JAIIB Syllabus and Exam Pattern 2026, Paper Wise Syllabus Topics

JAIIB Syllabus and Exam Pattern 2026; Indian Institute of Banking and Finance (IIBF) is responsible for conducting the JAIIB exam for banking and finance professionals to increase the knowledge of bankers and provide them with promotional benefits. The bankers looking forward to appearing in the JAIIB Exam this year must be aware of the JAIIB Syllabus 2026 to plan a strategy for exam preparation. The article below provides a detailed breakdown of the JAIIB Syllabus 2026, which includes subject-wise topics and exam pattern. 

JAIIB Syllabus and Exam Pattern 2026

Knowing the JAIIB Syllabus and Exam Pattern 2026 is the first thing a candidate should do while starting the preparation, which helps candidates to get information about the nature and types of questions that can be asked in the JAIIB Exam 2026. JAIIB Syllabus includes the topics from Indian Economy & Indian Financial System (IE & IFS), Principles & Practices of Banking (PPB), Accounting & Financial Management for Bankers, and Retail Banking & Wealth Management.

JAIIB Syllabus and Exam Pattern 2026

Organization Name	Indian Institute of Banking and Finance (IIBF)
Exam Name	JAIIB/DBF/SOB 2026
Course	Flagship
Eligibility	Members Only
Exam Conducted	Twice in a year
Mode of Examination	Online
Subjects	Indian Economy & Financial System (IE & IFS)Accounting & Financial Management of BankingPrinciples & Practices of Banking (PPB)Retail Banking & Wealth Management
Total Questions	400 (100 questions from each subject)
Total Marks	400
Time Duration	2 hours for each subject
Negative Marking	No
Qualifying Marks	50 out of 100
Official Website	http://www.iibf.org.in/

JAIIB Exam Pattern 2026

The JAIIB exam consists of 4 subjects, which are Indian Economy & Indian Financial System, Principles & Practices of Banking, Accounting & Financial Management for Bankers, and Retail Banking & Wealth Management, for which the exam is conducted on different dates.  There is no negative marking in the JAIIB CAIIB Exam 2026. The key point of the JAIIB Exam is as follows:

1. A total of 100 multiple-choice type questions will be asked in each subject.
2. No negative markings for wrong answers
3. The total duration is 2 hours
4. JAIIB Examination will be conducted in online mode only
5. Each subject holds 100 marks

Papers	Name of Paper	Total Questions	Total Marks	Duration
Paper-I	Indian Economy & Financial System (IE & IFS)	100	100	2 hours
Paper-II	Principles & Practices of Banking (PPB)	100	100	2 hours
Paper-III	Accounting & Financial Management of Banking	100	100	2 hours
Paper-IV	Retail Banking & Wealth Management	100	100	2 hours

IIBF JAIIB Exam Syllabus 2026

Candidates who are preparing for the JAIIB exam must study all the topics listed in the syllabus provided by the Indian Institute of Banking and Finance. The JAIIB exam comprises four papers, each further divided into four modules.

Paper I- Indian Economy & Indian Financial System

The JAIIB paper 1 (IE & IFS) consists of four Modules, these 4 Modules are as follows: Indian Economic and Architecture, Economic Concepts Related to Banking, Indian Financial Architecture, Financial Products and Services.

Module A: Indian Economic and Architecture
Topics	Sub- Topics
Indian Economy	Evolution of the Indian EconomyBasic Characteristics of the Indian EconomyIndian Economy in Pre-British periodEconomy till 2008 & after 2008Structural changes in Indian Economy
Economic Planning in India	Definition of Economic PlanningHistory of Economic PlanningObjectives of Economic PlanningTypes of PlanningAchievements of PlanningFinancial resources for 5-year plans
Sectors of the Indian Economy	Role & Importance of Primary, Secondary, Tertiary Sector, Quaternary & Quinary SectorsDifferent Revolutions in Primary sectorDifference between the sectorsGDP contribution of different sectors- Agriculture, Industry, ServicesEmployment growth rate in Secondary sectorSunrise Sector of Indian EconomyOrganized and Unorganized sectors
Role of Priority Sector and MSME in the Indian Economy	Definition & Role of Priority SectorList of Priority Sectors identified in IndiaPriority Sector Lending Norms Definition of MSMERole & Significance of MSME in economic developmentContribution of MSME in GDPRecent Initiatives in MSME sector viz., Atmanirbhar Bharat package, Make in India,Start-up India, Stand-up India etc
Infrastructure including Social Infrastructure	Infrastructure & Economic DevelopmentEnergy, Power, Transport system viz., Rail, Road Civil Aviation,Concept of Social Sector & Social InfrastructureHealth, Education, Family welfareDevelopment of Health Infrastructure
Globalisation – Impact on India	Globalisation and its AdvocacyGlobalisation and its Impact on IndiaFair Globalisation & the Need for Policy frameworkGlobalisation in reverse gear –The Threatened Re-emergence of Protectionism
Economic Reforms	A brief overviewTransformationEconomic Transformation – Real SectorEconomic Transformation – Financial SectorEconomic Transformation – Integration with the Global EconomyEconomic Reforms in India
Foreign Trade Policy, Foreign Investments and Economic Development	FTP – Structural Changes during 1990sFTP policy – 2015-2020Challenges to be addressed in upcoming FTP, FDIs, FIIs and Recent trendsEconomic development vs economic growthImportance of economic development as a dimension etc.
International Economic Organizations (World Bank, IMF etc.)	IMF and World BankWTO- India and WTORegional Economic Co-operationsRecent International Economic Issues
Climate change, Sustainable Development Goals (SDGs)	Core elements of Sustainable DevelopmentGlobal Issues and initiativesIndia’s progress in SDGs including Climate changeCSR Activities
Issues facing Indian Economy	Poverty AlleviationJobless growth Rising InequalitiesMigration and excessive pressure on resourcesPossible remediesPandemic situations

Module B – Economic Concepts Related to Banking Syllabus
Chapters	Topics
Fundamentals of Economics, Microeconomics,  Macroeconomics and Types of Economies	Economics – An IntroductionMicroeconomics and MacroeconomicsTypes of Economies, Market, CommandMixed Economies
Supply and Demand	The Demand ScheduleForces behind the Demand Curve, shifts in DemandThe Supply ScheduleForces behind the Supply Curve, shifts in SupplyEquilibrium of Supply and DemandEffect of a Shift in Supply or DemandInterpreting Changes in Price and Quantity
Money Supply and Inflation	What is MoneyMoney SupplyInflationCauses of InflationMeasures of Inflation
Theories of Interest	Classical Theory of Rate of InterestKeynes’ Liquidity Preference Theory of Rate of InterestMoney Demand CurveDetermination of Rate of Interest: Equilibrium in the Money MarketEffect of an Increase in the Money Supply, shifts in Money Demand or Liquidity Preference CurveHicks-Hansen Synthesis: IS-LM Curve Model
Business Cycles	Characteristics of a Business CyclePhases of a Business Cycle
Monetary Policy and Fiscal Policy	Tools of Monetary PolicyHow did Monetary Policy in India Respond to the Global Financial Crisis?Fiscal PolicyFRBM Act
National Income and GDP Concepts	ComputationUtility
Union Budget	ReceiptsExpenditurePlan ExpenditureDeficit Concepts

Module C – Indian Financial Architecture Syllabus
Chapters	Topics
Indian Financial System – An Overview	What is a Financial System?Phase I: Pre-1951 organisationPhase II: 1951 to Mid-eighties organisationPhase III: Post-Nineties OrganisationNarasimham Committee (1991) on the banking system in IndiaReform of the Banking sector (1992-2008)Present Status of Banking System
Indian Banking Structure	FunctionsDevelopment of Banking in IndiaScheduled Commercial Banks- Types and functionsLocal Area BanksRegional Rural BanksCooperative Banks: Types, Payment Banks and Small Finance Banks, NBFCsKey RBI Guidelines
Banking Regulation Act, 1949 and RBI Act, 1934	Background of EnactmentPART-I Reserve Bank of India Act, 1934: Chapter I to Chapter V, Schedules to the RBI Act, 1934PART-II Banking Regulations Act, 1949Background and Structure of the Banking Regulation Act: Section 1 to Section 56
Development Financial Institutions	Evolution of Development Financial Institutions in IndiaGaps in the Post-Independence Financial SystemObjectives of Development Financial InstitutionsClassification of DFIsRole of DFIs in the Indian EconomyChanging Role of DFIs and the Emergence of Universal BanksIndustrial 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).
Micro Finance Institutions	Evolution of Microfinance in IndiaGrameen Bank ModelDelivery of MicrofinanceSHG-Bank Linkage programmeJoint Liability Groups (JLGs)Regulatory Framework for Microfinance InstitutionsInclusion of Bank Finance to Microfinance Institutions in Priority Sector LendingRegulatory Framework
Non-Banking Financial Companies	What is a Non- Banking Financial Company (NBFC)?Evolution of NBFCs in IndiaRole of NBFC in Promoting Inclusive Growth of IndiaRegulators of NBFCsClassification of NBFCsRegulatory Oversight by RBI on NBFCsTypes of NBFCsConcept of Owned Funds and Net Owned Funds (NOF) for NBFCsBank Finance to NBFCsFair Practice Code for NBFCsApplicability of Ombudsman Scheme to NBFCsScale Based Regulation (SBR): A Revised Regulatory Framework for NBFCs.
Insurance Companies	History and Development of InsurancePrivatisation and Foreign Direct Investment (FDI) in Insurance SectorInsurance Business Globally and in India. Insurance Penetration and DensityNumber of Insurance Companies Operating in IndiaLegislations Governing Operation of Insurance CompaniesInsurance IntermediariesReinsuranceInsurance Repository’s-Insurance Account
Indian Financial System – Regulators & their roles	Role of Financial Sector Regulators in an EconomyReserve 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)
Reforms & Developments in the Banking sector	Bad Banks, Infrastructure financingFormation/role of NaBFID-National Bank for FinancingInfrastructure & DevelopmentBasic concepts on EASE

Module D- Financial Products and Services Syllabus
Chapters	Topics
Overview of Financial Markets	What is a Financial Market?Evolution of the Financial MarketSegments of Financial MarketsFunctions of Financial MarketsPrice Discovery
Money Markets and Capital Markets	Call MoneyNotice Money and Term MoneyTreasury BillsCertificates of DepositCommercial PaperRepo, Tri-Party RepoBill Rediscounting Scheme (BRDS)Long-Term Repo Operations (LTRO).
Fixed Income Markets – Debt / Bond Markets	Government SecuritiesBond Valuation and TheoremsAuction of Government SecuritiesPrimary DealersFixed Income Money Market and Derivatives Association of India (FIMMDA)RBI Retail Direct Scheme (RDS)Corporate Bond Market, Inter-Corporate Deposits
Capital Markets and Stock Exchanges	Primary Market, Secondary Market Stock Exchanges in IndiaFinancial Products/InstrumentsDealt with in the Secondary MarketRegulatory Requirements Specified by SEBI for Corporate Debt SecuritiesCommonly Used Terms in the Capital MarketTypes of Capital Issues in the Primary MarketEligibility Norms for Making Capital IssuesIntermediaries in an Issue in the Primary MarketApplications Supported by Blocked Amount (ASBA) Qualified Institutional Placement (QIP)
Forex Markets	Profile of Foreign Exchange (Forex) MarketEvolution of the Forex Market in IndiaCharacteristics of the Forex Market, Market ParticipantsLIBOR and Alternate Reference Rates (ARRs), Foreign Exchange Dealers Association of India (FEDAI)Foreign Exchange Management Act (FEMA), 1999FX-Retail PlatformUS Dollar Index (USDX)American Depository Receipt (ADR)Global Depository Receipt (GDR).
Interconnection of various markets/Market Dynamics	Process of Interconnectedness of Financial MarketsReasons for interconnectednessImportance of Interconnectedness of Financial MarketsHeterogeneity of Financial MarketsAchievement of Market Integration in IndiaDifferent Levels of Market IntegrationAsian Clearing UnionBenefits and Costs of Interconnectedness of MarketsInterconnectedness of the Money MarketInterconnectedness of the Credit MarketInterconnectedness of the Capital MarketInterconnectedness of the Forex MarketIntegrated Treasury OperationsContagion Effect
Merchant Banking Services	Definition of Merchant BankingHistorical BackgroundDevelopment of Merchant Banking in IndiaMerchant Banking Vs Commercial BankingLicensing RequirementsSEBI Regulations on Merchant BankingActivities of Merchant BanksKey Policy Requirements as per SEBI RegulationsKey Codes of Conduct as per SEBI Regulations
Derivatives Market including Credit Default Swaps	What is a Derivative?History of DerivativesSize of the Derivatives MarketUnderlying AssetsExchange Traded and Over-the-Counter MarketsParticipants in the Derivatives MarketFunctions of DerivativesTypes of DerivativesForward ContractsFuturesOptionsSwapsCredit Default Swaps (CDS)RBI guidelines on Credit Default SwapsDocumentation for Derivatives – ISDA Agreement
Factoring, forfaiting & Trade Receivables Discounting System (TReDS)	What is Factoring?History of FactoringTypes of factoringDomestic FactoringInternational FactoringBills Discounting vs FactoringFees Involved in FactoringAdvantages of FactoringWhat is Forfaiting?Mechanism of a Forfaiting TransactionFees Involved in ForfaitingAdvantages of ForfaitingDifferences between Factoring and ForfaitingWhat is TReDS?Participants under TReDSProcess Flow under TReDSEligibility Criteria to Set Up and Operate TReDS
Venture capital	Concept of Venture CapitalEvolution of Venture Capital in IndiaCharacteristics of VentureCapital FinanceStages of Venture Capital FinancingProcess of Venture Capital FinancingRegulatory Aspects of Venture Capital FundsModes of Venture Capital FinancingAdvantages and Disadvantages of Venture Capital FinancingExit Routes for Venture Capital Finance
Leasing and Hire Purchase	Lease FinanceEvolution of Leasing in IndiaTypes of LeasingAdvantages and Disadvantages of Lease FinanceMarket Share of Various Leased Asset ClassesImpact of Leasing on Financial RatiosLegal Aspects of LeasingRegulatory Aspects of Leasing ActivitiesHire PurchaseEvolution of Hire Purchase in IndiaLegal Aspects of Hire PurchaseParties to a Hire Purchase ContractLeasing and Hire Purchase Compared
Credit Rating agencies & their functions	What is Credit Rating?Credit Rating Agencies (CRAs)History of Credit RatingCharacteristics of Credit RatingImportance of Credit RatingBenefits of Credit RatingFactors Considered while Rating Companies/InstrumentsProcess of Credit RatingCredit Rating SymbolsRatings OutlookRegulations for CRAs in IndiaFees for Credit RatingWhat is Credit Scoring?Credit Information Companies (CICs) in IndiaMembership to CICs,Regulatory Guidelines Governing CICsCredit ScoresDifference Between Credit Ratings and Credit Scores.
Mutual Funds	Mutual Funds and their FunctionsManagement of Mutual FundsEvolution of Mutual Funds,Classification of Mutual FundsRole of Mutual FundsSupervision of Mutual FundsNew Fund OfferRisks Associated with Mutual FundsRisk Depiction – RiskometerNet Asset Value (NAV)Expenses RatioLoad/No-Load FundsStrategies for Investment in Mutual FundsRole of Mutual Funds in the Capital MarketAlternative Investment Funds.
Insurance Products	What is Insurance?Fundamental Principles Governing Insurance ProductsClassification of InsuranceTypes of Insurance BusinessGroup Insurance SchemesMicro Insurance,Insurance Based Social Security SchemesBancassuranceInsurance Ombudsman SchemeGovernment Business Products (Social Security Schemes like PMJJBY, PMSBY).
Pension Funds (include APY, NPS)	Pension System and its AspectsPension ProductsDifferent Types of Pension Schemes,Employees Provident Funds SchemePublic Provident Fund (PPF) SchemeInsurance Annuity SchemesNational Pension Scheme (NPS)Atal Pension Yojana (APY).
Guidelines on Para Banking & Financial Services provided by Banks	Types of Para Banking and Financial Services provided by BanksOrganisation of Para Banking and Financial Services Activities by a BankPara-Banking and Financial Services Undertaken by a BankDisclosure of Commissions/Remunerations earned from Para BankingFinancial Services Activities
Real Estate Investment Funds / Infrastructure Investment Fund (concept)	What are Real Estate Investment Trusts (REITs)History of REITsOrganisation of REITs,Types of REITsDifference Between REITs and Real Estate Mutual FundsAdvantages andDisadvantages of Investing in REITsComparison of Various Modes of Investment in RealEstate, Taxation Guidelines for Investors of REITsRegulatory Guidelines for REITs. What areInfrastructure Investment Trusts (InvITs)Organisation of InvITs, Rationale of Setting upInvITs, Activity of InvITs in India, Types of InvITsAdvantages and Disadvantages of InvITs,InvIT’s Revenue ModelTaxation on Investments in Inv ITs

JAIIB Paper 2- Principles  & Practices of Banking Syllabus

The paper 2 (JAIIB PPB) Principles  & Practices of Banking consists of four Modules, these 4 Modules are as follows:

1. Module A- General Banking Operations
2. Module B- Functions of banks
3. Module C- Banking Technology
4. Module D- Ethics in Banks and Financial Institutions

The detailed syllabus of all four Modules is given below:

Module A- General Banking Operations
Chapters	Topics
Banker-Customer Relationship	Requirements to be Called a BankBanker-Customer RelationshipBank as a TrusteeBaileeBailor RelationshipAgent-Principal RelationshipLessor and LesseeIndemnifier and IndemnifiedDifferent Deposit Products or ServicesServices to Customers and Investors
AML-KYC Guidelines	Money Laundering & Financing of Terrorism RisksAML Framework in IndiaKnow Your Customer PolicyOrganisational Set-up for AMLObligations under PMLARisk Management,Obligations under International AgreementsFATF Identified JurisdictionsCorrespondent BanksReporting Under FATCA/ CRSReporting ObligationsImplications of Non-compliance of PMLA ObligationsSecrecy Obligations
Operational Aspects of KYC	Know Your Customers (KYC) NormsWire Transfers, Other Operations – RegulationsCentralKYC Records Registry (CKYCR)Monitoring of Transactions
Opening Accounts of Various Types of Customers	Personal AccountsAccounts of Other CustomersNorms for Opening Current Accounts,Obtaining Photographs of Account HoldersLegal Entity Identifier
Operational Aspects of Deposit Accounts	Salient Feature of Deposit AccountsInterest on Deposit AccountsProhibitions & Exemptions,Inoperative Accounts & Unclaimed DepositsOperational Instructions in Joint Accounts,Nomination FacilityOther Operational GuidelinesAttachment OrdersProcedure for Submission of Records to Statutory Authorities
Operational Aspects of Handling Clearing/Collection/Cash	Cheque Truncation System (CTS)RBI Guidelines on Collection of InstrumentsCash and its CustodySecurity Arrangements at Branches and ATMs
Banker’s Special Relationship	Mandate – DefinitionPower of Attorney (POA) – DefinitionBanker’s LienRight of Set-offRight of Appropriation
Foreign Exchange Remittance Facilities for Individuals	Evolution of FEMADefinitionsBringing in and Taking out Foreign ExchangeInward RemittancesOutward RemittancesIndo – Nepal Remittance Scheme
Operational Aspects of NRI Business	Permitted Accounts in India for NRIs and PIOsAccounts in India of Foreign Nationals Visiting IndiaSpecial Non-Resident Rupee Account – SNRR AccountRemittance of Assets Held by NRIs/ PIOsAcquisition and Transfer of Immovable Property in India by a Non-Resident Indian (NRI)Creation of Charge on Immovable Property in IndiaRepatriation of Income and SaleProceeds of Assets Held Abroad by NRIsInvestments by NRIs/ PIOs
Foreign Currency Accounts for Residents and Other Aspects	Types of Accounts PermittedForeign Currency Denominated Accounts in IndiaPermitted Foreign Currency Accounts Outside IndiaRemittance of Assets by Foreign Nationals not Being PIOsModes of Acquiring Property Outside India by a ResidentForeign Contribution (Regulation) Act 2010
Cash Management Services and Its Importance	Developments in CMSImportance of Cash Management SystemTypes of Cash Management ServicesChallenges and Issues
Payment and Collection of Cheques and Other Negotiable Instruments	Negotiable Instruments ActPayment of a ChequePayment in due course – Section 10,Liability of the Paying Bank – Section 31Collection of Cheques – Duties of a Collecting Bank,Endorsement of ChequesCrossing of ChequesForged Instruments, Bouncing (Dishonour) of ChequesCheque Truncation System
Responsibility of Paying Bank	Negotiable Instruments Act and Paying BanksLiability of Paying Banker when Customer’sSignature on the Cheque is ForgedPayment to be in Due Course for Bank to Seek ProtectionPayment in Good Faith without Negligence of an Instrument on which Alteration is not ApparentPayment by Bank Under Mistake Whether RecoverableCheque Truncation
Responsibility of Collecting Bank	Statutory Protection to Collecting BankDuties of the Collecting Bank
Ancillary Services	Remittances: IntroductionDemand 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) SchemeMobile Banking in India, Electronic/Digital PaymentsSafe Deposit LockersPortfolio Management ServicesMerchant BankingGovernment BusinessLevying of Service Charges
Financial Inclusion & Financial Literacy	Financial Inclusion by Extension of Banking ServicesUse of Mobiles/Tablets in Financial Inclusion DriveFinancial LiteracyRural Self Employment Training Institutes (RSETI)
Customer Service Guidelines	Customer Service in BanksPolicy for General Management of the BranchesATM OperationsSecurity Issues and Risk Mitigation MeasuresService at the Counters,Information to the CustomersSpecial Arrangements at BranchesOther Provisions
Duties & Rights of a Banker and Customer Rights	Duty of Secrecy & ConfidentialityDuty of Reasonable CareGarnishee or Attachment Order,Bank’s RightsCustomer AwarenessBanking Codes and Standards Board of India,Obligations on the Customer
Grievance Redressal & RBI Integrated Ombudsman Scheme 2021	Model Policy on Grievance RedressalInternal Machinery to Handle Customer Complaints/GrievancesThe RBI – Integrated Ombudsman Scheme
The Consumer Protection Act, 2019: Preamble, Extent and Definitions	Purpose of The ActPreamble and ExtentAct not Overriding on Any Other LawSalient New Aspects of CPA 2019DefinitionsVarious Fora Consumer Protection CouncilsCentral Consumer Protection AuthorityConsumer Disputes Redressal CommissionsJurisdictions of CommissionsComplaints to District CommissionsComplaints to State Commissions/ National CommissionAppeals Against Orders of District/ State CommissionOther Aspects,Mediation ProcessProduct LiabilityUnfair ContractsData Protection
The Right to Information Act, 2005	ApplicabilityDefinitionsRight to InformationObligations of Public AuthoritiesDesignation of Public Information OfficersProcedure for Obtaining InformationDisposal of RequestAppeal, Orders in AppealCentral Information CommissionState Information CommissionPenaltiesAct to Have Overriding Effect
Module B – Functions of Banks
Banker Customer Relationship	Types; Different Deposit Products & ServicesServices to Customers & Investors
KYC/ AML/ CFT norms	PMLA ActKYC Norms
Bankers’ Special Relationship	Mandate; POAGarnishee OrdersBanker’s Lien
Consumer Protection – COPRA, Banking Ombudsman Scheme	Operational Aspects of COPRA Act & Banking Ombudsman Scheme
Payment and Collection of Cheques and Other Negotiable Instruments	NI Act; Role & Duties of Paying & Collecting BanksEndorsements; Forged InstrumentsBouncing of ChequesIts ImplicationsReturn of ChequesCheque Truncation System
Opening accounts of various types of customers	Operational Aspects of opening and Maintaining Accounts of Different Types of Customers including AadhaarSB Rate Deregulation
Ancillary Services	RemittancesSafe Deposit LockersGovt. BusinessEBT
Cash Operations	Cash Management Services and its Importance
Principles of Lending, Working Capital Assessment and Credit Monitoring	Cardinal PrinciplesNon-fund Based LimitsWCTerm LoansCredit Appraisal TechniquesSources of WC Funds & its EstimationOperating CycleProjected Net WCTurnover MethodCash BudgetCredit Monitoring & Its ManagementBase Rate
Priority Sector Advances	Targets; Sub-TargetsRecent Developments
Agricultural Finance	Types of Agricultural LoansRisk Mitigation in agriculture (NAIS, MSP, etc.)
Micro, Small, and Medium Enterprises	MSMED Act, 2006 Policy Package for MSMEsPerformance and Credit Rating SchemeLatest Developments
Government Sponsored Schemes	SGSY, SJSRY, PMRY, SLRS
Self Help Groups	Need for & Functions of SHGsRole of NGOs in Indirect Finance to SHGsSHGs & SGSY Scheme; Capacity Building
Cards, Home Loans, Personal Loans, Consumer Loans	Operational Aspects, Advantages, Disadvantages & Guidelines of Credit CardsProcedure and Practices for Home Loans, Personal Loans and Consumer Loans
Documentation	Types of Documents; ProcedureStampingSecuritization
Different Modes of Charging Securities	Assignment; Lien; Set-off; HypothecationPledge; Mortgage
Types of collaterals and their characteristics	Land & Buildings; GoodsDocuments of Title to GoodsAdvances against Insurance Policies, Shares, Book Debts, Term Deposits, Gold, etc.Supply Bills
Non-Performing Assets	Definition; Income RecognitionAsset ClassificationProvisioning Norms; CDRFinancial Inclusion BC; BFRole of ICT in Financial Inclusion, Mobile-based transactions, RSETI
Financial Literacy	Importance of financial literacyCustomer awareness
Module C – Banking Technology
Essentials of Bank Computerization	Computer Systems; LANs; WANsUPS; Core Banking
Payment Systems and Electronic Banking	ATMs; HWAK; PINElectromagnetic CardsElectronic BankingSignature Storage & Retrieval SystemCTS; Note & Coin Counting MachinesMicrofiche; NPC; RUPAY
Data Communication Network and EFT systems	Components & Modes of TransmissionMajor Networks in IndiaEmerging Trends in Communication Networks for BankingEvolution of EFT System; SWIFTAutomated Clearing SystemsFunds Transfer Systems; Recent Developments in India
Role of Technology Upgradation and its impact on Banks	Trends in Technology DevelopmentsRole & Uses of Technology Upgradation; Global TrendsImpact of IT on Banks
Security Considerations	Risk Concern AreasTypes of ThreatsControl MechanismComputer AuditIS Security; IS AuditEvaluation Requirements
Overview of IT Act	Gopalakrishna Committee Recommendations
Preventive Vigilance in Electronic Banking	Phishing; Customer EducationSafety Checks; Precautions
Module D – Ethics in Banks and Financial Institutions
Ethics, Business Ethics & Banking: An Integrated Perspective	Business EthicsEthical FoundationBanking Ethics in Global and Indian Contexts
Ethics at the Individual Level	ValuesNormsBeliefsMoralityConflictIntegrityGolden RuleDilemmasDecision-Making
Ethical Dimensions: Employees	Obligation to Bank/ Third Parties, Abuse of Official PositionSexual Harassment, Conflict of InterestFair Accounting Practices, HRM EthicsEmployees as Ethics Ambassadors & Managers as Ethical Leaders
Work Ethics and the Workplace	Work Ethics, Benefits of Ethical BehaviorUnethical Behavior: Causes and RemediesCode of Ethics Manual, Whistleblowing in BanksWhistleblowing Laws in India
Banking Ethics: Changing Dynamics	Ethics and Technology, Data Security and PrivacyIntellectual Property Rights, Patents, and Proprietary RightsEthics of Information SecurityCyber Threats, Digital Rights Management

JAIIB Paper 3- Accounting and Financial Management for Bankers

Paper 3 consists of four Modules, and these are as follows:

1. Module A- Accounting Principles and Processes
2. Module B- Financial Statement and Core Banking Systems
3. Module C- Financial Management
4. Module D- Taxation and Fundamentals of Costing

The detailed syllabus of all four Modules of Paper 3 is mentioned below:

Module A- Business Mathematics and Finance
Subjects	Topics
Definition, Scope and Accounting Standards including Ind AS	Nature and Purpose of AccountingHistorical PerspectivesNew Accounting system / Value system accounting Origins of Accounting PrinciplesAccounting Standards in India and its Definition and ScopeGenerally Accepted Accounting Principles of USA (US GAAP),Overview of IFRSsDifference between GAAP and IFRSTransfer Pricing
Basic Accountancy Procedures	Concepts of AccountancyGoing Concern EntityDouble Entry SystemPrinciple of ConservatismRevenue Recognition and RealisationAccrual and Cash Basis
Maintenance of Cash/Subsidiary Books and Ledger	Record Keeping BasicsAccount CategoriesDebit and Credit ConceptsAccounting andColumnar Accounting MechanicsJournalising
Bank Reconciliation Statement	Recording Transactions in Cash BookTransactions Contained in the Pass Book/Bank StatementIs Passbook a Mirror Image of Cash Book?Causes for Passbook and Cashbook being differentUnderstanding ReconciliationPreparing Reconciliation StatementNeed for Bank ReconciliationHow to prepare a Bank Reconciliation Statement when extracts of Cash Book and Pass Book are given?Adjusting the Cash Book balanceAdvantages of Bank Reconciliation Statement
Trial Balance, Rectification of Errors and Adjusting & Closing Entries	Meaning of a Trial BalanceFeatures and Purpose of a Trial BalanceTypes of Trial Balance and Preparation of a Trial BalanceDisagreement of a Trial BalanceClassification of Errors,Location of ErrorsRectification of ErrorsSuspense Account and RectificationRectification of Errors when Books are ClosedAdjusting and Closing Entries
Depreciation & its Accounting	Meaning of DepreciationCauses of DepreciationNeed for DepreciationFactors of DepreciationAccounting EntriesMethods of DepreciationStraight Line MethodDiminishing Balance or Written Down Value (WDV) MethodAdvantages and Disadvantages of Straight Line MethodAdvantages and Disadvantages of Written Down Value MethodUnits of Production MethodSum of the Years’ Digits MethodReplacement of a Fixed Asset and Creation of Sinking FundAmortisation of intangible assets
Capital and Revenue Expenditure	ExpenditureDistinction between Capital and Revenue ExpenditureReceipts
Bills of Exchange	Types of Instruments of Credit,Term and Due Date of a BillCertain Important Terms,Accounting Entries to be PassedAccommodation BillBill Books
Operational Aspects of Accounting Entries	Peculiar Features of Accounting System in BanksAccounting Systems of Different BanksIllustration
Back Office Functions/Handling Unreconciled Entries in Banks	Functions Performed by the Back OfficeReconciliation Function in BanksReconciliation of Inter Branch/ Office Entries
Bank Audit & Inspection	Bank AuditEmergence of Risk based Internal AuditTypes of Bank Audits Viz. ConcurrentAuditInternal AuditStatutory AuditRole of Audit and Inspection
Module B –  Financial Statement and Core Banking Systems
Balance Sheet Equation	Balance Sheet EquationComputation of Balance Sheet Equation
Preparation of Final Accounts	Preparation of Trial BalanceAdjustment EntriesPreparation of Financial Statements from Trial Balance
Company Accounts – I	Definition and Types of CompaniesDistinction between Partnership and Limited Liability CompanyClasses of Share CapitalIssue of SharesGeneral IllustrationsNon-voting Shares
Company Accounts – II	Form of Balance Sheet, Impact of Ind AS on Financial Statements
Cash Flow & Funds Flow	Cash Flow, Funds Flow Statement, Cash Flow Statement, Fund Flow and Cash Flow Analysis
Final Accounts of Banking Companies	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)
Core Banking Systems & Accounting in Computerised Environment	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 Softwares Available in the Market,Computerisation – Scope and Experiences in Banking,The Core Banking Components, Information Security, Internet and World Wide Web – Influences on Banking
Module C – Financial Management
An Overview of Financial Management	Forms of Business Organisation, Financial Decision making in a Firm, Objectives of FinancialManagement, 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
Ratio Analysis	Meaning of Accounting Ratios,Classification of Ratios,Uses of Accounting Ratios,Limitationsof Accounting Ratios,Calculation and Interpretation of Various Ratios,Different Users and and Their Use of Ratios
Financial Mathematics – Calculation of Interest & Annuities	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
Financial Mathematics – Calculation of YTM	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
Financial Mathematics – Forex Arithmetic	Fundamentals of Foreign Exchange, Indian Forex Market, Direct and Indirect Quote,Some Basic Exchange Rate Arithmetic, Forward Exchange Rates
Capital Structure and Cost of Capital	Meaning of Capital Structuring, Leverage/Gearing,Factors Influencing Decision on CapitalStructuring, 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
Capital Investment Decisions/Term Loans	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
Equipment Leasing/Lease Financing	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 Transaction in the books of Lessor and Lessee,Leasing as a Financing Decision
Working Capital Management	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 FinancialInstitutions,Rights Debentures for Working Capital,Commercial Paper,Factoring & Forfaiting
Derivatives	Characteristics & Functions of Derivatives,Users of derivatives,Futures, Forward RateAgreement (FRA), Swaps, Options
Module D – Taxation and Fundamental of Costing
Taxation: Income Tax/TDS/Deferred Tax	Overview of Income Tax Act,Basic Overview of Deductions in Respect of Certain Incomes & Deduction 80QQB, 80RRB, 80TTA & 80U, TDS/TCS,Returns, Refund & Recovery
Goods & Services Tax	Meaning of Direct & Indirect Tax,Introduction to GST
An Overview of Cost & Management Accounting	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 ScopeTools and Techniques of Management Accounting, Relationship of Cost Accounting,Financial Accounting, Management Accounting and Financial Management
Costing Methods	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, ServiceCosting: Features and Applications, Unit Costing and Multiple Costing, Application,Identification of Cost Unit and Cost Determination and Control
Standard Costing	Definition, Significance and Applications, Various Types of Standards, Installation of StandardCosting 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
Marginal Costing	Meaning, Advantages, Limitations and Applications, Breakeven Analysis,Cost-Volume Profit Analysis, P/V Ratio and its Significance, Margin of Safety, AbsorptionCosting: System of Profit Reporting and Stock Valuation,Difference between Marginal Costing and Absorption Costing,Income Measurement under Marginal Costing and Absorption Costing
Budgets and Budgetary Control	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

JAIIB Paper 4- Retail Banking and Wealth Management

The paper-4, Retail Banking and Wealth Management, consists of four Modules, which are as follows:

1. Module A- Retail Banking
2. Module B- Retail Products and Recovery
3. Module C- Support Services – Marketing of Banking Services/Products
4. Module D- Wealth Management

The detailed syllabus of all four Modules is given below: 

Module A- Retail Banking
Subjects	Topics
Retail Banking: Introduction	Characteristics of Retail Banking; Advantages of Retail Banking;Constraints in Retail Banking;Evolution of Retail Banking; Prerequisite for Success of Retail Banking;Challenges for Retail Banking Future of Retail Banking
Retail Banking: Role within the Bank Operations	Business Models
Applicability of Retail Banking Concepts and Distinction between  Retail and Corporate/Wholesale Banking	Applicability of Retail Banking Concepts;Distinction between Retail and Corporate/ Wholesale Banking
Branch Profitability	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 Asset);Return on Equity (ROE) for Banks;Branch Operating Efficiency;Strategies for Improving Efficiencies of BankingOperations; Factors Affecting Profitability of Banks in India;Profitability Analysis of BankBranches; Steps to Improve Branch Profitability;Essential Factors to Make ContinuousImprovement in Profitability
Module B- Retail Products and Recovery
Customer Requirements	Maslow’s Theory and Customer Requirements;Customer Requirements about Service Quality
Product Development Process	Product Development Process; Product Life Cycle;Product Lines of a Banker; DepositProducts 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
Credit Scoring	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
Important Retail Liability Products	Demand Deposits : An Introduction; Current Deposit:An Introduction; Main features of Current Deposit Account;Advantage of Current Deposit Account;Documents required for opening various types of Current Accounts;Opening of Current Account; Operational Instructions in Current Account;Transfer of Accounts; Inoperative Accounts;Closure of Current Account; Savings Bank Account: An Introduction;Advantages and Importance of Savings Bank Deposits to Customers;Who Can Open a Savings Bank Account?;Deregulation of interest in Savings Deposit Account;Maintenance of Balance in Savings Bank Account and Interest Payment;Restrictions on Transactions in SB Account; Services offered in Savings BankAccounts; Time Deposit – An Introduction;Periodicity of Time Deposit; Operational instructions;Interest on Fixed Deposit; Term Deposit accounts of minors;Premature Payment of FD; Operational Issues of FD;Advances Against Bank’s own Time Deposit Receipts; Renewal of FD;Recent Rule of RBI on overdue FD; Form 15 G/ 15 H;Deposit of TDS to Income Tax Department by Banks; 2 in 1 Account; Recurring Deposit (RD)
Important Retail Asset Products	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 and Debit Cards	Credit Cards; Charge Cards;Pre-paid Cards; Debit CardsCo-branded Cards; Contactless Cards
Remittance Products	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
Digitisation of Retail Banking Products	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
Role of AI and Technology in Retail Banking	Dimensions of Banking Technology;Banking Today; Relationship between Banking and Technology;Evolution of Banking Technology; A New Era in Banking;Evolution of Banking Technology in India;Challenges towards adoption of Technology by Indian Banks;Technology in Retail Banking; Benefits of Technology in Retail Banking; Artificial Intelligence (AI);Difference between Artificial Intelligence (AI) and Automation; Evolution of ArtificialIntelligence; Artificial Intelligence Industry in India;Artificial Intelligence in Indian Banking Industry;Indian Banks and the Technology;Why AI in Banking Industry?; Benefits of Artificial Intelligence Technology in Banking and Finance;Artificial Intelligence in Retail Banking;Artificial Intelligence in Retail Banking in India; The Challenges Facing India’s AIDevelopment; Benefits of AI in Retail Banking
Recovery of Retail Loans	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
Management Information Systems	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
Securitization	Securitization of Assets
Module C – Support Services – Marketing of Banking Services/Products
Marketing – An Introduction	Marketing in Retail Banking; Marketing Mix in Retail Banking
Delivery Channels 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	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	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
Service Standards for Retail Banking	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
Marketing Information Systems- A Longitudinal Analysis	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
Module D – Wealth Management
Importance of Wealth Management	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
Investment Management	Element of Investment; Basics of Investment Management;Steps in Investment Management;Investment Banking; Services being offered by Full-service Investment Banks; InvestmentBank 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
Tax Planning	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
Other Financial Services Provided by Banks	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
Additional Reading Material on Home Loans Lender’s Appraisal Procedure	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
Housing Finance and Tax Planning	Tax Benefits in Respect of Housing Finance
Mortgage Advice	Development of “Home Information Packs”;Time Value of Money-interest and Annuities;Capital Gains; Loan Calculator and Loan Amortization Schedule
Valuation of Real Property	Who does Valuation?;Land with Building; Life of Structures;Sinking Fund; Reverse Mortgage