Over all view of Retail Banking; Capital Market; BehaviouralScience, Sales Management, Investment Products
MBA, BBA, BCom, MCom
Beginner
Last Updated Fri, 12-July-2022English
What Will I Learn?
Sensitizes the students about the opportunities in BFSI,), Live hands-on NSE terminal for Capital Market
Besides regular study, the student will have an edge over the others by having “working knowledge “of the job roles which are there in the said domain. Students having undergone this “internship “will get priority over others for placements
Banking System in India
Finance and Accounting for Bankers
RBI Act-Role and Functions and Banking Regulation Act
Structure of Banks–Division and its Functions
Concept of Money and Interest
Definition of KYC
RBI on KYC & Laws in India
Why KYC–Objectives & Process flow for CASA and Term Deposit Accounts
Types & Documentation of Savings- Minor, Sr. Citizen, Salary, No frill, Student, Women, Sole & Joint accounts.
CA-Entitieseligibletoopenaccount,MABrequirement,KYCrequirement,ProductVariants,
Introduction to NR- NRO, NRE, FCNR and RFC Accounts—Documentation & AOF Filing.
Introduction to HUF, Partnership, Limited Company & TACS Accounts-Documentation.
Week 2
Definition of AML&CFT(Combating Financing of Terrorism)
Stages of AML & Risk involved.
Monitoring & Checking of Suspicious Transactions and Reporting process for High Value cash deposits.(10Lac)
Customer Due Diligence and Document Verification Understating to AOF, Account Portability and Account Opening Process.
How to fill AOF to reduce rework /rejection and Improvement in TAT &Form Filling Exercise(s).
Vault Opening/Closing& Cash Deposit/Withdrawal Process
Bait Money, Cash Retention Limit &Vault Key Management
Cash in Transit process, Concept &Role of Currency Chests
Cash Sorting as per Clean Note Policy.
Security Features of New Bank Notes, Note Refund Rules Handling Fake Currency& Reporting to FIU.
Negotiable Instrument Act- Cheque, DD,PN,BOE
Week 3
Introduction of MICR Clearing & ECS, Elements of Cheque,
understanding of Inward/Outward Clearing
CTS–Definition, Features of CTS Cheque, P2F Session, Process Flow & Cheque Handling
Understanding of Non MICR/MICR/ CTS Clearing – Process Flow &Reconciliation.
Funds Transfer Methods-NEFT,RTGS,IMPS
Relationship Management
Prospecting of Customers
Customer Profiling
CASA Acquisition
Communication Skills
Business Etiquettes
Body Language
Formal Dressing / Presentation
Mock Interviews, Group Discussion, Case Studies, Role Plays
Short Film/Videos/Live Sessions