CCP EXAM 2022: ELIGIBILITY, SYLLABUS, AND STUDY MATERIAL
CERTIFIED CREDIT PROFESSIONAL or CCP indicates that the individual has measurable knowledge of the skills required for a role in credit management. CCPs come under the cadre of Credit Officers that can effectively perform different credit functions across banks. They have the advanced skills for handling various credit management issues including Working Capital Management, Loan Policy, Credit Appraisal, Credit Monitoring, Project Finance, Export Credits, etc.
BENEFITS OF BEING A CERTIFIED CREDIT PROFESSIONAL
- The Credit Department of a bank has the most important & challenging work. And one can get the opportunity to work in one as a Credit Officer is sure going to be a satisfying feeling.
- After going through the course, CCP acquires the skills and knowledge required to discharge the credit functions
- A CCP carries out the appropriate appraisal and does better monitoring, leading to good quality of loans.
- Having being acquired the appropriate skills a CCP knows about the mistakes which bankers generally commit in credit operations thus, he/she is in a better position to avoid such minor things.
- As a Credit Officer, you have seniority in your department and you perform a guiding and monitoring role towards the junior staff in the credit department
- And it sure thus helps in enhancing the chances to get timely promotions.
IMPORTANT TOPIC:- CCP EXAM 2022 STUDY MATERIAL
CCP EXAM 2022
You can become a Certified Credit Professional by writing the CCP Exams that are conducted by IIBF (Indian Institute of Banking & Finance). It’s a blended course offering specialization in credit to banking professionals that make them eligible to work as Credit Officer in Banks thus, helps them in improving their profile in Banks.
STRUCTURE of Certified Credit Professional
- Study: You will have to go through a minimum study period of 3 months before you can apply for the online exam. To ensure this stipulated period IIBF accepts the applications up to a certain period.
- Examination: After the over of 3 months of you getting registered for the CCP Exam you can appear for the Online Exams by registering & paying the appropriate fee.
- Training: After clearing the online exam, you have to undergo either classroom or virtual training for 3 days.
CERTIFICATE will be issued to only those who successfully complete the both Online Exam & Training. It will be issued within 3 weeks of completion of training.
A ‘Code of Conduct will also be issued to the successful candidates (advisory in nature).
So, if you are planning to write the exams you will have to first register yourself for online training at the official website & then for Classroom Training of 3 days.
The registrations for November & December 2021 attempts are open though at the IIBFs official website as per the following schedule:
|SUBJECT||REGISTRATION DATE||EXAM DATE||FEES (EXAM + TRAINING*)|
|CCP||07.10.21 to 21.10.21||13.11.21 or
|Virtual training mode: Rs.6000 + GST (Training fees is Nil)
Physical classroom training mode:
|10.11.21 & 24.11.21||11.12.21 or
*Training Fees: To be paid after clearing the online examination.
Check out the official schedule by clicking on the link here: IIBF OFFICIAL
REMOTE PROCTORED MODE
The exams are conducted through remote proctored mode (over the internet) that enables the candidates to write a test using a Desktop/Laptop (any other device is not permitted e.g. mobile, tabs, etc.) in a location of their choice while maintaining the integrity of the test. This system requires students to confirm their identity, and the system monitors students through video, mic, etc. looking for behavior that could indicate unfair practices (cheating) during the examination.
CCP EXAM ELIGIBILITY CRITERIA
If you have passed the 12th standard (in any discipline) you are eligible to write the Certified Credit Professional Exam irrespective of the fact that whether you are a member of the Institute (IIBF) or not.
IMPORTANT TOPIC:- Certified credit Professional Syllabus Priority
CCP EXAM PATTERN
|ONLINE EXAM of CCP|
|Question Types||100 MCQs (including Situation Analysis or Problem Based Questions)|
|Exam Duration||2 hours|
Note: If you fail to clear the online exam on the first attempt, you will have to enroll for the second after payment of Rs. 200 as a nominal fee. But if you don’t clear it on your 2nd attempt, you will have to enroll yourself again by paying Rs. 6000.
|CCP CLASSROOM TRAINING|
|Maximum of Marks:
||(100 Marks in Total)
|Minimum of Marks:
||50 Marks (subject to the condition you get at least 20 Marks in MCQs)|
|Time Duration||3 days (10 Sessions)|
Training will be conducted in 10 sessions & attendance in a minimum of 5 is compulsory and would correspond to 25 Marks. Each session will have a Test of 5 MCQs at the end marking each MCQ for 1 Mark.
The classroom training fees are required to be paid after you clear the online exam. And if you fail to clear the classroom training you will need to enroll for your 2nd attempt after the payment of Rs. 1000+GST.
Note: You need to complete the Virtual Class Room Training within 15 months of clearing the online exam. If you fail to complete the training in 15 months, you will have to re-enroll for the online examination from the start foregoing the previous credits obtained in the Online Exam.
CCP EXAM 2021-22 SYLLABUS
|A||INTRODUCTION & OVERVIEW OF CREDIT||Principles of Lending||This unit contains concepts of lending principles like Safety, Liquidity, Profitability, Purpose of Loan, Diversification of Risk. Model Credit Policy etc.|
|Types of Borrowers||The kind of Individuals whether Major, Minor, Married Women, Pardhanashin Women, Hindu Undivided Family (HUF), Proprietorship Firms, Partnership Firms, Limited companies, Statutory Companies, Illiterate Persons, Agent, Attorney, Joint Borrowers, Holding Companies, Government Companies, Private & Public Limited Companies, Registration of charges, Limited Liability Partnerships (LLP) are defined in this unit.|
|Types of Credit Facilities||Various Types of Credit Facilities such as Cash Credit (CC), Overdrafts, Demand Loan, Bills Finance i.e Drawee Bill Scheme, Bills Discounting, etc are covered here.|
|Credit Delivery||How the credit services are delivered through different types of Facilities, Modes of Delivery, Sole Banking Arrangement, Multiple Banking Arrangement, Consortium Lending, Syndication & Credit Thrust, Credit Priorities, Credit Acquisitions, Statutory & Regulatory restrictions on Advances are detailed in this section.|
|Credit Appraisal||All about the appraisal concept is discussed in this unit such as Validation of proposal, Dimensions of Credit Appraisals, 6 “C” s, Structuring of Loan documents, Credit Risk, Credit Risk Rating, Credit Worthiness of Borrower, Purpose of Loan, Cash Flow, Source of Repayment, Collateral, etc.|
|Credit Rating||How is risk measured, Objective of Rating, Internal & External Rating, Methodology of Rating, Internal & External Comparison, Model Rating Formats & Model Credit Rating are put in here.|
|B||ANALYSIS OF FINANCIAL STATEMENTS||Analysis of Financial Statements||This unit defines the topics like Balance Sheet & Banker, Classification of Assets & Liabilities such as Current Assets, Fixed Assets, Non-current Assets, Intangible & Fictitious Assets and Liabilities like Current Liabilities, Medium & Term Liabilities, Capital & Reserve and analyses the Balance Sheet Profit & Loss Account, various Ratios, their classification of Ratios, types of ratios like Liquidity Ratios, Leverage Ratios, Activity Ratios, Profitability Ratios, Other important Ratios, Interpretation of important Financial Ratios, their uses, Fund Flow Statements, Techniques Fund Flow and Cash Flow Statements, Illustrations, etc.|
|Project/ Term Loan Appraisal||The kinds of Appraisal there are, are defined here e.g. Technical Appraisal, Commercial/Market Appraisal, Managerial Appraisal, Economic Appraisal, Environmental Appraisal, Project Cost & Means of Finance, Financial Appraisal, Cost of Production & Profitability, Sensitivity Analysis, Break-even Analysis, Capital Budgeting concepts like Pay Back Period Method, Time Value Money, Net Present Value, Internal Rate of Return (IIR), Life of the Project, etc are covered in this unit.|
|C||WORKING CAPITAL MANAGEMENT||Working Capital Assessment||Concept of Working Capital, Gross Working Capital, Net Working Capital, Working Capital Gap, its Components, Sources, Operating/ Working Cycle, Computation of storage/ Retention Period, Various Methods of Assessment of Working Capital, its Computation using Turnover Method, MPBF Method, Cash Budget System, Working Capital Finance to IT. & Software Industry, Impact of inadequate Working Capital, Loan Delivery System, Cash Flow Analysis, Illustrations, Commercial Paper, Credit Delivery, Analysis of CMA data.|
|Quasi Credit Facilities||What are the advantages of Non-Fund Facilities, Various types of NFB Facilities and Letter of Credits, Assessment of LC limits, Bills Purchase/ Discounting under LC, etc are discussed here?|
|Various types of Bank Guarantees||Guarantees like Performance Guarantees, Financial Guarantees, Deferred Payment Guarantees, Performance, and Financial Guarantees, Assessment of their limit, Period of Claim under Guarantee are defined here.|
|Co-acceptance Facilities||RBI Guidelines and Co-acceptance of Bills covering the supply of Goods & Machinery are the topics put under this unit.|
|D||OTHER CREDITS||Export Finance||Pre-Shipment Finance-Export Packing Credit in Rupees, Running Account Facility, Pre-shipment credit to specific sectors – Sub-Suppliers, Construction Contractors, Export credit to Processors/exporters – Agri Export Zones, Export Credit Insurance Whole Turnover Packing Credit, Pre-Shipment Credit in Foreign Currency (PCFC), Running Account Facility (in all currencies), Negotiation of Export Bills, Export on Consignment basis, Advance against Duty Draw Back Entitlements, ECGC Whole Turnover Post-Shipment Guarantee Scheme, Deemed Exports, Diamond Dollar Account Scheme, Post-Shipment Rupee Export Finance, Purchase or Discount of Export Bills, Interest Rate of Rupee, Export Credit, ECNOS, Rupee Export Credit Interest Rate Subvention, Post-Shipment Finance in Foreign Currency, Gold Card Scheme for Exporters, Crystallisation of Export Bills, etc form part of this unit.|
|Retail Loans||Various characteristics of Retail Loans, their advantages, Retail Banking Vs Corporate Banking, Various Retail Banking Products, Model Retail Banking Products such as Home Loans, Vehicle Loan, Personal Loan, Pensioner Loan Scheme, Property Loan, Holiday Loan Scheme, Gold Loan Scheme, Education Loan, etc., as well as guidelines on CERSAI registration will be found under the section.|
|Priority Sector Lending/ Government Sponsored Schemes||Different Categories of Priority Sector borrowers, Agriculture (Direct & Indirect) Finance, MSME Finance (Direct & Indirect), Micro Credit, Government Sponsored Schemes e.g. Swarnajayanti Gram Swarozgar Yojana or SGSY, Swarna Jayanti Shahari Rozgar Yojana (SJSRY), SRMS, Swarna Jayanti Shahari Rozgar Yojana, Education Loans, Housing Finance, Export Credit, Differential Rate of Interest Scheme, Priority Sector Targets, etc are defined.|
|E||MONITORING, SUPERVISION & FOLLOW UP AND MANAGEMENT OF IMPAIRED ASSETS||Documentation||All about the documentation, its Importance, Types, Requisites, Selection of documents, their Stamping, Mode and time of Stamping, Remedy for un-stamped/ under-stamped documents, Documents of which registration is compulsory, Time limit of registration, Consequence of non-registration, Execution, Mode of Execution, Period of Limitation, Law of Limitation to Guarantor, Extension of period of limitation, Enforcement of documents, Death of Borrower/ Guarantor, etc can be seen under this section.|
|Types of Charges||This unit explains the purpose of the charge, Various types, their modes, Types of Security, Lien, Negative Lien, Set-Off, Assignment, Pledge, Right of Banker as a Pledgee, Duties as a Pledgee, Hypothecation, Mortgage, its different types, Difference b/w Simple and Equitable Mortgage.|
|Credit Monitoring, Supervision & Follow Up||Meaning of Credit Monitoring, its Goals, Process, Different Tools, Check-list for the same, monitoring by using various statements, QIS Formats/ guidelines on it, Supervision & Follow Up, etc are covered here.|
|Management of Impaired Assets||This unit introduces concepts like Credit Monitoring, NPA, NPA Management Policy, Sick Unit, Income Recognition Policy, Assets Classification, Guidelines on Asset Classification, Projects under implementation, Project Loans under Infrastructure and Non-Infrastructure Sectors, under Commercial Real Estate Sector, Income Recognition, take out Finance, Provisioning Norms for NPA, Provisioning Coverage Ratio (PCR), Options available to banks in Stressed Assets, and Prudential Guidelines on Restructuring, Eligibility criteria for restructuring, Asset Classification Norms for Restructured Assets, various Committee’s recommendation like Mahapatra Committee Recommendations, Revised Prudential Guidelines on Restructuring of Advances, General Provision on Restructured Standard Accounts, Up-gradation of Restructured Accounts, Viability Parameters, Rehabilitation, Viability Period, Incentives for Quick implementation of Restructuring Package, Corporate Debt Restructuring (CDR) Mechanism, CDR Structure & Operations, New RBI Framework for Distressed Assets, Wilful Defaulters, Penal Measures, Compromise, Pre and Post – filing precautions, Type of Decrees, Modes of Execution of Decree, Legal Action, Civil litigation, Lok Adalats, Debt Recovery Tribunal, SARFAESI, Write Off etc.|
|Fair Practices||The unit talks about the applicability of the concept of Fair Practices, Practices to be adopted, Loan Processing, Assessment, Disbursement, Administration, Recall/ Repayment of Loan, Grievance Redress Mechanisms are what could be seen under this section.|
IMPORTANT TOPIC:- CCP EXAM 2022 MOCK TEST
Because Banking and Finance is a dynamic field they keep going through rapid changes. Therefore, IIBF also the candidates to expect some questions from the latest developments/ guidelines issued by the regulator(s) under the subject matters that may not be included in the syllabus as well as on current developments in banking and finance. IIBF also advises referring to financial periodicals/newspapers (particularly Master Circulars/Master Directions, IIBF VISION & BANK QUEST) published by the Institute on its website.
The cut-off date to keep up with the updates (developments/guidelines) for examinations conducted for:
|Examination Period||Cut-off Date|
|August 2021 to January 2022||30th June 2021|
|February 2022 to July 2022||31st December 2021|
|August 2022 to January 2023||30th June 2022|
CCP EXAM STUDY MATERIAL
Keep up with the updates regularly can be a tedious task. But we, Learning Sessions have the exact solution for that. The study material offered by us consists of:
- Latest chapter-wise video course (in a mix of Hindi & English language)
- Memory Recalled Questions
- Offline Downloadable Videos
- Complete Mock Tests
- FB updates
The above material will give you a comprehensive understanding of all the subject matters that will help you in clearing the exams in your first attempt. This course is made available to you by Mr. Ashish Jain, who himself has worked in the credit department for 7 years. He has delivered more than 900 hours in the form of online classes and rendered services to more than 1,25,000 candidates.
He has also prepared and delivered classes for JAIIB, CAIIB, Information technology, Digital Banking, Risk Management, Treasury Management, KYC/ AML, Prevention of Cyber Crime & Fraud Management, MSME, and much more.
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You can visit through the given link to check out the demo videos or to register for the CCP EXAM COURSE: CCP EXAM 2022 VIDEOS