jcp curriculum - institute faculty - ver july 2012

7/31/2019 JCP Curriculum - Institute Faculty - Ver July 2012

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JCP Curriculum Institute

HR L & D Team Restricted1

Outline of curriculum to be covered by institute faculty as part of the JointCertification Program {JCP}

Part I Principles & Practices of Banking

1 Indian Financial System

1.1 Recent developments in the Indian Financial System; market structure and FinancialInnovation. RBI, SEBI, IRDA etc. their major functions

1.2 Role and Functions of Banks -Regulatory provisions / enactments governing Banks,1.3 Retail Banking : Approach, Products, Marketing etc., Wholesale Banking, International

Banking1.4 Role and Functions of Capital Markets1.5 Role and Functions of Mutual Funds1.6 Role and Functions of Insurance Companies Bancassurance1.7 Importance of Risk Management in Banks-types of Risk-Impact and Management

Factoring & Forfeiting1.8 Alliances / mergers / consolidation (10) ADR/ GDR/ Off Balance Sheet

Items1.9 Participatory Notes1.10 Credit Information Bureau Ltd1.11 Fair Practices for Debt Collection1.12 Basel-ll1.13 Banking Codes and Standard Boards2 Functions of Banks2.1 Deposits

2.1.1 Banker-Customer relations - Know your Customer(KYC) guidelines-Different DepositProducts - services rendered by Banks - Mandate and Power of Attorney; Bankerslien-right of set off-garnishee order-Income tax attachment order etc.

2.1.2 Payment and collection of Cheque - duties and responsibilities of paying andcollecting banker protection available to paying and collecting banker under Nl Act endorsements forged instruments - bouncing of cheques and their implications

2.1.3 Opening of accounts for various types of customers - minors -joint account holders -HUF-firms - companies - trusts - societies - Govt. and public bodies Importance ofAML

2.2 Credit

2.2.1 Principles of lending - various credit Products / Facilities - working capital and termloans -Credit Appraisal Techniques - Approach to lending; - credit management-creditmonitoring -NPA Management

2.2.2 Different types of documents; Documentation Procedures; Stamping of documentsSecurities - Different modes of charging - types of collaterals and their characteristicsPriority Sector Lending - sectors - targets - issues/ problems - recent developments -Financial Inclusion, Agriculture/SMEs/SHGs/SSI/Tiny Sector Financing

2.3 Other Products & Services

2.3.1 Factoring, Securitisation, Bancassurance, Mutual Funds etc. Credit Cards / HomeLoans / Personal Loans / Consumer Loans - Brief outline of procedures and practicesAncillary Services: Remittances, Safe Deposit lockers etc.

3 Banking Technology

3.1 Electronic Banking Core Banking - Electronic Products


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3.2 Banking Technology - Distribution Channels - Teller Machines at the Bank Counters -Cash Dispensers -ATMs -Anywhere Anytime Banking - Home Banking (Corporate andPersonal) Electronic Payment Systems

3.3 On line Banking - Online enquiry and update facilities - Personal identificationnumbers and their use in conjunction with magnetic cards of both credit and debitcards, smartcards, signature storage and display by electronic means, cheque

truncation, microfiche, note and coin counting devices3.4 Electronic funds transfer systems - plain messages (Telex or data communication)-structured messages (SWIFT, etc..)-RTGS

3.5 Information Technology-Current Trends - Banknet, RBI net, Datanet, Nicnet, l-net,Internet, E-mail, etc.-

3.6 Role and uses of technology up gradation - Global developments in BankingTechnology - Information Technology in finance and service delivery Impact ofTechnology on Banks - Protecting the confidentiality and secrecy of data - effect oncustomers and service quality -Computer Audit -Information System Audit. InformationSystem Security and Disaster Management

4 Support Services-Marketing of Banking Services Products

4.1 Marketing Management - Meaning, Importance and Functions - Marketing of Services-Product Research & Development - Test Marketing of Bank Products - Product LifeCycle - Product Modification - New Product Development - Packaging and Branding ofBank Products - Diversification - Pricing of Bank Products and Services - Objectives,Strategies and Methods - Factors Influencing the Pricing Decisions, Importance ofPricing. Distribution - Factors Influencing - Direct and Indirect Channels of BankProducts - Physical Distribution - Channel Functions and Services - Promotion -Promotion Mix and Role of Promotion in Marketing - Marketing Information Systems.

4.2 Role of DSA/ DMA in Bank Marketing Channel Management Selling Function in aBank Portfolio and Wealth Management, Tele Marketing / Mobile Phone Banking

Part II Legal & Regulatory Aspects of Banking

1 Regulations & Compliance

1.1 Provisions of RBI Act 1935, Banking Regulation Act 1949 Banking Companies

(Acquisition and transfer of undertakings Act 1970 & 1980)1.2 Government and RBIs powers - Opening of new banks and branch licensing,

Constitution of board of directors and their rights, Banks share holders and theirrights, CRR/SLR concepts, Cash / currency management, Winding up - amalgamationand mergers, Powers to control advances-selective credit control-monetary and creditpolicy, Audit and Inspection, Supervision and control - board for financial supervision -its scope and role, Disclosure of accounts and balance sheets, Submission of returnsto RBI, Corporate Governance

2 Legal Aspects of Banking Operations

2.1 Case laws on responsibility of paying /collecting banker, Indemnities /guarantees -scope and application -obligations of a banker- precautionsand rights-laws relating to bill finance, LC and Deferred Payments - Laws relating tosecurities -valuation of securities - modes of charging securities - lien, pledge,

mortgage, hypothecation etc-registration of firms/companies-creation of charge andsatisfaction of charge


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3 Banking Related Laws

3.1 Law of limitation, Provisions of Bankers Book Evidence Act, Special features ofRecovery of Debts Due to Banks and Financial Institutions Act, 1993, TDS, ServiceTax, (d) Asset Reconstruction Companies, The Securitisation and Reconstruction ofFinancial Assets and Enforcement of Security Interest Act, 2002, The ConsumerProtection Act, 1986, Banking Ombudsman, Lok Adalats, Lenders Liability Act

4 Commercial Laws with reference to Banking Operations4.1 Indian Contract Act, 1872 (Indemnity, Guarantee, Bailment, Pledge and Agency etc)

The Sale of Goods Act1930 (Sale and Agreement to Sell, Definitions, Conditions andWarranties, Express and Implied, Right of unpaid Seller etc)

The Companies Act, 1956 (Definition, Features of Company, Types of Companies,Memorandum, Articles of Association, Doctrines of Ultravires, Indoor Managementand Constructive Notice, Membership of Company - Acquisition - Cessation, Rightsand Duties of members and register of members, Prospects and Directors)

Indian Partnership Act, 1932 (Definition and types of partnership, relation of partnersto one another - Relation of partners to third parties, Minor admitted to the benefits ofPartnership, Dissolution of firm, Effect of non registration)

The Transfer of Property Act

Foreign Exchange Management Act 2000

Prevention of Money Laundering Act

Right to Information Act

Information Technology Act


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Suggested reference material

Part Title Suggested referencematerial

I Principles & Practices of Banking Principles & Practices ofBanking, Macmillan

Publication India Ltd.II Legal & Regulatory Aspects of Banking Legal & Regulatory Aspects of

Banking, MacmillanPublication India Ltd.

jcp curriculum - institute faculty - ver july 2012

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