1. ACCOUNTING…

2. •AKSHAY SURVE
•RAVI SINGH
•PRATIK SINGH
•POOJA SINGH
•YASHASHRI SURVE

4. 1. Definition- Under English common law, a banker
is defined as a person who carries on the business of banking
on behalf of any person.
2. Origin-
3. History -

5. Forms of banking -
1) Mesopotamia
2) Egypt
3) India
4) China
5) Greece
6) Rome

6.  The traditional banking functions of accepting
deposits, money lending, money changing, and
transferring funds were combined with the
issuance of bank debt that served as a substitute
for gold and silver coins.

7. The sealing of the Bank
of England Charter
(1694)
In 1694 led to the establishment of the Bank of
England. The Bank of England succeeded in raising
money for the government at relatively low rates.

8.  In 18th-century London the Bank of England had a
monopoly over corporate banking, and even large
partnerships were prohibited. But private banks, though
relatively small, personal enterprises, continued to find
profitable business in discounting merchants' bills. In the
latter half of the century small banks in country towns grew
rapidly in number and needed "correspondent" banks in
London with which they could deposit and invest funds. The
London banks in turn settled accounts in Bank of England
notes, and by the end of the century many kept their own
deposit accounts with the Bank of England. A structure that
led to the development of the concept of a central bank.

9.  In the nineteenth century, spurred at first by
financing required for the Napoleonic wars and
then by the explosion of railroads in Europe, banks
evolved into large commercial entities, lending to
the public, and often publicly traded. Jews were
founders and leaders of many of the important
early European banks, as well as significant banks
in the United States. Several Jewish bankers became
extremely influential, successfully competing with
non-Jewish banking houses in the floating of
government loans.

10. 1930s Great Depression
Crowd at New York's American Union Bank
during a bank run early in the Great
Depression.
1980s deregulation
and globalisation
Bishopsgate in the City of
London

11. Globalisation:-
In the late 18th century there was a massive growth in
the banking industry. Banks played a key role in
moving from gold and silver based coinage to paper
money, redeemable against the bank's holdings.
Within the new system of ownership and
investment, the state's role as an economic factor
grew substantially.
20th century:-
The first decade of the 20th century saw the Panic of
1907 in the US, which led to numerous runs on
banks and became known as the bankers panic.

12. 21st century
The banking industry is undergoing a rapid transformation world
wide propelled by two major factors: global convergence and
information technology. The power of information technology is
driving the banking industry as never before, leading to faster, better
and cheaper banking services. The banking sector considers no
boundary in the present economic scenario. ‘Universal Banking’ has
become a common phenomenon in the present economic
environment.
In the wake of the liberalization policies, the traditional and
conservative face of Indian banking has undergone a significant
change. The Indian banking industry is undergoing a paradigm shift
in scope, context, structure, functions and governance. The
information and communication technology revolution is radically
changing the operational environment of the banks. “Technology
driven” products have now become very common in the present

13. NO. Banking Services NO. Banking Services
1. Automated Teller Machine (ATM) 13 Digital Payment System
2. Tele Banking (DPS)
3. Electronic Funds Transfer (EFT) 14 Cyber Cash
4. ATM Card 15 Shared Payment Network
System (SPNS)
5. Credit Card
16 E-cheques
6. Debit Card
17 Real Time Gross Settlement
7. Point of Sale (POS) Terminal (RTGS)
8. Demat Accounts
9. Online Banking
10. Clearing House Automated Payment
System (CHAPS)
11. Electronic Data Interchange
12. Society for World Wide Inter-banking
Fast Transfers (SWIFT)

14. WORLD :-
Rank Bank Assets Date
Country ($b)
1. BNP Paribas France 2,792.10 30/06/2011
2. HSBC Holdings UK 2,690.90 30/06/2011
India:-
Rank Bank Number No. of Total Net Profit (Rs
of Employee Incom Mn)
Branches s e (MN)
1. State Bank 9143 198774 431836 44067
of India
2. ICICI Bank 557 25479 187676 25401
Limited

15.  Counting other's money, keeping its record, en-cashing
cheques and drafts cannot be an interesting work,
someone may say cyni-cally. There cannot be personal
involvement and originality in doing such a work,
others may think. They may consider bank employees
to be computers, adding and subtracting all the time.
But this is decidedly a better career.

16. THANK