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Why is JAIIB Certification Important?

  Junior Associates of the Indian Institute of Bankers (JAIIB) is a professional certification program offered by the Indian Institute of Banking and Finance (IIBF). IIBF was established in 1928 and offers various courses related to banking career enhancement. 1. Skill Enhancement The JAIIB certification program offers a comprehensive curriculum that equips banking professionals with essential skills. By understanding core banking principles, participants can better handle customer queries, manage accounts, and offer sound financial advice. This knowledge enhances efficiency and decision-making in day-to-day operations. 2. Career Advancement For many banking professionals, obtaining the JAIIB certification is a stepping stone to career growth. It opens up avenues for promotions and higher responsibilities. Employers often view JAIIB holders as dedicated and knowledgeable candidates, making them more likely to be considered for managerial roles or specialized positions. Some of the bank
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Alliance / Merger / Consolidation


  • Alliance - Mutual agreement between companies to exchange or integrate business resources for mutual gain. Although they remain separate entities.
    • Advantage -
    •  i. To obtain market growth
    • ii. To construct broader business systems by linking a company's internal core competencies with the best of breed capabilities of its allies.   

  • Merger - Also known as amalgamation. Combination of two or more companies into a single company, where one survives with its name and other lose their corporate existence.
           

Types of Merger

  • Consolidation - Both companies lose their identity. A new third identity is created.

  • Acquisition or Take Over - Refers to the acquiring of a controlling stake in the ownership of a company by another entity. One company buy share capital of another company.

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