Banks are the backbone of any successful economy. Just imagine an economy without a Bank. How can you borrow money whenever you want? What will you do with your savings in hand? How can money exchange happen across locations? Banking has given solutions to all these problems.

A basic understanding of Banking is something that is essential for everyone irrespective of their profession or educational background. Everyone has the need to interact with a Bank in some form or the other, be it a personal purpose or a professional need. Also, the Banking sector has been generating a lot of jobs in the recent times. A lot of students irrespective of their educational background are applying for Banking jobs. In order to perform well in the selection process, it is essential to understand how a Bank operates and all the features and services it provides.

This course on Banking Fundamentals is designed for anyone who is taking their first step into the world of Banking. The logical flow of this course helps you clearly understand the entire process of Banking. All the concepts are explained in very simple terms making it very easy to follow even if you don’t have any knowledge of Banking or Finance. Also, the examples used in the course will help you easily relate what you have learnt in the course to what is happening in the real world.

The course is structured as follows:

• Section 1: This section starts off by explaining what a Bank is and its basic business model.
• Section 2 and 3: The course then dwells deep into the various products offered by the Bank such as deposit and lending.
• Section 4: This section deals with various third party products offered by the Banks, making it a complete package for any beginner entering into the field of Banking.