Law Relating to Banking & Insurance – SYBBI Syllabus
Modules at a Glance
SR.NO | Module |
1 | I) Indian banking act, 1949
II) Reserve Bank of India, 1935 |
2 | I) Indian insurance act, 1949
II) IRDA |
3 | Other related acts (Actuary,Indian stamp act and Indian registration act) |
4 | Other related acts (Consumer protection act 1986) |
Law Relating to Banking & Insurance – Syllabus Overview
SR.NO |
Module |
1 | I) Indian banking act, 1949
Basic Terms- Business Permitted and Prohibited- capital- reserves- Indian banks-licensing- branches- maintain liquid assets- advances- management- Liabilities- credit creation – cooperative bank- Control over Credit II) Reserve Bank of India, 1935 Introduction-role-scheduled bank- departments- credit information- non banking financial institutions (NBFC)- liabilities under section 45-prudential norms- chit fund act- NBFC & public deposits. |
2 | I) Indian insurance act, 1949
Basic terms-registration-capital requirement- deposit-accounts and audit-registers &return-investment-social & rural insurance- Management expenses-assignment &nomination-licensing-agent commission-rebate & bonus-tariff advisory committee-surveyors-reinsurance-surrender-public grievances-obligations of insurer II) IRDA Introduction-objectives-powers-duties-functions-advisory committee- central government powers- deposit-advertising disclosures-inspections and investigations- surplus distribution-code of conduct of agents |
3 | Other related acts (Actuary,Indian stamp act and Indian registration act)
Actuary: Appointment-powers-duties-meeting-registration-innvestment-prudential norms-financial statements-code of conduct for surveyors and loss assessors-third party administration-code of conduct for TPA-content of policy documents- remuneration of brokers and claims. Indian stamp act: terms-Instruments-mode and time Indian registration act: Terms-rules-place and procedures |
4 | Other related acts (Consumer protection act 1986)
Consumer protection act 1986: Terms- objectives-redressal machinery-protection council Ombudsmen act: introduction and elementary level knowledge |
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