
An Appraisal of the Role of Commercial Bank in Developing Economy

Commercial banks are one of the three primary agents which help circulating funds in the market. Commercial banks provide loans and corporate bonds to the households, new start ups and small medium enterprises to run their businesses. It also obtains money from the households and invests that money to other profitable investments. The money held as customer account then accrues interest which is given to the customer in the form of periodic payments. The commercial banks play an important part of economy when they are involved in bidding process of government securities. Various services and products provided by commercial banks such as car leasing, mortgage financing, credit cards etc provide easy accessibility of funds to the customers. Hence great deal of money circulated in the economy is contributed by the commercial banks. Commercial banks are also an important element in implementing the monetary and fiscal policy by the central bank…
- 10082 Words
- 41 Pages
Powerful Essays

Read More
Satisfactory Essays
FIN3010_Syllabus_STP_2-2014
- 964 Words
- 4 Pages
FIN3010_Syllabus_STP_2-2014

of the central bank and the basic functions of commercial banks. Emphasis is placed on the general…
- 964 Words
- 4 Pages
Satisfactory Essays

Read More
Powerful Essays
Regulatory Issues
- 2637 Words
- 11 Pages
Regulatory Issues

4. Peter S. Rose, Sylvia C. Hudgins, ``Bank Management & Financial Services``, 8th McGraw-Hill International edition…
- 2637 Words
- 11 Pages
Powerful Essays

Read More
Powerful Essays
Money and Banking Management
- 4034 Words
- 17 Pages
Money and Banking Management

Goal of This Chapter: The purpose of this chapter is to learn about some of the newer financial instruments that financial institutions have used in recent years to help reduce the risk exposure of their institutions and, in some cases, to aid in generating new sources of fee income and in raising new funds to make loans and investments.…
- 4034 Words
- 17 Pages
Powerful Essays

Read More

Related Topics

Bank