) bo Banking Terms: Overview of Syllabus of Banking and Basic Concepts Ra uy eRe eat item atts eeltelualt ENT) Cenc eeKathpal pelican renin « 12 Years Banking Experience in General Banking, Credit & Risk Management Dept of Public Sector Bank. * Final Selection in SBI PO & IBPS PO and UPSC Civil Services Mains. Academic Qualification: * Chartered Financial Analyst (CFA) * Post Graduate in Accounting & Business Statistics « JAIIB & CAIIB SERN ea aCe uC + Various NISM Certifications AACE Telli e mee va nem OU Neita eel MRT MU CeCe uN eect OS or rR Rene MLL EUS aCe ¢ Taking Classes of Bank Exams, JAIIB & RBI Grade B at Unacademy.a a BUNA Rm eee LeU Cy Search ‘i @kkathpal _¢/ in Telegram gLecture -1 Bi Basic Concepts of Banking ee ~ {Kapil Kathpal} RBI Kehta Hai... Jaankar Baniye, Satark Rahiye!Basic Let's Learn Basic Concepts of Banking through this Story of Raju (Presented by Kapil Kathpal)RR URL CR RUC Next level of Banking. Stay Tuned !!Banking According to Section 5{b) of the Banking Regulation Act, the term “Banking” means accepting for the purpose of lending or investment of deposits of money received from the public, repayable on demand or otherwise ‘and withdrawable by cheque, draft, order or otherwise. Under Section S{¢) of the Banking Regulation ‘Act, “Banking Company” means any company that transacts the business of banking in India. Section 7(1) of the Banking Regulation Act prohibits use of the words ‘banker’ or ‘banking’ ‘or ‘banking company’ by a company other than ‘a banking company. Section 712) of the said Act further prohibits the use of such words by an individual or a group of individual or a firm. RBI Kehta Hai... Jaankaar Baniye, Satark Rahiye!Banking * From the definition, two important functions of commercial banks emerge, Acceptance of deposits and Lending of funds. * For centuries, banks have borrowed and lent money to business, trade, and people, charging interest on loans and paying interest on deposits. These two functions are the core activities of banking.* Live Classes/Course Start Date - 4th May 2023 | Banking, Financial & * Live Classes/Course End Date - 21st June 2023 eee ex ¢ Material/Notes will be in English Language rs (Downloadable Format) V ¢ Medium of Teaching will be Hindi * MCQs Classes will be also provided for eae Sea eet eee)EE UCM TELE Economic Awareness Ly > 639)-< Sea eet ee sot)