innovationinbanking

          People of Hyderabad have embraced Hyderabad Metro services whole-heartedly. Since it’s launch last month, the numbers of daily commuters is only on the increase.  Apart from daily office goers, shoppers are also travelling on Hyderabad Metro to escape from the traffic snarls.           New tourist spots are springing up around Hyderabad Metro Stations. Selfie spots are being demarcated and highlighted.           Shops in and around Hyderabad Metro stations are witnessing new customers.  More than 2 lacs prepaid.           The catchment area of Hyderabad Metro extends upto 2 kms from each Metro station. View this link to know more about Hyderabad metro’s catchment area.           Passengers can choose a smart card or a tok...

          DICGC vide its letter dt. July 12, 2017, has requested all its member banks to submit data of its Deposit Insurance holders.           The data has to be submitted in a specified format. This data is in line with core principles as indicated in Chapter 15 4(a) on deposit insurance prescribed by IADI.           The last date for submission of this data to DICGC is September 30, 2017. Format:- ·        Serial number        ·        Account_holder_number ·        Unique_identification_number  ·        Salutation    ·        First_name  ·        Middle_name          ·  ...

          IDRBT is conducting a short-term course on ‘Secure Coding Practices’, helmed by Dr.V. Radha .           The duration of the fully residential program is 5 days and the next program is from January 01 to January 05, 2018.           Background:           The preferred access for bank customers is moving from offline mode to online mode. The numbers of bank customers accessing their bank accounts through their own devices is higher than the bank customers visiting bank branches.           This places an enormous responsibility on Banks Information Technology team to protect the Banks digital channels from unauthorized access.           IDRBT program on Secure Coding Practices is a ste...

          As per recent news articles, Indian Railways will unveil a new dynamic pricing policy by 31 st December, 2017.           As of now, three zones have made presentations to Shri Piyush Goyal, Indian Railways Minister on ways and means to boost revenues from passenger traffic. Three railway zones--the Eastern, the Western and the West Central--have prepared presentations suggesting ways to introduce dynamic-pricing.           The common theme from the 3 Railways Zones is the introduction of Dynamic Pricing on a wide variety of passenger facilities.           The highlights of the recommendations are as under:- 1.      The zones have suggested that passengers be offered discounts on trains reaching destination at inconvenient times, for example between m...

          Indian Institute of Banking and Finance offers a wide range of professional courses. The courses cater are designed to impart professional skills to would-be-bankers and bankers.           Majority of the courses are on MCQ model i.e Multiple Choice Questions. A set of questions have to be attempted within a set time. The number of questions and the time-frame depend on the nature of the course. Since inception, IIBF has educated numerous members and awarded several banking and  finance qualifications, viz., JAIIB, CAIIB, Diploma and Certificates in about 20 specialized areas and  helped them to sustain their professionalism through Continuing Professional Development   programs. The Institute has also contributing in the area of financial inclusion by offering certification course for  BC/BFs. IIBF is a ‘Distance Learning’ Institute. In order tha...