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.