Description

RBWM (Retail Banking and Wealth Management) is a crucial paper for JAIIB (Junior Associate of Indian Institute of Bankers) aspirants. It delves into the core concepts of retail banking, including customer relationship management, financial planning, and product offerings. The paper also explores the regulatory framework governing retail banking in India, emphasizing compliance with RBI guidelines and KYC norms. Additionally, it covers risk management strategies, particularly credit, market, and operational risks, essential for ensuring the stability and profitability of retail banking operations.