Basics of Indian Banking and Fraud Risk Management

Rapid industrialization and economic growth have resulted in the resurgence and consolidation of the Indian banking and financial sector. This increased penetration in banking services has created a need for spreading knowledge and awareness about the services and products offered by banks and financial institutions. This course serves as a gateway to financial literacy, offering insights into how banks function, their role, and their impact on individuals and businesses. It provides a practical understanding of basic terms and products offered by banks in India, the process and procedures to avail them, and the knowledge to face the threats and frauds in both online and offline banking domains.

From the core principles and concepts of conventional banking systems to navigating the digital and online banking landscape, the course covers all the ins and outs of the complexities and challenges of Indian banking in a simple way. The topics covered in this course are : Basics of Indian banking, types of banks and deposit accounts, E-banking, understanding loans, credit and card transactions, Adhara-enabled payment system and UPI, types of fraud risk, fraud monitoring and risk management and the current fraud trends in retail banking.

This course is best suited for beginners interested in learning about the Indian banking system and understanding the fundamental products and services offered by them. It also matches the needs of those new to the world of finance and seeks to understand the Indian banking system and its challenges along with raising their financial literacy. Enroll