Banking, world over, has been changing. India is no exception. Some factors of change are common all over the world, e.g., technological development, increasing globalization, deregulation and re-regulation, customer awareness and resultant expectations, competition and consequent pressure on profit margins etc. Some factors, however, are country-specific, e.g., in case of India, nationalization of banks, thrust on financial inclusion, difficulties of raising additional capital etc. History has shown that Indian Banking, has been able to withstand various changes in the economic environment successfully, the last being global financial crisis. But past success is not a source of comfort for future, particularly in the field of finance and banking.

Today, every bank employee needs to be strong with domain knowledge. Each and every young banker who is joining the industry needs to be fundamentally strong on Basics of Banking. Once basics are clear, subsequent add-ons will be meaningful and effective. With this end in view, "Basics of Banking for Freshers" is written. The book covers various important areas of banking like Retail Banking, Corporate Loans, Priority Sector Lending, NPA, Treasury and ALM, Foreign Exchange and Capital Adequacy Norms all in basic and primary language so as to offer freshers an opportunity to understand the concepts through self-reading. Examples have also been given. This book is expected to be of benefit for anyone new to banking, desirous of assuming leadership positions in future and developing the skills of critical and analytical thinking in order to withstand challenges of modern banking.

Contents :

1. Retail Banking
2. Corporate Loans
3. Priority Sector Lending
4. Non-performing Assets
5. Treasury and Asset-Liability Management
6. Foreign Exchange Basics
7. Capital Adequacy Norms
Some Questions
Annexures
Appendices