About the Book:
Having wide and varied experience of banking at his back, the Author has written this book with the latest information and the changing dimensions of banking. The emerging trends in banking in view of the globalisation process in the country and because of tremendous developments in technology impacting all have found prominent place in the book, making it a unique publication. The contents of the book bespeak of the exceptionally good experience of various banking activities on the part of the author who has ably grasped ground realities fair enough. The book will surely benefit the potential readers, more particularly, the present generation of bankers, students and researchers who would find the presentation refreshing. The book traces the history of baking from the earliest days to the current electronic era through variations dictated by time and place and responding to the changing scenario, especially so to the changing business requirements. Te first chapter contains concept of banking, its origin and development in various countries. In the second chapter, the book contains business data of nationalized banks, old private sector banks, new generation private sector banks and regional rural banks in the country on deposits, advances, priority sector advances to economically weaker sections of society, and segmental break-ups. The third chapter deals with WTO and Indian Banking. The fourth chapter contains material and information about e-Commerce and banking. The fifth chapter discusses Electronic banking, including computer connectivity, tele-banking and internet banking as well as electronic negotiation, finalization, monitoring and termination or closure of sales or service or collaboration contracts, and electronic payment system. Information Technology and Indian banking have been discussed in the sixth chapter along with details of working of the Automated Teller Machine (ATM), description of credit cards and other types of cards. Working and the technicalities involved in banking, especially the growth and development of technology, more particularly the Internet and computer capability and potential have also been discussed. The future trend of development in banking in India has been predicted in the final chapter.
About the Author(s):
K.C. SharmaDr. K.C. Sharma has served the State bank of India for over three decades as officer in various responsible assignments (upto Assistant General manager). One of the assignments held by him was that of branch Inspecting Official (mobile duty), which gave him opportunity to visit many places in India and thereby to interact with important persons not only in the bank but also those in other fields of activity. They were politicians, bureaucrats, landlords, businessmen, religious personalities and the rural folks (wealthy zamindars and poor farmers), apart from academicians, technocrats and professionals. Dr. Sharma is an M.A. in Political Science, Public Administration and mass Communication. He did his Research work for Ph.D. on the topic of -Role of Regional Rural Banks in development- He has got Post-Graduate Diplomas in the subjects like Personnel Management and Industrial Relations, Journalism, Marketing and Sales Management, Export Management, and Taxation. Dr. Sharma is CAAIIB, Astrologer and Numerologist (as Hobby). The author has served as head of two different staff Training Centres in Chandigarh Circle of State bank of India. He is among the core Faculty in Journalism and International Trade with the Bharatiya Vidya Bhavan-s College at Chandigarh for the last ten years. Dr. Sharma has written a book under the title, -Modern banking - which is in the Press. A few articles written by him on different topics were published in Times of India and other magazines of repute. The Author is currently Director of Swami Vivekananda School of Management at Banur, District Patiala (Punjab).