Business Services -Banking

Course Title: Mastering the World of Banking - Understanding Services, Types, and Functions

Headline: Dive into the Essence of Banking: Meaning, Types, and Key Functions

Welcome to the Comprehensive Guide to Banking!

In this course, we're embarking on a detailed exploration of the banking sector. We'll uncover the meaning behind services, dissect the differences between service and goods, and delve into the three broad categories of services that encompass our subject matter. Our journey will also take us through business services, the social impact of banking, and the nuances of commercial banking functions.

What You'll Learn:

• The Nature of Services: 🎓

  • Understand the five basic features (or the five 'Is') that define a service.
  • Explore the key differentiators between services and goods.

• Banking Fundamentals: 🏦

  • Grasp the meaning of banking and its significance in today's economy.
  • Identify the various types of banks and their roles.
  • Learn about public sector vs private sector banks and their impacts on the financial landscape.

• Accounts and Financial Instruments: 💰

  • Discover different types of bank accounts, including demand drafts, overdrafts, cash credits, and the discounting of bills.
  • Understand the difference between bearer cheques and crossed cheques.
  • Compare recurring deposits versus fixed deposit accounts.

• The Digital Banking Revolution: 💻

  • Delve into e-banking and its transformative impact on banking.
  • Examine the benefits of e-banking for customers and banks alike.
  • Explore the main types of digital payments and their advantages.

• Payment Systems and Solutions: 🔄

  • Get to know POS terminals, NEFT, RTGS, IMPS, and their roles in modern banking.
  • Understand the distinction between ATMs and micro ATMs.
  • Explore the realm of internet banking and its importance in the digital age.

Course Highlights:

• Understanding Banking Services:

  • Learn about the various functions of commercial banks and how they serve businesses and individuals.

• E-banking and Digital Payments:

  • Discover the types of e-banking services available.
  • Analyze the benefits of digital payments for consumers and businesses.

• Payment Processes and Infrastructure:

  • Gain insights into how POS terminals, NEFT, RTGS, IMPS facilitate transactions.
  • Understand the infrastructure behind ATMs and micro ATMs.
  • Learn about internet banking and its role in shaping the future of commerce.

Join us on this comprehensive course to gain a deep understanding of the banking sector's intricacies, services, and functions. Whether you're a business professional, a student, or someone looking to navigate the world of finance more effectively, this course will equip you with the knowledge you need.

Your Instructor: Prabh Kirpa

Prabh Kirpa, your seasoned instructor for this course, brings years of experience in the banking and financial services sector. With a blend of academic expertise and real-world insights, Prabh will guide you through each concept with clarity and depth. Prepare to transform your understanding of banking and leverage this knowledge to make informed decisions in your personal or professional life.

Enroll now to unlock the full potential of banking services and stay ahead in a rapidly evolving financial world! 🚀🏦💰