Banking Class 12 Syllabus

Part B: Vocational Skills

1. Unit 1 - Ancillary Services of Banks
2. Unit 2 - Innovations in Banking Technology
3. Unit 3 - Organization of a Bank Branch
4. Unit 4 - Basics of Business Mathematics
5. Unit 5 - Reserve Bank of India Regulations on Banks
6. Unit 6 - Performa of Final Accounts of Banking Companies

1. Ancillary Services of Banks

• Safe custody of valuables.
• Lockers.
• Remittances - RTGS / NEFT / Drafts.
• Fee based services- Issuing Guarantees and letters of credit.
• Selling Third Party Products- Insurance and Mutual fund units.
• Credit Cards, Debit Cards.
• Brokerage and Demit Services.

2. Innovations in Banking Technology

• Bank Computerization.
• Core Banking.
• Online Banking.
• Mobile Banking.
• Internet Banking.
• ATMs.

3. Organization of a Bank Branch

• Bank Branch Set up, Strong Room.
• Front Office, Back Office.
• Security Arrangements in Bank.
• Clearing Houses.

4. Basics of Business Mathematics

• Calculation of simple interest and Compound Interest.
• Calculations of interest on fixed rate and Floating rate.
• Calculation of EMIs.
• Calculations of interest on Savings Accounts.
• Calculations of date of maturity of bills of exchange.

5. Reserve Bank of India Regulations on Banks

• Cash Reserve Ratio.
• Statutory Liquidity Ratio.
• Bank Rate.
• Repo Rate.
• Reverse Repo Rate.
• Base Rate.

6. Performa of Final Accounts of Banking Companies

• Profit & Loss Account and Balance Sheet.