JAIIB Exam Syllabus 2026 PDF: Paper-Wise Topics & Exam Pattern

Evolution of Indian Economy

Basic Characteristics of the Indian Economy

Indian Economy in Pre-British Period

Economy till 2008 & after 2008

Structural changes in the Indian Economy

Definition of Economic Planning

History of Economic Planning

Objectives of Economic Planning

Types of Planning

Achievements of Planning

Financial resources for 5-year plans

Role & Importance of Primary, Secondary, Tertiary, Quaternary & Quinary Sectors

Different Revolutions in the Primary Sector

Difference between the sectors

GDP contribution of different sectors

Agriculture, Industry, Services

Employment growth rate in the secondary sector

Sunrise Sector of Indian Economy

Organised and Unorganised sectors

Definition & Role of Priority Sector

List of Priority Sectors identified in India

Priority Sector Lending Norms

Definition of MSME, Role & Significance of MSME in economic development, Contribution of MSME in GDP

Recent Initiatives in MSME sector viz., Atmanirbhar Bharat package, Make in India, Start-up India, Stand-up India etc.

Infrastructure & Economic Development

Energy, Power, Transport system viz., Rail, Road, Civil Aviation

Concept of Social Sector & Social Infrastructure

Health, Education, Family Welfare

Development of Health Infrastructure

Globalisation and its Advocacy

Globalisation and its Impact on India

Fair Globalisation & the Need for Policy Framework

Globalisation in reverse gear – The Threatened Re-emergence of Protectionism

A brief overview

Transformation (Real Sector, Financial Sector)

Integration with the Global Economy

Economic Reforms in India

FTP – Structural Changes during the 1990s

FTP policy – 2015-2020

Challenges to be addressed in upcoming FTP

FDIs, FIIs and Recent trends

Economic development vs economic growth

Importance of economic development as a dimension, etc.

IMF and World Bank

WTO- India and WTO

Regional Economic Co-operations

Recent International Economic Issues

Core elements of Sustainable Development

Global Issues and Initiatives

India’s progress in SDGs including Climate change

CSR Activities

Poverty Alleviation

Jobless growth

Rising Inequalities

Migration and excessive pressure on resources

Possible remedies

Pandemic situations

Economics – An Introduction

Microeconomics and Macroeconomics

Types of Economies: Market, Command, and Mixed Economies

The Demand Schedule

Forces behind the Demand Curve

Shifts in Demand

The Supply Schedule

Forces behind the Supply Curve

Shifts in Supply

Equilibrium of Supply and Demand

Effect of a Shift in Supply or Demand

Interpreting Changes in Price and Quantity

What is Money

Money Supply

Inflation, Causes of Inflation, Measures of Inflation

Classical Theory of Rate of Interest

Keynes’ Liquidity Preference Theory of the Rate of Interest

Money Demand Curve

Determination of Rate of Interest: Equilibrium in the Money Market

Effect of an Increase in the Money Supply, Shifts in Money Demand or Liquidity Preference Curve

Hicks-Hansen Synthesis: IS-LM Curve Model

Characteristics of a Business Cycle

Phases of a Business Cycle

Tools of Monetary Policy

How did Monetary Policy in India respond to the Global Financial Crisis?

Fiscal Policy and FRBM Act

Computation

Utility

Receipts

Expenditure

Plan Expenditure

Deficit Concepts

What is a Financial System?

Phase I: Pre-1951 organisation

Phase II: 1951 to Mid-eighties organisation

Phase III: Post-Nineties Organisation

Narasimham Committee (1991) on the banking system in India

Reform of the Banking sector (1992-2008)

Present Status of Banking System

Functions

Development of Banking in India

Scheduled Commercial Banks- Types and functions

Local Area Banks

Regional Rural Banks

Cooperative Banks: Types, Payment Banks and Small Finance Banks

NBFCs, Key RBI Guidelines

Background of Enactment

PART-I Reserve Bank of India Act

1934: Chapter I to Chapter V

Schedules to the RBI Act, 1934

PART-II Banking Regulations Act, 1949

Background and Structure of the Banking Regulation Act: Section 1 to Section 56

Evolution of Development Financial Institutions in India

Gaps in the Post-Independence Financial System

Objectives of Development Financial Institutions

Classification of DFIs, Role of DFIs in the Indian Economy

Changing Role of DFIs and Emergence of Universal Banks

Industrial Finance Corporation of India (IFCI)

Industrial Credit and Investment Corporation of India (ICICI)

Industrial Development Bank of India (IDBI)

Small Industries Development Bank of India (SIDBI)

Export Import Bank of India (EXIM Bank)

National Bank for Agriculture and Rural Development (NABARD)

National Housing Bank (NHB)

National Bank for Financing Infrastructure and Development (NaBFID).

Evolution of Microfinance in India

Grameen Bank Model

Delivery of Microfinance

SHG-Bank Linkage programme

Joint Liability Groups (JLGs)

Regulatory Framework for Microfinance Institutions

Inclusion of Bank Finance to Microfinance Institutions in Priority Sector Lending

Regulatory Framework for Micro Finance Loans RBI Directions 2022

RBI’s Fair Practices Code for NBFC-MFIs

What is a Non- Banking Financial Company (NBFC)?

Evolution of NBFCs in India

Role of NBFC in Promoting Inclusive Growth of India

Regulators of NBFCs

Classification of NBFCs

Regulatory Oversight by RBI on NBFCs

Types of NBFCs, Concept of Owned Funds and Net Owned Funds (NOF) for NBFCs

Bank Finance to NBFCs, Fair Practice Code for NBFCs

Applicability of Ombudsman Scheme to NBFCs, Scale Based Regulation (SBR): A Revised Regulatory Framework for NBFCs

History and Development of Insurance

Privatisation and Foreign Direct Investment (FDI) in Insurance Sector

Insurance Business Globally and in India

Insurance Penetration and Density

Number of Insurance Companies Operating in India.

Legislations Governing Operation of Insurance Companies

Insurance Intermediaries. Reinsurance. Insurance Repository’s-Insurance Account.

Role of Financial Sector Regulators in an Economy

Reserve Bank of India (RBI)

Securities and Exchange Board of India (SEBI)

Insurance Regulatory and Development Authority of India (IRDA)

Pension Fund Regulatory and Development Authority (PFRDA)

Bad Banks

Infrastructure financing

Formation/role of NaBFID-National Bank for Financing

Infrastructure & Development

Basic concepts on EASE

What is a Financial Market?

Evolution of the Financial Market

Segments of Financial Markets

Functions of Financial Markets

Price Discovery.

Call Money

Notice Money and Term Money

Treasury Bills, Certificates of Deposit, Commercial Paper

Repo, Tri-Party Repo, Bill Rediscounting Scheme (BRDS), Long-Term Repo Operations (LTRO).

Government Securities

Bond Valuation and Theorems

Auction of Government Securities

Primary Dealers

Fixed Income Money Market and Derivatives Association of India (FIMMDA)

RBI Retail Direct Scheme (RDS)

Corporate Bond Market

Inter-Corporate Deposits.

Primary Market, Secondary Market, Stock Exchanges in India

Financial Products/Instruments Dealt with in the Secondary Market

Regulatory Requirements Specified by SEBI for Corporate Debt Securities

Commonly Used Terms in the Capital Market

Types of Capital Issues in the Primary Market

Eligibility Norms for Making Capital Issues

Intermediaries in an Issue in the Primary Market

Applications Supported by Blocked Amount (ASBA), Qualified Institutional Placement (QIP).

Profile of Foreign Exchange (Forex) Market

Evolution of the Forex Market in India

Characteristics of the Forex Market

Market Participants

LIBOR and Alternate Reference Rates (ARRs)

Foreign Exchange Dealers Association of India (FEDAI)

Foreign Exchange Management Act (FEMA) 1999

FX-Retail Platform, US Dollar Index (USDX), American Depository Receipt (ADR) and Global Depository Receipt (GDR).

Process of Interconnectedness of Financial Markets

Reasons for interconnectedness

Importance of Interconnectedness of Financial Markets

Heterogeneity of Financial Markets

Achievement of Market Integration in India

Different Levels of Market Integration

Asian Clearing Union

Benefits and Costs of Interconnectedness of Markets

Interconnectedness of the Money Market

Interconnectedness of the Credit Market

Interconnectedness of the Capital Market

Interconnectedness of the Forex Market

Integrated Treasury Operations, Contagion Effect.

Definition of Merchant Banking

Historical Background

Development of Merchant Banking in India

Merchant Banking Vs Commercial Banking

Licensing Requirements

SEBI Regulations on Merchant Banking

Activities of Merchant Banks

Key Policy Requirements as per SEBI Regulations

Key Codes of Conduct as per SEBI Regulations.

What is a Derivative?

History of Derivatives, Size of the Derivatives Market, Underlying Assets, Exchange Traded and Over-the-Counter Markets

Participants in the Derivatives Market, Functions of Derivatives

Types of Derivatives, Forward Contracts, Futures, Options, Swaps, Credit Default Swaps (CDS), RBI guidelines on Credit Default Swaps

Documentation for Derivatives – ISDA Agreement.

What is Factoring?

History of Factoring, Types of Factoring, Domestic Factoring, International Factoring

Bills Discounting vs Factoring, Fees Involved in Factoring, Advantages of Factoring

What is Forfaiting?

Mechanism of a Forfaiting Transaction

Fees Involved in Forfaiting

Advantages of Forfaiting

Differences between Factoring and Forfaiting

What is TReDS? Participants under TReDS, Process Flow under TReDS, Eligibility Criteria to Set Up and Operate TReDS.

Concept of Venture Capital

Evolution of Venture Capital in India

Characteristics of Venture Capital Finance

Stages of Venture Capital Financing

Process of Venture Capital Financing

Regulatory Aspects of Venture Capital Funds

Modes of Venture Capital Financing

Advantages and Disadvantages of Venture Capital Financing

Exit Routes for Venture Capital Finance

Lease Finance

Evolution of Leasing in India

Types of Leasing

Advantages and Disadvantages of Lease Finance

Market Share of Various Leased Asset Classes

Impact of Leasing on Financial Ratios

Legal Aspects of Leasing

Regulatory Aspects of Leasing Activities

Hire Purchase, Evolution of Hire Purchase in India, Legal Aspects of Hire Purchase

Parties to a Hire Purchase Contract, Leasing and Hire Purchase Compared

What is Credit Rating?

Credit Rating Agencies (CRAs); History of Credit Rating; Characteristics of Credit Rating; Importance of Credit Rating

Benefits of Credit Rating

Factors Considered while Rating Companies/Instruments;

Process of Credit Rating

Credit Rating Symbols

Ratings Outlook

Regulations for CRAs in India, Fees for Credit Rating

What is Credit Scoring? , Credit Information Companies (CICs) in India, Membership to CICs

Regulatory Guidelines Governing CICs

Credit Scores

Difference Between Credit Ratings and Credit Scores

Mutual Funds and their Functions

Management of Mutual Funds

Evolution of Mutual Funds

Classification of Mutual Funds

Role of Mutual Funds

Supervision of Mutual Funds

New Fund Offer

Risks Associated with Mutual Funds

Risk Depiction – Riskometer

Net Asset Value (NAV)

Expenses Ratio

Load/No-Load Funds, Strategies for Investment in Mutual Funds

Role of Mutual Funds in the Capital Market

Alternative Investment Funds.

What is Insurance?

Fundamental Principles Governing Insurance Products

Classification of Insurance

Types of Insurance Business, Group Insurance Schemes, Micro Insurance

Insurance-Based Social Security Schemes, Bancassurance,

Insurance Ombudsman Scheme

Government Business Products (Social Security Schemes like PMJJBY, PMSBY).

Pension System and  Pension Products

Different Types of Pension Schemes, Employees Provident Funds Scheme, Public Provident Fund (PPF) Scheme, Insurance Annuity Schemes

National Pension Scheme (NPS), Atal Pension Yojana (APY).

Types of Para Banking and Financial Services provided by Banks

Organisation of Para Banking and Financial Services Activities by a Bank

Para-Banking and Financial Services Undertaken by a Bank

Disclosure of Commissions/Remunerations earned from Para Banking and Financial Services Activities.

What are Real Estate Investment Trusts (REITs)

History of REITs, Organisation of REITs, Types of REITs

Difference Between REITs and Real Estate Mutual Funds

Advantages and Disadvantages of Investing in REITs

Comparison of Various Modes of Investment in Real Estate

Taxation Guidelines for Investors of REITs

Regulatory Guidelines for REITs

What are Infrastructure Investment Trusts (InvITs), Organisation of InvITs, Rationale of Setting up InvITs, Activity of InvITs in India

Types of InvITs

Advantages and Disadvantages of InvITs

InvIT’s Revenue Model

Taxation on Investments in InvITs.

Requirements to be Called a Bank

Banker-Customer Relationship

Bank as a Trustee

Bailee-Bailor Relationship

Agent-Principal Relationship

Lessor and Lessee

Indemnifier and Indemnified

Different Deposit Products or Services

Services to Customers and Investors

Money Laundering & Financing of Terrorism Risks

AML Framework in India

Know Your Customer Policy

Organisational Set-up for AML

Obligations under PMLA

Risk Management

Obligations under International Agreements

FATF Identified Jurisdictions

Correspondent Banks

Reporting Under FATCA/ CRS

Reporting Obligations

Implications of Non-compliance of PMLA Obligations

Secrecy Obligations

Know Your Customers (KYC) Norms

Wire Transfers

Other Operations - Regulations

Central KYC Records Registry (CKYCR)

Monitoring of Transactions

Personal Accounts

Accounts of Other Customers

Norms for Opening Current Accounts

Obtaining Photographs of Account Holders

Legal Entity Identifier

Salient Features of Deposit Accounts

Interest on Deposit Accounts

Prohibitions & Exemptions

Inoperative Accounts & Unclaimed Deposits

Operational Instructions in Joint Accounts

Nomination Facility

Other Operational Guidelines

Attachment Orders

Procedure for Submission of Records to Statutory Authorities

Cheque Truncation System (CTS)

RBI Guidelines on Collection of Instruments

Cash and its Custody

Security Arrangements at Branches and ATMs

Mandate – Definition

Power of Attorney (POA) – Definition

Banker’s Lien

Right of Set-off

Right of Appropriation

Evolution of FEMA

Definitions

Bringing in and Taking out Foreign Exchange

Inward Remittances

Outward Remittances

Indo - Nepal Remittance Scheme

Permitted Accounts in India for NRIs and PIOs

Accounts in India of Foreign Nationals Visiting India

Special Non-Resident Rupee Account – SNRR Account

Remittance of Assets Held by NRIs/ PIOs

Acquisition and Transfer of Immovable Property in India by a Non-Resident Indian (NRI)

Creation of Charge on Immovable Property in India

Repatriation of Income and Sale Proceeds of Assets Held Abroad by NRIs

Investments by NRIs/ PIOs

Types of Accounts Permitted

Foreign Currency Denominated Accounts in India

Permitted Foreign Currency Accounts Outside India

Remittance of Assets by Foreign Nationals not Being PIOs

Modes of Acquiring Property Outside India by a Resident

Foreign Contribution (Regulation) Act 2010

Developments in CMS

Importance of Cash Management System

Types of Cash Management Services

Challenges and Issues

Negotiable Instruments Act

Payment of a Cheque

Payment in due course – Section 10

Liability of the Paying Bank – Section 31

Collection of Cheques – Duties of a Collecting Bank

Endorsement of Cheques

Crossing of Cheques

Forged Instruments

Bouncing (Dishonour) of Cheques

Cheque Truncation System

Negotiable Instruments Act and Paying Banks

Liability of Paying Banker when Customer’s Signature on the Cheque is Forged

Payment to be in Due Course for Bank to Seek Protection

Payment in Good Faith without Negligence of an Instrument on which Alteration is not Apparent

Payment by Bank Under Mistake Whether Recoverable

Cheque Truncation

Statutory Protection to Collecting Bank

Duties of the Collecting Bank

Remittances: Introduction

Demand Drafts (DD) and Banker’s Cheques (BC), Mail Transfer (MT), Telegraphic Transfer (TT), National Electronic Funds Transfer System (NEFT)

Real Time Gross Settlement System (RTGS)

Electronic Benefit Transfer (EBT) Scheme

Mobile Banking in India

Electronic/Digital Payments

Safe Deposit Lockers

Portfolio Management Services

Merchant Banking

Government Business

Levying of Service Charges

Financial Inclusion by Extension of Banking Services

Use of Mobiles/Tablets in Financial Inclusion Drive

Financial Literacy

Rural Self-Employment Training Institutes (RSETI)

Customer Service in Banks

Policy for General Management of the Branches

ATM Operations

Security Issues and Risk Mitigation Measures

Service at the Counters

Information to the Customers

Special Arrangements at Branches

Other Provisions

Duty of Secrecy & Confidentiality

Duty of Reasonable Care

Garnishee or Attachment Order

Bank’s Rights

Customer Awareness

Banking Codes and Standards Board of India

Obligations on the Customer

Model Policy on Grievance Redressal

Internal Machinery to Handle Customer Complaints/ Grievances

The RBI - Integrated Ombudsman Scheme

Purpose of The Act

Preamble and Extent

Act not Overriding on Any Other Law

Salient New Aspects of CPA 2019

Definitions

Various Fora

Consumer Protection Councils

Central Consumer Protection Authority

Consumer Disputes Redressal Commissions

Jurisdictions of Commissions

Complaints to District Commissions

Complaints to State Commissions/ National Commission

Appeals Against Orders of District/ State Commission

Other Aspects

Mediation Process

Product Liability

Unfair Contracts

Data Protection

Applicability

Definitions

Right to Information

Obligations of Public Authorities

Designation of Public Information Officers

Procedure for Obtaining Information

Disposal of Request

Appeal

Orders in Appeal

Central Information Commission

State Information Commission

Penalties

Act to Have Overriding Effect

Principles of Lending

Types of Borrowers

Types of Credit Facilities

Fund-Based Working Capital Facilities

Term/ Demand Loans

Non-Fund-Based Facilities

Other Credit Facilities

Credit Appraisal

Credit Appraisal techniques

Methods of Assessment of Loans

Assessment of Working Capital

Assessment of Term Loan

Interest Rates on Loans

Credit Management

Credit Monitoring

Common Operational Terms/Aspects in Loan Functions

Operational Process of Handling Loans

Accounting Aspects of Loan Products

Basic Operating Instructions on Loan Products

Operating Manual for Loans and Advances

Sample Operating Instructions

Operational Aspects of a Few Common Loan Products

Guidelines on Recovery Agents Engaged by Banks

Fair Practices Code for Lenders

Effectiveness of Securities

What are ‘Secured Loans’ and ‘Unsecured Loans’?

Types of Securities

Land and Buildings, Goods, Documents of Title to Goods, Advances against Life Insurance Policies

Advance Against Shares

Advance Against Debentures

Loan against Book Debts

Loan against Term Deposits

Loan against Gold Ornaments

Supply Bills

Vehicle Finance

Meaning and Essentials of a Contract

Contract of Agency

Contract of Bailment

Types of Charges

Registration of Charges

Different Types of Documents

Documentation Procedure

Definition

Income Recognition

Computation of Gross Advances

Gross NPA

Net Advances

and Net NPA

Asset Classification

Provisioning Norms

Writing Off of NPAs

NPA Management – Requirement of Effective Mechanism and Granular Data

Framework for Resolution of Stressed Assets

Prudential Norms Applicable to Restructuring

Other Aspects

Introduction to Recovery of Debts and Bankruptcy Act1993 (DRB) Introduction to SARFAESI Act

Introduction To The Insolvency and Bankruptcy Code

Introduction To The Legal Services Authorities Act

Introduction To The Law of Limitation

Contract of Indemnity Defined

Distinctive Features of Indemnity Contract and Guarantee

Rights of an Indemnity Holder

Implied Indemnity

Enforceability of Contract of Indemnity

Scope and Application of Indemnity Contracts to Banks

Parties to the Contract

Basic Principles of Contract to be Complied With

Consideration

The Liability of the Surety

Continuing Guarantee

Revocation of a Continuing Guarantee

Death of Surety

Variance in Terms of the Contract

Discharge of Principal Debtor

Forbearance to Sue

Surety can Claim His Dues from the Principal Debtor

Security

Implied Promise by the Principal Debtor to Indemnify the Surety

Misrepresentation Made by the Creditor

Co-sureties for the Same Debt

Release of One Co-surety does not Discharge Other

Bank Guarantees

Various Types of Bank Guarantees

Banker’s Duty to Honour Guarantee

Issuance of Bank Guarantee – Precautions to be Taken

Payment Under Bank Guarantee – Precautions to be Taken

Letters of Credit – General Consideration

Parties to a Letter of Credit

Types of Letters of Credit

Documents Under a Letter of Credit

Uniform Customs and Practices for Documentary Credits – UCPDC 600

Payment Under Letter of Credit – Primary Obligations of Banks

Purpose of Deferred Payment Guarantee

Method of Payment

Class of Bills and Laws Governing Bills

Classification of Bills

Various Types of Bill Finance

Bill Finance and Legal Position of a Banker

Credit Card

Home Loans

Personal Loans

Consumer Loans

Applicability

Targets/Sub-Targets for Priority Sector

Categories of Priority Sector

Non-Achievement of Priority Sector Targets

Common guidelines for Priority Sector Loans

Other Modes of Lending to Priority Sectors

Other Aspects Related to Priority Sector Lending

Short-Term Loans

Medium/Long-Term Loans

Crop Loan

Revised Scheme for Issue of Kisan Credit Card (KCC)

Selected Activities Under Agricultural Financing

Minimum Support Prices Scheme

Prime Minister Fasal Bima Yojana (PMFBY)

Background

Bank Borrowings - Source of Finance for NBFCs

Bank Finance to NBFCs

Bank Loans to NBFCs for On-Lending

Bank Loans to NBFCS-MFIs

NBFC-MFI – Channelising Agent for Special Government Schemes

Co-Lending by Banks and NBFC’s to Priority Sector

Framework for Scale Based Regulation (SBR) for Non-Banking Financial Companies

Aim of MSMEs

Micro, Small and Medium Enterprises Development (MSMED) Act, 

Policy Package for MSMEs – Credit/Finance, Measures for Promotion

Development and Enhancement of Competitiveness of Micro, Small and Medium Enterprises

Delayed Payments, Trade Receivables Discounting System (TReDS)

Performance and Credit Rating Scheme, Credit Guarantee Fund Scheme for Micro and Small Enterprises

Cluster Based Approach in Financing MSMEs

Common Guidelines / Instructions for Lending to MSME Sector

Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM)

Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM)

Pradhan Mantri Jan Dhan Yojana (PMJDY)

MUDRA Loans

Khadi Village Industries Commission (KVIC)

Bank Computerisation

Networking Technologies in Banks

Uninterrupted Power System (UPS)

Core Banking

Data Warehousing and Data Mining

Functions Performed by CBS

Flow of Transactions in CBS

The Accounting of Transactions in CBS

End of Day (EOD) And Begin of Day (BOD) Operations

End of Day (EOD) Operations

Password Control

Parameter/Master File

Logical Access Control

Operational Aspects of Security Control in CBS

Role and Responsibilities of the Bank Under CBS

Alternate Delivery Channels

Automated Teller Machines (ATMs),

Electromagnetic Cards

Electronic Banking

Customer Protection–Limiting Liability of Customers in Unauthorised Electronic Banking Transactions

Harmonization of Turn Around Time (TAT) and Customer Compensation for Failed Transactions Using Authorised Payment Systems

Data Communication Networks

Network Scenario in India: Major Networks, Emerging Trends in Communication Networks for Banking

Evolution of EFT Systems, Structured Message Transfer System Using SWIFT

Automated Clearing Systems

Two-Level Funds Transfer System, Emergence of Electronic Payment Systems in India

Electronic Clearing Systems in India

National Payment Corporation of India (NPCI)

Digital Initiatives by the Government of India

Trends in Technology Developments

Role and Uses of Technology Upgradation

Global Trends in Banking Systems

Impact of Information Technology on Banks

Some emerging technology trends in Banking

Risk Concern Areas

Different Types of Threats

Control Mechanism

Computer Audit

Information System Audit (IS Audit)

Information System Security (IS Security)

Modus Operandi of Online Frauds and Cyber Security Awareness

IT Resources Evaluation Requirements,

Disaster Recovery Management Objective,

Legal Framework for Electronic Transactions Information Technology Act,

G. Gopalakrishana Committee Report,

Cyber Security Framework in Banks,

Integrated Ombudsman Scheme

2021 by RBI

Fraud vs Crime

Phases of an Effective Incident Response Plan

e-RUPI

Fintech/Reg Tech/Sup Tech

Social Media Banking

Hashtag Banking

Account Aggregators

Open Banking

Values and Ethics

Ethics and Business Values

Business Ethics – Definition, Principles and Practice, An Ethical Crisis: Is Business Ethics an Oxymoron?

Ethical Foundation of Banking: Finance Depends on Trust, Ethical Foundation of Being a Professional

Banking Ethics in Global Context: Enron and Its Lesson

Global Financial Crisis

Ethics in Indian Context: Satyam and Its Lessons An Indian Bank Case Study

Values, Norms, Beliefs and Their Role, Core Values: The Value of a Value, Morality and Personal Values,

Value – Conflicts: How Should I Live?, Personal Ethics and Business Ethics: Individual Integrity and Responsibility

The Golden Rule

Understanding Right and Wrong: Doing the Right Thing

Ethical Reasoning and Real-World Application

Ethical Dilemmas: Resolving Ethical Dilemmas

A Framework of Ethical Decision-Making

Abuse of Official Position: Insider Trading, Proprietary Data, Bribes, etc.,

Obligations to Third Parties,

Job Discrimination, Sexual Harassment, Managing Conflict of Interests

Fair Accounting Practices: Related Party Transactions, HRM Ethics

Principles of Representation and Work Environment

Employees as Ethics Ambassadors & Managers as Ethical Leaders

What Is Work Ethics?

Something Bigger Than the Self

Ethical Behaviour at The Workplace: Benefits, Recognising Ethical Workplaces

Unethical Behaviours: Causes and Remedies, Conducting Personal Business During Office Time, Taking Credit for Others’ Work, Ethical Lapses and Organizational Culture, Ethics of a Banker

Whistleblowing in Banks, Whistleblowing Law in India

Ethics and Technology

Data Security and Privacy

Intellectual Property Rights

Patents and Proprietary Rights

Ethics of Information Security

Nature and Purpose of Accounting

Historical Perspectives

New Accounting system / Value system accounting

Origins of Accounting Principles

Accounting Standards in India and its Definition and Scope

Generally Accepted Accounting Principles of USA (US GAAP)

Overview of IFRSs

Difference between GAAP and IFRS

Transfer Pricing

Concepts of Accountancy

Going Concern Entity

Double Entry System

Principle of Conservatism

Revenue Recognition and Realisation

Accrual and Cash Basis

Record Keeping Basics

Account Categories

Debit and Credit Concepts

Accounting and Columnar Accounting Mechanics

Journalising

Recording Transactions in Cash Book

Transactions Contained in the Pass Book/Bank Statement

Is Passbook a Mirror Image of Cash Book?

Causes for Passbook and Cashbook being different, Understanding Reconciliation

Preparing Reconciliation Statement

Need for Bank Reconciliation

How to prepare a Bank Reconciliation Statement when extracts of Cash Book and Pass Book are given?

Adjusting the Cash Book balance, Advantages of Bank Reconciliation Statement

Meaning of a Trial Balance

Features and Purpose of a Trial Balance

Types of Trial Balance and Preparation of a Trial Balance

Disagreement of a Trial Balance

Classification of Errors

Location of Errors

Rectification of Errors

Suspense Account and Rectification,

Rectification of Errors when Books are Closed,

Adjusting and Closing Entries

Meaning of Depreciation

Causes of Depreciation

Need for Depreciation

Factors of Depreciation

Accounting Entries,

Methods of Depreciation,

Straight Line Method,

Diminishing Balance or Written Down Value (WDV) Method,

Advantages and Disadvantages of Straight Line Method,

Advantages and Disadvantages of Written Down Value Method

Units of Production Method,

Sum of the Years’ Digits Method,

Replacement of a Fixed Asset and Creation of Sinking Fund,

Amortisation of intangible assets

Expenditure,

Distinction between Capital and Revenue Expenditure, Receipts

Types of Instruments of Credit,

Term and Due Date of a Bill,

Certain Important Terms,

Accounting Entries to be Passed,

Accommodation Bill

Bill Books

Peculiar Features of Accounting System in Banks,

Accounting Systems of Different Banks

Illustration

Functions Performed by the Back Office

Reconciliation Function in Banks

Reconciliation of Inter Branch/ Office Entries

Bank Audit,

Emergence of Risk-based Internal Audit,

Types of Bank Audits Viz. Concurrent Audit, Internal Audit, Statutory Audit

Role of Audit and Inspection

Balance Sheet Equation

Computation of Balance Sheet Equation

Preparation of Trial Balance

Adjustment Entries

Preparation of Financial Statements from Trial Balance

Definition and Types of Companies

Distinction between Partnership and Limited Liability Company

Classes of Share Capital

Issue of Shares

General Illustrations

Non-voting Shares

Form of Balance Sheet

Impact of Ind AS on Financial Statements

Cash Flow

Funds Flow Statement

Cash Flow Statement

Fund Flow and Cash Flow Analysis

Definition and Functions of a Bank

Requirements of Banking Companies as to Accounts and Audit

Significant Features of Accounting Systems of Banks

Principal Books of Account

Preparation and Presentation of Financial Statements of Banks

Accounting Treatment of Specific Items

Preparation of Profit and Loss Account,

Comments on Profit and Loss Account Items,

Important Items of Balance Sheet.

Disclosure Requirements of Banks to be Added as Notes to Accounts

Disclosures Prescribed by RBI Under Basel-III

Banks Listed on a Stock Exchange,

Implementation of Indian Accounting Standards (Ind AS)

Meaning of Computerised Accounting

Features of Computerised Accounting

Terms Used in Computerised Accounting

Difference between Computerised and Manual Accounting

Advantages and Disadvantages of Computerised Accounting

Functions Performed by Computerised Accounting Software Available in the Market

Computerisation – Scope and Experiences in Banking

The Core Banking Components, Information Security, Internet and World Wide Web – Influences on Banking

Forms of Business Organisation

Financial Decision Making in a Firm

Objectives of Financial Management

The Fundamental Principles of Finance

Building Blocks of Modern Finance

Risk-Return Trade-off

Agency Problem in Financial Management

Business Ethics & Social Responsibility

Organisation of the Finance Function

Relationship of Finance to Economics and Accounting

Emerging Role of the Financial Manager in India

Meaning of Accounting Ratios

Classification of Ratios

Uses of Accounting Ratios

Limitations of Accounting Ratios

Calculation and Interpretation of Various Ratios

Different Users and Their Use of Ratios

What is Simple Interest?

What is Compound Interest?

Fixed and Floating Interest Rates

Front-end and Back-end Interest Rates

Calculation of Interest Using Products/Balances

What are Annuities?

Calculating the Future Value of an Ordinary Annuity

Calculating the Present Value of an Ordinary Annuity

Calculating the Future Value of an Annuity Due

Calculating the Present Value of an Annuity Due

Repayment of a Debt

Meaning of Debt

Introduction to Bonds

Terms Associated with Bonds

Types of Bonds

Optionality in Bonds

Valuation of Bonds

Bond Value with Semi-annual Interest

Current Yield on Bond

Yield-to-Maturity of Bond

Theorems for Bond Value

Illustrations

Duration of Bond

Properties of Duration

Bond Price Volatility

Problems and Solutions

Fundamentals of Foreign Exchange

Indian Forex Market

Direct and Indirect Quote

Some Basic Exchange Rate Arithmetic

Forward Exchange Rates

Meaning of Capital Structuring

Leverage/Gearing

Factors Influencing Decision on Capital Structuring

Theories/Approaches on Capital Structuring

Net Income Approach

Net Operating Income Approach

Traditional Position

Assumptions in the Approaches on Capital Structuring

Taxation & Capital Structure

Cost of Debt, Preference, Equity, Determining the Proportions

Weighted Average Cost of Capital (WACC)

Factors Affecting the WACC

Weighted Marginal Cost of Capital

Determining the Optimal Capital Budget

Divisional and Project Cost of Capital

Floatation Cost and the Cost of Capital, Misconceptions surrounding the Cost of Capital

Discounted and Non-Discounted Cash Flow Methods for Investment Appraisal

Basic concepts of term loans

Deferred payment guarantees, project financing

Difference between term loan appraisal and project appraisal

Meaning of a Lease

Features of a Lease

Types of Leases

Rationale for Leasing

Contents of a Lease Agreement

Legal Aspects of Leasing

Finance Leases

Operating Leases

Accounting of Lease Transactions in the books of Lessor and Lessee

Leasing as a Financing Decision

Working Capital Cycle

Cash and Marketable Securities

Accruals

Trade Credit

Working Capital Advance by Commercial Banks

Cash Budget Method of Lending

Regulation of Bank Finance

Public Deposits

Inter- Corporate Deposits

Short-term loans from Financial Institutions

Rights Debentures for Working Capital

Commercial Paper

Factoring & Forfaiting

Characteristics & Functions of Derivatives

Users of derivatives

Futures

Forward Rate Agreement (FRA)

Swaps

Options

Overview of Income Tax Act

Basic Overview of Deductions in Respect of Certain Incomes & Deduction 80QQB, 80RRB, 80TTA & 80U

TDS/TCS

Returns

Refund & Recovery

Meaning of Direct & Indirect Tax

Introduction to GST

Cost Accounting: Evolution

Meaning, Objectives and Scope

Concepts of Costs, Classifications and Elements of Cost, Cost Centre and Cost Unit

Methods and Techniques of Costing

Cost Accounting Standards

Management Accounting: Evolution, Meaning, Objectives and Scope

Tools and Techniques of Management Accounting

Relationship of Cost Accounting

Financial Accounting

Management Accounting and Financial Management

Unit and Output Costing

Job Costing: Job Cost Cards

Collecting Direct Costs

Allocation of Overheads and its Applications

Batch Costing: Features and Applications

Contract Costing: Features

Distinction between Job and Contract Costing

Progress Payments, Retention Money, Escalation Clause, Contract Accounts

Accounting for Material

Accounting for Plant Used in a Contract

Contract Profit and Accounting Entries

Process Costing: Features, Applications and Types of Process Costing

Process Loss, Abnormal Gains and Losses

Equivalent Units, Inter-Process Profit, Joint Products, By-Products and Accounting

Service Costing: Features and Applications, Unit Costing and Multiple Costing, Application

Identification of Cost Unit and Cost Determination and Control

Definition, Significance and Applications

Various Types of Standards

Installation of Standard Costing System—for Material, Labour, and Overhead

Variance Analysis for Materials

Labour and Overheads and Accounting Treatment of Variances

Benchmarking for Setting of Standards

Variance Reporting to Management

Meaning

Advantages

Limitations and Applications

Breakeven Analysis

Cost-Volume-Profit Analysis

P/V Ratio and its Significance

Margin of Safety

Absorption Costing: System of Profit Reporting and Stock Valuation

Difference between Marginal Costing and Absorption Costing

Income Measurement under Marginal Costing and Absorption Costing

Budget Concept

Manual

Fixed and Flexible Budgets

Preparation and Monitoring of Various Types of Budgets

Budgetary Control System: Advantages

Limitations and Installation

Zero Based Budgeting

Programme and Performance Budgeting

Characteristics of Retail Banking

Advantages of Retail Banking

Constraints in Retail Banking

Evolution of Retail Banking

Prerequisites for Success of Retail Banking

Challenges for Retail Banking

Future of Retail Banking

Applicability of Retail Banking Concepts;

Distinction between Retail and Corporate/ Wholesale Banking

Banking System: An Introduction

Banking in India

What is Profitability?

What is Profit?

Gross Profit

Operating Profit and Net Profit

Profit and Profitability in the context of Banking

Traditional Measures of Profitability

The ROA (Return on Assets)

Return on Equity (ROE) for Banks

Branch Operating Efficiency

Strategies for Improving Efficiencies of Banking Operations

Factors Affecting Profitability of Banks in India

Profitability Analysis of Bank Branches

Steps to Improve Branch Profitability

Essential Factors to Make Continuous Improvement in Profitability

Maslow’s Theory and Customer Requirements

Customer Requirements about Service Quality

Product Development Process

Product Life Cycle

Product Lines of a Banker

Deposit Products or Liability Products

Credit Products or Asset Products

Other Products and Services

Other Fee-Based Services – Distribution of third-party products

New Product Development

Stages in New Product Development

Constraints in New Product Development

Product Management

Product Policy

What is a Credit Score?

Evolution of Credit Scoring

What is a Good Credit Score?

Credit Scoring Model

Managing the Credit Score

Positive Side of Credit Score

Warning Signs in Credit Score

Credit Information Companies in India;

Issues in Credit Scoring

Mistakes in Credit Scoring

Troubleshooting Credit Score

Demand Deposits – Current Accounts: Features, Advantages, Documents Required, Account Opening, Operational Instructions, Transfer, Inoperative Accounts and Closure

Savings Bank Accounts: Benefits, Eligibility, Interest Rates, Balance Maintenance, Transaction Rules and Banking Services

Time Deposits – Fixed Deposits: Types and Periodicity, Operational Guidelines, Interest Calculation, Minor Accounts, Premature Withdrawal, Loans/Advances Against FD, Renewal, Overdue Deposits, Form 15G/15H and TDS

Recurring Deposits (RD): Features, Instalments, Interest and Maturity

2-in-1 Accounts: Features, Benefits and Operational Aspects

Home Loans

Housing Loan under Prime Minister’s Awas Yojana (PMAY)

Home Improvement Loans

Home Decor Loans

Auto/Vehicle Loans

Personal Loans

Educational Loans

Other Retail Loans

Processing of Retail Loans

Credit Cards

Charge Cards

Pre-paid Cards

Debit Cards

Co-branded Cards

Contactless Cards

Electronic Payment Systems

National Electronic Funds Transfer (NEFT)

Real Time Gross Settlement (RTGS)

Electronic Clearing Services (ECS)

National Automated Clearing House (NACH) System

Aadhaar Enabled Payment System (AePS)

Bharat Bill Payment System (BBPS)

Benchmarking India’s Payment System

Technology in Retail Banking

Technology Processes in Retail Banking

Some Important User-Friendly Features

Customer Analytics

Institute for Development and Research on Banking Technologies (IDRBT)

Indian Financial Network (INFINET)

Structured Financial Messaging System (SFMS)

National Financial Switch (NFS)

Indian Banking Community Cloud (IBCC)

Wealth Management Solutions

Digital Lending

Banking Technology: Dimensions, Current Banking Scenario, Banking–Technology Relationship and Evolution

Technology in Indian Banking: Development of Banking Technology, New Era of Banking and Adoption Challenges

Technology in Retail Banking: Applications, Key Benefits and Emerging Trends

Artificial Intelligence (AI): Meaning, Evolution and Development of the AI Industry in India

AI in Banking: Applications of AI in Indian Banks, Need for AI and Its Role in Banking and Finance

AI in Retail Banking: Applications, Benefits and Use Cases in Indian Retail Banking

AI vs Automation: Key Differences and Applications

Challenges of AI Adoption in India: Major Issues and Barriers to AI Development

Benefits of AI in Banking: Improved Customer Service, Automation, Efficiency, Risk Management and Decision-Making

Repayment in Retail Loans

Default and Re-scheduling in Retail Loans

Monitoring of Loan Accounts

Classification of Irregular Loan Accounts

Recovery Policy of Banks

Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act)

Debt Recovery Tribunal (DRT)

Recovery through Lok Adalat

Engaging Direct Recovery Agents

The main elements of MIS

Role of Management Information Systems

Role of MIS in Improving decision making

Role of MIS in Banking Industry

Designing MIS for a Bank

Issues Related to Management Information System (MIS)

Suggestions for Solution to MIS-related Issues

Marketing in Retail Banking

Marketing Mix in Retail Banking

Channel Experience

Physical/Direct Channels – Branch

Automated Teller Machines

Point of Sale Terminal

Mobile Banking

Internet Banking

Customer’s Liability on Unauthorized Electronic Transactions

Delivery Models

Internal Customers – Staff at the Branch Level

Dedicated Marketing Managers

Direct Selling Agents (DSAs)

Tie-up with Institutions/OEMs/Dealers, etc.

Customer Relationship Management in Retail Banking

Why CRM?

Implementation Aspects of CRM in Banks

Implementation Process of CRM in Banks

Implementation Stages in CRM

Benefits of CRM

Impact of CRM on Customer Satisfaction

Members of BCSBI

Main Aims and Objects

Code of Banks’ Commitment

Code of Banks Commitment to Micro and Small Enterprises

Function of BCSBI

Code Compliance Rating

Customer Grievances Handling Mechanism

General Information

Functions of MKIS

Components of MKIS

The MKIS Model

Observations

Usage of Computers in MKIS

Supports for Marketing Management

Supports for Marketing Mix Decisions

Use of Decision Models

Performance of MKIS

Recommendations

Advantages of MKIS

Wealth Management – Broad View

Wealth Management Business Structures

Wealth management process

Wealth Management Products and Services

Alternative asset

Bond; Insurance

Mutual fund

Real estate Service

Retirement Planning

Strategic Business Strategy

Will Writing

Private Wealth Management

Personal Financial Planning

Wealth Management Assessment

Private Banking

Benefits of Wealth Management

Importance of Wealth Management

Element of Investment

Basics of Investment Management

Steps in Investment Management

Investment Banking

Services being offered by Full-service Investment Banks

Investment Bank Organizational Structure

Investment Management Vs Investment Banking

Portfolio Management

Objectives of Portfolio Management

Key Elements of Portfolio Management

Portfolio Management Vs Investment Banking

Role of Portfolio Manager

Portfolio Management Service Vs Mutual Funds (MFs)

Types of Portfolio Management Services

Steps of the Portfolio Management Process

Advantages of Portfolio Management Services

Disadvantages of PMS

Recent developments in the Portfolio Management Services area in India

Classification of Tax Structure in India

Financial Year

Assessment Year

Previous Year

Concept of Previous Year & Financial Year vis-a-vis Assessment Year

Residential Status for Income Tax

A few important terms in Income Tax

Heads of Income for computation of the total income

Income Tax Slab rate for FY 2021-22 (AY 2022-23)

Conditions for opting New Tax Regime

Example for Old Tax Regime Vs New Tax Regime & which is better

Income Tax Slabs for non-individual entities

Investment Products for Tax Savings

Estate Planning-Tax Planning through Wills/ Trusts

Capital Gains Tax

Distribution of Third Party Products in Retail Banking

Mutual Fund Business

Insurance Business

Some Social Security Insurance Schemes

Cross Selling

Depository Services by Banks

Portfolio Management Services

Factoring

Other Agency Business by Banks

Appraisal Procedures

Application Form

Documents to be Submitted for Availing a Home Loan

Application Received through Agent

Appraisal of Loan Request

Other Relevant Issues at Pre-sanction Stage

Documentation

Mortgage

Registration of Documents

Detection of Forged and Fabricated Title Deeds

Other Securities

Registration of Charges with CERSAI on Security Internet

Monitoring

Closure of Account

Home Loan Frauds

Development of “Home Information Packs”

Time Value of Money-interest and Annuities

Capital Gains

Loan Calculator and Loan Amortization Schedule

Who does Valuation?

Land with Building

Life of Structures

Sinking Fund

Reverse Mortgage