BANKING – I & BANKING – II (CALICUT UNIVERSITY SCHEME)
The book, entitled “Banking I & Banking II” written by Noushad Chengodan (Asst. Prof. in Economics, P.S.M.O. College, Tirurangadi), aims to serve as a concise text to the needs of the students of the University of Calicut under the Choice based Credit and Semester System (CCSS – B.A. Economics: Semester I & Semester II (Complementary). Financial system played a strategic role in the socio-economic development of the nation. Various instruments exist, such as Treasury bills, commercial paper, bankers’ acceptances, certificates of deposit, bills of exchange. Money Market and Capital Markets are crucial parts of financial market. This book contains four chapters; namely: Module I: Evolution; Significance & Functions of Banks; Module II: Structure; Principles & Nationalisation of Banks. Semester – II – Module I: Negotiable Instruments; Money Market & Credit Creation; Module II: Accounts; Guarantees & Crossing of the Cheques.