JAIIB & DBF 2020 Exam Date Postponed: JAIIB exam date 2020 was released by the Indian Institute of Banking & Finance (IIBF) on its official website and exam was scheduled in the month of may but  due to Coronavirus, JAIIB & DBF exams have been postponed. Revised dates are yet to be announced.  If you interested to know exact exam dates of JAIIB 2020 then stay tuned to bankersadda.

Click here for new batch for JAIIB preparation

JAIIB also known as Junior Associate of the Indian Institute of Bankers is conducted twice annually. The main agenda of JAIIB is to impart basic knowledge in banking and financial services, making healthy customer relations,basic accountancy and legal aspects necessary for carrying out day to day banking operations. Only in-service employees of the banking sector are eligible to appear for JAIIB. Whereas, DBF (Diploma in Banking and Finance) is open to non-banking candidates also who have cleared 10+2. There is no provision of Age Limit in JAIIB & DBF exam.

Click Here to Download Free Study Material For JAIIB

JAIIB Examination 2020

Interested candidates can check JAIIB Registration 2020 details in the table mentioned below. The complete JAIIB Notification 2020 will be released in due course.

Examination Date Time Subject
July/August ONLINE – Will be given in the admit Letter Principles & Practices of Banking
July/August ONLINE – Will be given in the admit Letter Accounting & Finance for Bankers
July/August ONLINE – Will be given in the admit Letter Legal & Regulatory Aspects of Banking


JAIIB May 2020: Registration Fee

(EXAMINATION ELIGIBLE FOR MEMBERS ONLY)
SR. NO. NAME OF THE EXAM ATTEMPTS Normal Examination Fees For Members (RS)
1 JAIIB First attempt fee 2,700*
Second attempt fee 1,300*
Third attempt fee 1,300*
Fourth attempt fee 1,300*

*Plus GST as applicable

  • From 24.02.2020 to 01.03.2020  – Normal Examination fees
  • From 02.03.2020 to 15.03.2020 – Normal Examination fees plus Rs 100/-
  • From 16.03.2020 to 22.03.2020 – Normal Examination fees plus Rs 200/-

JAIIB November 2020: Examination Date

Examination Date Time Subject
1st November 2020 ONLINE – Will be given in the admit Letter Principles & Practices of Banking
8th November 2020 ONLINE – Will be given in the admit Letter Accounting & Finance for Bankers
22nd November 2020 ONLINE – Will be given in the admit Letter Legal & Regulatory Aspects of Banking

JAIIB November 2020 exam dates are as follows:

  • From 01.09.2020 to 07.09.2020  – Normal Examination fees
  • From 08.09.2020 to 21.09.2020 – Normal Examination fees plus Rs 100/-
  • From 22.09.2020 to 30.09.2020 – Normal Examination fees plus Rs 200/-

Check JAIIB Syllabus 2020

DBF Examination 2020

Interested candidates can check DBF Registration 2020 details in the table mentioned below. The complete DBF Notification 2020 will be released in due course.

Examination Date Time Subject
To Be Notified Soon ONLINE – Will be given in the admit Letter Principles & Practices of Banking
To Be Notified Soon ONLINE – Will be given in the admit Letter Accounting & Finance for Bankers
To Be Notified Soon ONLINE – Will be given in the admit Letter Legal & Regulatory Aspects of Banking


DBF May 2020: Registration Fee

(EXAMINATION ELIGIBLE FOR MEMBERS ONLY)
SR. NO. NAME OF THE EXAM ATTEMPTS Normal Examination Fees For Members (RS)
1 DBF First attempt fee 32,00*
Second attempt fee 1,000*
Third attempt fee 1,000*
Fourth attempt fee 1,000*

*Plus GST

  • From 24.02.2020 to 01.03.2020  – Normal Examination fees
  • From 02.03.2020 to 15.03.2020 – Normal Examination fees plus Rs 100/-
  • From 16.03.2020 to 22.03.2020 – Normal Examination fees plus Rs 200/-

DBF November 2020: Examination Date

Examination Date Time Subject
1st November 2020 ONLINE – Will be given in the admit Letter Principles & Practices of Banking
8th November 2020 ONLINE – Will be given in the admit Letter Accounting & Finance for Bankers
22nd November 2020 ONLINE – Will be given in the admit Letter Legal & Regulatory Aspects of Banking


DBF November Exam 2020: Registration Fee 

  • From 01.09.2020 to 07.09.2020  – Normal Examination fees
  • From 08.09.2020 to 21.09.2020 – Normal Examination fees plus Rs 100/-
  • From 22.09.2020 to 30.09.2020 – Normal Examination fees plus Rs 200/-

Frequently asked Questions:

Q. What is the last date to apply for JAIIB?

Ans. The last date to apply for JAIIB 2020 was 22nd March 2020.

Q. Can a banking aspirant fill this form?

Ans. No, It is for candidates already working in the banking sector.

Q. Do I have to pay Registration fee JAIIB November 2020 as well?

Ans. If  a candidate wants to appear for JAIIB November 2020 then he/she has to pay the registration fee.

Check DBF Syllabus 2020

Click here for new batch for JAIIB preparation

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JAIIB & DB&F Exam 2018 PAPER 1: Notes of Principles & Practices of Banking PART B (in continue)

Dear Readers,



In the previous posts, we have discussed about the JAIIB/DB&F, exam pattern, Eligibility, schedule of the exam, syllabus and study plan in details subject wise. 



Now, we will be starting up with the Notes and Quizzes Subject wise and chapter wise starting up with the Paper 1 Subject – Principles & Practices of Banking 



PART B – BANKING REGULATION (In Continuation)


ROLE AND FUNCTIONS OF RBI (In Continuation)


Banker and Debt Manager to Government 
A key RBI role is managing the government’s banking transaction. Like individuals, businesses and banks, governments need a banker to carry out their financial transactions in an efficient and effective manner, including the raising of resources from the public. As a banker to the central government, the Reserve Bank maintains Government’s accounts, receives money into and makes payments out of these accounts and facilitates the transfer of government funds. By Statute RBI is banker to Central Government and it also acts as the banker to those state governments that have entered into a agreement with it.


Banker to Banks
All Banks maintain account with RBI to facilitate transfer of funds and settle inter-bank transactions— such as borrowing from and lending to other banks—and customer transactions. As the banker to banks, the Reserve Bank fulfills this role.
As the banker to banks RBI focuses on :
(a) Enabling smooth, swift and seamless clearing and settlement of inter-bank obligations.
(b) Providing an efficient means of funds transfer for banks.
(c) Enabling banks to maintain their accounts with it for purpose of statutory reserve requirements.
(d) Acting as lender of the last resort.


Lender of the last resort : The Reserve Bank provides liquidity to banks which are unable to raise short-term liquid resources from the inter-bank market. Like other central banks, the Reserve Bank considers this as a critical function because it protects the interests of depositors, which in turn, has a stabilizing impact on the financial system and on the economy as a whole.


Regulator of the Banking System
Banks are fundamental to the nation’s financial system. The central bank has a critical role to play in ensuring the safety and soundness of the banking system—and in maintaining financial stability and public confidence in this system. As the regulator and supervisor of the banking system, the Reserve Bank protects the interests of depositors, ensures a framework for orderly development and conduct of banking operations conductive to customer interests and maintains overall financial stability through preventive and corrective measures.
Different departments of the Reserve Bank oversee the various entities that comprise India’s financial infrastructure. RBI oversees :
(a) Commercial banks and all-India development financial institutions.
(b) Urban co-operative banks
(c) Regional Rural Banks (RRBs), District Central Cooperative Banks and State Cooperative Banks
(d) Non-Banking Financial Companies (NBFCs)


The RBI’s Regulatory Role
As the nation’s Banking regulator, the Reserve Bank performs various functions such as Licensing, Prescribing capital requirements, Monitoring governance, Setting prudential regulations to ensure solvency and liquidity of the banks, Prescribing lending to certain priority sectors of the economy, Regulating interest rates in specific areas, Setting appropriate regulatory norms related to income recognition, asset classification, provisioning, investment valuation, exposure limits, etc. To achieve this objective, the Reserve Bank makes use of several supervisory tools, they are :
On-site inspections, off-site surveillance, making use of required reporting by the regulated entities and thematic inspections, scrutiny and periodic meetings.
The Board for Financial Supervision oversees the Reserve Bank’s regulatory and supervisory responsibilities.


Corporate Governance
The Reserve Bank’s policy objective is to ensure high-quality corporate governance in banks. It has issued guidelines stipulating ‘fit and proper’ criteria for directors of banks. In terms of the guidelines, a majority of the directors of banks are required to have special knowledge or practical experience in various relevant areas. The Reserve Bank also has powers to appoint additional directors on the board of a banking company.


Manager of Foreign Exchange
The Reserve Bank is responsible for administration of the Foreign Exchange Management Act, 1999 and it regulates the market by issuing licenses to banks and other select institutions to act as Authorised Dealers in foreign exchange. In recent years, with increasing integration of the Indian economy with the global economy arising from greater trade and capital flows, the foreign exchange market has evolved as a key segment of the Indian financial market. The Reserve Bank plays a key roe in the regulation and development of the foreign exchange market and assumes three broad roles relating to foreign exchange :
(a) Regulating transactions related to the external sector and facilitating the development of the foreign exchange market
(b) Ensuring smooth conduct and orderly conditions in the domestic foreign exchange market
(c) Managing the foreign currency assets and gold reserves of the country.


The Foreign Exchange Department (FED) is responsible for the regulation and development of the market. On a given day, the foreign exchange rate reflects the demand for and supply of foreign exchange arising mainly from trade and capital transactions. The RBI’s Financial Markets Department (FMD) participates in the foreign exchange market by undertaking sales/purchases of foreign currency to ease volatility in periods of excess demand for/supply of foreign currency. The Department of External Investments and Operations (DEIO) invests the country’s foreign exchange reserves built up by purchase of foreign currency from the market. In investing its foreign assets, the Reserve Bank is guided by three principles : safety, liquidity and return.

The foreign exchange reserves fluctuation reflecting to dynamic economic activity of the country. RBI closely monitors the forex reserves and discloses reserves position to the market through its Weekly Statistical Supplement (WSS). According to the latest WSS as on 03.10.2014, the forex reserves of the country stands at US$311.42 billion.

Principles & Practices of Banking, (Paper 1)
To see the Syllabus and Chapters of this subject, kindly follow the below link –


JAIIB AND DB&F Paper 1 Syllabus: Principles & Practices of Banking

We will post Quizzes based on the Notes after finishing the PART A and PART B means Chapter 1 and Chapter 2 which we will include Objective type questions based on the exam pattern.

 

IIBF has Released the Schedule/Exam dates for JAIIB and DB&F exams and the registration to apply for the same has been started.


To Register, Click here



To Apply For DB&F Online, Click Here



To Apply for JAIIB Examination, Click here

 

 
For any query/issue/support/guidance related to IIBF, JAIIB or DB&F, you can contact us through: http://support.adda247.com or reply in comment section with @Kabir Mod for the same.

Success is the sum of small efforts, repeated day in and day out. Believe you can and you’re halfway there. All the best for Upcoming Exams.
You may also like to read:

JAIIB & DB&F Exam 2018 PAPER 1: Notes of Principles & Practices of Banking PART B (in continue)

Dear Readers,



In the previous posts, we have discussed about the JAIIB/DB&F, exam pattern, Eligibility, schedule of the exam, syllabus and study plan in details subject wise. 



Now, we will be starting up with the Notes and Quizzes Subject wise and chapter wise starting up with the Paper 1 Subject – Principles & Practices of Banking 



PART B – BANKING REGULATION (In Continuation)


ROLE AND FUNCTIONS OF RBI


To highlight, they are as under :
i. Monetary Authority
ii. Issuer of Currency
iii. Banker and Debt Manager to Government
iv. Banker to Banks
v. Regulator of the Banking System
vi. Manager of Foreign Exchange
vii. Maintaining Financial Stability
viii. Regulator and Supervisor of the Payment and Settlement Systems
ix. Developmental Role


Monetary Authority
Monetary policy refers to the use of instruments under the control of the central bank to regulate the availability, cost and use of money and credit. The goal of a monetary policy is to achieve specific economic objectives, such as low and stable inflation and promoting growth.


The main objectives of monetary policy in India are :
(a) Maintaining price stability
(b) Ensuring adequate flow of credit to the productive sectors of the economy to support economic growth
(c) Financial stability


In order to achieve these objectives RBI’s framework is based on a multiple indicator approach. This means that RBI monitors and analyses the movement of a number of indicators including interest rates, inflation rate, money supply, credit, exchange rate, trade, capital flows and fiscal position, along with trends in output based on policy perspectives. RBI uses several direct and indirect instruments in the formulation and implementation of monetary policy.


Direct Instruments


Cash Reserve Ratio (CRR) : The Reserve Bank traditionally relied on direct instrument of monetary control such as Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR). Cash Reserve Ratio indicates the quantum of cash that banks are required to keep with the Reserve Bank as a proportion of their net demand and time liabilities. In terms of Section 42 (1) of the Reserve Bank of India Act, 1934, the Reserve Bank, having regard to the needs of securing the monetary stability in the country, prescribes the CRR for SCBs without any floor or ceiling rate. Reserve Bank does not pay any interest on the CRR balances maintained by SCBs with effect from the fortnight beginning March 31, 2007.


Penalty for non maintenance of CRR
In case of default in maintenance of CRR by SCBs penal interest is charged as under :
i. In case of default in maintenance of CRR requirement on a daily basis which is presently 95 percent of the total CRR requirement, penal interest will be levied for that day at the rate of three percent per annum above the Bank Rate on the amount by which the amount actually maintained falls short of the prescribed minimum on that day and if the shortfall continues on the next succeeding day/s, penal interest will be recovered at the rate of five percent per annum above the Bank Rate.
ii. In case of default in maintenance of CRR on average basis during a fortnight, penal interest will be levied as envisaged in sub-section (3) of Section 42 of Reserve Bank of India Act, 1934.
SCBs are required to furnish the particulars such as date, amount, percentage, reason for default in maintenance of requisite CRR and also action taken to avoid recurrence of such default.


Statutory Liquidity Ratio (SLR) : It is share of net demand and time liabilities that banks must maintain in safe and liquid assets, such as government securities, cash and gold. SLR prescribes the amount of money that banks must invest in securities issued by the government. The value of such assets of a SCB shall not be less than a fixed percentage of its total Demand and Time Liabilities in India as on the last Friday of the second preceding fortnight as the Reserve Bank may specify from time to time.
Following are the assets in which Banks are investing for maintaining SLR :
(a) Cash or
(b) Gold valued at a price not exceeding the current market price, or
(c) Investment in the specified instruments which will be referred to as “Statutory Liquidity Ratio (SLR) securities”.


Penalties
If a banking company fails to maintain the required amount of SLR, it shall be liable to pay to RBI in respect of that default, the penal interest for that day at the rate of three per cent annum above the Bank Rate on the shortfall and if the default continues on the next succeeding working day, the penal interest may be increased to a rate of five percent annum above the Bank Rate for the number of days of default on the shortfall. 
Indirect Instruments


Liquidity Adjustment Facility (LAF) : Consists of daily infusion or absorption of liquidity on a repurchase basis, through repo (liquidity injection) and reverse repo (liquidity absorption) auction operations, using government securities as collateral. Under LAF-Repo rate, Banks can borrow from RBI at the Repo-rate by pledging government securities over and above the statutory liquidity requirements.


Repo/Reverse Repo Rate : These rate under the Liquidity Adjustment Facility (LAF) determine the corridor for short-term money market interest rates. In turn, this is expected to trigger movement in rates in other segments of the financial market and the real economy.
Open Market Operations (OMO) : Outright sales/purchases of government securities, in addition to LAF, as a tool to determine the level of liquidity over the medium term. Since 2012, RBI has been using this instrument as a pure LAF, liquidity instrument. 


Marginal Standing Facility (MSF) : MSF was instituted under which scheduled commercial banks can borrow (even by dipping into SLR portfolio) over night at their discretion up to 2% (wef 17/4/2012) of their respective NDTL at 100 basis points above the repo rate, against approved government securities, to provide a safety valve against unanticipated liquidity shocks.


Minimum request size : Request will be received for a minimum amount of Rs. One Crore and in multiples of Rs. One Crore thereafter.


Bank Rate : It is the rate at which the Reserve Bank is ready to buy or rediscount bills of exchange or other commercial papers. It also signals the medium-term stance of monetary policy.


Market Stabilisation Scheme (MSS) 
In 2004, a Market Stabilisation Scheme (MSS) was introduced for issuing of treasury bills and dated securities over and above the normal market borrowing programme of the Central Government for absorbing excess liquidity. The Reserve Bank maintains a separate MSS cash balance of the Government, which is not part of the Consolidated Fund of India. A State Government account can be in overdraft for a maximum 14 consecutive working days with a limit of 36 days in a quarter. The rate of interest on WMA is linked to the Repo Rate. Surplus balances of State Governments are invested in Government of India 14-day Intermediate Treasury bills in accordance with the instructions of the State Governments. 


Issuer of Currency
The Reserve Bank is the nation’s sole note issuing authority. Along with the Government of India, RBI is also responsible for the design and production and overall management of the nation’s currency, with the goal of ensuring an adequate supply of clean and genuine noes. The Reserve Bank also makes sure that there is an adequate supply of coins, produced by the government. The Reserve Bank has the authority to issue notes up to value of Rupees Ten Thousand. As an anti-counterfeiting measure, the RBI takes initiative in upgrading the security features of bank notes. Coins is circulation at present are in denominations of 50 paise, 1, 2, 5 and 10 Rupee, and Notes in circulation are in denominations or Rs. 5, 10, 20, 50, 100, 500 and 1000. As per Indian Coinage Act – Rupee coin (1 and above) can be used to pay/settle for any sum where as Paise 50 coin can be used to pay/settle any sum not exceeding Ten Rupees.

Principles & Practices of Banking, (Paper 1)
To see the Syllabus and Chapters of this subject, kindly follow the below link –


JAIIB AND DB&F Paper 1 Syllabus: Principles & Practices of Banking

We will post Quizzes based on the Notes after finishing the PART A and PART B means Chapter 1 and Chapter 2 which we will include Objective type questions based on the exam pattern.

 

IIBF has Released the Schedule/Exam dates for JAIIB and DB&F exams and the registration to apply for the same has been started.


To Register, Click here



To Apply For DB&F Online, Click Here



To Apply for JAIIB Examination, Click here

 

 
For any query/issue/support/guidance related to IIBF, JAIIB or DB&F, you can contact us through: http://support.adda247.com or reply in comment section with @Kabir Mod for the same.

Success is the sum of small efforts, repeated day in and day out. Believe you can and you’re halfway there. All the best for Upcoming Exams.
         

You may also like to read:

JAIIB & DB&F Exam 2018 PAPER 1: Notes of Principles & Practices of Banking PART A (in continue)

Dear Readers,



In the previous posts, we have discussed about the JAIIB/DB&F, exam pattern, Eligibility, schedule of the exam, syllabus and study plan in details subject wise. 



Now, we will be starting up with the Notes and Quizzes Subject wise and chapter wise starting up with the Paper 1 Subject – Principles & Practices of Banking 



PART A – INDIAN FINANCIAL SYSTEM (In Continuation)


EQUITY AND DEBT MARKET
Marketability of corporate securities, i.e., bonds, debentures and convertible debentures, enables corporates to raise debt, while debenture holders enjoy very high liquidity. All securities quoted on stock exchanges and freely bought and sold on these exchange can be issued only after obtaining approval of the capital market regulator viz., SEBI.


Stock Exchanges
A stock exchange is duly approved by the regulators to provide sale and purchase of securities on behalf of investors. The stock exchanges provide clearing house facilities for netting of payments and securities delivery. Clearing houses guarantee all payments and deliveries. Securities include equities, debt and derivatives.


Brokers
Only brokers approved by the capital market regulator can operate on the stock exchange. Brokers perform the job of intermediating between buyers and sellers of securities. They help build-up an order book, carry out price discovery and are responsible for brokers’ contracts being honored. The services are subject to brokerage.


Equity and Debt Raisers
Companies wishing to raise equity or debt through stock exchange have to approach a capital market regulator with the prescribed applications and a performa prospectus for permission to raise equity and debt and to get the listed on a stock exchange.


Investment Bankers (Merchant Bankers)
Merchant banks undertake a number of activities such as undertaking the issue of stocks, fund raising and management. They also provide advisory services and counsel on mergers and acquisitions etc. They are licensed by the capital market regulators.


Foreign Institutional Investors (FIIs)
FII is an investor or investment fund that is from or registered in a country outside of the one in which it is currently investing. FIIs are foreign-based funds authorized by the Capital Market Regulator to invest in the Indian equity and debt market through stock exchanges.


Depositories
Depositories hold securities in dematerialized (Demat) form (as opposed to physical form), maintaining accounts of depository participants who, in turn, maintain sub-accounts of their customers. On instructions of the stock exchange clearing house, supported by documentation, a depository transfers securities from the buyers to sellers accounts in electronic form.


Mutual Funds
A mutual fund is a form of Collective Investment that pools money from investors and invests in Stocks, Debt and other Securities. It is a less risky investment option for an individual investor. Mutual funds require the regulators’ approval to start and asset management company (the fund) and each scheme has to be approved by the regulator before it is launched.


Registrars
Registrars maintain a register of share and debenture holders and process share and debenture allocation, when issue are subscribed. Registrars too need regulator’s approval to do business


INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY (IRDA)
It is an agency of Government of India for insurance sector supervision and development. It’s a regulator for insurance business, both general and life assurance. It regulates all aspects of insurance business, including licensing of insurance companies, framing regulations, approving products, about the conduct of business and supervising all insurance activities in the country etc.


THE MULTI COMMODITY EXCHANGE OF INDIA LIMITED (MCX)
The Multi Commodity Exchange of India Limited (MCX), India’s first listed exchange, is a state-of-the-art, commodity futures exchange that facilities online trading, and clearing and settlement of commodity futures transactions, thereby providing a platform for risk management. The Exchange, which started operations in November 2003, operates within the regulatory framework of the Forward Contracts (Regulation) Act, 1952.
MCX offers trading in varied commodity futures contracts across segments including bullion, ferrous and non-ferrous metals, energy, agri-based and agricultural commodities. The Exchange focuses on providing commodity value to participants with neutral, secure and transparent trade mechanisms, and formulating quality parameters and trade regulations, in conformity with the regulatory framework.


LET US SUM UP
The financial system comprises a group of intermediaries, markets and instruments that are related to each other. It provides a system by which saving are transformed into investments. The RBI (Reserve Bank of India), being the Central Banking Authority, exercise monetary control and supervises the banking institutions. Different institutions such as Commercial Banks, Non-Banking Financial Companies, Mutual Funds, Insurance companies, primary dealers, brokers, depositories and insurance agents, also different markets such as the capital market and the money market are part of the financial system. The three regulatory authorities viz., RBI, SEBI and IRDA are controlling and supervising the banking, capital market and insurance sectors respectively.


KEYWORDS
Financial Market, Monetary control, Primary Dealers, Financial Institutions, Payment and Settlement System, Cash Reserve Ratio, Statutory Liquidity Ratio.



Principles & Practices of Banking, (Paper 1)
To see the Syllabus and Chapters of this subject, kindly follow the below link –


JAIIB AND DB&F Paper 1 Syllabus: Principles & Practices of Banking

We will post Quizzes based on the Notes after finishing the PART A means Chapter 1 which we will include Objective type questions based on the exam pattern.

 



IIBF has Released the Schedule/Exam dates for JAIIB and DB&F exams and the registration to apply for the same has been started.


To Register, Click here



To Apply For DB&F Online, Click Here



To Apply for JAIIB Examination, Click here

 

 
For any query/issue/support/guidance related to IIBF, JAIIB or DB&F, you can contact us through: http://support.adda247.com or reply in comment section with @Kabir Mod for the same.

Success is the sum of small efforts, repeated day in and day out. Believe you can and you’re halfway there. All the best for Upcoming Exams.
         

JAIIB & DB&F Exam 2018 PAPER 1: Notes of Principles & Practices of Banking PART A

Dear Readers,



In the previous posts, we have discussed about the JAIIB/DB&F, exam pattern, Eligibility, schedule of the exam, syllabus and study plan in details subject wise. 



Now, we will be starting up with the Notes and Quizzes Subject wise and chapter wise starting up with the Paper 1 Subject – Principles & Practices of Banking 



PART A – INDIAN FINANCIAL SYSTEM

WHAT IS A FINANCIAL SYSTEM ?
The structure that is available in an economy to mobilize the capital from various surplus sectors of the economy and allocate and distribute the same to the various needy sectors. The process of transformation is aided by various types of financial assets suiting the individual needs and demands of both the ‘investors’and ‘spenders’. 

Roles and Functions in brief of the Central Banking Authority
The Central Banking Authority (Reserve Bank of India) has two distinct roles; Monetary control including controlling inflation and bank supervision. Monetary control is exercised through Cash Reserve Ratio and Statutory Liquidity Ratio mechanism and Bank and Repo rates – main instruments. Now, RBI has setup a department called “department of supervision” to control the commercial banks.


Primary Dealers (PDs)
Primary dealers also known as PDs, deal in government securities and deal in both the primary and secondary market. Their basic responsibility is to provide markets for government securities and strengthen the government securities market. Thus PDs are acting as a market maker of government securities.


Financial Institutions (FIs)
FIs are development financial institutions which provide long-term funds for industry and agriculture. All these institutions are under off-site and on-site surveillance of the Central Banking Authority. FIs raise their resource through long-term bonds from the financial system and borrowings from international financial institutions.


Co-operative Banks 
Initially set up to supplant indigenous sources of rural credit, particularly money lenders, today they mostly serve the needs of agriculture and allied activities, rural-based industries and to a lesser extent, trade and industry in urban centers. These are allowed to raise deposits and give advances from and to the public. Urban Co-operative Banks are controlled by State governments and RBI, while other co-operative banks are controlled by National Bank for Agriculture and Rural Development (NABARD) and State Governments. Except for certain exemptions in paying a higher interest on deposits, the Urban Co-operative Banks regulatory framework is similar to the other banks.


Payment and Settlement System
An efficient and effective Payment and Settlement System is a necessary condition for smooth functioning of Financial System. Maintenance of clearing houses at various centres, creation of currency holding chests in different geographical areas and creation of the mechanism for electronic transfer of funds are other activities undertaken by the Central Banks.


Management of Government Debt
Most of the Central Banks manages the issue and service of government debt. The involves price discovery, volumes to be raised, tenure of debt and matching it with the overall cash management of the debt.


Bankers to Government
Most of Central Banks maintain accounts and deposits of Governments and carry out their cash management through the issue of Bonds and Treasury Bills.


Lender of Last Resort to Banks
The Central Bank provides liquidity support on a temporary basis through the facility of repurchase (REPO) of securities to banks to meet their short-term liquidity requirements.


Cash Reserve Ratio (CRR) 
As per Section 42(I) of RBI Act 1934, Cash Reserve Ratio (CRR) is the amount of funds that all Scheduled Commercial Banks (SCBs) are required to maintain with RBI. Cash Reserve Ratio (CRR) is the mandatory deposit to be held by Banks with the Central Bank. It is a percentage of their Net Demand and Time Liabilities. CRR enables Central Bank to control liquidity in the system, and thereby, controlling inflation and Bank lending. The increase or decrease can be affected by the Central Bank to pump in or soak liquidity in the banking system.


Statutory Liquidity Ratio (SLR)
Statutory Liquidity Ratio (SLR) is the prescribed percentage of Net Demand and Time Liabilities of a bank to be held in prescribed securities, mostly government securities. Apart from CRR, every bank is required to maintain in India at the close of business every day, a minimum proportion of their Net Demand and Time Liabilities as liquid assets in the form of cash, gold and un-encumbered approved government securities. The ratio of liquid assets to demand and time liabilities is known as Statutory Liquidity Ratio (SLR). The increase or decrease in the CRR & SLR, contracts or expands credit creation.




Principles & Practices of Banking, (Paper 1)
To see the Syllabus and Chapters of this subject, kindly follow the below link –


JAIIB AND DB&F Paper 1 Syllabus: Principles & Practices of Banking

We will post Quizzes based on the Notes after finishing the PART A means Chapter 1 which we will include Objective type questions based on the exam pattern.

 



IIBF has Released the Schedule/Exam dates for JAIIB and DB&F exams and the registration to apply for the same has been started.


To Register, Click here



To Apply For DB&F Online, Click Here



To Apply for JAIIB Examination, Click here

 

 
For any query/issue/support/guidance related to IIBF, JAIIB or DB&F, you can contact us through: http://support.adda247.com or reply in comment section with @Kabir Mod for the same.

Success is the sum of small efforts, repeated day in and day out. Believe you can and you’re halfway there. All the best for Upcoming Exams.

         

JAIIB AND DB&F 2018 Exam: Study Plan

Dear Readers,

In the previous posts, we have discussed about the JAIIB/DB&F, exam pattern, Eligibility, schedule of the exam and syllabus in details subject wise. 


Now, we will be discussing about the study plan that how we will proceed with the Study Notes subject wise followed by the Quizzes.


We will start up with the Notes and Quizzes of subjects of JAIIB/DB&F in the below order subjects and chapters wise respectively –

(1) Principles & Practices of Banking, (Paper 1)


To see the Syllabus and Chapters of this subject, kindly follow the below link –


JAIIB AND DB&F Paper 1 Syllabus: Principles & Practices of Banking

(2) Accounting & Finance for Bankers, (Paper 2)


To see the Syllabus and Chapters of this subject, kindly follow the below link –


JAIIB AND DB&F Paper 2 Syllabus: Accounting & Finance for Bankers

(3) Legal & Regulatory Aspects of Banking (Paper 3)


To see the Syllabus and Chapters of this subject, kindly follow the below link –


JAIIB AND DB&F Paper 3 Syllabus: Legal & Regulatory Aspects of Banking

We will be starting up with the Notes chapter wise for all the above mentioned subjects of JAIIB/DBF and then we will post Quizzes based on the same which we will include Objective type questions based on the exam pattern.

IIBF has Released the Schedule/Exam dates for JAIIB and DB&F exams and the registration to apply for the same has been started.

To Register, Click here



To Apply For DB&F Online, Click Here



To Apply for JAIIB Examination, Click here

 

 
For any query/issue/support/guidance related to IIBF, JAIIB or DB&F, you can contact us through: http://support.adda247.com or reply in comment section with @Kabir Mod for the same.

IIBF: JAIIB AND DB&F 2018 Exam Registration Started

Dear Readers,

 
IIBF has Released the Schedule/Exam dates for JAIIB and DB&F exams and the registration to apply for the same has been started.


Below Schedule/Exam Dates is common for both JAIIB and DB&F Examinations.


Both the exams are conducted two times in a year always (First in a month of May and second in a month of November)

 
REGULAR OPEN PERIOD FOR REGISTRATION (02-03-2018 TO 27-03-2018) – With Normal Examination fees
EXTENDED PERIOD FOR REGISTRATION (28-03-2018 TO 31-03-2018) – With Normal Examination fees plus LATE FEES of Rs 200/- (Plus taxes as applicable)

 

EXAMINATION DATE
TIME
SUBJECTS
06-05-2018
ONLINE – Will be given in the admit Letter
Principles & Practices of Banking
13-05-2018
ONLINE – Will be given in the admit Letter
Accounting & Finance for Bankers
20-05-2018
ONLINE – Will be given in the admit Letter
Legal & Regulatory Aspects of Banking
 
REGULAR OPEN PERIOD FOR REGISTRATION (05-09-2018 TO 05-10-2018) – With Normal Examination fees
EXTENDED PERIOD FOR REGISTRATION (06-10-2018 TO 08-10-2018) – With Normal Examination fees plus LATE FEES of Rs 200/- (Plus taxes as applicable)
 
EXAMINATION DATE
TIME
SUBJECTS
04-11-2018
ONLINE – Will be given in the admit Letter
Principles & Practices of Banking
11-11-2018
ONLINE – Will be given in the admit Letter
Accounting & Finance for Bankers
18-11-2018
ONLINE – Will be given in the admit Letter
Legal & Regulatory Aspects of Banking
 
(DB&F EXAMINATION ELIGIBLE FOR NON-MEMBERS ONLY)
 
S.NO.
NAME OF THE EXAM
ATTEMPTS
FOR NON-MEMBERS(RS.)
1
Diploma in Banking & Finance
First attempt fee
3200/-*
Second attempt fee
1000/-*
Third attempt fee
1000/-*
Fourth attempt fee
1000/-*
* Plus GST as applicable
 
(JAIIB EXAMINATION ELIGIBLE FOR MEMBERS ONLY)
 
S.NO.
NAME OF THE EXAM
ATTEMPTS
FOR MEMBERS (RS.)
1
Junior Associate of IIB&F
First attempt fee
2400/-*
Second attempt fee
1000/-*
Third attempt fee
1000/-*
Fourth attempt fee
1000/-*
* Plus GST as applicable


Since DB&F examination is conducted along with JAIIB, the examination will be open to all 255 Centres of JAIIB with effect from May/June 2016 Examination.
To Register, Click here



To Apply For DB&F Online, Click Here



To Apply for JAIIB Examination, Click here

 

 
For any query/issue/support/guidance related to IIBF, JAIIB or DB&F, you can contact us through: http://support.adda247.com or reply in comment section with @Kabir Mod for the same.

IIBF: JAIIB AND DB&F 2018 Exam Dates/Schedule Released

Dear Readers,

IIBF has Released the Schedule/Exam dates for JAIIB and DB&F exams.


Below Schedule/Exam Dates is common for both JAIIB and DB&F Examinations.


Both the exams are conducted two times in a year always (First in a month of May and second in a month of November)

 
REGULAR OPEN PERIOD FOR REGISTRATION (02-03-2018 TO 27-03-2018) – With Normal Examination fees
EXTENDED PERIOD FOR REGISTRATION (28-03-2018 TO 31-03-2018) – With Normal Examination fees plus LATE FEES of Rs 200/- (Plus taxes as applicable)

 

EXAMINATION DATE
TIME
SUBJECTS
06-05-2018
ONLINE – Will be given in the admit Letter
Principles & Practices of Banking
13-05-2018
ONLINE – Will be given in the admit Letter
Accounting & Finance for Bankers
20-05-2018
ONLINE – Will be given in the admit Letter
Legal & Regulatory Aspects of Banking
 
REGULAR OPEN PERIOD FOR REGISTRATION (05-09-2018 TO 05-10-2018) – With Normal Examination fees
EXTENDED PERIOD FOR REGISTRATION (06-10-2018 TO 08-10-2018) – With Normal Examination fees plus LATE FEES of Rs 200/- (Plus taxes as applicable)
 
EXAMINATION DATE
TIME
SUBJECTS
04-11-2018
ONLINE – Will be given in the admit Letter
Principles & Practices of Banking
11-11-2018
ONLINE – Will be given in the admit Letter
Accounting & Finance for Bankers
18-11-2018
ONLINE – Will be given in the admit Letter
Legal & Regulatory Aspects of Banking
 
(DB&F EXAMINATION ELIGIBLE FOR NON-MEMBERS ONLY)
 
S.NO.
NAME OF THE EXAM
ATTEMPTS
FOR NON-MEMBERS(RS.)
1
Diploma in Banking & Finance
First attempt fee
3200/-*
Second attempt fee
1000/-*
Third attempt fee
1000/-*
Fourth attempt fee
1000/-*
* Plus GST as applicable
 
(JAIIB EXAMINATION ELIGIBLE FOR MEMBERS ONLY)
 
S.NO.
NAME OF THE EXAM
ATTEMPTS
FOR MEMBERS (RS.)
1
Junior Associate of IIB&F
First attempt fee
2400/-*
Second attempt fee
1000/-*
Third attempt fee
1000/-*
Fourth attempt fee
1000/-*
* Plus GST as applicable
 
Since DB&F examination is conducted along with JAIIB, the examination will be open to all 255
Centres of JAIIB with effect from May/June 2016 Examination.
 

 

To Apply For DB&F Online, Click Here
 
To Apply for JAIIB Examination, Click here
 
For any query/issue/support/guidance related to IIBF, JAIIB or DB&F, you can contact us through: http://support.adda247.com or reply in comment section with @Kabir Mod for the same.

Important Links

 

 
 
         

All About DB&F: Diploma in Banking and Finance

Dear Readers,
 

 

So, in the last article we read about JAIIB, its exam pattern, Eligibility and Schedule.
 
Now, in this article, we will be discussing all about the DB&F.
 
Both JAIIB and DB&F are conducted two times in a year – One in around month of May and second time in around month of November on the three consecutive Sundays of the month.
 
DB&F stands for – Diploma in Banking and Finance.
 
ABOUT THE DIPLOMA
 
There will be a growing demand for qualified manpower for the banking and finance sector in the coming years on account of expansion of volume of business and large scale retirement of personnel. Banking and finance industry will require professionally qualified manpower endowed with banking and finance knowledge and skills together with technology-familiarity, customer orientation and hands-on application skills who can be assigned to various desks / jobs with minimal training intervention at the bank level.
 
In view of the huge current as well as potential demand for the professionally qualified manpower for the banking and finance sector, and to ensure a steady stream of industry-ready professionals at the entry-level, IIBF has designed this course as professional qualification who aspire for a career in banking and finance.

The course will give knowledge inputs to the candidates and expose them to the operational processes and modern banking environment so that they can man the counters at the bank from the first day of their joining the bank. It is expected that successful candidates of Diploma in Banking & Finance would have a competitive edge and will be absorbed by banks and financial institutions and Diploma in Banking & Finance would emerge as a preferred professional qualification with graduation for employment in banking and finance industry.
 
INDIAN BANKS ASSOCIATION (IBA) HAS APPROVED DIPLOMA IN BANKING & FINANCE EXAMINATION CONDUCTED BY IIBF AS A DESIRABLE QUALIFICATION ALONG WITH OTHER PRESCRIBED ENTRY LEVEL QUALIFICATION FOR RECRUITMENT IN BANKS.
 
Salient Features —
 
• Diploma in Banking & Finance will impart banking and finance knowledge and skills together with technology-familiarity and customer-orientation
 
• High quality academic rigor and specially prepared courseware.
 
• Candidates undertaking the course will have comprehensive and up-to-date knowledge in the subject of banking and finance. The Diploma offers practical insights into the subjects while, at the same time, emphasizes robust theoretical foundation.
 
• The course will make the candidates job ready.
 
• The course is so designed that most employers would value it for talent scouting.
 
• This will ensure that banks can reduce their post recruitment training intervention.
 
• The diploma carries professional recognition among the banking and finance community as it is equivalent to banking industry recognized JAIIB qualification of IIBF. 
 
On the very next upcoming Articles, we will be discussing about DB&F, its Schedule, Exam Pattern and Syllabus in detail, Eligibility, about the subjects and how to plan for it, study for it, registration, fees and finally we together will start the preparation for these.

We want our readers to be on the top of every profession specially our Banking aspirants and bankers who think that there is no way to stop where you are and there is never a stop to your growth. And believe us You can’t miss these courses. It is not mandatory but yes it is very very important for your knowledge and growth in any banking or financial institution.

For any query/issue/support/guidance related to IIBF, JAIIB or DB&F, you can contact us through: http://support.adda247.com