JAIIB Syllabus 2026 PDF Download: Revised November Unit Wise Topics

Particulars

Details

Exam 

JAIIB 2026

Conducting Body

Indian Institute of Banking and Finance

Papers

4

Modules

4 Modules in each paper

Questions

100 per paper

Marks

100 per paper

Duration

2 hours per paper

Mode

Online

Negative Marking

No

Exam Cycles

May and November

Official Website

IIBF

Papers

Questions

Maximum Marks

Exam Duration

Indian Economy and Indian Financial System

100

100

2 Hours

Principles and Practices of Banking

100

100

2 Hours

Accounting and Financial Management for Bankers

100

100

2 Hours

Retail Banking and Wealth Management

100

100

2 Hours

Module A - Indian Economic Architecture

1. An Overview of Indian Economy: Evolution and characteristics of the Indian economy, pre-British economy, economy before and after 2008, and structural changes.

2. Economic Planning in India: Meaning, history, objectives, types, achievements, and financial resources of Five-Year Plans.

3. Sectors of the Indian Economy: Primary, secondary, tertiary, quaternary and quinary sectors, major revolutions, sector-wise differences and GDP contribution, agriculture, industry, services, employment, sunrise sectors, and organised and unorganised sectors.

4. Role of Priority Sector and MSME in the Indian economy: Priority sector definition, importance, identified sectors and lending norms; MSME definition, role, GDP contribution, and government initiatives.

5. Infrastructure including Social Infrastructure: Infrastructure and economic development, energy, power, railways, roads, civil aviation, social infrastructure, health, education, family welfare, and health infrastructure.

6. Globalisation – Impact on India: Meaning, advocacy, impact on India, fair globalisation, policy framework, and re-emergence of protectionism.

7. Economic Reforms: Overview and transformation of the real sector, financial sector, global economic integration, and economic reforms in India.
   

8. Foreign Trade Policy, Foreign Investments and Economic Development: Foreign Trade Policy, structural changes, FTP 2015–2020, upcoming challenges, FDI, FII, recent trends, economic growth, and economic development.
   

9. International Economic Organizations (World Bank, IMF etc.): IMF and World Bank, WTO- India and WTO, Regional Economic Co-operations, Recent International Economic Issues.
   

10. Climate change, Sustainable Development Goals (SDGs): Core elements of Sustainable Development, Global Issues and initiatives, India’s progress in SDGs including Climate change, CSR Activities.

11. Issues facing Indian Economy: Poverty Alleviation, Jobless growth, Rising Inequalities, Migration and excessive pressure onresources, Possible remedies, Pandemic situations.

Module B: Economic Concepts Related to Banking 

1. Fundamentals of Economics, Microeconomics, Macroeconomics and Types of Economies: Economics – Introduction, Microeconomics; Macroeconomics, Types of Economies - Market, Command, and Mixed Economies.
   

2. Supply and Demand: Demand Schedule; Forces Behind Demand Curve; Shifts in Demand; Supply Schedule; Forces Behind Supply Curve; Shifts in Supply; Supply-Demand Equilibrium; Effects of Supply/Demand Shifts; Interpreting Changes in Price and Quantity.

3. Money Supply and Inflation: Money; Money Supply; Inflation; Causes of Inflation; Measures of Inflation.

4. Theories of Interest: Classical Theory of Rate of Interest; Keynes’ Liquidity Preference Theory of Rate of Interest; Money Demand Curve; Rate of Interest Determination; Money Market Equilibrium; Effect of Increased Money Supply; Shifts in Money Demand/Liquidity Preference Curve; Hicks-Hansen Synthesis – IS-LM Curve Model.

5. Business Cycles: Characteristics of a Business Cycle, Phases of a Business Cycle.

6. Monetary Policy and Fiscal Policy: Tools of Monetary Policy, how did Monetary Policy in India Respond to the Global Financial Crisis? Fiscal Policy, FRBM Act.
   

7. National Income and GDP Concepts: Computation, Utility.

8. Union Budget: Receipts, Expenditure, Plan Expenditure, Deficit Concepts.

Module C: Indian Financial Structure 

1. Indian Financial System – An Overview: Financial System; Phase I – Pre-1951; Phase II – 1951 to Mid-1980s; Phase III – Post-1990s; Narasimham Committee (1991) on Banking System; Banking Sector Reforms (1992–2008); Present Status of Banking System.
   

2. Indian Banking Structure: Functions, Development of Banking in India, Scheduled Commercial Banks- Types and functions, Local Area Banks, Regional Rural Banks, Cooperative Banks: Types, Payment Banks; Small Finance Banks; NBFCs, Key RBI Guidelines.

3. Banking Regulation Act, 1949 and RBI Act, 1934: 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.

4. Development Financial Institutions: Evolution of DFIs in India; Gaps in Post-Independence Financial System; Objectives and Classification of DFIs; Role of DFIs in Indian Economy; Changing Role of DFIs and Emergence of Universal Banks; IFCI; ICICI; IDBI; SIDBI; EXIM Bank; NABARD; NHB; NaBFID.

5. Micro Finance Institutions: Evolution of Microfinance in India; Grameen Bank Model; Microfinance Delivery; SHG-Bank Linkage Programme; Joint Liability Groups (JLGs); Regulatory Framework for MFIs; Bank Finance to MFIs under Priority Sector Lending; Regulatory Framework for Microfinance Loans – RBI Directions 2022; RBI Fair Practices Code for NBFC-MFIs.

6. Non-Banking Financial Companies: NBFC – Meaning; Evolution and Role in Inclusive Growth; NBFC Regulators; Classification and Types of NBFCs; RBI Regulatory Oversight; Owned Funds and Net Owned Funds (NOF); Bank Finance to NBFCs; Fair Practice Code; Ombudsman Scheme; Scale Based Regulation (SBR) – Revised Regulatory Framework for NBFCs.

7. Insurance Companies: 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.

8. Indian Financial System - Regulators & their roles: 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).

9. Reforms & Developments in the Banking sector: Bad Banks, Infrastructure financing, Formation/role of NaBFID-National Bank for Financing, Infrastructure & Development, Basic concepts on EASE.

Module D: Financial Products and service

1. Overview of Financial Markets: Financial Market – Meaning; Evolution; Segments; Functions; Price Discovery.

2. Money Markets and Capital Markets: Call, Notice and Term Money; Treasury Bills; Certificates of Deposit; Commercial Paper; Repo; Tri-Party Repo; Bill Rediscounting Scheme (BRDS); Long-Term Repo Operations (LTRO).

3. Fixed Income Markets - Debt / Bond Markets: Government Securities; Bond Valuation and Theorems; Auction of Government Securities; Primary Dealers; FIMMDA; RBI Retail Direct Scheme (RDS); Corporate Bond Market; Inter-Corporate Deposits.

4. Capital Markets and Stock Exchanges: Primary and Secondary Markets; Stock Exchanges in India; Financial Products/Instruments in Secondary Market; SEBI Regulatory Requirements for Corporate Debt Securities; Common Capital Market Terms; Types of Primary Market Capital Issues; Eligibility Norms for Capital Issues; Primary Market Issue Intermediaries; ASBA; QIP.

5. Forex Markets: Forex Market – Profile, Evolution in India and Characteristics; Market Participants; LIBOR and Alternate Reference Rates (ARRs); FEDAI; FEMA, 1999; FX-Retail Platform; US Dollar Index (USDX); ADR and GDR.

6. Interconnection of various markets/Market Dynamics: Financial Market Interconnectedness – Process, Reasons and Importance; Heterogeneity of Financial Markets; Market Integration in India; Levels of Market Integration; Asian Clearing Union; Benefits and Costs of Interconnectedness; Interconnectedness of Money, Credit, Capital and Forex Markets; Integrated Treasury Operations; Contagion Effect.

7. Merchant Banking Services: Merchant Banking – Definition, History and Development in India; Merchant vs Commercial Banking; Licensing Requirements; SEBI Regulations; Merchant Bank Activities; Key Policy Requirements and Codes of Conduct under SEBI Regulations.

8. Derivatives Market including Credit Default Swaps: Derivatives – Meaning, History and Market Size; Underlying Assets; Exchange-Traded and OTC Markets; Participants; Functions; Types; Forward Contracts; Futures; Options; Swaps; Credit Default Swaps (CDS); RBI Guidelines on CDS; ISDA Agreement and Derivatives Documentation.

9. Factoring, forfaiting & Trade Receivables Discounting System (TReDS): Factoring – Meaning, History and Types; Domestic and International Factoring; Bills Discounting vs Factoring; Factoring Fees and Advantages; Forfaiting – Meaning, Transaction Mechanism, Fees and Advantages; Factoring vs Forfaiting; TReDS – Meaning, Participants, Process Flow, Eligibility to Set Up and Operate.

10. Venture capital: Venture Capital – Concept and Evolution in India; Characteristics; Stages and Process of Financing; Regulatory Aspects of Venture Capital Funds; Modes of Financing; Advantages and Disadvantages; Exit Routes.

11. Leasing and Hire Purchase: Lease Finance, Evolution of Leasing in India, Types of Leasing, Advantages, Dis advantages 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.

12. Credit Rating agencies & their functions: 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.

13. Mutual Funds: Mutual Funds – Functions, Management, Evolution and Classification; Role and Supervision; New Fund Offer (NFO); Risks; Riskometer; NAV; Expense Ratio; Load/No-Load Funds; Investment Strategies; Role in Capital Market; Alternative Investment Funds.

14. Insurance Products: Insurance – Meaning and Fundamental Principles; Classification and Types of Insurance Business; Group Insurance; Micro Insurance; Insurance-Based Social Security Schemes; Bancassurance; Insurance Ombudsman Scheme; Government Business Products – PMJJBY, PMSBY.

15. Pension Funds (include APY, NPS): Pension System and Aspects; Pension Products; Types of Pension Schemes; Employees Provident Funds Scheme; PPF Scheme; Insurance Annuity Schemes; NPS; Atal Pension Yojana (APY).

16. Guidelines on Para Banking & Financial Services provided by Banks: 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.

17. Real Estate Investment Funds / Infrastructure Investment Fund (concept): Meaning, History, Organisation, Types, REITs vs Real Estate Mutual Funds, Advantages and Disadvantages, Real Estate Investment Modes, Taxation and Regulatory Guidelines. InvITs: Meaning, Organisation, Rationale, Activities in India, Types, Advantages and Disadvantages, Revenue Model and Taxation.

1. Banker-Customer Relationship: Requirements to be Called a Bank, Banker-Customer Relationship, Bank as a Trustee, Bailee-Bailor, Agent-Principal, Lessor-Lessee, Indemnifier-Indemnified, Deposit Products and Customer Services.

2. AML-KYC Guidelines: Money Laundering and Financing of Terrorism Risks, AML Framework, KYC Policy, Organisational Set-up, PMLA Obligations, Risk Management, International Agreements, FATF Identified Jurisdictions, Correspondent Banks, FATCA/CRS Reporting, Non-compliance and Secrecy Obligations.

3. Operational Aspects of KYC: KYC Norms, Wire Transfers, Other Regulations, CKYCR and Monitoring of Transactions.

4. Opening Accounts of Various Types of Customers: Personal Accounts, Accounts of Other Customers, Norms for Opening Current Accounts, Obtaining Photographs of Account Holders, Legal Entity Identifier.

5. Operational Aspects of Deposit Accounts: 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.

6. Operational Aspects of Handling Clearing/Collection/Cash: Cheque Truncation System (CTS), RBI Guidelines on Collection of Instruments, Cash and its Custody, Security Arrangements at Branches and ATMs.

7. Banker's Special Relationship: Mandate – Definition, Power of Attorney (POA) – Definition, Banker’s Lien, Right of Set-off, Right of Appropriation.

8. Foreign Exchange Remittance Facilities for Individuals: FEMA, Foreign Exchange, Inward and Outward Remittances, Indo-Nepal Remittance Scheme.

9. Operational Aspects of NRI Business: NRI/PIO Accounts, Foreign Nationals’ Accounts, SNRR Accounts, Remittance of Assets, Immovable Property, Repatriation and NRI/PIO Investments.

10. Foreign Currency Accounts for Residents and Other Aspects: Types of Accounts Permitted, Foreign Currency Accounts in India and Abroad, Remittance of Assets, Overseas Property and FCRA 2010.

11. Cash Management Services and its Importance: Developments, Importance, Types, Challenges and Issues.

12. Payment and Collection of Cheques and Other Negotiable Instruments: Negotiable Instruments Act, Payment in Due Course, Paying and Collecting Bank Duties, Endorsement, Crossing, Forged Instruments, Dishonour and CTS.

13. Responsibility of Paying Bank: Negotiable Instruments Act and Paying Bank's Liability of Paying Banker when Customer’sSignature on the Cheque is Forged; Payment to be in Due Course for Bank to See 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.

14. Responsibility of Collecting Bank: Statutory Protection and Duties of the Collecting Bank.

15. Ancillary Services: DDs, Banker’s Cheques, MT, TT, NEFT, RTGS, EBT, Mobile Banking, Digital Payments, Safe Deposit Lockers, Portfolio Management, Merchant Banking, Government Business and Service Charges.

16. Financial Inclusion & Financial Literacy: Extension of Banking Services, Mobile/Tablet Use, Financial Literacy and RSETI.

17. Customer Service Guidelines: 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.

18. Duties & Rights of a Banker and Customer Rights: Secrecy and Confidentiality, Reasonable Care, Garnishee/Attachment Orders, Bank’s Rights, Customer Awareness, Banking Codes and Customer Obligations.

19. Grievance Redressal & RBI Integrated Ombudsman Scheme 2021: Grievance Policy, Internal Complaint Mechanism and RBI Integrated Ombudsman Scheme.

20. Consumer Protection Act, 2019: Purpose, Definitions, Consumer Protection Councils, CCPA, Consumer Commissions, Jurisdiction, Complaints, Appeals, Mediation, Product Liability, Unfair Contracts and Data Protection.

21. Right to Information Act, 2005: Applicability, Definitions, RTI, Public Authorities, PIOs, Applications, Appeals, Information Commissions, Penalties and Overriding Effect.

1. Principles of Lending, Different Types of Borrowers, and Types of Credit Facilities: 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.

2. Appraisal and Assessment of Credit Facilities: Credit Appraisal, Credit Appraisal techniques, Methods of Assessment of Loans, Assessment of Working Capital, Assessment of Term Loan.

3. Operational Aspects of Loan Accounts: Interest Rates on Loans; Credit Management and Monitoring; Common Operational Terms; Loan Handling Process; Accounting Aspects of Loan Products; Operating Instructions and Manuals; Common Loan Products; Recovery Agents; Fair Practices Code for Lenders.

4. Types of Collaterals and their Characteristics: Effectiveness of Securities; Secured and Unsecured Loans; Types of Securities; Land and Buildings; Goods; Documents of Title to Goods; Life Insurance Policies; Shares; Debentures; Book Debts; Term Deposits; Gold Ornaments; Supply Bills; Vehicle Finance.

5. Different Modes of Charging Securities: Contract Essentials; Contract of Agency; Contract of Bailment; Types of Charges; Registration of Charges

6. Documentation: Types of Documents; Documentation Procedure.

7. Non-Performing Assets / Stressed Assets: Definition; Income Recognition; Gross Advances and Gross NPA; Net Advances and Net NPA; Asset Classification; Provisioning Norms; Writing Off NPAs; NPA Management; Resolution of Stressed Assets; Restructuring Norms.

8. Important Laws Relating to Recovery of Dues: Recovery of Debts and Bankruptcy Act, 1993; SARFAESI Act; Insolvency and Bankruptcy Code; Legal Services Authorities Act; Law of Limitation.

9. Contracts of Indemnity: Definition; Features of Indemnity and Guarantee; Rights of Indemnity Holder; Implied Indemnity; Enforceability; Scope and Application to Banks.

10. Contracts of Guarantee & Bank Guarantee: Parties to Contract; Contract Principles; Consideration; Surety’s Liability; Continuing Guarantee; Revocation; Death of Surety; Variance in Contract; Discharge of Principal Debtor; Forbearance to Sue; Surety’s Rights; Security; Co-Sureties; Bank Guarantees; Types; Issuance and Payment Precautions.

11. Letters of Credit: General Considerations; Parties; Types of Letters of Credit; Documents; UCPDC 600; Payment and Primary Obligations of Banks.

12. Deferred Payment Guarantee: Purpose of Deferred Payment Guarantee; Method of Payment.

13. Laws Relating to Bill Finance: Classes and Classification of Bills; Laws Governing Bills; Types of Bill Finance; Legal Position of Banker.

14. Credit Cards, Home Loans, Personal Loans, Consumer Loans: Credit Cards; Home Loans; Personal Loans; Consumer Loans.

15. Priority Sector Advances: Applicability; Targets and Sub-Targets; Priority Sector Categories; Non-Achievement of Targets; Common Lending Guidelines; Other Lending Modes; Related Aspects.

16. Agricultural Finance: Short-, Medium- and Long-Term Loans; Crop Loans; Kisan Credit Card (KCC); Agricultural Financing Activities; Minimum Support Prices; PMFBY.

17. Finance to MFIs / Co-Lending Arrangements with NBFCs: Background; NBFC Sources of Finance; Bank Finance to NBFCs; On-Lending; Loans to NBFC-MFIs; Government Scheme Channelising Agents; Bank-NBFC Co-Lending; Scale-Based Regulation (SBR).

18. Micro, Small and Medium Enterprises in India: MSME Objectives; MSMED Act; Credit/Finance Policy; Promotion and Development; Delayed Payments; TReDS; Performance and Credit Rating; Credit Guarantee Fund Scheme; Cluster-Based Financing; MSME Lending Guidelines.

19. Government Sponsored Schemes: DAY-NRLM; DAY-NULM; PMJDY; MUDRA Loans; Khadi and Village Industries Commission (KVIC).

20. Self-Help Groups: SHG Definition and Need; Formation of SHGs; SHGs under DAY-NRLM/DAY-NULM; SHG-Bank Linkage Programme.

1. Essentials of Bank Computerisation: Bank Computerisation; Networking Technologies in Banks; Uninterrupted Power Supply (UPS); Core Banking; Data Warehousing and Data Mining.

2. Operational Aspects of CBS Environment: CBS Functions; Transaction Flow in CBS; Accounting of CBS Transactions; EOD and BOD Operations; Password Control; Parameter/Master File; Logical Access Control; Security Controls in CBS; Bank’s Roles and Responsibilities under CBS.

3. Alternative Delivery Channels - Digital Banking: Alternate Delivery Channels; Automated Teller Machines (ATMs); Electromagnetic Cards; Electronic Banking; Customer Protection and Limiting Liability for Unauthorised Electronic Banking Transactions; Turn Around Time (TAT) and Customer Compensation for Failed Transactions through Authorised Payment Systems.

4. Data Communication Network and EFT Systems: Data Communication Networks; Network Scenario in India Major Networks; Emerging Communication Network Trends for Banking; Evolution of EFT Systems; Structured Message Transfer using SWIFT; Automated Clearing Systems; Two-Level Funds Transfer System; Electronic Payment Systems in India.

5. Digital Payment Systems - NPCI: Electronic Clearing Systems in India; National Payments Corporation of India (NPCI); Digital Initiatives by the Government of India

6. Impact of Technology Adoption and Trends in Banking: Technology Development Trends; Role and Uses of Technology Upgradation; Global Trends in Banking Systems; Impact of Information Technology on Banks; Emerging Technology Trends in Banking.

7. Security Considerations and Mitigation Measures in Banks: Risk Concern Areas; Types of Threats; Control Mechanisms; Computer Audit; Information System Audit (IS Audit); Information System Security (IS Security); Modus Operandi of Online Frauds; 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; RBI Integrated Ombudsman Scheme, 2021.

8. Operational Aspects of Cyber Crimes/Fraud Risk Management in Cyber Tech: Fraud vs Crime; Phases of an Effective Incident Response Plan.

9. Technology trends in Banking, e-RUPI, Fintech - RegTech, SupTech, Hashtag banking etc: e-RUPI; FinTech; RegTech; SupTech; Social Media Banking; Hashtag Banking; Account Aggregators; Open Banking

1. Ethics, Business Ethics & Banking: An Integrated Perspective: Values and Ethics; Ethics and Business Values; Business Ethics – Definition, Principles and Practice; Ethical Crisis; Is Business Ethics an Oxymoron? Ethical Foundations of Banking and Professionalism; Global Banking Ethics – Enron and Global Financial Crisis; Indian Banking Ethics – Satyam and Indian Bank Case Study.

2. Ethics at the Individual Level: Values, Norms and Beliefs; Core Values; Morality and Personal Values; Value Conflicts; Personal and Business Ethics; Individual Integrity and Responsibility; Golden Rule; Right and Wrong; Ethical Reasoning; Ethical Dilemmas; Ethical Decision-Making Framework.

3. Ethical Dimensions: Employees: Abuse of Official Position – Insider Trading, Proprietary Data and Bribes; Obligations to Third Parties; Job Discrimination; Sexual Harassment; Conflict of Interest; Fair Accounting Practices and Related Party Transactions; HRM Ethics; Representation and Work Environment; Employees as Ethics Ambassadors; Managers as Ethical Leaders.

4. Work Ethics and the Workplace: Work Ethics; Ethical Behaviour and Its Benefits; Recognising Ethical Workplaces; Unethical Behaviour – Causes and Remedies; Personal Business During Office Hours; Taking Credit for Others’ Work; Ethical Lapses and Organisational Culture; Ethics of a Banker; Whistleblowing in Banks; Whistleblowing Law in India.

5. Banking Ethics: Changing Dynamics: Ethics and Technology; Data Security and Privacy; Intellectual Property Rights; Patents and Proprietary Rights; Ethics of Information Security.

1. Definition, Scope, and Accounting Standards including Ind AS: Nature and Purpose of Accounting; Historical Perspective; New Accounting/Value System Accounting; Origins of Accounting Principles; Accounting Standards in India – Definition and Scope; US GAAP; IFRSs; GAAP vs IFRS; Transfer Pricing.

2. Basic Accountancy Procedures: Concepts of Accountancy; Going Concern; Entity Concept; Double Entry System; Principle of Conservatism; Revenue Recognition and Realisation; Accrual and Cash Basis.

3. Maintenance of Cah/Subsidiary Books and Ledger: Record Keeping Basics; Account Categories; Debit and Credit Concepts; Accounting and Columnar Accounting Mechanics; Journalising.

4. Bank Reconciliation Statement: Cash Book Transactions; Pass Book/Bank Statement Transactions; Pass Book vs Cash Book; Causes of Differences; Reconciliation; Preparation and Need for BRS; BRS from Cash Book and Pass Book Extracts; Adjusting Cash Book Balance; Advantages of BRS.

5. Trial Balance, Rectification of Errors and Adjusting & Closing Entries: Meaning, Features and Purpose of Trial Balance; Types and Preparation; Disagreement in Trial Balance; Classification and Location of Errors; Rectification of Errors; Suspense Account; Rectification After Books are Closed; Adjusting and Closing Entries.

6. Depreciation & its Accounting: Meaning, Causes, Need and Factors of Depreciation; Accounting Entries; Methods of Depreciation; Straight Line Method; Diminishing Balance/WDV Method; Advantages and Disadvantages of SLM and WDV; Units of Production Method; Sum-of-the-Years’-Digits Method; Fixed Asset Replacement; Sinking Fund; Amortisation of Intangible Assets.

7. Capital and Revenue Expenditure: Expenditure; Capital vs Revenue Expenditure; Receipts.

8. Bills of Exchange: Types of Credit Instruments; Bill Term and Due Date; Important Terms; Accounting Entries to be passed; Accommodation Bills; Bill Books.

9. Operational Aspects of Accounting Entries: Peculiar Features of Bank Accounting Systems; Accounting Systems of Different Banks; Illustrations.

10. Bank Office Functions/Handling Unreconciled Entries in Banks: Back Office Functions; Reconciliation Function; Reconciliation of Inter Branch/Inter-Office Entries.

11. Bank Audit & Inspection: Bank Audit; Risk-Based Internal Audit; Concurrent Audit; Internal Audit; Statutory Audit; Role of Audit and Inspection.

1. Balance Sheet Equation: Balance Sheet Equation, its computation.

2. Preparation of Final Accounts: Trial Balance, Adjustment Entries, Financial Statements from Trial Balance.

3. Company Accounts - I: Types of Companies, Partnership vs Limited Liability Company, Share Capital, Issue of Shares, General Illustrations, Non-voting Shares.

4. Company Accounts - II: Form of Balance Sheet, Impact of Ind AS on Financial Statements.

5. Cash Flow & Funds Flow: Cash Flow, Funds Flow Statement, Cash Flow Statement, Fund Flow and Cash Flow Analysis.

6. Final Accounts of Banking Companies: Bank Definition and Functions, Accounts and Audit Requirements, Bank Accounting Systems, Principal Books of Account, Bank Financial Statements, Accounting Treatment of Specific Items, Profit and Loss Account, P&L Items, Balance Sheet Items, Notes to Accounts, RBI Basel III Disclosures, Listed Banks, Ind AS Implementation.

7. Core Banking Systems and Computerised Accounting: Computerised Accounting: Meaning, Features, Terms, Manual vs Computerised Accounting, Advantages and Disadvantages, Accounting Software Functions and Market Software, Banking Computerisation: Scope and Experience, Core Banking Components, Information Security, Internet and World Wide Web in Banking

1. An Overview of Financial Management: Business Organisations, Financial Decision-Making, Objectives and Principles of Finance, Fundamental Principles of Finance, Modern Finance, Risk-Return Trade-off, Agency Problem, Business Ethics and Social Responsibility, Finance Function, Finance–Economics–Accounting Relationship, Emerging Role of Financial Managers in India.

2. Ratio Analysis: Meaning, Classification, Uses and Limitations of Accounting Ratios, Calculation and Interpretation, Users and Uses of Ratios.

3. Financial Mathematics - Calculation of Interest & Annuities: Simple and Compound Interest, Fixed and Floating Rates, Front-end and Back-end Interest, Interest Using Products/Balances, Annuities, Future and Present Value of Ordinary Annuity and Annuity Due, Debt Repayment.

4. Financial Mathematics - YTM: Debt and Bonds, Bond Terms and Types, Optionality, Bond Valuation, Semi-annual Interest, Current Yield, Yield-to-Maturity, Bond Value Theorems, Illustrations, Duration, Duration Properties, Bond Price Volatility, Problems and Solutions.

5. Finance Mathematics - Forex Arithmetic: Foreign Exchange Fundamentals, Indian Forex Market, Direct and Indirect Quotes, Exchange Rate Arithmetic, Forward Exchange Rates.

6. Capital Structure and Cost of Capital: Capital Structure, Leverage/Gearing, Capital Structure Factors and Theories, Net Income and Net Operating Income Approaches, Traditional Position, Assumptions, Taxation, Cost of Debt/Preference/Equity, Proportions, WACC, WACC Factors, Weighted Marginal Cost, Optimal Capital Budget, Divisional/Project Cost of Capital, Flotation Cost, Cost of Capital Misconceptions.

7. Capital Investment Decisions and Terms Loans: Discounted and Non-Discounted Cash Flow Methods for Investment Appraisal, Term Loan Concepts, Deferred Payment Guarantees, Project Financing, Term Loan Appraisal vs Project Appraisal.

8. Equipment Leasing/Lease Financing: Meaning, Features and Types of Leases, Leasing Rationale, Lease Agreement, Legal Aspects, Finance and Operating Leases, Lessor and Lessee Accounting, Leasing as a Financing Decision.

9. Working Capital Management: Working Capital Cycle, Cash and Marketable Securities, Accruals, Trade Credit, Bank Working Capital Advance by Commercial Banks, Cash Budget Lending Method, Bank Finance Regulation, Public Deposits, Inter-Corporate Deposits, Short-term Financial Institution Loans, Rights Debentures, Commercial Paper, Factoring and Forfaiting.

10. Derivatives: Characteristics and Functions, Users, Futures, Forward Rate Agreement (FRA), Swaps, Options.

1. Taxation: Income Tax, TDS and Deferred Tax: Income Tax Act Overview, Deductions for Certain Incomes including 80QQB, 80RRB, 80TTA and 80U, TDS/TCS, Returns, Refunds and Recovery.

2. Goods and Service Tax (GST): Direct and Indirect Tax, Introduction to GST.

3. An Overview of Cost & Management Accounting: Cost Accounting: Evolution, Meaning, Objectives, Scope, Cost Concepts, Classification and Elements, Cost Centre and Cost Unit, Costing Methods and Techniques, Cost Accounting Standards; Management Accounting: Evolution, Meaning, Objectives and Scope, Tools and Techniques, Relationship with Cost Accounting, Financial Accounting and Financial Management.

4. Costing Methods: Unit and Output Costing, Job Costing, Job Cost Cards, Direct Cost Collection, Overhead Allocation and Applications, Batch Costing: Features and Applications, Contract Costing: Features, Job vs Contract Costing, Progress Payments, Retention Money, Escalation Clause, Contract Accounts, Material and Plant Accounting, Contract Profit and Entries, Process Costing: Features, Applications and Types, Process Loss, Abnormal Gains and Losses, Equivalent Units, Inter-Process Profit, Joint Products and By-Products, Service Costing: Features and Applications, Unit and Multiple Costing, Cost Unit Identification, Cost Determination and Control.

5. Standard Costing: Definition, Significance and Applications, Types of Standards, Standard Costing for Material, Labour and Overheads, Material/Labour/Overhead Variance Analysis, Accounting Treatment of Variances, Benchmarking and Variance Reporting.

6. Marginal Costing: Meaning, Advantages, Limitations and Applications, Break-even Analysis, Cost-Volume-Profit Analysis, P/V Ratio and Significance, Margin of Safety, Absorption Costing, Profit Reporting and Stock Valuation, Marginal vs Absorption Costing, Income Measurement under Both Methods.

7. Budgets and Regulatory Control: Budget Concept, Manual, Fixed and Flexible Budgets, Preparation and Monitoring of Budgets, Budgetary Control System: Advantages, Limitations and Installation, Zero-Based Budgeting, Programme and Performance Budgeting.

1. Introduction: Characteristics, Advantages, Constraints, Evolution, Prerequisites for Success, Challenges. Future of Retail Banking.

2. Role within the Bank Operations: Business Models.

3. Applicability of Retail Banking Concepts and Retail vs Corporate/Wholesale Banking: Applicability of Retail Banking Concepts, Distinction between Retail and Corporate/Wholesale Banking.

4. Branch Profitability: Banking System and Banking in India, Profit and Profitability, Gross/Operating/Net Profit, Profitability in Banking, Traditional Profitability Measures, ROA, ROE, Branch Operating Efficiency, Strategies to Improve Banking Efficiency, Factors Affecting Bank Profitability in India, Branch Profitability Analysis, Steps to Improve Branch Profitability, Factors for Continuous Profitability Improvement.

1. Customer Requirements: Maslow’s Theory, Customer Requirements, Service Quality.

2. Product Development Process: Product Life Cycle, Banker’s Product Lines, Deposit/Liability Products, Credit/Asset Products, Other Products and Services, Fee-Based Third-Party Distribution, New Product Development, Development Stages, Constraints, Product Management, Product Policy.

3. Credit Scoring: Credit Score, Evolution, Good Credit Score, Scoring Model, Score Management, Positive Aspects, Warning Signs, Credit Information Companies in India, Issues, Mistakes and Troubleshooting.

4. Important Retail Liability Products: Demand Deposits; Current Accounts: Features, Advantages, Opening Documents and Process, Operations, Transfer, Inoperative and Closure; Savings Accounts: Benefits, Eligibility, Interest Deregulation, Balance and Interest Payment, Transaction Restrictions, Services; Time Deposits: Periodicity, Operations, FD Interest, Minor Accounts, Premature Payment, Operational Issues, Advances Against Own TDRs, Renewal, Overdue FD Rules, Forms 15G/15H, TDS Deposit by Banks; 2-in-1 Account; Recurring Deposit.

5. Important Retail Asset Products: Home Loans, PMAY Housing Loans, Home Improvement and Decor Loans, Auto/Vehicle Loans, Personal Loans, Education Loans, Other Retail Loans, Retail Loan Processing.

6. Credit and Debit Cards: Credit, Charge, Prepaid, Debit, Co-branded and Contactless Cards.

7. Remittance Products: Electronic Payment Systems, NEFT, RTGS, ECS, NACH, AePS, BBPS, Benchmarking India’s Payment System.

8. Digitisation of Retail Banking Products: Retail Banking Technology and Processes, User-Friendly Features, Customer Analytics, IDRBT, INFINET, SFMS, NFS, IBCC, Wealth Management Solutions, Digital Lending.

9. Role of AI and Technology in Retail Banking: Banking Technology Dimensions, Banking Today, Banking-Technology Relationship, Technology Evolution and New Era, Technology in India, Adoption Challenges, Retail Banking Technology and Benefits, AI, AI vs Automation, AI Evolution, AI Industry in India, AI in Indian Banking, Indian Banks and Technology, Need for AI, AI Benefits in Banking and Finance, AI in Retail Banking and India, AI Development Challenges, Benefits of AI in Retail Banking.

10. Recovery of Retail Loans: Repayment, Default and Re-scheduling, Loan Monitoring, Classification of Irregular Loan Accounts, Recovery Policy, Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act), DRT, Lok Adalat, Direct Recovery Agents.

11. Management Information Systems: MIS Elements, Role of MIS, Decision-Making, MIS in Banking, Bank MIS Design, MIS Issues and Solutions.

12. Securitization: Securitization of Assests.

• 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

• Tax Benefits in Respect of Housing Finance

• 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