Digital Banking in India, Digital transformation banking
Friends, these days a message is viral on whatsapp ” इस बॉल को हाथ मत लगाना वरना whatsapp हैंग हो जायेगा। if you click on this ball icon. Your whatsapp will be hang and you will get notification to wait or close whatsapp.
You should not forward such message. That contains bug in message.
7 Tips to pass CAIIB Exam. एक बार में पास करें CAIIB exam को | Follow these tips. BFM पेपर को ऐसे करे पास BFM numerical ट्रिक्स
How to pass CAIIB in single attempt? पहले प्रयास में ऐसे पास करें CAIIB परीक्षा ?
If you are preparing for the CAIIB exam, this post is for you. I understand that CAIIB is little it tough than JAIIB but you can pass easily if you plan accordingly. We know that every clerical staff 2 increment after passing CAIIB and officer gets 1 annual increment. If you follow these tips, I am sure that you can pass CAIIB exam in single attempt.
Yes, you can pass all 3 papers of CAIIB in single attempt also.
Passing Criteria:
I. Minimum marks for pass in the subject is 50 out of 100.
II. Candidates securing at least 45 marks in each subject with an aggregate of 50% marks in all subjects of examination in a single attempt will also be declared as having completed the Examination.
III. Candidates will be allowed to retain credits for the subject they have passed in an attempt till the expiry of the time limit for passing the examination within 2 years.
Here are important Points to pass CAIIB in single attempt.
Make sure you download latest updates and additional reading from IIBF website under Additional reading section. Especially in the 2nd paper of CAIIB (Bank Financial Management), there are additional PDFs on IIBF site. You must read latest like BASEL III norms.
I understand that you can pass 1st paper ABM after proper study. But remember friends, 2nd paper BFM is not so easy. You must solve numerical and case studies also related to forward/spot rate, exchange rate of Bill given in the 1st module “International Banking”
You know that 2nd paper of CAIIB is much hard that 2 others. So you can get 45 marks instead of 50. If you get 45 marks in 1st paper (ABM) also but if you get at least 60 marks in 3rd (Elective) paper. Then you are pass. So try to get the benefit of aggregate marks of total 150 (but at least 45 marks in each). I also did same in CAIIB.
“Sabhi ko aisa lagta hai ki har baar 48 & 49 marks hi kyun aate hai. Pure 50 kyun nahi aate. ” but remember that 45 marks are enough in 2nd (Bank financial management) paper which is little bit tough that 2 others. In 3rd paper you can get more than 60. Yes trust me, 3rd paper is little bit easy (few of my friends, have scored 75+ in IT elective paper and few others 70+ in the Retail elective. What is your subject of elective out of 11 subjects? My advice is that don’t choose “Retail Banking”. Just because your friends have selected this. Choose Information technology or HR or any other which you have studied in your UG/PG
As you know that there are 11 elective courses, You need to choose anyone for 3rd paper.
Elective Papers (Candidates to choose any one of their Choice) : Corporate Banking, Human Resources Management, Rural Banking, Information Technology, International Banking, Risk Management, Retail Banking, Central Banking, Co-operative Banking, Treasury Management
I understand this and I know many friends missed by just 1 or 2 marks.
If you have purchased old edition books and have taken books from your friends. It is not good to read old edition of books. Don’t compromise with CAIIB, Purchase latest edition only. Few things and rules have been changed in latest edition. But if you have old edition of books, your answer might be wrong even if you have studied. So note that you prepare from Latest edition only.
Here are direct URL of books of the latest edition of CAIIB. You can order online all 3 books together to save cost.
Advance Bank management (Latest edition 2018) Get now!
Bank Financial Management (Latest edition 2018) Get it now,
Manage your time properly. Don’t keep planning like “Kal se taiyari shuru karenge”. Start today itself. Shuruat ka matlab aadhi jeet pakki.
There are mock tests available. Few are free like demo and others with nominal charges. Even IIBF also provides mock test facility in 100 rupees. You can try it two times. You will get an idea of the real exam.
Prepare atleast for 1 month but remember that you read the latest edition only. Although numerical examples are very less in McMillan books for theory part, McMillan books are best. I have updated Amazon URL of latest books here for you. You can click here to access the latest books of CAIIB.
I have followed above mentioned 7 mantras for myself also and have passed both JAIIB and CAIIB. -Sandeep (A banker)
If you are preparing for JAIIB exam, you are on right place. Every banker wants to pass JAIIB & CAIIB exam to get increment and also it helps in promotion. Although passing to JAIIB is not so easy but not impossible.
You can pass all 3 papers of JAIIB in single attempt also. If you follow these 7 tips.
Here are important Points to pass JAIIB in single attempt. (Jaiib pass karne ke 7 Mantra)
You know that 2nd paper of JAIIB is much hard that 2 others. So you can get 45 marks instead of 50. If you get 45 marks in 3rd paper also but if you get at least 60 marks in 1st paper. Then you are pass. So try to get benefit of aggregate marks of total 150 (but at least 45 marks in each). I also did same in both JAIIB and CAIIB.
“Sabhi ko aisa lagta hai ki har baar 48 & 49 marks hi kyun aate hai. Pure 50 kyun nahi aate. ” but remember that 45 marks are enough in Accounting paper which is little bit tough that 2 others. In first paper you can get more than 60. Yes trust me, 1st paper is little bit easy if you study carefully.
I understand this and I know many friends missed by just 1 or 2 marks.
If you have purchased old edition books and have taken books from your friends. It is not good to read old edition of books. Few things and rules have been changed in latest edition. But if you have old edition of books, your answer might be wrong even if you have studied.
So note that you prepare from Latest edition only.
Here are direct URL of books of latest edition of JAIIB. You can order online all 3 books together to save cost. Click here to for latest books
Make sure you download latest updates and additional reading from IIBF website under Additional reading section. You can directly access from here also.
Don’t keep planning like “Kal se taiyari shuru karenge”. Start today itself. Shuruat ka matlab aadhi jeet pakki.
There are mock test available. Few are free like demo and others with nominal charges. Even IIBF also provides mock test facility in 100 rupees. You can try it two times. You will get idea of real exam.
There are short notes available on social sites like FB groups. YouTube videos also are helpful.
Prepare atleast for 1 month but remember that you read latest edition only. Although numerical example are very less in Mcmillan books but for theory part, McMillan books are best. I have updated Amazon url of latest books here for you.
I have followed above mentioned 7 mantras for myself also and have passed both JAIIB and CAIIB. -Sandeep (A banker)
Banks have rolled out new facility for account opening at customer’s doorstep. That is Tab Banking.
Bank staff will visit customer’s door and will open customer’s bank account instantly by feeding all required details in Tab (Tablet). So it is called tab banking facility.
Just show your aadhaar card to bank staff. By entering aadhaaar number in tab. OTP will be sent in registered number of customer. If mobile numer not registered in UIDAI then customer can avail through e-kyc process. Under the e-KYC facility, e-KYC certificate is generated as an identity document. Fingerprints of the customer are captured and sent to UIDAI (Unique Identification Authority of India) for authentication of identity and address proofThen all adhaar deails will be fetched.
Account opening request will be sent directly to bank and acknowledgement number will be generated. Linked branch will verify account.
Customer will get his account number and instant kit also will be provided (Cheque book and non personalised ATM card) and passbook also can be provided same day.
State bank of India has started Tab banking facility recently. If anyone need account instantly. He can call branch and fix schedule to account opening process by tab banking. The account opening details will be loaded on the CBS (core banking solution) platform and the account number will be sent to the customer through SMS/e-mail. This will provide convenience and time saving to the customer for opening accounts with SBI.
Bank of Baroda also has started same process in April 2018. New customer can contact bank to avail this facility. After opening bank account customer will get welcome kit instantly.
Indian citizens are very confused regarding repeated statements of RBI, Indian Govt. and supreme court’s statement regarding adhaaar linking with account.
Recently RBI has made mandatory linking of Aadhaar with bank accounts mandatory under ‘Know Your Customer (KYC)’ guidelines. Although, it will be subject to the final decision of the Supreme Court on making of Aadhaar mandatory, RBI circular says.
As you know, there are 6 Officially Valid Document (OVD) as per RBI guidelines. One of which is Aadhaar itself. Apart from that PAN card, Driving license, Manrega card, Voter ID and Passport are OVD for full KYC.
As per RBI circular this will facilitate trusted environment for banking services. The RBI has done away with sections relating to the use of other OVD by banks for address and identity proof.
Yes! All banks are following RBI latest circualr for fully functional Saving account that adhaar number is mandatory for E-KYC. But you can open simplified basic saving account with other document like Voter card, Driving licence etc
Although you can open account without Aadhaar also but it will be Limited functional with Cap of Max. account balance up to 50,000.
RBI said Aadhaar number not mandatory for individuals who are not residents ie NRI.
“From an individual who is not eligible to be enrolled for an Aadhaar number, or who is not a resident, the following shall be obtained: PAN or Form No. 60, one recent photograph and a certified copy of an OVD containing details of identity and address.” In case the OVD furnished by the customer does not contain updated address, utility bill of not more than two months old of any service provider (electricity, telephone, post-paid mobile phone, piped gas, water bill), property or municipal tax receipt, pension or family pension payment orders (PPOs) issued to retired employees by Government Departments or Public Sector Undertakings, and letter of allotment of accommodation from employer issued by State Government or Central Government Departments may be considered, RBI said.
RBI also said the KYC norms have been updated following the government’s decision to update the ‘Prevention of Money Laundering’ (PML) rules in June 2017. The government had last month extended the date for submission of Aadhaar details for existing bank account holders indefinitely. A date would be notified after the final judgement in the petition challenging Aadhaar being heard before the Supreme Court, the government had said.
“The revised Master Direction is in accordance with the changes carried out in the PML Rules vide Gazette Notification GSR 538 (E) dated June 1, 2017 and thereafter and is subject to the final judgment of the Hon’ble Supreme Court,” RBI said while updating its master direction on know your customer norms. According to the Aadhaar Act, a person who is residing in India for more than 180 days is eligible for applying for an Aadhaar number.
Finally, we conclude that Aadhaar is not compulsary as per Supreme court. But if we link it with our bank account, it will be more good for use latest technologies like DBT, AEPS payment throuhg biometric. So we should add aadhaar with our bank account.
We can link online through mobile bankig, net banking or direct through bank website. But make sure you have added your mobile no to adhaar to get OTP on your mobile to verify.
