CAPACITY BUILDING
The Reserve Bank had constituted a ‘Committee on Capacity Building’ (July 2014)
under the Chairmanship of former Executive Director, Shri G Gopalakrishna, with the
objective of implementing non-legislative recommendations of the Financial Sector
Legislative Reforms Commission (FSLRC), relating to capacity building in banks and
non-banks, streamlining training intervention and suggesting changes thereto in view of
ever increasing challenges in banking and non-banking sector.
One of the recommendation of the committee is pertaining to certification of staff.
Banks should identify specialised areas for certification of the staff manning key
responsibilities. To begin with, the banks should make acquiring of a certificate course
mandatory for the following areas:
• Treasury operations
• Risk management
• Accounting
• Credit management
The Reserve Bank had constituted a ‘Committee on Capacity Building’ (July 2014)
under the Chairmanship of former Executive Director, Shri G Gopalakrishna, with the
objective of implementing non-legislative recommendations of the Financial Sector
Legislative Reforms Commission (FSLRC), relating to capacity building in banks and
non-banks, streamlining training intervention and suggesting changes thereto in view of
ever increasing challenges in banking and non-banking sector.
One of the recommendation of the committee is pertaining to certification of staff.
Banks should identify specialised areas for certification of the staff manning key
responsibilities. To begin with, the banks should make acquiring of a certificate course
mandatory for the following areas:
• Treasury operations
• Risk management
• Accounting
• Credit management
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