Download presentation
Presentation is loading. Please wait.
Published byCora Andrews Modified over 9 years ago
1
Rural Finance and Micro Finance R.Bhaskaran
2
The Issue Majority of India is financially excluded. Cooperative banking which is also in the rural finance domain is not growing at all Rural Financing has two possible growth paths MicrofinanceMicrofinance Business Correspondent model of commercial banks – eventually this will be a mini bank ( my vision!) Commercial banks current exposure is not very high.Business Correspondent model of commercial banks – eventually this will be a mini bank ( my vision!) Commercial banks current exposure is not very high. There is an urgency to make this happen. There is greater possibility now as unlike the past ICT is an enabler of the speeding up process Inclusive growth is a commitment. This is not possible unless the sector is ready with people to deliver.
3
The Task Making available in the rural areas and among urban poor facilities for SavingsSavings CreditCredit InsuranceInsurance Social SecuritySocial Security Remittance facilitiesRemittance facilities CounselingCounseling Who are involved MFIs,Banks, NBFCs, Governments, NGOs, IT companiesMFIs,Banks, NBFCs, Governments, NGOs, IT companies Entrepreneurial skills with the proponents also play an important role
4
The Skill sets Finance People skill or facilitation skills Knowledge of rural economics Job routines – this will be imparted by the employers IT application handling Branch management
5
HR requirements Like any other business the requirements will range from front line staff to top management The sector will grow very fast in the next few years. Very impressive growth in the recent years Since the facilitation tasks cannot be performed by IT or computer Human skills will be equally important The sector will need IT ( application) savvy youngsters If not this year in future will face attrition issues
6
Profile Willing to travel Willing to use IT Flexi timings Good soft skills- empathy with the target audience Language skills
7
What is different This is not an exclusive selling job. It entails a large amount of facilitation skills. The sector has good training system towards the same Most jobs will be field jobs – not desk oriented: not 10 to 5 Employers will have different expectations
8
IIBF’s education Journey We impart skill based courses Focus is on education. Self paced distance education- supported by latest courseware and virtual class rooms Make candidates job ready Professionalize the employee Cover banking, NBFC, Collection agents, Home Loan advising, Commodity derivatives, Financial Advising & Micro Finance Professionals (89/101)Micro Finance Professionals (89/101) Employees of Business Correspondents ( training cum certification being launched shortly)Employees of Business Correspondents ( training cum certification being launched shortly)
9
Why take up such courses? Makes the candidate job ready Sector’s training cost can come down College and University education is too general and at times too vast for specific jobs and sectors. Such diplomas become a value add qualification
10
Courses and Exams Flagship Courses JAIIB Level I CAIIB- Level II Diploma in Banking & Finance Diploma Courses Treasury Micro Finance Banking Technology UCB Commodity Derivatives Home Loans International banking PGDFA Certificate Examinations AML/KYC Trade Finance Credit Cards SME QT CeISB DRA IT/BPO BC/BF Management Courses AMP B- Schools Project Course- IFMR MBA By IGNOU All Students Non- members Bankers ITES-BANKING for 12 th pass
11
IIBF NBFC Cooperative Banks Financial Institutions Commercial Banks BPO/IT Companies M.Funds & Ins. Coys Micro Finance Institutions RBI Financial Advising Firms PD’s BC DRA Offers Courses to the employees of 12 th pass DOEACC
Similar presentations
© 2025 SlidePlayer.com Inc.
All rights reserved.