1. Bankers need skill to perform the daily work. Time now ripe to teach them Knowledge. Future banking is knowledge-driven.
\n2. Inter-linkages in bank functioning needs to be taught. Officers should be able to understand the entire balance sheet management of the Bank in a holistic manner.
\n3. Inter-linkages in various functioning of banks should be taught. How deposits – credit – investment – capital – risks are inter-connected. A piecemeal approach to banking has gone.
\n4. Core banking is not merely an IT Tool. It is a Decision Support System. The CBS should be fully exploited. Otherwise, enormous amount spent on it will be a waste.
\n5. Payment & Settlement is a main area of customers’ complaints. Officers should be fully aware of the logistics of the payment & settlement mechanism.
\n6. What happens outside banking area is as important as what happens inside. Officers need to update global banking movements and directives coming from Basel agreement and WTO platform.
\n7 Credit, Forex and Treasury knowledge is very important. Every responsible officer should be taught the basics of international banking
\n8. Integrated Risk Management will be key driver. A fair idea of this taught to all officers.
\n9. More thrust should be on Front Office and Mid Office.
\n10. In the past 80% officers were dealing in deposits. It needs to be balanced. Asset management is equally important.
\n11. Now bankers talk of new terms like Liquidity stress, CRAR, Value at Rsik (VaR), Duration, Modified Duration, CSR, RAROC, Forex Sterilization, Trade Cycle, Systemic Risks, Maturity mismatches, Rate sensitive Assets\/ Liabilities, etc. Time to teach new things and make them think in a larger frame.<\/p>\n
Source: Article by Shri Arvind Mannur on Face Book<\/p>\n \n","protected":false},"excerpt":{"rendered":"
1. Bankers need skill to perform the daily work. Time now ripe to teach them Knowledge. Future banking is knowledge-driven. 2. Inter-linkages in bank functioning needs to be taught. Officers should be able to understand the entire balance sheet management of the Bank in a holistic manner. 3. Inter-linkages in various functioning of banks should…<\/p>\n","protected":false},"author":1,"featured_media":1621,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[136,38,137,138,10,37,115,65,95,70,71,45,139],"tags":[141,3,56,142,143,144,140],"class_list":["post-1738","post","type-post","status-publish","format-aside","has-post-thumbnail","hentry","category-alm","category-banking","category-basel-iii","category-crar","category-economy","category-finance","category-fsr-financial-stability-report","category-monetary-policy","category-nirp","category-npci","category-payment-systems","category-rbi","category-treasury-management","tag-alm","tag-banking","tag-baseliii","tag-forex-management","tag-raroc","tag-systemic-risk","tag-treasury-management","post_format-post-format-aside"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/yourcareerheights.com\/wp-content\/uploads\/2016\/02\/cropped-thumbs_business-people-training-website-header.jpg?fit=1200%2C352&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/posts\/1738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1738"}],"version-history":[{"count":1,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/posts\/1738\/revisions"}],"predecessor-version":[{"id":1739,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/posts\/1738\/revisions\/1739"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/media\/1621"}],"wp:attachment":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}