MODERN BANKING

Course Objectives

At the end of this course the learner is expected to

  • It helps the students to understand the adoption of information technology in banking, different modes of e-banking and their applications.
  • It also gives exposure about latest developments in International banking.

UNIT - I

Introduction to International monetary system - International gold standard –fixed exchange regime- Flexible Exchange regime – Present system in IMS.

UNIT - II

Multinational banking: Introduction to Multinational Banking-the Eurodollar and Euro currency Markets. Instruments of euro currency markets.

UNIT - III

Multinational Banking: Multi nationalization of banking – organizational features of multinational banking-Problems in Multinational Banking.

UNIT - IV

International Financing by Multinational banks- Equity Financing - Bond Financing, Bank Financing, Direct Loans, Parallel Loans. Underwriting facilities - Interest rates for Money Market Instruments. Letter of credit - operations

UNIT - V

International networks for settlements-SWIFT-CHIPS-CHAPSFEDFIRE. International Financial Institutions-IMF-IBRD-IFC-IDA-MIGA-ADB-ACU.

REFERENCES

  • Foreign Exchange Management-C.Jeevanandam.
  • International Finance-Levi.
  • Global Financial Markets-Ian H. Giddy

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