Title: JAIIB NOV 01/2006
1JAIIBNOV 01/2006
- WELCOME TO VIRTUAL CLASS ROOM SESSSIONS
2RESERVE BANK OF INDIA
- SUPERVISORY REGLATORY
- ISSUANCE OF CURRENCY NOTES
- CREDIT CONTROL
- EXCHANGE CONTROL
- TRANSFER OF FUNDS
3BANKER-CUSTOMERRELATIONSHIP
- DEBTOR-CREDITOR
- CREDITOR-DEBTOR
- AGENT-PRINCIPAL
- LESSOR-LESSEE
- BAILEE-BAILOR
4Garnishee Order
- A garnishee order is issued by a court
- Ex Rajesh borrows money from Bala
- and fails to repay. Bala files a suit under
- Civil Procedure Code and the Court issues
- a decree and attaches the funds in Rajeshs bank
account with bank A. - The order issued by the Court on bank A
- is called Garnishee Order
- Rajesh is the judgement creditor
- Bala is the Judgement debtor. Bank A is
- Judgement debtors debtor
5NEGOTIABLE INSTRUMENTS
- BANKERS DUTIES RESPONSIBILITIES
- PAYING BANKER
- PAYMENT OF CHEQUES
6CHEQUES
7NEGOTIABLE INSTRUMENTS
- BANKERS DUTIES RESPONSIBILITIES
- C0LLECTING BANKER
- COLLECTION OF
- CHEQUES
8WORKING CAPITAL OPERATING CYCLE
9DEPOSIT ACCOUNTS
10CERTIFICATE OF DEPOSIT
- CD IS A MONEY MARKET INSTRUMENT
- ISSUED AS A DISCOUNT INSTRUMENT
- MINIMUM AMOUNT IS Rs. One LAKH
- MINIMUM PERIOD OF CD 15 DAYS
- MAXIMUM PERIOD OF 1 YEAR
- DIFFERS FROM FD
- a) Prepayment not allowed
- b) Loan is not allowed
11CHARGES
- HYPOTHECATION
- PLEDGE
- MORTGAGE
- ASSIGNMENT
- LIEN
- SET OFF
12FUND BASED FINANCE
13Non-Fund Based Finance
14 CAMELS - MODEL
- Capital Adequacy
- Asset Quality
- Management
- Earnings
- Liquidity
- Systems Control
15Non-Resident Indian Accounts
- Who is a Non Resident Indian?
- 1)An Indian citizen who resides outside India on
account of - a) Employment/business/vocation
- and
- b) staying outside India for an uncertain
- period
- 2)A person of Indian origin but a citizen in
- any other country except Pakistan/Bangladesh
- if at any time holding an Indian passport
166 Cs
- CHARACTER
- CAPTIAL
- CAPACITY
- COLLATERAL
- CONDITION
- COMPLIANCE
17Claytons Case
- Applicable only to a
- a) joint a/c and or a partnership a/c
- b) running c/c and o/d a/cs
- c) Not to two different a/cs
- (Right of set off is applicable)
- Based on the concept of Appropriation
18ALL THE BEST THANK YOU
- T.M.C.VARADARAJAN
- TEL 022-25638965 (R)
- 022-66364206 (O)
- e.mail t.varadarajan_at_scotiabank.com
- tmc_varadarajan_at_yahoo.co.in