[Economy Lecture3] Banking Sector: Evolution, Classification, Narsimhan, New Bank Licenses, Jan-Dhan, KVP & more

In Youtube by Mrunal

  1. Prologue
  2. L1/P6: Evolution of Banking sector in India
  3. L1/P7: Narsimhan Committee, 3-rounds of bank licenses
  4. L1/P8: Financial inclusion: PMJDY, KVP, Rupay, Small Banks-Payment Banks
  5. L1/P9: Classification of Banks and Non-Banking financial institutions (NBFI)

Prologue

  • Third lecture was done on 30th January 2015, and uploaded on youtube. Total ~2:30 hours but I’ve split it into four parts.
  • PowerPoint of the lecture, available at Mrunal.org/Download
  • Medium of instruction- Hindi.
  • English version not possible for the moment, because I’m required to teach at this batch, in Hindi/Gujarati only. Besides, same content is available in English-text articles and English PPTs on the site.

Youtube-Eco-L3

L1/P6: Evolution of Banking sector in India

  1. Indian and foreign banks in pre-independent India
  2. factors affecting location of banking industry
  3. Why was there no financial inclusion in British India, despite existence of Indian-banks?
  4. Why was RBI setup?
  5. Bank nationalization in Post independent India: Why, How, When?
  6. Problems created by Bank nationalization. How did it contribute to BoP crisis?

Youtube Link: http://youtu.be/XB9bJtb09lA

L1/P7: Narsimhan Committee, 3-rounds of bank licenses

  1. Recommendations of Narsimhan-I and Narsimhan-II Committees.
  2. Private bank licenses in 3 rounds.
  3. Bimal Jalan Committee’s “In-Principle” approval to (1) Bandhan Microfinance and (2) IDFC
  4. Bharatiya Mahila Bank (BMB) features, purpose and why is it a symbolic exercise without substance?

Youtube Link: http://youtu.be/7VCPyVXJQQk

L1/P8: Financial inclusion: PMJDY, KVP, Rupay, Small Banks-Payment Banks

  1. Define financial inclusion?
  2. Why do we need financial inclusion?
  3. Steps taken so far by various governments
  4. PM’s Jan-dhan Yojana- 6 pillars, salient features and criticism.
  5. Rupay card, what is payment gateway, how does it work? What’s the connection between Rupay card usage and 45 days?
  6. Kisan Vikas Patra- features, Shyamla Gopinath Committee and safeguards against Money laundering.
  7. Small Banks, Payment Banks: salient features-functions

Youtube Link: http://youtu.be/-MwlISnrVqw

L1/P9: Classification of Banks and Non-Banking financial institutions (NBFI)

  1. What’re financial intermediaries?
  2. What’re the difference between commercial and cooperative banks?
  3. Regional rural banks- origin, ownership, problems and amendment
  4. Cooperative banks: origin, classification, problems.
  5. AIFI (All India Financial institutions): EXIM, NABARD, SIDBI and NHB. origin, ownership, functions, past MCQs from UPSC
  6. Primary dealers: meaning, functions
  7. Non-Banking financial companies (NBFC): How are they different from Banking institutions, internal classification of NBFCs.
  8. Microfinance companies
  9. Leftover topics and the-end of Banking sector “static” portion

Youtube Link: http://youtu.be/xM3D0xaTesM