Basics of Banking Certification from IIBF

Will you please tell who are eligible for Certification in Basics of Banking course of Indian Institute of Banking & Finance (IIBF) ?

[Rajkumar Agarwal]

As you want I am here telling you about the eligibility for Certification in Basics of Banking course of Indian Institute of Banking & Finance (IIBF) .

Eligibility for Certification in Basics of Banking course:

Candidate must be employees of IT and BPO Companies / DSA / DMA providing banking and finance related services.
(a) Fresh entrants
(b) Persons posted in banking and finance domain / projects

Candidate must be Graduates.

Syllabus for the course:
Course - I : Certification in Basics of Banking

I) Overview
- Structure of the Financial system and the Constituents - RBI, Commercial
banks, Financial Institutions, NBFCs, Indian capital market , Mutual funds,
Merchant banks, Insurance companies, etc.
- Brief overview of their roles and functions.
- Meaning and Objectives of Banking / Banks & Intermediation - Savings - Credit
- Types of Banking Institutions
- Principles of Banking - intermediation, liquidity, profitability, solvency, trust, etc.
- Meanings & Definition of Banking - Under British Law, Indian Law, Under
USA Law.
- Structure of Banking - Evolution, Ownership, size, structure and composition
of the industry
- Regulatory requirements - Bank Rate / Banker's Bank
- Comparative structure of banking in developed Economies like USA, UK etc.
- similarities and contrasts.
- Basics of International Banking, retail banking and wholesale banking
- Organization structure of a typical global Bank - at high level - Wholesale,
Retail, ALM & Treasury, etc. - within these the product development,
marketing, sales, operations, credit, etc. Also cover enterprise wide divisions
like Risk, Audit & Compliance, IT, Finance, HRD, Facilities, Corporate
Communications, etc.
- Global Banking - Recent trends

II) Brief on Activities at a Bank :
- Deposits :
- Deposits - different types of deposits (transaction / non-transaction, interest
bearing / non interest bearing) - usage & need of deposits at a bank - liquidity
management.
- Types of Interest Rates - fixed, floating, etc.
- Basic Operational flow for setting up & managing deposits.

The details of the prescribed syllabus which is indicative are furnished below.
However, keeping in view the professional nature of examinations, all matters
falling within the realm of the subject concerned will have to be studied by the
candidate as questions can be asked on all relevant matters under the subject.
Candidates appearing for the Examination should particularly prepare themselves
for answering questions that may be asked on the latest developments taking
place under the various subjects of the said examination although those topics
may not have been specifically included in the syllabus. The Institute also reserves
to itself the right to vary the syllabus / rules / fee structure from time to time. Any
alterations made will be notified from time to time. Further, questions based on
current developments in banking and finance may be asked.
Candidates are advised to refer to financial news papers / periodicals more
particularly "IIBF VISION" and "BANK QUEST" published by the Institute.
- Lending :
- Broad categories of lending - Working Capital, Long Term, Project
Finance, etc.
- Types of Interest Rates - fixed, floating, etc.
- Concepts of secured / unsecured & collateral management
- Value chain in loan delivery - (wholesale) Credit Appraisal and sanction -
processing / delivery - monitoring - recovery procedures, security and
documentation procedures - stamping (make generic)
- Value chain in loan delivery (retail) - Need for credit reports & computation
of credit scores - based on these template based appraisal and approval -
processing / delivery - monitoring - recovery procedures, security and
documentation procedures
- Transaction & Other Services:
- Account related services - Opening, Servicing (Statements / Reporting,
Standing instructions, etc.), Closing.
- High level discussion on evolution of Servicing at Banks - from Brick & Mortar
to ATMs, mobiles, Internet Banking, etc.
- Payment and Collection procedures- clearing house fundamentals (ACH) -
electronic funds transfer - negotiable instruments, RTGS, etc.
- Remittance facilities - forex, etc. Brief note on SWIFT.
- Trade Finance Services - need for Trade Finance desks, risks in international
trade & brief overview of Letters of Credit and Guarantees products. Business
process for an LC transaction to be explained.
- Cash Management Services - need for CMS - collections, payments & pooling
/ sweeping / liquidity management offerings to Corporate customers.
- Treasury Services - Forex & Fixed Income overview, Asset Liability
Management overview - money markets / risks involved, etc.
- Institutional Banking - need for correspondent banking - definition of Nostro,
Vostro
- Corporate Finance - Broad overview of need & activities (Advisory, IPO,
Capital Structuring, etc.)
- Bankcards - types of cards- charge cards, debit cards, credit cards,
co-branded cards, smart cards etc. - basic business process for a credit
card transaction could be explained.

III) Legal aspects & Risk Management
- Basic laws affecting Banking Operations - Compliance requirements
- Best Practices
- KYC principles - Nature of the business - Relations with Customers
- Types of Risk - Credit, Market (Interest / Liquidity), Operational, etc. Brief on
processes in Banks to control & manage Risks e.g. Market Risk Desk, Credit
Analysis, Credit Admin, etc.
- Brief overview of Basel II stipulations for managing risk

IV) Accounting :
- Nature and purpose of accounting; principles - accounting standards and its
definition and Scope - Basic Accountancy Procedures - account categories -
debit and credit concepts

- Understanding the P&L, Balance Sheet (definition of assets / liabilities),
contingents - source & deployment of funds - revenue streams in a bank
- Profit maximization - Net Interest Income, Non Interest Income, Cost to
Income ratios, etc.
- Core banking Solutions- Accounting in a computerized environment

Basics of Banking Certification syllabus- IIBF











Contact detail:
Indian Institute Of Banking & Finance
Kohinoor City
Commercial – II
Tower-I, 2nd & 3rd Floor
Kirol Road
Off-L.B.S Marg
Kurla- West
MUMBAI - 400 070

Hello sir ! Can you please provide me information related to Certification in Basics of Banking course offer by IIBP ?

[Kiran Chandar]

Hello buddy as you want here we provides you information related to
Certification in Basics of Banking course offer by IIBP as follows

Certificate Examinations for

Employees of I.T. and BPO Companies

1. Certification in Basics of Banking

2. Certification in Functions of Banks

3. Certification in Card Operations

Employees of IT and BPO Companies / DSA / DMA providing banking and
finance related services.

(a) Fresh entrants

(b) Persons posted in banking and finance domain / projects

Mode of delivery

Courses will be offered in a distant learning mode. Examination will be
conducted under on-line mode only.

Eligibility

The examination is open to employees of IT and BPO Companies providing
services to banking & finance industry

For Graduates

Examination Fees / Registration Fees

For Non-Members

First attempt `1,500/-

Subsequent each attempt `1,500/-

EXAMINATION CENTERS

1. Hyderabad 013

2. Bangalore 191

3. Mumbai 306

4. Pune 322

5. Chennai 467

6. Kolkata 568

7. Delhi 610

Exam pattern

Examinations will be held only in Online mode. Question Paper will consist of
120 objective type / multiple choice questions.

There would be no negative marking for wrong answers given to the multiple
choice questions

Passing criteria

Candidate needs to secure 60% or more marks to pass the examination

Contact Details:

INDIAN INSTITUTE OF BANKING & FINANCE

Kohinoor City

Commercial – II


Tower-I, 2nd & 3rd Floor

Kirol Road

Off-L.B.S Marg

Kurla- West

MUMBAI - 400 070

Phone : 91 - 022 - 25039746 / 9604 / 9907

Fax : 91 - 022- 25037332