7 Best Books on Banking Theory and Practice

We have compiled a list of the Best Reference Books on Banking Theory and Practice, which are used by students of top universities, and colleges. This will help you choose the right book depending on if you are a beginner or an expert. Here is the complete list of Banking Theory and Practice Books with their authors, publishers, and an unbiased review of them as well as links to the Amazon website to directly purchase them. If permissible, you can also download the free PDF books on Banking Theory and Practice below.

1."Banking Theory and Practice" by K C Shekhar and Lekshmy Shekhar
“Banking Theory and Practice” Book Review: This comprehensive book on banking encompasses all the essential topics in the field, providing up-to-date information on the latest developments such as changes in legislation, globalization, and expansion of the banking sector. It also includes a chapter on Financial Stability that covers changes in the operating procedures of monetary policy, payments and settlement systems, and their developments in India. The book delves into crucial topics such as the introduction of NEFT, CTS, National ECS, MICR cheques, and RTGS. Additionally, each chapter ends with summaries and review questions to aid in understanding. This book serves as a vital resource for undergraduates, professional bankers, and individuals pursuing advanced and practical studies in the banking sector.

2."Modern Banking: Theory and Practice" by Muraleedharan D
“Modern Banking: Theory and Practice” Book Review: This book examines the role of the Indian Banking Sector and the latest developments in the Indian Financial System in a student-friendly manner. It covers a range of topics including modern trends in Indian banking, the use of technology, financial markets and institutions, venture capital, credit rating, modern e-payment systems, core banking, and hi-tech banking. Additionally, it delves into specific subjects such as the EXIM Bank (Amendment) Act, 2011, Factoring Regulation Act, 2011, prepaid payment instruments, and GIRO payment. This book is not only beneficial for students of Commerce, Chartered Accountancy, and postgraduate students of Management, Finance, and Economics but also for practicing managers, bankers, researchers, and anyone interested in Indian banking and the role of banks in the new era.

3."Banking Theory and Practice" by Katait Sanjay
“Banking Theory and Practice” Book Review: The book explains the objective of economic development, which relies on investment habits, and specifically addresses the rapid changes in the banking scenario in India. A key point emphasized in the book is the need for Indian banks to compete with international banking practices. To achieve this, the book explains that Indian banks must meet certain standards such as capital adequacy, asset classification, income recognition norms, and customer satisfaction. The book also covers reformative measures that have been implemented to enhance the performance of Indian banks.

4."Banking: Theory, Law And Practice" by Gordon & Tarajan
5."The Theory And Practice Of Banking" by Henry Dunning Macleod
“The Theory And Practice Of Banking” Book Review: This book is an informative and comprehensive guide to the world of banking. This book covers a wide range of topics, including the history of banking, the functions and operations of banks, the principles of credit, the role of central banks, and the relationship between banking and commerce. With its in-depth analysis and clear explanations, it offers valuable insights into the theory and practice of banking. This book is a must-read for students, professionals, and anyone interested in understanding the intricacies of the banking industry.

6."A Text on Banking Theory Law and Practice" by Gajendran
“A Text on Banking Theory Law and Practice” Book Review: This book provides comprehensive information on banking including topics such as commercial banking, central banking, and banking regulations. It also covers the functions of the Reserve Bank of India and the services it offers to various sectors of society. Written for students of economics, banking professionals, chartered accountants, and anyone interested in the business field, this book serves as a valuable resource for gaining knowledge and insights into the banking industry.

7."Banking Systems Simulation: Theory, Practice, and Application of Modeling Shocks, Losses, and Contagion" by Stefano Zedda
“Banking Systems Simulation: Theory, Practice, and Application of Modeling Shocks, Losses, and Contagion” Book Review: This book presents a theoretical framework for risk modeling in the banking system, with a global finance perspective. It explores the risks associated with individual banks, common bank exposures, and contagion effects. By providing the foundational elements of modeling and simulation, the book illustrates various techniques used in creating a comprehensive systems model. It covers mathematical and legal concepts relevant to banking risk analysis and addresses common challenges faced by researchers. The book includes software descriptions, references, and tools to facilitate a deeper understanding of the topics. It serves as a valuable resource for graduate-level students in banking, finance, and computational methods, as well as banking researchers focused on computational analysis.

We have put a lot of effort into researching the best books on Banking Theory and Practice and came out with a recommended list and their reviews. If any more book needs to be added to this list, please email us. We are working on free pdf downloads for books on Banking Theory and Practice and will publish the download link here. Fill out this Banking Theory and Practice books pdf download" request form for download notification.

Subscribe to our Newsletters (Subject-wise). Participate in the Sanfoundry Certification contest to get free Certificate of Merit. Join our social networks below and stay updated with latest contests, videos, internships and jobs!

Youtube | Telegram | LinkedIn | Instagram | Facebook | Twitter | Pinterest
Manish Bhojasia - Founder & CTO at Sanfoundry
Manish Bhojasia, a technology veteran with 20+ years @ Cisco & Wipro, is Founder and CTO at Sanfoundry. He lives in Bangalore, and focuses on development of Linux Kernel, SAN Technologies, Advanced C, Data Structures & Alogrithms. Stay connected with him at LinkedIn.

Subscribe to his free Masterclasses at Youtube & discussions at Telegram SanfoundryClasses.