About the Book
Co-operative Banking is a dominant segment of banking in semi-urban and rural areas of India and plays a significant role in spreading banking facilities to the underprivileged sections of the society. Since this segment is huge and has diverse requirements, this book attempts to encompass all aspects of co-operative banking and would be highly useful to all those who wish to gain insights into co-operative banking in the country. This book comprises four modules. The first module covers the history and structure of cooperative institutions in India, its modalities and laws related to banking operations. Module two on banking operations covers all the relevant details of various deposits and advances products including those under Priority sector. Various guidelines of RBI/NABARD, investment strategies and instruments are covered under investment management. Module three on technology management covers various products that are available for service delivery. Under risk management, various aspects of ALM, Basel norms, and aspects of profit planning – including profitability model – are explained. The last module on supervisory and regulatory aspects covers role of R.B.I., central bank's guidelines and various control returns, recommendations of various committees, role of directors, corporate governance, best practices and Management Information System.
Indian Institute of Banking & Finance (IIBF) formerly The Indian Institute of Bankers, established in 1928, is a professional body of banks, financial institutions and their employees in India. During its 82 years of service, IIBF has emerged as a premier institute in banking and finance education for those employed in the sector, aiming for professional excellence. Since its inception, the Institute has awarded over 5 lakh banking and finance qualifications, viz; JAIIB, CAIIB, Diplomas and Certificates in specialized areas. The pedagogy of Distance Learning offered by the Institute comprises (i) publishing specific courseware for each paper/examination; (ii) publishing work books; (iii) holding tutorials through accredited institutions; (iv) organizing contact classes; (v) conducting virtual classes; (vi) offering e-learning through portal; (vii) organizing campus training for selected courses, etc.
MODULE A: PRINCIPLES AND LAWS OF CO-OPERATIVE BANKING: Law and Rules relating to Co-operative Banks • Principles of Co-operation • Brief Overview of the Structure of Co-operative Credit Institutions • Membership • Legal Aspects of Banking Operations • Provision of Bankers’ Book Evidence Act • Special Features of Recovery of Debts Due to Banks and Financial Institutes Act, 1993 • Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 • Consumer Protection Act • Banking Ombudsman Scheme •
MODULE B: CO-OPERATIVE BANKING OPERATIONS: Deposits, Credit and Investment Management • Different Deposit Products • Deposit Policy • Credit Management – Loans and Advances • Priority Sector Lending • Micro, Small and Medium Enterprise (MSME) Financing • Personal Finance • Banker-Customer Relations • Garnishee Orders and Attachments • Bankers’ Right of Lien and Set-off and Appropriation • Indemnities and Bank guarantees • Loan Policy • Management of NPA • Investment Management • CRR/SLR Management • Financial Markets and Debt Markets • Guidelines of RBI/NABARD in Regard to Investments • Money Market, Call Money, Repos and Reverse Repos • Foreign Exchange Market • Bancassurance • Meaning and Scope of Investment Policy •
MODULE C: TECHNOLOGY AND RISK MANAGEMENT • Technology Banking • Electronic Payment System • Core Banking Solutions • Electronic Fund Transfer and RTGS (Real Time Gross Settlement) • Risk Management • Exposure Limits • Asset Liability Management • Capital Adequacy • Basel – II • Profit and Profitability – Approach of Banks to Profitability, Effect of NPA on Profitability, Profitability Model • MODULE D: SUPERVISORY AND REGULATORY ASPECTS • Banking Regulation Act, 1949, (Aa Applicable to Co-operative Banks) • (i) Role of Reserve Bank of India (ii) Supervision and Control, and (iii) Branch Licensing • Statutory Audit • Reserves Requirements • RBI Guidelines on (i) Deposits, (ii) Advances, (iii) Priority Sector Lending and (iv) Weaker Section Lending • Control Returns • Recommendations of Marathe Committee, Madhava Rao Committee and Vaidyanathan Committee • Role of Directors and Corporate Governance • Best Practices • Management Information System