How many subjects are there in banking?

There isn't a fixed number of subjects in banking as it's a broad field, but core areas include Accounting, Economics, Finance, Risk Management, Regulatory Compliance, and Quantitative Analysis, with specialized subjects like Investment Banking, Digital Banking, and Financial Markets covering areas from core principles to specific applications for careers or bank exams.

What are the subjects for banking?

The core syllabus across most bank exams revolves around five major subjects:

• English Language.
• Quantitative Aptitude.
• Reasoning Ability.
• General/Banking Awareness.
• Computer Aptitude (mainly in mains, merged with reasoning in many exams)

What are the 7 P's of banking?

The 7 Ps of banking are an extension of the traditional marketing mix (Product, Price, Place, Promotion) adapted for the financial services industry, adding People, Process, and Physical Evidence to cover the intangible nature of banking services, ensuring banks strategically manage staff, service delivery, and tangible touchpoints like branches and ATMs to enhance customer satisfaction and competitiveness.
 

What are the 12 words related to banking?

• Account balance. Balance in the account can be Opening Account Balance or Closing Account Balance. ...
• Account Statement. Periodic statement of all the debit and credit transactions on an account for a given statement cycle.
• Active Account. ...
• Amortization. ...
• Anytime Banking. ...
• Anywhere Banking. ...
• APR. ...
• APY.

What subjects are needed to work in a bank?

It's not necessary to have a professional degree to enter banking, but professional degrees such as a Bachelor of Business Administration (BBA) (especially a BBA in Banking), or a Bachelor of Accounting Science (BCompt) provide an added advantage.

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Which subject is best for a bank job?

Most private banking jobs require candidates with a Bachelor's degree, preferably in finance, accounting, business or economics. So, keep this in mind when choosing your subjects for graduation after completing your 10+2.

What are the 5 C's in banking?

The 5 Cs are Character, Capacity, Capital, Collateral, and Conditions. The 5 Cs are factored into most lenders' risk rating and pricing models to support effective loan structures and mitigate credit risk.

What are the 7 C's of banking?

The 7 “C's” of Credit

• Capacity. Do I have experience running a business? ...
• Cash Flow. Is my business profitable? ...
• Capital. Do I have sufficient reserves, or other people who could invest in the business, should unexpected problems or hard times arise?
• Collateral. ...
• Character. ...
• Conditions. ...
• Commitment.

What are the 5 P's of banking?

Banks have relied on the “five p's” – people, physical cash, premises, processes and paper.

What are four types of banking?

Different types of banking

• retail banking, dealing directly with individuals and small businesses;
• business banking, providing services to mid-market business;
• corporate banking, directed at large business entities;
• private banking, providing wealth management services to high-net-worth individuals and families;

What are the 3 C's of banking?

Character, capital (or collateral), and capacity make up the three C's of credit. Credit history, sufficient finances for repayment, and collateral are all factors in establishing credit. A person's character is based on their ability to pay their bills on time, which includes their past payments.

What are the 5 elements of banking?

The 5 Cs of credit or 5 Cs of banking are a common reference to the major elements of a banker's analysis when considering a request for a loan. Namely, these are Cash Flow, Collateral, Capital, Character, and Conditions.

What are the 6 core risks in banking?

CORE RISKS IN BANKING

• Credit Risk/ Investment Risk.
• Market Risk. - Liquidity Risk. - Price Risk.
• Operational Risk.

What are the core subjects in banking?

What You'll Learn

• The role of banks in the U.S. economy.
• Meeting the changing needs of customers.
• Bank products and services, including electronic banking.
• Building customer relationships.
• Major banking laws and regulations.

Is bank po exam easy?

Of all the exams conducted by the institute, the IBPS PO exams for public sector banks is considered the toughest to clear. This is due to the fact that the level of competition is higher than the other exams and the difficulty level is also higher than IBPS RRB and IBPS Clerk exams.

Which banking course is best?

Top 10 Banking Courses After 12th to Kickstart Your Finance Career

1. B.Com (Hons.) ...
2. BBA in Banking, Financial Services & Insurance (BFSI) ...
3. Integrated B.Com (Hons.) ...
4. Integrated BBA + MBA in Banking & Finance. ...
5. Bachelor's in Economics with Banking or Finance Specialisation. ...
6. B.Sc. ...
7. Diploma in Banking & Finance.

What are the 9 types of risk in banking?

The OCC has defined nine categories of risk for bank supervision purposes. These risks are: Credit, Interest Rate, Liquidity, Price, Foreign Exchange, Transaction, Compliance, Strategic and Reputation. These categories are not mutually exclusive; any product or service may expose the bank to multiple risks.

What are the four R's of banking?

Government implemented a comprehensive 4R's strategy of Recognising NPAs transparently, Resolution and Recovery, Recapitalising PSBs, and Reforms in the financial system to address the challenges faced by PSBs. The measures taken by the Government/RBI, include, inter alia, the following: 1. Credit discipline: •

What does 5ps mean?

The Five Ps of an organization are Purpose, Philosophy, Priorities, Practices, and Projections. To orient you to the Five Ps, take a few moments to review these definitions and descriptions. Above all, building a shared culture begins with a common language.

What are 7 types of loans?

Seven common types of loans include Personal Loans, Mortgages, Auto Loans, Student Loans, Home Equity Loans, Small Business Loans, and Payday Loans, each designed for different needs, from large purchases like homes to smaller expenses or starting a business, with varying terms, interest rates, and collateral requirements. 

What are the 10 functions of a bank?

Key functions of banks include: Accepting Deposits – Banks offer savings and current accounts to safeguard your money while providing interest income. Providing Loans and Advances – Banks lend money to individuals and businesses through personal loans, home loans, business loans, and overdraft facilities.

What are the 8 financial sectors?

The "8 financial sectors" often refer to distinct investment avenues, commonly including Banking (FDs), Insurance, Mutual Funds, Share Markets, Real Estate, Gold, Public Provident Fund (PPF), and Post Office Savings, providing diverse options for savings and growth, with each offering different risk, return, and liquidity profiles crucial for personal finance and economic development. These categories act as pillars of the financial system, channeling funds from savers to borrowers and investments.
 

What do banks check before giving a loan?

Your credit history is indicative of your future repayment behaviour based on your pattern of settling past loans. It helps the bank to know if you will be punctual and regular with your payments. Any default or delay in the past is investigated – the longer the delay, the lower your score will probably be.

What is a 5C payment?

Bottom line, lenders are assessing loan risk using the 5C's of credit: character, capacity, capital, collateral, and conditions.

What are the 5 pillars of credit?

Each lender has its own method for analyzing a borrower's creditworthiness. Most lenders use the five Cs—character, capacity, capital, collateral, and conditions—when analyzing individual or business credit applications.