FINANCE AND FINTECH SOLUTIONS
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Prism helps Fintech to setup their Business Correspondent/Business Facilitator networks and partner with Key Banks and Institutions by guiding them from Onboarding till Integration and further assist them to create market strategy improve productivity of their distribution channel through continuous guidance.
Prism assist FinTech's to setup Business Correspondent Banking Outlets/Customer Service Point (CSP) as per regulatory guidelines & partner Bank requirements and assist Institutions to develop a digital Business strategy that fits their business needs, optimize their digital presence, and leverage technology to drive business growth to achieve desired Asset and Transactions from each CSP point
Prism assist FinTech's to develop business model & processes based on guidelines and assist partners to stay ahead of the competition and successfully manage their BC process and achieve Financial Business goals within Banking and Compliance guidelines.
Prism assist BCs, MFIs & DRA Agents to align with Accredited Training Agencies to Complete mandatory trainings & Certifications for DRA and BC Agents as mandated by RBI through Indian Institute of Banking and Finance.
INTRODUCTION
In order to ensure financial inclusion, several initiatives have been taken by the Government of India and Reserve Bank of India. Business Correspondents (BCs) play an important role in achieving financial inclusion. The BCs act as a bridge between Bank branches and the people in the area. A BC is the first point of contact and the front face of the bank branch to the people. In order to enable the BCs to be more effective, they need to be imparted the desired level of knowledge. In this context, the certificate examination of IIBF for the BC’s has the following objective
OBJECTIVE:
This course is aimed at providing the knowledge inputs and skills set to BCs. The structure of the course is, therefore to provide basic knowledge in banking operations and help the BCs in developing an overall understanding of the subject.
SYLLABUS:
RBI has designated IIBF as the sole certifying agency for the banks SCBs (including RRBs), SFBs and the Payments Banks. As the operations of the Payments Banks are limited as compared to the Scheduled Commercial Banks (SCBs), the syllabus for the BCs of the Payments Banks have been rationalized in consultation with RBI.
RBI Circulars & Guides
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