Please refer to clause No-12 of Annexure-I notified vide IBD Circular No. 02 of 2018 dated June 29, 2018.
2. In this connection, it is advised that the clause-12 given in aforesaid Annexure-I is amended and be read as under:
For the staff, designated/transferred/posted at any new/existing Islamic branch/Window or any conventional branch being converted into an Islamic branch, the banks shall arrange one-time training session of minimum 5 days (40 hours) on Islamic banking and a refresher of minimum 3 days (24 hours) per year in addition to other soft skills trainings as per overall training and development policy.
3. Further, for a program to qualify as training on Islamic banking, it must be learning intensive and may include in-house programs, external classroom sessions, webinars, workshops, awareness sessions, and e-learning courses.
4. Other instructions on the subject shall however remain unchanged.
5. Please acknowledge receipt.