JAIIB Syllabus 2026 & Exam Pattern: Complete Subject-Wise Guide

The Indian Institute of Banking and Finance (IIBF) conducts the JAIIB examination to enhance the professional expertise of banking staff and facilitate career advancement opportunities. For bankers aiming to qualify this year, mastering the JAIIB Syllabus 2026 is essential for creating a winning study strategy. This article provides a comprehensive breakdown of the updated syllabus, including subject-wise modules and the official exam pattern.

JAIIB Syllabus and Exam Pattern 2026

Understanding the official JAIIB Syllabus and Exam Pattern 2026 is the crucial first step for every candidate. It provides vital insights into the question structure and difficulty level of the JAIIB Exam 2026. The curriculum covers 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 Banking Principles & 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 Result 2026 - Access Your Results Here

JAIIB Exam Pattern 2026

The JAIIB examination comprises four core papers held on separate dates: Indian Economy & Indian Financial System, Principles & Practices of Banking, Accounting & Financial Management for Bankers, and Retail Banking & Wealth Management. Notably, there is no negative marking in the JAIIB CAIIB Exam 2026. The key highlights are 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

To succeed in the JAIIB exam, candidates must thoroughly cover all topics mandated by the Indian Institute of Banking and Finance. Each of the four papers is systematically organized into four distinct modules.

Paper I- Indian Economy & Indian Financial System

Paper 1 (IE & IFS) is divided into four comprehensive modules: Indian Economic Architecture, Economic Concepts Related to Banking, Indian Financial Architecture, and Financial Products and Services.

Module A: Indian Economic and Architecture
Topics	Sub- Topics
Indian Economy	Evolution of the Indian Economy Basic Characteristics of the 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 Organized and Unorganized 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 & 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 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 Syllabus
Chapters	Topics
Fundamentals of Economics, Microeconomics,  Macroeconomics and Types of Economies	Economics – An Introduction Microeconomics and Macroeconomics Types of Economies, Market, Command 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 Syllabus
Chapters	Topics
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 the 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
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 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 & 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 Syllabus
Chapters	Topics
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) 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 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 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 Inv ITs

JAIIB Paper 2- Principles  & Practices of Banking Syllabus

Paper 2 (PPB), covering Principles & Practices of Banking, is structured across four modules, which 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 breakdown for all four modules is provided below:

Module A- General Banking Operations
Chapters	Topics
Banker-Customer Relationship	Requirements to be Called a Bank Banker-Customer Relationship Bank as a Trustee BaileeBailor Relationship Agent-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
Banker Customer Relationship	Types; Different Deposit Products & Services Services to Customers & Investors
KYC/ AML/ CFT norms	PMLA Act KYC Norms
Bankers’ Special Relationship	Mandate; POA Garnishee Orders Banker’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 Banks Endorsements; Forged Instruments Bouncing of Cheques Its Implications Return of Cheques Cheque Truncation System
Opening accounts of various types of customers	Operational Aspects of opening and Maintaining Accounts of Different Types of Customers including Aadhaar SB Rate Deregulation
Ancillary Services	Remittances Safe Deposit Lockers Govt. Business EBT
Cash Operations	Cash Management Services and its Importance
Principles of Lending, Working Capital Assessment and Credit Monitoring	Cardinal Principles Non-fund Based Limits WC Term Loans Credit Appraisal Techniques Sources of WC Funds & its Estimation Operating Cycle Projected Net WC Turnover Method Cash Budget Credit Monitoring & Its Management Base Rate
Priority Sector Advances	Targets; Sub-Targets Recent Developments
Agricultural Finance	Types of Agricultural Loans Risk Mitigation in agriculture (NAIS, MSP, etc.)
Micro, Small, and Medium Enterprises	MSMED Act, 2006 Policy Package for MSMEs Performance and Credit Rating Scheme Latest Developments
Government Sponsored Schemes	SGSY, SJSRY, PMRY, SLRS
Self Help Groups	Need for & Functions of SHGs Role of NGOs in Indirect Finance to SHGs SHGs & SGSY Scheme; Capacity Building
Cards, Home Loans, Personal Loans, Consumer Loans	Operational Aspects, Advantages, Disadvantages & Guidelines of Credit Cards Procedure and Practices for Home Loans, Personal Loans and Consumer Loans
Documentation	Types of Documents; Procedure Stamping Securitization
Different Modes of Charging Securities	Assignment; Lien; Set-off; Hypothecation Pledge; Mortgage
Types of collaterals and their characteristics	Land & Buildings; Goods Documents of Title to Goods Advances against Insurance Policies, Shares, Book Debts, Term Deposits, Gold, etc. Supply Bills
Non-Performing Assets	Definition; Income Recognition Asset Classification Provisioning Norms; CDR Financial Inclusion BC; BF Role of ICT in Financial Inclusion, Mobile-based transactions, RSETI
Financial Literacy	Importance of financial literacy Customer awareness
Module C – Banking Technology
Essentials of Bank Computerization	Computer Systems; LANs; WANs UPS; Core Banking
Payment Systems and Electronic Banking	ATMs; HWAK; PIN Electromagnetic Cards Electronic Banking Signature Storage & Retrieval System CTS; Note & Coin Counting Machines Microfiche; NPC; RUPAY
Data Communication Network and EFT systems	Components & Modes of Transmission Major Networks in India Emerging Trends in Communication Networks for Banking Evolution of EFT System; SWIFT Automated Clearing Systems Funds Transfer Systems; Recent Developments in India
Role of Technology Upgradation and its impact on Banks	Trends in Technology Developments Role & Uses of Technology Upgradation; Global Trends Impact of IT on Banks
Security Considerations	Risk Concern Areas Types of Threats Control Mechanism Computer Audit IS Security; IS Audit Evaluation Requirements
Overview of IT Act	Gopalakrishna Committee Recommendations
Preventive Vigilance in Electronic Banking	Phishing; Customer Education Safety Checks; Precautions
Module D – Ethics in Banks and Financial Institutions
Ethics, Business Ethics & Banking: An Integrated Perspective	Business Ethics Ethical Foundation Banking Ethics in Global and Indian Contexts
Ethics at the Individual Level	Values Norms Beliefs Morality Conflict Integrity Golden Rule Dilemmas Decision-Making
Ethical Dimensions: Employees	Obligation to Bank/ Third Parties, Abuse of Official Position Sexual Harassment, Conflict of Interest Fair Accounting Practices, HRM Ethics Employees as Ethics Ambassadors & Managers as Ethical Leaders
Work Ethics and the Workplace	Work Ethics, Benefits of Ethical Behavior Unethical Behavior: Causes and Remedies Code of Ethics Manual, Whistleblowing in Banks Whistleblowing Laws in India
Banking Ethics: Changing Dynamics	Ethics and Technology, Data Security and Privacy Intellectual Property Rights, Patents, and Proprietary Rights Ethics of Information Security Cyber Threats, Digital Rights Management

JAIIB Paper 3- Accounting and Financial Management for Bankers

Paper 3, focused on Accounting & Financial Management, comprises four modules outlined below:

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

Below is the comprehensive syllabus for all four modules of Paper 3:

Module A- Business Mathematics and Finance
Subjects	Topics
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 System 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 Statement 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, 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 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, I nter- 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 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 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 Paper 4- Retail Banking and Wealth Management

Paper 4, Retail Banking and Wealth Management, is structured into the following four modules:

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 complete syllabus for these four modules is detailed 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 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 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

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