JAIIB Exam New Syllabus and Most Important Topics

JAIIB Exam Syllabus & Most Imp Topics

The Indian Institute of Banking and Finance (IIBF) conducts the JAIIB (Junior Associate of the Indian Institute of Bankers) exam twice a year. In 2023, the IIBF revised the JAIIB syllabus, making it essential for aspirants to understand the new JAIIB syllabus to plan their preparation and optimise their chances of success strategically.

In this article, we’ll explain the JAIIB exam pattern, syllabus, and important topics in detail.

JAIIB Exam Pattern

Here’s a detailed overview of the JAIIB exam pattern:

SNo.PapersNo. of QuestionsTotal
Time Duration
1Paper 1: Indian Economy and Indian Financial System (IF and IFS)1001002 hours
2Paper 2: Principles and Practices of Banking (PPB)1001002 hours
3Paper 3: Accounting & Financial Management for Bankers (AFM)1001002 hours
4Paper 4: Retail Banking and Wealth Management (RBWM)1001002 hours

JAIIB Exam Pattern: Other Details

The JAIIB Exam is held online, and the type of questions are multiple-choice. Each paper carries 100 marks, and there is no negative marking for wrong answers. Each paper is held on different dates, and the duration for each paper is 2 hours. The cut-off for each paper is 50%, i.e., 50 marks out of 100. There are 50 questions of 0.5 marks, 25 of 1 mark, and 25 of 2 marks.

For your easy understanding, we have provided the above-mentioned information in a table form below.

Other Details of the JAIIB Exam Pattern
Total Marks400 
Negative MarkingThere is no negative marking
Marking Scheme50 questions of 0.5 marks
25 questions of 1 mark
25 questions of 2 marks
Mode Online
NatureObjective with MCQs
Cut-Off Marks50 marks out of 100 (for each subject)

Having acquainted yourself with the JAIIB exam pattern, let’s explore its syllabus to prepare effectively.

JAIIB eBook Solved PYQs

JAIIB Exam Syllabus

Old JAIIB Exam Syllabus 

To qualify the JAIIB Exam of 2022, aspirants had to clear 3 papers as described below.

Papers ModulesSyllabus
Paper 1: Principles and Practices of Banking (PPB)Module AIndian Financial System
Module BFunctions of Banks
Module CBanking Technology
Module DSupport Services, Marketing of Banking
Module EEthics in Bank and Financial Institutions
Paper 2: Accounting and Finance For Bankers (AFB)Module ABusiness Mathematics and Finance
Module BPrinciples of Bookkeeping and Accounting
Module CFinal Accounts
Module DBanking Operations
Paper 3: Legal and Regulatory Aspects of Banking (LRAB)Module ARegulations and Compliance
Module BLegal Aspects of Banking Operations
Module CBanking Related Laws
Module DCommercial Laws with Reference to Banking Operations

There’s been a change in the JAIIB syllabus in 2023. The change aimed at updating and aligning the course with the latest developments and trends in the banking and financial sector. The new JAIIB exam syllabus is explained below. 

New JAIIB Exam Syllabus

IIBF has revised the JAIIB Syllabus in 2023. The JAIIB exam syllabus from 2023 onwards consists of four papers, each further divided into four modules. The detailed JAIIB exam syllabus is explained below:

Papers ModulesSyllabus
Paper 1: Indian Economy and Indian Financial System (IE&IFS)Module AIndian Economic Architecture
Module BEconomic Concept Related to Banking
Module CIndian Financial Architecture
Module DFinancial Products and Services
Paper 2: Principles and Practices of Banking (PPB)Module AGeneral Banking Operations
Module BFunctions of Banks
Module CBanking Technology
Module DEthics in Bank & Financial Institutions
Paper 3: Accounting & Financial Management for Bankers (AFM)Module AAccounting Principles and Processes
Module BFinancial Statement and Core Banking Systems
Module CFinancial Management
Module DTaxation and Fundamental of Costing
Paper 4: Retail Banking and Wealth Management (RBWM)Module ARetail Banking
Module BRetail Products and Recovery
Module CSupport Services – Marketing of Banking Services/Products
Module DWealth Management

Important Note: 

It’s highly recommended to refer to the latest notification to ensure there haven’t been any alterations in the exam syllabus or pattern.

For more details, download the official JAIIB Exam Syllabus as a PDF.

After getting the overview of the JAIIB exam syllabus, it’s time to understand the subject-wise syllabus in detail.

Subject-Wise JAIIB Exam New Syllabus

JAIIB IE&IFS New Syllabus

Here is the JAIIB IE&IFS new syllabus:

Module-Wise IE&IFS Syllabus
1Module AAn Overview of the Indian Economy
Sectors of the Indian Economy
Economic Planning in India & NITI Aayog
Role of Priority Sector and MSME in the Indian Economy
Infrastructure including Social Infrastructure
Globalization- Impact on India
Economic Reforms
Foreign Trade Policy
Foreign Investments and Economic Development
International Economic Organizations (World Bank, IMF, etc.)
Climate Change
Sustainable Development Goals (SDGs)
Issues Facing the Indian Economy
2Module BFundamentals of Economics
Microeconomics and Macroeconomics
Types of Economies
Supply and Demand
Money Supply and Inflation
Theories of Interest
Business Cycles
Monetary Policy and Fiscal Policy
System of National Accounts and GDP Concepts
Union Budget
3Module CIndian Financial System – An Overview
Indian Banking Structure
Banking Laws – Reserve Bank of India Act, 1934 & Banking Regulation Act, 1949
Development Financial Institutions
Micro Finance Institutions
Non-Banking Financial Companies (NBFCs)
Insurance Companies
Indian Financial System – Regulators and Their Roles
Reforms & Developments in the Banking Sector
4Module DFinancial Markets
Money Markets
Capital Markets and Stock Exchanges
Fixed Income Markets – Debt and Bond Markets
Foreign Exchange Markets
Interconnectedness of Markets and Market Dynamics
Merchant Banking Services
Derivatives Market
Factoring, Forfaiting, and Trade Receivables Discounting System (TReDS)
Venture Capital
Lease Finance and Hire Purchase
Credit Rating and Credit Scoring
Mutual Funds
Insurance Products
Pension Products
Para Banking and Financial Services Provided by Banks
Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs)

Below, we have explained the JAIIB IE & IFS decoded syllabus.

Module A: Indian Economic Architecture

  • An Overview of Indian Economy 

Evolution of Indian Economy, Basic Characteristics of Indian Economy, Indian Economy in  Pre-British period, Economy till 2008 & after 2008, Structural changes in Indian Economy 

  • Economic Planning in India 

Definition of Economic Planning, History of Economic Planning, Objectives of Economic Planning, Types of Planning, Achievements of Planning, Financial resources for 5-year plans 

  • Sectors of the Indian Economy 

Role & Importance of Primary, Secondary, Tertiary Sector, Quaternary & Quinary Sectors, Different Revolutions in Primary sector, Difference between the sectors, GDP contribution of different sectors, Agriculture, Industry, Services, Employment growth rate in Secondary sector, Sunrise Sector of Indian Economy, Organised and Unorganised sectors 

  • Role of Priority Sector and MSME in the Indian Economy 

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 including Social Infrastructure 

Infrastructure & Economic Development, Energy, Power, Transport system viz., Rail, Road, Civil Aviation, Concept of Social Sector and Social Infrastructure, Health, Education, Family Welfare, Development of Health Infrastructure 

  • Globalisation – Impact on India 

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 

  • Economic Reforms 

A Brief Overview, Transformation, Economic Transformation – Real Sector, Economic Transformation – Financial Sector, Economic Transformation – Integration with the Global Economy, Economic Reforms in India 

  • Foreign Trade Policy, Foreign Investments and Economic Development 

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. 

  • International Economic Organizations (World Bank, IMF etc.) 

IMF and World Bank, WTO- India and WTO, Regional Economic Co-operations, Recent International Economic Issues 

  • 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 

  • Issues Facing Indian Economy 

Poverty Alleviation, Jobless growth, Rising Inequalities, Migration and excessive pressure on resources, Possible remedies, Pandemic situations 

Module B: Economic Concepts Related to Banking 

  • Fundamentals of Economics, Microeconomics, Macroeconomics and Types of Economies 

Economics – An Introduction, Microeconomics and Macroeconomics, Types of Economies, Market, Command, and Mixed Economies 

  • Supply and Demand 

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 

  • Money Supply and Inflation 

What is Money, Money Supply, Inflation, Causes of Inflation, Measures of Inflation 

  • Theories of Interest 

Classical Theory of Rate of Interest, Keynes’ Liquidity Preference Theory of 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 

  • Business Cycles 

Characteristics of a Business Cycle, Phases of a Business Cycle 

  • 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 

  • National Income and GDP Concepts 

Computation, Utility 

  • Union Budget 

Receipts, Expenditure, Plan Expenditure, Deficit Concepts 

Module C: Indian Financial Architecture 

  • Indian Financial System – An Overview 

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 

  • 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 and Small Finance Banks, NBFCs, Key RBI Guidelines 

  • 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 

  • Development Financial Institutions 

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). 

  • Micro Finance Institutions 

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.

  • Non-Banking Financial Companies 

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. 

  • Insurance Companies 

History and Development of Insurance. Privatisation and Foreign Direct Investment (FDI) in the 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. 

  • Indian Financial System – Regulators and 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). 

  • 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 Services 

  • Overview of Financial Markets 

What is a Financial Market? Evolution of the Financial Market, Segments of Financial Markets, Functions of Financial Markets, Price Discovery. 

  • Money Markets and Capital Markets 

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). 

  • Fixed Income Markets – Debt/Bond Markets 

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. 

  • Capital Markets and Stock Exchanges 

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). 

  • Forex Markets 

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). 

  • Interconnection of Various Markets/Market Dynamics 

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. 

  • Merchant Banking Services 

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. 

  • Derivatives Market including Credit Default Swaps 

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.

  • Factoring, Forfaiting & Trade Receivables Discounting System (TReDS) 

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.

  • Venture Capital 

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.

  • Leasing and Hire Purchase 

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,

  • 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. 

  • Mutual Funds 

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. 

  • Insurance Products 

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

  • Pension Funds (include APY, NPS) 

Pension System and its Aspects, 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). 

  • 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. 

  • Real Estate Investment Funds/Infrastructure Investment Fund (Concept) 

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.

JAIIB PPB New Syllabus

Here is the JAIIB PPB new syllabus:

Module-Wise PPB Syllabus
1Module A: General Banking OperationsBanker-Customer Relationship
AML-KYC Guidelines
Operational Aspects of KYC
Opening Accounts of Various Types of Customers
Operational Aspects of Deposit Accounts
Operational Aspects of Handling Clearing/Collection/Cash
Banker’s Special Relationship
Foreign Exchange Remittance Facilities for Individuals
Operational Aspects of NRI Business
Foreign Currency Accounts for Residents and Other Aspects
Cash Management Services and its Importance
Payment and Collection of Cheques and Other Negotiable Instruments
Responsibility of Paying Bank
Responsibility for Collecting Bank
Ancillary Services
Financial Inclusion & Financial Literacy
Customer Service Guidelines
Duties & Rights of a Banker and Customer Rights
Grievance Redressal & RBI Integrated Ombudsman Scheme 2021
The Consumer Protection Act, 2019: Preamble, Extent, and Definitions
The Right to Information Act, 2005
2Module B: Functions of Banks Principles of Lending
Different Types of Borrowers and Types of Credit Facilities
Appraisal and Assessment of Credit Facilities
Operational Aspects of Loan Accounts
Types of Collaterals and Their Characteristics
Different Modes of Charging Securities
Non-Performing Assets/ Stressed Assets
Important Laws Relating to Recovery of Dues
Contracts of Indemnity, Contracts of Guarantee & Bank Guarantee
Letters of Credit
Deferred Payment Guarantee
Laws Relating to Bill Finance
Personal Finance
Priority Sector Advances
Agricultural Finance
Finance to MFIs/Co-Lending Arrangements with NBFCs
Micro, Small, and Medium Enterprises in India
Government Sponsored Schemes
Self-Help Groups
3Module C: Banking Technology Essentials of Bank Computerisation
Operational Aspects of the CBS Environment
Alternate Delivery Channels – Digital Banking
Data Communication Network and EFT Systems
Digital Payment Systems – NPCI
Impact of Technology Adoption and Trends in Banking Technology
Security Considerations and Mitigation Measures in Banks
Operational Aspects of Cyber Crimes/Fraud Risk Management in Cyber Tech
Technology Trends in Banking
Fintech – RegTech, SupTech, Hashtag Banking
4Module D: Ethics in Banks and Financial Institutions Ethics, Business Ethics & Banking: An Integrated Perspective
Ethics at the Individual Level
Ethical Dimensions: Employees, Work Ethics, and the Workplace
Banking Ethics: Changing Dynamics

Below, we have explained the JAIIB PPB decoded syllabus.

Module A: General Banking Operations 

  • Banker-Customer Relationship 

Requirements to be Called a Bank, Banker-Customer Relationship, Bank as a Trustee, BaileeBailor Relationship, gent-Principal Relationship, Lessor and Lessee, Indemnifier and Indemnified, Different Deposit Products or Services, Services to Customers and Investors 

  • AML-KYC Guidelines 

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 

  • Operational Aspects of KYC 

Know Your Customers (KYC) Norms, Wire Transfers, Other Operations – Regulations, Central KYC Records Registry (CKYCR), Monitoring of Transactions 

  • 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 

  • Operational Aspects of Deposit Accounts 

Salient Feature 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 

  • 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 

  • Banker’s Special Relationship 

Mandate – Definition, Power of Attorney (POA) – Definition, Banker’s Lien, Right of Set-off, Right of Appropriation 

  • Foreign Exchange Remittance Facilities for Individuals 

Evolution of FEMA, Definitions, Bringing in and Taking out Foreign Exchange, Inward Remittances, Outward Remittances, Indo-Nepal Remittance Scheme 

  • Operational Aspects of NRI Business 

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

  • Foreign Currency Accounts for Residents and Other Aspects 

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 

  • Cash Management Services and Its Importance 

Developments in CMS, Importance of Cash Management System, Types of Cash Management Services, Challenges and Issues 

  • Payment and Collection of Cheques and Other Negotiable Instruments 

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 

  • Responsibility of Paying Bank 

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 

  • Responsibility of Collecting Bank 

Statutory Protection to Collecting Bank, Duties of the Collecting Bank 

  • Ancillary Services 

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 & Financial Literacy 

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 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 

  • Duties & Rights of a Banker and Customer Rights 

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 

  • Grievance Redressal & RBI Integrated Ombudsman Scheme 2021 

Model Policy on Grievance Redressal, Internal Machinery to Handle Customer Complaints/ Grievances, The RBI – Integrated Ombudsman Scheme 

  • The Consumer Protection Act, 2019: Preamble, Extent and Definitions 

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.

  • The Right to Information Act, 2005 

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.

Module B: Functions of Banks

  • 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 

  • Appraisal and Assessment of Credit Facilities 

Credit Appraisal, Credit Appraisal techniques, Methods of Assessment of Loans, Assessment of Working Capital, Assessment of Term Loan 

  • Operational Aspects of Loan Accounts 

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 

  • Types of Collaterals and Their Characteristics 

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 estions of 0.5 m

  • Different Modes of Charging Securities 

Meaning and Essentials of a Contract, Contract of Agency, Contract of Bailment, Types of Charges, Registration of Charges 

  • Documentation 

Different Types of Documents, Documentation Procedure 

  • Non-Performing Assets/ Stressed Assets 

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 

  • Important Laws Relating to Recovery Of Dues 

Introduction to Recovery of Debts and Bankruptcy Act, 1993 (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 

  • Contracts of Indemnity 

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 

  • Contracts of Guarantee & Bank Guarantee 

Parties to the Contract, Basic Principles of Contract to be Complied, 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 

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 

  • Deferred Payment Guarantee 

Purpose of Deferred Payment Guarantee, Method of Payment 

  • Laws Relating to Bill Finance 

Class of Bills and Laws Governing Bills, Classification of Bills, Various Types of Bill Finance, Bill Finance and Legal Position of a Banker 

  • Credit Cards, Home Loans, Personal Loans, Consumer Loans 

Credit Card, Home Loans, Personal Loans, Consumer Loans 

  • Priority Sector Advances 

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 

  • Agricultural Finance 

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)

  • Finance to MFIs/Co-Lending Arrangements with NBFCs 

Background, Bank Borrowings – Source of Finance for NBFC’s, Bank Finance to NBFC’s, Bank Loans to NBFC’s 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 

  • Micro, Small and Medium Enterprises in India 

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 

  • Government Sponsored Schemes 

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) 

  • Self-Help Groups 

SHG – Definition, Need for SHGs, Forming SHGs, SHGs Under DAY-NRLM/ DAY-NULM Schemes, SHG-Bank Linkage Programme.

Module C: Banking Technology 

  • Essentials of Bank Computerisation 

Bank Computerisation, Networking Technologies in Banks, Uninterrupted Power System (UPS), Core Banking, Data Warehousing and Data Mining

  • Operational Aspects of CBS Environment 

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 – Digital Banking 

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 Network and EFT 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 

  • Digital Payment Systems – NPCI 

Electronic Clearing Systems in India, National Payment Corporation of India (NPCI), Digital Initiatives by the Government of India 

  • Impact of Technology Adoption and Trends in Banking Technology 

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 

  • Security Considerations and Mitigation Measures in Banks 

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 

  • Operational Aspects of Cyber Crimes/Fraud Risk Management in Cyber Tech 

Fraud vs Crime, Phases of an Effective Incident Response Plan 

  • Technology trends in Banking, e-RUPI, Fintech – RegTech, SupTech, Hashtag Banking etc. 

e-RUPI, Fintech/Reg Tech/Sup Tech, Social Media Banking, Hashtag Banking, Account Aggregators, Open Banking

Module D: Ethics in Banks and Financial Institutions

  • Ethics, Business Ethics & Banking: An Integrated Perspective 

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 

  • Ethics at the Individual Level 

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 

  • Ethical Dimensions: Employees 

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 

  • Work Ethics and the Workplace 

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 

  • Banking Ethics: Changing Dynamics 

Ethics and Technology, Data Security and Privacy, Intellectual Property Rights, Patents and Proprietary Rights, Ethics of Information Security

JAIIB Live Workshop

JAIIB AFM New Syllabus 

Here is the JAIIB AFM new syllabus:

Module-Wise AFM Syllabus
1Module A: Accounting Principles and Processes Definition, Scope & Accounting Standards including Ind AS
Basic Accountancy Procedures
Maintenance of Cash/Subsidiary Books and Ledger
Bank Reconciliation Statement
Trial Balance
Rectification of Errors and Adjusting & Closing Entries
Depreciation and its Accounting
Capital and Revenue Expenditure
Bills of Exchange
Operational Aspects of Accounting Entries
Back Office Functions/Handling Unreconciled Entries in Banks
Bank Audit & Inspection
2Module B: Financial Statements and Core Banking Systems Balance Sheet Equation
Preparation of Final Accounts
Company Accounts-I
Company Accounts-II
Cash Flow and Funds Flow
Final Accounts of Banking Companies
Core Banking Systems and Accounting in a Computerised Environment
3Module C: Financial Management Financial Management – An Overview
Ratio Analysis
Financial Mathematics Calculation of Interest and Annuities
Financial Mathematics Calculation of YTM
Financial Mathematics – Forex Arithmetic
Capital Structure and Cost of Capital
Capital Investment Decisions/Term Loans
Equipment Leasing/Lease Financing
Working Capital Management
4Module D: Taxation and Fundamentals of Costing Taxation: Income Tax/TDS/Deferred Tax
Goods & Services Tax
An Overview of Cost & Management Accounting
Costing Methods
Standard Costing
Marginal Costing
Budgets and Budgetary Control

Below, we have explained the JAIIB AFM decoded syllabus.

Module A: Accounting Principles and Processes

  • Definition, Scope and Accounting Standards including Ind AS 

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 

  • Basic Accountancy Procedures 

Concepts of Accountancy, Going Concern Entity, Double Entry System, Principle of Conservatism, Revenue Recognition and Realisation, Accrual and Cash Basis 

  • Maintenance of Cash/Subsidiary Books and Ledger 

Record Keeping Basics, Account Categories, Debit and Credit Concepts, Accounting and Columnar Accounting Mechanics, Journalising 

  • Bank Reconciliation Statement 

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 

  • Trial Balance, Rectification of Errors and Adjusting & Closing Entries 

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 

  • Depreciation & its Accounting 

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 

  • Capital and Revenue Expenditure 

Expenditure, Distinction between Capital and Revenue Expenditure, Receipts 

  • Bills of Exchange 

Types of Instruments of Credit, Term and Due Date of a Bill, Certain Important Terms, Accounting Entries to be Passed, Accommodation Bill, Bill Books 

  • Operational Aspects of Accounting Entries 

Peculiar Features of Accounting Systems in Banks, Accounting Systems of Different Banks, Illustration

  • Back Office Functions/Handling Unreconciled Entries in Banks 

Functions Performed by the Back Office, Reconciliation Function in Banks, Reconciliation of Inter Branch/ Office Entries 

  • Bank Audit & Inspection 

Bank Audit, Emergence of Risk-based Internal Audit, Types of Bank Audits Viz. Concurrent Audit, Internal Audit, Statutory Audit, Role of Audit and Inspection

Module B: Financial Statements and Core Banking Systems 

  • Balance Sheet Equation 

Balance Sheet Equation, Computation of Balance Sheet Equation 

  • Preparation of Final Accounts 

Preparation of Trial Balance, Adjustment Entries, Preparation of Financial Statements from Trial Balance 

  • Company Accounts – I 

Definition and Types of Companies, Distinction between Partnership and Limited Liability Company, Classes of Share Capital, Issue of Shares, General Illustrations, Non-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 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 

  • Ratio Analysis 

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 

  • 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 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 

  • 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 Financial Institutions, Rights Debentures for Working Capital, Commercial Paper, Factoring & Forfaiting 

  • Derivatives 

Characteristics & Functions of Derivatives, Users of derivatives, Futures, Forward Rate Agreement (FRA), Swaps, Options 

Module D: Taxation and Fundamentals 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 Scope. Tools 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, Service Costing: 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 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 

  • Marginal Costing 

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 

  • 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 RBWM New Syllabus

Here is the JAIIB RBWM new syllabus:

Module-Wise RBWM Syllabus
1Module A: Introduction to Retail Banking Banking: Introduction
Retail Banking: Role within the Bank Operations
Applicability of Retail Banking Concepts
The distinction between Retail and Corporate/Wholesale Banking
Branch Profitability
2Module B: Retail Products and Recovery Customer Requirements
Product Development Process
Credit Scoring
Important Retail Liability Products
Important Retail Asset Products
Credit and Debit Cards
Remittance Products
Digitization of Retail Banking Products
Role of AI and Technology in Retail Banking
Recovery of Retail Loans
Management Information Systems
3Module C: Support Services- Marketing of Banking Services/Products Marketing: An Introduction
Delivery Channels in Retail Banking
Delivery Models
Customer Relationship Management in Retail Banking
Service Standards for Retail Banking
Marketing Information Systems – A Longitudinal Analysis
4Module D: Wealth Management Importance of Wealth Management
Investment Management
Tax Planning
Other Financial Services Provided by Banks

Below, we have explained the JAIIB RBWM decoded syllabus.

Module A: Retail Banking

  • 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 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

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; 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

  • 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 Bank Accounts; 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 Cards; Co-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 Artificial Intelligence; Artificial Intelligence Industry in India; Artificial Intelligence in Indian Banking Industry; Indian Banks and the Technology; Why AI in the 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 AI Development; 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; 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

  • 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

JAIIB eBook Most Important Questions

JAIIB Exam Most Important Topics

Here are the subject-wise most important topics of the JAIIB exam:

JAIIB IE & IFS Most Important Topics

We have analysed the number of questions asked in the previous paper from each module of IE & IFS to identify the most important topics. Here are the most important topics for the JAIIB IE & IFS paper.

  1. Module A
Module A: Indian Economic Architecture
SNo.ChaptersImportant Topics
1An Overview of the Indian EconomyBasic Characteristics of Indian Economy – World Bank Classification Economy till 2008 & after 2008 – Hindu Rate & Growth
2Sectors of the Indian EconomyRole & Importance of Primary, Secondary & Tertiary Sector Sunrise Sector of Indian Economy
3Economic Planning in India and NITI AayogFive Years Plans in India NITI Aayog – Strategy for New India @ 75
4Role of Priority Sector and MSME in the Indian EconomyList of Priority Sectors Identified in India & PSL Targets
5Infrastructure including Social Infrastructure Energy Power, Transport system viz., Rail, Road, Civil Aviation – Initiative given
6Economic ReformsEconomic Transformation – Financial Sector – Narasimham Committee
7Foreign Trade Policy, Foreign Investments, and Economic DevelopmentFDIs, FIIS, and Recent Trends
8Climate Change, Sustainable Development Goals (SDGs)India’s progress in SDGs, including Climate change, CSR Activities – Initiatives, CoP 26, CSR
  1. Module B
Module B: Economic Concepts Related to Banking
SNo.ChaptersImportant Topics
1Fundamentals of Economics, Microeconomics, Macroeconomics, and Types of EconomiesEconomics – An Introduction – The Three Definitions
2Supply and DemandForces Behind the Demand Curve
3Money Supply and InflationMoney Supply – Measures, Money Multiplier, Velocity, Characteristics of Currency
Measures of Inflation – CPI, WPI, GDP Deflator
4Theories of InterestKeynes’ Liquidity Preference Theory of Rate of Interest Effect of Fiscal and Monetary
5Business CyclesCharacteristics of a Business Cycle
6Monetary Policy and Fiscal PolicyGDP and Related Concepts Utility
7National Income and GDP ConceptsFDIs, FIIS, and Recent Trends
8Union BudgetExpenditure & Receipts
  1. Module C
Module C: Indian Financial Architecture
SNo.ChaptersImportant Topics
1Indian Financial System – An overviewPhase I & II: Bank Nationalisation
2Indian Banking StructureTypes of Banks
3Banking Regulation Act, 1949 and RBI Act, 1934RBI Act, 1934 – Paid-up Capital and Board of Directors Banking Regulation Act, 1949
4Development Financial InstitutionsEvolution of DFIs National Bank for Financing Infrastructure and Development (NaBFID)
5Micro Finance InstitutionsEvolution of Microfinance in India and PSL norms SHG-Bank Linkage
6Non-Banking Financial CompaniesNBFS Definition and types
7Insurance CompaniesPrivatisation and Foreign Direct Investment (FDI) in Insurance Sector
8Reforms & Developments in the Banking SectorBad Bank
  1. Module D
Module D: Financial Products and Services
SNo.ChaptersImportant Topics
1Overview of Financial MarketsPrice Discovery
2Money Markets and Capital MarketsNotice Money and Term Money Repo, LTRO, TLTRO
3Fixed Income Markets – Debt/Bond MarketsBond Valuation and Theorems Derivatives Association of India RBI Retail Direct Scheme (RDS)
4Forex MarketsForeign Exchange Management Act (FEA), 1999
5Interconnection of various markets/Market DynamicsAsian Clearing Union
6Merchant Banking ServicesDefinition and SEBI Regulations
7Factoring, Forfaiting & TreDSDefinition & Types
8Venture CapitalConcept of Venture Capital, Stages & Exit routes
9Leasing and Hire PurchaseDefinition, Types, and Parties Involved
10Credit Rating Agencies & their FunctionsCredit Rating Agency (CRAs) – Definition & History
11Insurance Products & Ch43. Pension Funds (include APY, NPS)Government Products – Insurance (PMJJBY, PMSBY) & Pension (APT, PPF, NPS)
12Real Estate Investment Funds/ Infrastructure Investment FundREITs & InvITs – Definition & Types

JAIIB PPB Most Important Topics

We have analysed the topic-wise yearly trend of the number of questions asked from each topic of PPB to decode the syllabus and identify the most important topics. Here are the most important topics for JAIIB PPB.

  1. Module A:
Module A: General Banking Operations
SNo.ChaptersImportant Topics
1Banker-Customer RelationshipBanker-Customer Relationship 
2AML-KYC GuidelinesPMLA, Reporting Obligations
3Operational Aspects of KYCKYC-Individuals
4Opening A/C of Various types of CustomersIndividuals, KJoint, Illiterate, Blind, Minor, Partnership, LLP
5Operational Aspects ofDeposit A/CsOperational Instructions in Joint Accounts, Attachment Orders
6Operational Aspects of Handling CashCTS
7Banker’s Special RelationshipMandate, POA, Lien, Appropriation
8Dorex Remittance Facilities for IndividualsLRS, Outward Remittances
9Aspects of NRI BusinessNRE, NRO, FCNR, SNRR
10Foreign Currency A/Cs for ResidentsForeign Currency Denomination A/Cs
11Payment and collection of Cheques and other Negotiable InstrumentsNIA, Paying & Collecting Bank Duties, Endorsement, Crossing, and Dishonour 
12Ancillary ServicesDemand Draft Locker
13Duties & Rights of a Banker and CustomerTermination of BCSBI Codes
14Grievance Redressal & RBI Integrated Ombudsman SchemeOmbudsman Scheme
15The Consumer Protection Act, 2019Product Liability, Councils, Commissions
16Right to Information Act, 2005PIOs, Anneals, Public Authority
  1. Module B:
Module B: Functions of Banks
SNo.ChaptersImportant Topics
1Principle of LendingTypes of Borrowers, Credit facilities
2Appraisal & Assessment of Credit FacilitiesOnly Definitions
3Operational Aspects of Loan AccountsCommon Loan Products
4Types of Collaterals & Their CharacteristicsImmovable Property, LTV ratios, nature of charge created
5Different Modes of Charging SecuritiesFull Chapter
6NPAs/Stressed AssetsAsset classification, SMA, Wilful Defaulters (Table)
7Important Laws Relating to Recovery of DuesBasics of Acts
8Contracts of GuaranteeTypes of Guarantee
9Contract of IndemnityFull Chapter
10Letters of CreditTypes, Documents
11Laws Relating to Bill FinanceClassification of Bills
12Priority Sector AdvancesTargets/Sub-Targets & Categories
13Agricultural FinanceKCC, PMFBY, MSP
14MSMEs in IndiaClassification, TreDS, PM savNIDHI
15Government Sponsored SchemeIn News
16GHGsFull Chapter
  1. Module C:
Module C: Banking Technology
SNo.ChaptersImportant Topics
1Essential of Bank ComputerisationNetworking Technology, definitions
2ADC-Digital BankingATM, Electromagnetics Cards, Net Banking
3Data Communication Network and EFT SystemsNEFT, RTGS, SWIFT, Definitions
4Digital Payment System – NPCIFull Chapter
5Technology Trends in BankingAI, Chatbots, Blockchains, Crypto, VR, AR, 5G
6Security ConsiderationsVising, Smishing, Malware, Phishing
  1. Module D:
Module D: Ethics in Banking & Financial Institutions
SNo.ChaptersImportant Topics
1Ethics, Business Ethics & BankingEthics & Value
2Ethics at Individual LevelGolden Rule, Ethical Dilemmas
3Ethics Dimensions – EmployeesInsider Trading, Job discrimination
4Work Ethics and the WorkplaceWhistleblowing

JAIIB AFM Most Important Topics

We have analysed the topic-wise yearly trend of the number of questions asked from each topic of AFM to decode the syllabus and identify the most important topics. Here are the most important topics for JAIIB AFM.

  1. Module A
Module A: Accounting Principles & Processes
SNo.ChaptersImportant Topics
1Definition, Scope, and Accounting Standards, including IndASAccounting Standards
2Basic Accountancy ProceduresConcepts of Accountancy
3Maintenance of Cash/Subsidiary Books and LedgerRules of Debit & Credit
4Bank Reconciliation StatementBank Reconciliation Statement
5Trial Balance, Rectification of Errors and Adjusting & Closing EntriesTypes of Errors & Suspense Accounts
6Depreciation & its Accounting Different Methods of Depreciation 
7Capital & Revenue ExpenditureExamples of Capital & Revenue Expenditure
8Bills of ExchangeImportant Terms Related to Bills of Exchange
9Back Office Functions/Handling Unreconciled Entries in BanksReconciliation of Inter Branch/Office Entries
10Bank Audit & InspectionTypes of Bank Audits & Their Details
  1. Module B
Module B: Financial Statement and Core Banking Systems
SNo.ChaptersImportant Topics
1Preparation of Final AccountsPreparation of Balance Sheet and Profit & Loss Account
2Company Accounts – IDefinition & Types of Companies
3Company Accounts – IIForm of Balance Sheet
4Cash Flow & Funds FlowComponents of Cash Flow
5Final Accounts of Banking CompaniesPreparation of Final Systems & Disclosure Requirements
6Core Banking Systems & Accounting in ComputerisedTerms, Advantages & Disadvantages of Computerised Accounting
  1. Module C
Module C: Financial Management
SNo.ChaptersImportant Topics
1Financial Management – An OverviewPrinciples, Risk Return Trade-Off, Ethics & Social Responsibility
2Ratio AnalysisDifferent Types of Ratios
3Financial Mathematics – Calculation of Interest and AnnuitiesCalculation of Simple & Compound Interest and Definition of Annuities
4Financial Mathematics – Calculation of YTMBond Theorems, Bond Price Volatility
5Capital Structure & Cost of CapitalApproaches and Weighted Average Cost of Capital
6Equipment Leasing/Lease FinancingTypes of Leases
7Working Capital ManagementWorking Capital Cycle
8DerivativesTypes of Derivatives
  1. Module D
Module D: Taxation & Fundamentals of Costing
SNo.ChaptersImportant Topics
1Taxation: Income Tax/TDS/Deferred TaxTCS, TDS, and Deductions
2An Overview of Cost & Management Accounting Methods & Significance of Cost & Management Accounting 
3Costing Methods Applications of Costing Methods
4Standard Costing Applications of Standard Methods
5Marginal CostingProfit Volume Ratio & its Significance
6Budget & Budgetary ControlTypes of Budget

JAIIB RBWM Most Important Topics

We have analysed the topic-wise yearly trend of the number of questions asked from each topic of RBWM to decode the syllabus and identify the most important topics. Here are the most important topics for JAIIB RBWM.

  1. Module A
Module A: Retail Banking
SNo.ChaptersImportant Topics
1Retail Banking: IntroductionCharacteristics, advantages, and constraints in Retail Banking
2Retail Banking: Role within the Bank OperationsBusiness Models
3Applicability of Retail Banking Concepts and Distinction between Retail and Corporate/Wholesale BankingDistinction between Retail and Corporate/ Wholesale Banking
4Branch ProfitabilityCategories of Profit, Return on Asset, Return on Equity, Branch Operating Efficiency, Factors affecting profitability
  1. Module B
Module B: Retail Products and Recovery
SNo.ChaptersImportant Topics
1Customer RequirementsMaslow’s Theory
2Product Development ProcessProduct Life Cycle, Debit or Credit Products, Third Party Products, Product Management
3Credit ScoringCredit Scoring Model, Credit Information Companies in India, Issues in Credit Scoring
4Important Retail Liability ProductsTypes of deposits
5Important Retail Asset productsPMAY, Types of Loans
6Credit and Debit CardsCo-Branded Cards
7Remittance ProductsNEFT, RTGS, ECS, NACH, BBPS, AePS
8Digitisation of Retail banking ProductsIDRBT, INFINET, SFMS, ISCC, NFS
9Role of AI and Technology in Retail Banking ProductsBenefits of AI in Retail Banking
10Recovery of Retail LoansSARFAESIAct, DRT, Lok Adalat
11Management Information SystemsRole of MIS in Banking Industry
12SecuritisationSecuritisation of Assets
  1. Module C
Module C: Support Services – Marketing of Banking Services/Products
SNo.ChaptersImportant Topics
1Marketing: An IntroductionMarketing Mix
2Delivery Channels in Retail BankingChannel Experience, Internet Banking
3Delivery ModelsDirect Selling Agents, Dedicated Marketing Managers
4Customer Relationship Management in Retail BankingImplementation of Process of CRM, Benefits of CRM
5Service Standards for Retail BankingBCSBI Customer Grievance Handling
6Marketing Information System: A Longitudinal AnalysisFunctions of MKIS
  1. Module D
Module D: Wealth Management
SNo.ChaptersImportant Topics
1Importance of Wealth ManagementInstruments of Wealth Management
2Investment ManagementPortfolio Management
3Tax PlanningAll Topics
4Other Financial Services Provided by BanksAll Topics
JAIIB eBook Topics and Strategy


In conclusion, we have explained the JAIIB exam pattern, syllabus, and important topics for preparation. Grasping the JAIIB pattern and syllabus is a crucial step as it guides the aspirants to streamline and optimise their preparation to crack the exam in one attempt.


1. Is it necessary to thoroughly follow the syllabus for exam preparation?

Yes, understanding and following the JAIIB syllabus is essential as it provides a structured approach to aspirants for exam preparation. 

2. Does the JAIIB syllabus change every year?

The JAIIB syllabus does not typically change every year. The Indian Institute of Banking and Finance (IIBF) periodically reviews and updates the syllabus to ensure its relevance and alignment with the evolving banking and financial landscape. 

3. Is the JAIIB exam only for individuals working in the banking sector?

Yes, the JAIIB exam is organised for individuals working in the banking and financial services sector whose employer is an Institutional member of the IIBF.

4. Are there any exemptions for certain subjects in the JAIIB exam?

No, there are no exemptions for any subjects in the JAIIB exam. All four papers must be attempted and passed to get the JAIIB certification.

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EduTap Team
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