Dear Member,

 

Wish you all a Happy and Prosperous 2018.

In 2018, your Institute will complete 90 years of service to the banking fraternity. It has been a long but fruitful journey. With support from one and all, your institute has emerged as a premier institute in banking and finance education. From merely being an examining body, your Institute has traversed a long way, keeping up with the changing banking environment and is now known for its academic activities, training, research, collaborations and consultancy. 

The journey has been incredible and I feel proud to be a part of this journey. I thank you all for your continuous support and I see a bright future for your Institute in the years to come.

Let me now take this opportunity of sharing with you some of the recent developments.

 

Capacity Building in banks

RBI vide its notification dated 11th August, 2016 had mandated that each bank should have a Board approved policy to deploy staff with adequate qualification/certification in key areas of operations - Credit Management, Treasury Management, Risk Management and Accounting & Audit.

 

The courses offered by the Institute in the areas of Treasury Operations, Risk Management and Credit Management, which have been identified by RBI under the capacity building exercise of banks, are blended in nature with an online examination followed by training for such of those candidates who successfully clear the online examination.

 

In order to help the banks in their capacity building exercise, the frequency of conducting these examinations has been increased. The exam schedule in respect of these examinations are given below.

 

EXAMINATION

EXAMINATION DATE

OPEN PERIOD OF REGISTRATION

Certified Credit Professional

 

24-02-2018

 

12-01-2018 to 30-01-2018

Certified Treasury Professional

 

24-03-2018

 

09-02-2018 to 27-02-2018

Risk in Financial Services

Please visit the website www.iibf.org.in for examination registration and more details.

 

Mock Test

Apart from mock test for all the 3 papers of JAIIB/ DB&F and 2 compulsory papers of CAIIB, the Institute has now introduced Mock test for the capacity building courses, on “Certified Credit Professional”, “Certified Treasury Professional” and “Risk in Financial Services”.  Members may take the Mock tests to have a feel of the MCQ pattern of the examination.

 

New Courses

The Institute has introduced a course for NBFCs. The first exam on the subject will be held in 21-01- 2018.

The Institute has also introduced a certificate course for Small Finance Banks. This course has been developed under the co-branding of IIBF and SIDBI with an objective to provide competencies at various levels for prospective recruits as well as for the current staff of Small Finance Banks. The first exam on the subject will be held on 24th March, 2018.

 

Virtual Classroom Solution

The Institute has acquired a software for conducting training through the Virtual Classroom mode. This will enable the Institute to disseminate the training inputs to a larger audience without diluting quality. The training for the Credit Officer course, which is one of the courses identified by RBI under the capacity building exercise of the banks, will be offered using the Virtual Classroom Solution. So far, two trainings using the virtual classroom solution have been held and the feedback received from the candidates has been very encouraging.

 

34th Sir Purshotamdas Thakurdas Memorial Lecture

The Institute organised the 34th Sir Purshotamdas Thakurdas Memorial Lecture (PTML) on 18th December, 2017 at 5.00 p.m. at SBI Auditorium, Nariman Point, Mumbai. The lecture was delivered by Dr. M.S.Sahoo, Chairperson, Insolvency and Bankruptcy Board of India (IBBI) and the topic was on “Banking on Governance: Freedom From and Freedom To”.

 

“Banking Chanakya” Quiz

As a part of the Institute’s 90th year celebration, an inter-bank quiz program titled “Banking Chanakya” was organised. The event had three rounds namely; an online round, four zonal semi-finals conducted at the four metros and a national finale at Mumbai. We are happy to announce that the response to the inter-bank quiz event was indeed overwhelming. As many as 2880 teams (each team having two people) participated in the online round.

The National Finale was held at the SBI Auditorium, Mumbai on January 12, 2018, where the winning teams from each zone participated. The grand finale will also be telecast on NDTV 24*7 on 27th January, 2018 (5.30 P.M.) and 28th January 2018 (12.30 P.M.). I thank one and all for such an overwhelming response to “Banking Chanakya”.

 

Bankers’ Meet & Outreach Programs

In addition to the inter-bank quiz competition, as a part of its 90th year celebration, the Institute has conducted “Bankers Meet” and “Outreach Programs” in Tier II and Tier III cities. So far, programs have been carried out in Hyderabad, Indore, Lucknow, Ahmedabad, Bhubaneshwar, Patna, Ranchi, Guwahati, Banasthali and Kochi.


Training

In the months of November and December 2017, training programmes have been conducted in different areas like Recovery Management, Credit Monitoring, Trainers Training, Balance Sheet Reading and KYC / AML. A Bank Executive Programme was held in November 2017, jointly by NIBM, IDRBT & IIBF. Apart from this, training programmes on Post Examination Classroom Learning for Certified Credit Professional /Treasury Professionals were also held during these months.


Research Initiatives

The Institute invites Micro Research papers, Macro Research proposals, and application for Diamond Jubilee and CH Bhabha Banking Overseas Research Fellowship (DJCHBBORF) for the year 2017-18. Details are available on the website.

 

Bank Quest

The Institute publishes a quarterly journal “Bank Quest”. The theme for October-December, 2017 issue is " Micro Research Papers 2017". The forthcoming issues will be based on the following themes.

  • Cyber Security in Banks: January – March, 2018
  • International Banking: April – June, 2018
  • Risk Management: July – September, 2018

I request members to contribute articles on above themes for publication in “Bank Quest”.


Collaborations

The Institute has signed a Mutual Recognition Agreement with the Chartered Banker Institute, Scotland. As per the agreement, bank staff who have completed their CAIIB qualification will get 100 credits and will need to study only one module on Professionalism and Ethics to qualify as a Chartered Banker.

 

Green Initiative

As part of green initiative, the Institute has discontinued sending the hard copies of the IIBF Vision with effect from October-2015 to its members. In case, you have not registered your e-mail id with the Institute, I request you to do so to enable the Institute to send copies of IIBF Vision by e-mail to you in future. You can also download issues of IIBF Vision and Bank Quest from the Institute’s website.

 

Dr. J. N. Misra

19thJanuary, 2018