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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

BCSBI (THE BANKING CODES AND STANDARDS BOARD OF INDIA)

bcsbi


Important Facts About BCSBI -  


1. Registered in 2014 as a separate society under Society Registration Act, 1860

2. Registered Office - Mumbai

3. Open to all scheduled commercial banks on voluntary basis

4. Applicable to RRB also

5. Managed by Governing Council consisting of not more than 6 members (3 from RBI , 2 from Members Banks)

6. RBI extends financial support to meet its expenses although it is not a department of Reserve Bank of India

7. Rating Parameters of BCSBI -

- Customer Centricity

- Transparency

- Grievance Redressal

- Customer Feedback

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