As usual, the banking scenario in India is witnessing far-reaching changes to keep pace with the modern technology. New types of banks, viz., payments banks and small finance banks have started functioning. The subsidiaries of the State Bank of India along with the Bharatiya Mahila Bank Ltd. have been merged with the SBI. Above all, demonetisation of higher denomination currencies had taken place to tackle the means of black money, terror financing, money laundering and fake currency.

All these developments have been duly accommodated in this edition at suitable places with a view to providing the latest information in the field of banking to the students of banking. The subject matter has been presented in the most simple and lucid manner. It is a restructured, revised and updated version with all the topics incorporated as per the new syllabus.

As usual many Indian case laws affecting bankers have been added in appropriate places so that the reader might be well acquainted with the Indian banking practice had given numerous examples of rules in Clayton's case, Garnishee order, latest trends in deposit mobilisations and new insurance policies also crept in. It is hoped that the present edition will fully meet the requirement of both categories of readers, practical and academic.

Contents -

1. Introduction
2. Reserve Bank of India
3. Types of Banks
4. Banker and Customer Relationship
5. Negotiable Instruments