An Overview

1

WELCOME TO - LIVE VIRTUAL CLASSROOM 16.04.2008 JA
IIB-PRINCIPLES OF BANKING - MODULE C - BANKING
TECHNOLOGY BY - Dr.Firdos T.Shroff, Jt.Director
(Faculty-Academics),IIBF,Mumbai
2
JAIIB-MODULE C

• IIBF Latest Edition Taxmann Publications
  Pvt.Ltd., Price Rs.345/-
• JAIIB - Work Book on Principles of Banking
  Accounting Finance for Bankers and Legal
  Aspects of Banking
• The Work book is intended to assist students
  appearing for JAIIB examination to gain an
  understanding on the type of questions that will
  be asked in the three subjects of JAIIB.
• In this new, easy-to-read format, objective type
  questions are introduced in a non-specialist
  context for the benefit of candidates.
  Throughout the book, examples and self-check
  questions are used to test the readers ongoing
  understanding of the essential concepts of the
  different subjects.
• Written by experts in the field of banking, the
  book includes caselets and questions on the
  practical situations from the examination point
  of view with answers and explanations.
• Though the Work book is mainly oriented towards
  students, this can be essential reading for
  bankers also.

3
JAIIB-MODULE C

• The Class is divided into Three Parts -
• Part I Broad Syllabus Outline
• Part II Presentation on Advancements
  innov_at_tions in Banking Technology
• Part III Model Question Bank (Objective type
  Multiple choice)

4
JAIIB-Module C-SYLLABUS

• Different approaches to bank mechanisation Core
  Banking Solutions
• -Stand alone computer systems - Wide area and
  local area networks -
• local processing and batch concepts on-line
  systems - Mini computers
• and Main Frame networking systems.

5
JAIIB-Module C Syllabus(contd.)

• Electronic Payment systems - Teller Machines at
  the Bank Counters -
• Cash dispensers - ATMs - Anywhere Anytime Banking
  - Home banking
• (Corporate and personal) - Online enquiry and
  update facilities

6
JAIIB-Module C- Syllabus(contd.)

• Electronic funds transfer systems - plain
  messages (Telex or data
• communication) - structured messages (SWIFT,
  etc...) - RTGS
• Information Technology - Current trends -
  Banknet, RBI net, Datanet,
• Nicnet, I-net, Internet, E-mail,

7
JAIIB-Module C-Syllabus (contd.)

• Role and uses of technology
• upgradation - Global developments in Banking
  Technology -
• Information Technology in finance and service
  delivery. Impact of
• Technology on Banks - Protecting the
  confidentiality and secrecy of
• data - effect on customers and service quality-
• Audit trails - Rangarajan, Saraf and Shere
  Committee Recommendations.

8
JAIIB-Module C- Presentation

• Electronic Funds Transfer (EFT)
• Special EFT
• EFT-Point-of-Sale (POS)
• Electronic Clearing Service (ECS) Credit Clg.
  Debit Clg.
• Cash Dispenser Automated Teller Machines (ATMs)
• Shared Payment Network Systems (SPNs) (SWADHAN)

9
JAIIB-Module C-Presentation

• BANKNET
• COmputerised Message Transfer (COMET)
• Very Small Aperture Terminal (VSAT)
• Regional Grid Clearing Collection of Outstation
  Cheques
• Credit Cards/Debit Cards
• Plastic Card / Smart Card / e-Purse
• Laser Card

10
JAIIB-Module C-Presentation

• Cheque Cards
• Terrestrial Microwave Radio Transmission
• Satellite Microwave (Geo-Stationary Satellite)
• Communicaiton through use of Optical Fibre
  Technology
• NET (Packet Switched Public Data Network)
• HVNET (High Speed VSAT Networks
• Teleconferencing
• Internet Banking
• Virtual / Digital / e-Sign Signatures in Banking
• Cheque Clearing using Magnetic Ink Character
  Recognition (MICR) Technology Facilities for
  paper based clearing

11
JAIIB-Module C-Presentation

• Cheque Truncation
• SmartQuill Computer Pen
• Salient features of RTGS Real Time Gross
  Settlement
• RBI-Payment Settlement Systems Vision 2005-08
• Retail Payment System
• Online Tax Accounting System (OLTAS)
• Online Indirect Taxes Accounting System (OLITAS)

12
JAIIB-Module C-Presentation

• Electronic Commerce / Electronic Data Interchange
  (EDI) by banks
• IDRBTs INFINET Structured Financial Messaging
  System (SFMS) through internet
• IDRBTs Multi-Application Smart Card based
  Payment System
• IDRBTs National Financial Switch (NFS)
  

13
JAIIB-Module C-Presentaiton

• Refer various Committee Reports on IT
• RBI-1983 Damle - Report of the working group to
  consider Feasibility of Introducing MICR/OCR
  Technology for cheque processing
• RBI-1984-Dr.C.Rangarajan Committee Report on
  Mechanisation
• RBI -1994 Saraf Committee on Technology
  Issues
• RBI-1996 Shere Committee on Electronic Funds
  Transfer Other Electronic Payments
• RBI-1999- Vasudevan Committee on INFINET
• RBI-2001- Dr.Mitra Report of the Expert Committee
  on Legal Aspects of Bank Frauds

14
JAIIB-Module C-Presentation

• 2002- Zarir Cama Report of the Working Group on
  Electronic Money
• RBI-2003- Dr.R.B.Barman,ED,RBI -Working Group on
  Cheque Truncation and e-cheques

15
JAIIB-Module C-Model Question Bank

• MODEL QUESTION BANK Multiple Choice Questions
• Read IIBF study material/books, Work Book, attend
  MUL-LIVE Virtual Classes/Contact Classes
• Tips for attempting questions
• Read the question paper try to grasp questions
  carefully
• Attempt all Questions Do not leave any question
  unattempted

16
JAIIB-Module C

• T H A N K YOU!
• Queries, if any, on JAIIB-Module C may be sent
  via email to
• Dr. Firdos T. Shroff,Jt.Director (Faculty-IT-
  Academics), IIBF, Mumbai
• Tel [phone] Mob[phone]
• Email ftshroff_at_iibf.org.in
• firdos_shroff_at_yahoo.com
• For regular updates-visit portal
• www.iibf.org.in