Foundations of Modern Banking

Foundations of Modern Banking is a reference book designed for Semester 1 students of the B.Com Honours and B.Com Professional Honours Programmes under Calicut University’s Four-Year Undergraduate Programme (2024 regulations).This book provides a clear introduction to modern banking, covering topics like the evolution and functions of banking, banker-customer relationships, regulatory frameworks, AI and innovation in banking, and cyber security. It serves as a useful guide for both students and teachers.While the content draws on insights from established authors in the field, this book has been thoughtfully compiled to support academic learning. Special thanks go to Prof. A. Vinod and Dr. O.K. Udayakumar for their encouragement and guidance.