Principles of Banking & Insurance

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