Zonal Training Centre
Encyclopedia
Zonal Training Centre, or ZTC as it is commonly known, is the training centre of Reserve Bank of India
(RBI) for its officers and staff. RBI has four such training centres, the biggest and most prominent of them being at CBD Belapur
. The other three are at New Delhi
, Kolkata
and Chennai
. ZTC functions under the overall policy framework and administrative control of the Human Resources Development Department (HRDD) of RBI Central Office at Fort, Mumbai.
Atomic Research Centre and Bharati Vidyapeeth Engineering College. Located amid idyllic sylvan surrounding at the foot of Kharghar
hills, the ZTC campus offers peaceful and salubrious climate ideal for research and learning throughout the year.
, computers, noting and drafting, customer service, basic accountancy
and staff regulation, besides various HR
-related topics such as change management
, time management
, yoga
, health
awareness and self motivation etc.
(RMAB)
In March 2008 a training programme was conducted for the officers and staff of the National Bank of Ethiopia
(NBoE), in which the visiting delegates were given both theoretical and practical exposure to various aspects of RBI's central banking activities.
Reserve Bank of India
The Reserve Bank of India is the central banking institution of India and controls the monetary policy of the rupee as well as US$300.21 billion of currency reserves. The institution was established on 1 April 1935 during the British Raj in accordance with the provisions of the Reserve Bank of...
(RBI) for its officers and staff. RBI has four such training centres, the biggest and most prominent of them being at CBD Belapur
CBD Belapur
CBD Belapur is the third most developed node of Navi Mumbai after Vashi and Nerul. CBD Belapur has a fairly vibrant Central Business District that is moving some of the economy out of congested central Mumbai into the hinterland. Belapur is also one of the largest assembly constituencies from this...
. The other three are at New Delhi
New Delhi
New Delhi is the capital city of India. It serves as the centre of the Government of India and the Government of the National Capital Territory of Delhi. New Delhi is situated within the metropolis of Delhi. It is one of the nine districts of Delhi Union Territory. The total area of the city is...
, Kolkata
Kolkata
Kolkata , formerly known as Calcutta, is the capital of the Indian state of West Bengal. Located on the east bank of the Hooghly River, it was the commercial capital of East India...
and Chennai
Chennai
Chennai , formerly known as Madras or Madarasapatinam , is the capital city of the Indian state of Tamil Nadu, located on the Coromandel Coast off the Bay of Bengal. Chennai is the fourth most populous metropolitan area and the sixth most populous city in India...
. ZTC functions under the overall policy framework and administrative control of the Human Resources Development Department (HRDD) of RBI Central Office at Fort, Mumbai.
ZTC Belapur
The ZTC at Belapur, Navi Mumbai is the largest among all the zonal training centres of Reserve Bank of India. Its campus is situated inside the RBI Quarters in Sector-7 of CBD Belapur on the Raintree Street near BARCBARC
Barc or BARC may refer to:Institutions* Beltsville Agricultural Research Center* Bhabha Atomic Research Centre, an Indian nuclear research facility* Bradford Amateur Rowing Club* British Automobile Racing ClubVessels and vehicles* Barque...
Atomic Research Centre and Bharati Vidyapeeth Engineering College. Located amid idyllic sylvan surrounding at the foot of Kharghar
Kharghar
Kharghar is a node of Navi Mumbai, conceived and constructed by CIDCO. It is developed and maintained by CIDCO. Kharghar is located on the Mumbai-Pune highway at a less-than-one hour drive from the heart of Mumbai city. The Area started developing in 1995 and now it has of number of ready and...
hills, the ZTC campus offers peaceful and salubrious climate ideal for research and learning throughout the year.
Programmes and course contents
ZTC conducts about 110 training programmes during a calendar year - fifty during January to June, and another sixty during July to December - May being a shut period. The academic calendar of ZTC follows the RBI accounting year of July to June. Training programmes are conducted for officers, Class-III employees and Class-IV staff.IODP
The most important and comprehensive training programme at ZTC is the Integrated Officers' Development Programme, popularly known as "IODP". This is a programme for newly promoted officers, in which the trainees are imparted inputs on basic knowledge about central banking, Indian economy, emerging issues in international financeInternational finance
International finance is the branch of economics that studies the dynamics of exchange rates, foreign investment, global financial system, and how these affect international trade. It also studies international projects, international investments and capital flows, and trade deficits. It includes...
, computers, noting and drafting, customer service, basic accountancy
Accountancy
Accountancy is the process of communicating financial information about a business entity to users such as shareholders and managers. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management; the art lies in...
and staff regulation, besides various HR
Human resources
Human resources is a term used to describe the individuals who make up the workforce of an organization, although it is also applied in labor economics to, for example, business sectors or even whole nations...
-related topics such as change management
Change management
Change management is a structured approach to shifting/transitioning individuals, teams, and organizations from a current state to a desired future state. It is an organizational process aimed at helping employees to accept and embrace changes in their current business environment....
, time management
Time management
Time management is the act or process of exercising conscious control over the amount of time spent on specific activities, especially to increase efficiency or productivity. Time management may be aided by a range of skills, tools, and techniques used to manage time when accomplishing specific...
, yoga
Yoga
Yoga is a physical, mental, and spiritual discipline, originating in ancient India. The goal of yoga, or of the person practicing yoga, is the attainment of a state of perfect spiritual insight and tranquility while meditating on Supersoul...
, health
Health
Health is the level of functional or metabolic efficiency of a living being. In humans, it is the general condition of a person's mind, body and spirit, usually meaning to be free from illness, injury or pain...
awareness and self motivation etc.
Members of Faculty
Presently Mr Narayana J Nampoothiri is the faculty in-charge. The other members of faculty include Mr S Venkitachalam, Mr Rajesh Jai Kanth, Dr Tapan Kumar Pradhan, Mr Anuranjan Patanaik, Mr Sanjay Kumar Bhatt and Mr Rajesh Chandra Gupta.International programmes
In 2007 ZTC Belapur conducted an international training programme on Inventory Management for the staff and officers of the Royal Monetary Authority of BhutanRoyal Monetary Authority of Bhutan
The Royal Monetary Authority of Bhutan is the central bank of Bhutan and is a member of the Asian Clearing Union. It is also the minting authority for the Bhutanese ngultrum. The Royal Monetary Authority of Bhutan was established under the Royal Monetary Authority of Bhutan Act of 1982...
(RMAB)
In March 2008 a training programme was conducted for the officers and staff of the National Bank of Ethiopia
National Bank of Ethiopia
The National Bank of Ethiopia is the central bank of Ethiopia. Its headquarters are in the capital city of Addis Ababa. The bank's name is abbreviated to NBE.-History:...
(NBoE), in which the visiting delegates were given both theoretical and practical exposure to various aspects of RBI's central banking activities.