Principles of Banking & Insurance: For B.B.A. (3rd Semester) of Bhagat Phool Singh Women’s University, KHANPUR

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Abstract

Insurance Concept, Classification- Life & Non- Life, functions, Importance and principles of Insurance, IRDA Act 1999; Life Insurance concept: Public & private companies scheme and products, LIC Act 1956; General Insurance concept: type, public and private companies; Bank Concept: Classification their objective & Functions; Bank Management - concept, functions, importance, Banking Regulation Act 1949 and main amendments, RBI Act 1934 and main amendments; Banking Forms, Reforms in Banking after 1991