Banks have set up specialized departments to attend to functions like credit card business, housing loans, vehicle loans, trade finance, consumer loans, Bancassurance, etc. Of the banks have floated subsidiaries to take up these functions. Though banks offer some training to their staff to impart essential knowledge to handle these portfolios as per their requirements, there is a need for an educational programme for such activities. Compliance with ‘Know Your Customer’ guidelines and ‘Anti Money Laundering’ standards has become necessary for healthy financial relationships both by the banks/ financial institutions in Banking Sector. The course aims to provide comprehensive coverage of the various guidelines/ standards/ guidance notes issued by RBI/ IBA/ International bodies etc. The course aims to introduce the concept of payment banks too