From Te
Indian Overseas Bank Allingian Branches
Human Resources Development Regional Offices
Department | Central Office Depariments
Central Office
Chennai
Transient Series (le F) Circular No. 4g /2018-19 dated (BP August, 2018
Sub: Coy ullding in Bank ~ Revised Fee
We refer to our Circular dated 28 September, 2017 on the castioned subject
‘wherein our Bank hes identified Indian Institute of Banking and Finance (188),
Mumbal as accredited institute for providing cerification courses in specialized
‘areas lke: 1) Treasury Operation, 2) Risk Management, 3) Credit Management,
4) Foreign Exchange.
(Currently II8&F, Mumbai hos revised the examination and training fee structure
Cffective from 18 January 2018, as given below:
Course: Certificate in Risk in Financial Services (CRFS)
S.No [Parliculors | Earlier Fee Revised Fee
T Examrinaion | Rs 2500+ GST Bs. 6000 +657
(Virtua! Training is included)
Course: Certified Treasury Professional
Sto [Pariculors ator Rovieed Total
Examination | Examination
fee fee _
J Virtual Training * s,6000+GST NU Rs.6000+GST
2 [Fhysical Classroom |. 6000.GsT Rs S000s6ST — |. 1100057
training mode @ Mumbai
Delhi, Chennai and
Kolkata
3 | Physical Clossioom | RSG000+SST [RS 9OOOGST | RS TS000+SST
training mode @ other
contors
* Slaff Members are encouraged fo enroll for virtual classroom raining as and
cost cutting measurCandidates whe have enrolled for the course certificate in Rik In Financial
Services before February 2018 by paying Rs.2,500/- will have to pay RS.3.500/- at
the time of registration of training for virtual mode , being the difference of
examination fee Le. Rs.6,000-Rs 2,500 + GST
Accordingly the reimbursement made by the bank for the candidates passing
the above certification courses from IIBF,Mumbal also stands revised with
‘effective from 18 January 2018.
Regional Heads are advised fo sensitize and encourage more number of staff
members to enroll for capacity building courses, Branch Managers are advised
to identify and ensure that at least 1 staff member per branch is undertaking the
cerificate courses as a part of capacity Building.
Officers are to note that these capacity building courses have been given due
weightage in career progression It also provides the members cn opportunity to
leain basics for working in specialized areas ike Treasury, Risk Management,
Credit verticals,
All staff members (including Award Staff) are advised to take advantage of this
policy and build up their knowledge and in tum, progress in their sareer.