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· Specialisation stressed in new bank exams The Indian Institute of Banking & Finance has rehauled the structure of Certified Associate of the Indian Institute of Bankers examination, the passing of which helps bankers earn a promotion and increment.
About IIBF. Established in 1928 as a Company under Section 25 of the Indian Companies Act, 1913, Indian Institute of Banking & Finance (IIBF), formerly known as The Indian Institute of Bankers (IIB), is a professional body of banks, financial institutions and their employees in India.
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Introduction: The world is increasingly getting inter connected and complex. bank credit mechanism has also undergone phenomenal changes in recent years. Few years ago, credit meant only Cash Credit, Overdraft and Loan. Today quasi credit facilities like Letters of Credit, Bank Guarantees, Co acceptances, Buyer’s Credit and Supplier’s Credit are gaining predominance.
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