Major · Economics · Semester 4 · SY BA · 4 credits · 100 marks · 60 hours
Module 1: Introduction to International Banking
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Meaning and scope of international banking operations - wholesale banking, retail banking, private banking and interbank businesses - current trends in international banking - offshore banking units - profitability of international banking operations - investment banking correspondent banking - international financial institutions: IMF, IBRD, BIS, IFC - Aset liability management (ALM), treasury and risk mitigation - foreign exchange management act (FEMA) - Basel norms.
Module 2: International Corporate Finance
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Meaning and scope of international corporate finance - documentation in international corporate finance - international credit rating agencies S and P, E nY - global capital markets - ADRs and GDRs - raising resources and its deployment -ECBs and FCNRs - international bond market: procedures and significance - syndicated loans. Role of foreign institutional investors FIIs.
Module 3: International Banking Operations
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Off-shore financial centers – Rationale – Characteristics of offshore financial centers – Types of offshore centers – Benefit and reasons for growth – Factors of success – Tax Havens – Major Offshore Financial Centers – International Banking facilities – Special Economic Zones (SEZs) – Regulatory concerns.
Module 4: Foreign Exchange Transactions
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Participants in Forex Market - Purchase and Sale Transactions – Spot and Forward Transactions – Ready Exchange Rates – Principal types of Buying Rates – Principal types of Selling Rates – Ready Rates based on Cross Rates. Hedging in the forex market - Speculation and risk aversion.
References
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1
International Banking, Indian Institute of Banking & Finance,First Edition 2010,Macmillan Publishers India Limited.
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2
International Banking Operations, Indian Institute of Banking & Finance,First Edition 2010,Macmillan Publishers India Limited.
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3
Anti money laundering and know your customer, Indian Institute of banking and Finance, Macmillan Publishers India Limited.
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4
C. Jeavanandam: Foreign Exchange Practice and Concepts, Sultan Chand & Sons, New Delhi.
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5
Apte P.G. International Financial Management Tata McGraw Hill, New Delhi
