Jaiib syllabus 2016
- 1. 1 INDIAN INSTITUTE OF BANKING & FINANCE (An ISO 9001 - 2008 CERTIFIED ORGANISATION) nd Kohinoor City, Commercial-II, Tower-1, 2 Floor, Kirol Road, Kurla (West), Mumbai - 400 070 Web-site : www.iibf.org.in JAIIB 1 OBJECTIVE ELIGIBILITY SUBJECT OF EXAMINATION SCHEME OF EXEMPTIONS EXAMINATION FEES For the examination centres in India JAIIB aims at providing required level of basic knowledge in banking and financial services, banking technology, customer relations, basic accountancy and legal aspects necessary for carrying out day to day banking operations. (i) The examination is open only to the ordinary members of the Institute (Any person working in the banking and finance industry whose employer is an Institutional member of the Institute can apply for membership, for details visit IIBF website). (ii) Candidates must have passed the matriculation examination or its equivalent. The Institute may, however at its discretion, allow any candidate from clerical or supervisory staff cadre of banks to appear at the examination on the recommendation of the Manager of the bank / officer-in-charge of the bank’s office where the candidate is working, even if he / she is not a matriculate or its equivalent. (iii) Subordinate staff of recognized Banking / Financial Institutions in India, who are members of the Institute, are eligible to appear at the examination, provided they have passed the matriculation examination or its equivalent. (iv) New members are advised of the examination for which they are eligible to appear while intimating their respective membership numbers. (1) Principles & Practices of Banking (2)Accounting & Finance for Bankers (3) Legal & RegulatoryAspects of Banking There is no exemption in any of the subject/s for prior qualification/s. MEDIUM OF EXAMINATION PATTERN OF EXAMINATION Candidates are allowed to attempt the examination either in Hindi or English, and should clearly fill in their choice of medium in the ExaminationApplication Form. In any case change of medium will not be allowed at a later stage. (i) Each Question Paper will contain approximately 120 objective type multiple choice questions, carrying 100 marks including questions based on case study / case lets. The Institute may, however, vary the number of questions to be asked for a subject. There will NOTbe negative marking for wrong answers. (ii) Questions for the JAIIB Examination will be asked calling for : (a) Knowledge testing, (b) Conceptual grasp, (c) Analytical / logical exposition, (d) Problem solving, (e) Case analysis First Block of 2 attempts `2,400/- * Second Block of 2 attempts `2,400/- * * Plus Service Tax as applicable (Reg. No.AAATT3309DSD002) Rules & Syllabus 2015
- 2. 2 MODE OF EXAMINATION DURATION OF EXAMINATION PERIODICITYAND EXAMINATION CENTRES PASSING CRITERIA TIME LIMIT FOR PASSING THE EXAMINATION “CLASS OF PASS” CRITERIA PROCEDURE FORAPPLYING FOR EXAMINATION STUDYMATERIAL/ WORKBOOK Examination will be conducted in Online Mode at majority of centres and under offline mode (paper and pencil) at selected centres as per the notification given on the web site in this regard. Examination will be held on three consecutive Sundays (one paper on each Sunday). The duration of the examination will be of 2 hours. (i) The examination will be conducted normally twice a year in May / June and November / December on Sundays. (ii) Alist of Examination Centres will be provided in the online exam application form. (i) Pass : Minimum marks for pass in every subject - 50 out of 100 marks. (ii) Candidate securing at least 45 marks in each subject with an aggregate of 50% marks in all subjects of JAIIB examination in a single attempt will also be declared as having passed JAIIB Examination. (iii) Candidates will be allowed to retain credits for the subject/s they have passed in one attempt till the expiry of the time limit for passing the examination as mentioned bellow : (i) Candidates will be required to pass JAIIB examination within a time limit of 2 years (i.e. 4 consecutive attempts). Initially a candidate will have to pay examination fee for a block of one year i.e. for two attempts. In case a candidate is not able to pass JAIIB examination within 1st block of 2 attempts, he / she can appear for a further period of 1 year (2nd block) i.e. 2 attempts on payment of requisite fee. Candidates who have exhausted the first block of 2 attempts, should necessarily submit the examination application form for the next attempt, without any gap. If they do not submit the examination form immediately after exhausting the first block, the examination conducted will be counted as attempts of the second block for the purpose of time limit for passing. (ii) Candidates not able to pass JAIIB examination within the stipulated time period of two years are required to re-enroll themselves afresh by submitting fresh Examination Application Form. Such candidates will not be granted credit/s for subject/s passed, if any, earlier. (iii) Attempts will be counted from the date of application irrespective of whether a candidate appears at any examination or otherwise. 1) The Institute will consider the FIRST PHYSICAL ATTEMPT of the candidate at the examination as first attempt for awarding class. In other words, the candidate should not have attempted any of the subject/s pertaining to the concerned examination any time in the past and has to pass all the subjects as per the passing criteria and secure prescribed marks for awarding class. Candidate re-enrolling for the examination after exhausting all permissible attempts as per the time limit rule will not be considered for awarding class. 2) First Class : 60% or more marks in aggregate and pass in all the subjects in the FIRST PHYSICAL ATTEMPT. 3) First Class with Distinction : 70% or more marks in aggregate and 60 or more marks in each subject in the FIRST PHYSICAL ATTEMPT. 4) Candidate who have been granted exemption in the subject/s will be given "Pass Class" only. Application for examination should be made online from the Institute's website www.iibf.org.in. st No physical form will be accepted by the Institute with effect from 1 January, 2013. The Institute has developed a courseware to cover the syllabus. Candidates are advised to make full use of the courseware and also the updates put on the IIBF website from time to
- 3. 3 time. However, as banking and finance fields are dynamic, rules and regulations witness rapid changes. Hence, candidates should keep themselves updated on latest developments by going through Master Circulars issued by RBI, visiting the websites of organizations like RBI, SEBI, BIS etc. The Institute has published study books and work books to facilitate study and they will be available at outlets / showrooms / distributors of M/s. Macmillan Publication India Ltd. and M/s.Taxmann Publication Pvt. Ltd. as under : Study books in English Medium : Macmillan Publication India Ltd. Study books in Hindi Medium : Taxmann Publication Pvt. Ltd. Work book in English Medium : Taxmann Publication Pvt. Ltd. The price of each book and detailed list of outlets is mentioned below. Candidates may purchase directly from outlets / showrooms / distributors of the above. Candidates who purchase books directly from outlets of publishers will be offered a discount of 20% on the cost price of the book. Candidates desirous of purchasing books by post will not be offered any discount. However the postage will be borne by publishers. Candidates would be required to send their indent to publishers’ outlet along with a Demand Draft for the cost of book/s. The Demand Draft should be drawn in favour of M/s. Taxmann Publication Pvt. Ltd. and or M/s. Macmillan Publication India Ltd. as the case may be. (No cheques will be accepted). Candidates are requested not to send any request for the purchase of books to the Institute’s Zonal Offices / Corporate Office. ENGLISH MEDIUM Name of the Book Price Principles & Practices of Banking `550.00 Accounting & Finance for Bankers `400.00 Legal & RegulatoryAspects of Banking `400.00 Name of the Book Price Banking ke Siddhant `870.00 Bankaron ke liye Lekhankan Evam Vitt `600.00 Banking ke Vidhik Paksh `700.00 HINDI MEDIUM (For price details refer website*)
- 4. 4 ADDRESSES OF STUDY MATERIAL PUBLISHERS Addresses of Macmillan Publishers India Pvt. Ltd. Branches & Showrooms for English Medium Books New Delhi 2/10 Ansari Road, Daryaganj, New Delhi-110002 Phone : (011) 23273624 / 23273814 / 47972200 E-mail : mildel@macmillan.co.in Kolkata Unit No 302, L&T Chambers, (3rd Floor), 16 Camac Street, Kolkata-700017 Phone : (033) 22834481-5 E-mail : milcal@macmillan.co.in Chennai 21 Patullos Road, Chennai-600002 Phone : (044) 28520646 / 30915100 E-mail : rnilmds@macmillan.co.in Bhopal 76 Malviya Nagar, TT Nagar, Bhopal-462003 Phone : (0755) 2553895 / 2576029 E-mail : milbho@macmillan.co.in Chandigarh First Floor, SCO 91, Sector 44 C, Chandigarh-160047 Phone : (0172) 2611561/ 5088291 Email : milchd@macmillan.co.in Cuttack Maitree Vihar, Link Road, Cuttack-753012 Phone : (0671) 2311979 / 2331979 E-mail : milcut@macmillan.co.in Guwahati S. C. Goswami Road, Pan Bazar, Guwahati-781001 Phone : (0361) 2516564 / 2633529 E-mail : milguw@macmillan.co.in Jaipur B-48 Sahkar Marg, Opp. Imliwala Phatak, Lai Kothi Scheme, Jaipur - 302015 Phone : (0141) 2741308 E-mail : miljai@macmillan.co.in Lucknow 17/1, Mudra Building, Madan Mohan Malviya Marg, Lucknow-226001 Phone : (0522) 2209780 / 2208810 E-mail : milluc@macmillan.co.in Mumbai 404, Antariksh, Makwana Road, Off. Marol Maroshi Road, Marol, Andheri East, Mumbai-400059 Phone : (022) 42152803/ 04 E-mail : mumvpo@macmillan.co.in Mumbai Mercantile House, Magazine Street, Reay Road (East), Mumbai-400010 Phone : (022) 23724401 / 23726017 / 23741423 Nagpur G9-11, Achraj Towers- II, Chhaoni, Nagpur-440013 Phone : (0712) 2593103 / 2552595 E-mail : milngp@macmillan.co.in Patna Sinha Kothi, Sinha Library Road, Patna-001 Phone : (0612) 2232550 / 2224348 E-mail : milpat@macmillan.co.in Pune Plot no.17, 1st floor, Swastishree Co-op Hsg. Society Ltd., Ganesh Nagar, Karve Nagar, Pune-411052 Phone : (020) 25420321 / 22 E-mail : milpun@macmillan.co.in Bangalore Jaico Publishing House, 14/1, 1st Main Road, 6th Cross, Gandhi Nagar, Bangalore-560009 Phone : 080-22267016 / 22257083 E-mail : bangalore.sales@jaicobooks.com The BOOKWORM - Good Books Great Prices No. 80/1, Shrunghar Shopping Complex, M. G. Road, Bangalore-560001 Phone : (080) 40913205, Mob. 9854076757 E-mail : kris.bookworm@gmail.com The BOOKWORM - Good Books Great Prices No. 32 Basement, Brigade Road, Cross Brigade Rd., Below Prabhu Digitals, Bangalore-560001 Phone : (080) 41126755, Mob. 9845076757 E-mail : krishana_ruk@yahoo.com E. R. Manoharan UBS Publisher's & Distributors Pvt. Ltd., No. 148, Mysore Road, Bangalore-560026 Phone : (080) 26756671-73 E-mail : manohar@bngm.ubspd.com Madurai M/s. Selvi Book, Shop. 92, Nethaji Road, Near New Arya Bhavan Signal, Madurai-625001. Phone : (0452) 4380169 / 2343510 E-mail : selvibookshop@yahoo.com Trichy M/s. Golden Book House, No. 5, First Floor, Vignesh Aparna, New Bishop Heber Colleg, Vayalur Road, Puthoor, Trichy-620017 E-mail : goldenbookhouse1@gamil.com Tanjore M/s. Sri Murugan Publications, Raja Rajan Vanigga Valaga Arangam, Southrampet, Tanjore-613001 Phone : (04362) 272922 / 272168 Palayamkottai M/s. Eagle Book Centre, 168 Trivandrum Road, Opp to VOC Ground, Palayamkottai-627002 Phone : (0462) 2578899 Trichy M/s. International Books, 76, Nandhi Koil Street, Trichy-620002 Phone : (0431) 2703743 E-mail : intbok@yahoo.co.in, ntbok@gmail.com
- 5. 5 ADDRESSES OF TAXMANN PUBLICATION PVT. LTD. Branches & Showrooms for Hindi Medium Books and Workbook TUTORIAL/ CONTACT PROGRAMMES SYLLABUS Tutorial / Contact programmes will be organized by the Institute / accredited Institutions. For further details candidates may get in touch with Zonal Office or logon to the Institute's website www.iibf.org.in. The details of the prescribed syllabus which is indicative are furnished in the booklet. However, keeping in view the professional nature of examinations, all matters falling within the realm of the subject concerned will have to be studied by the candidate as questions can be asked on all relevant matters under the subject. Candidates appearing for the Examination should particularly prepare themselves for answering questions that may be asked on the latest developments taking place under the various subjects of the said examination although those topics may not have been specifically included in the syllabus. The Institute also reserves to itself the right to vary the syllabus / rules / fee structure from time to time. Any alterations made will be notified from time to time. Further, questions based on current developments in banking and finance may be asked. Candidates are advised to refer to financial news papers / periodicals more particularly "IIBF VISION" and "BANK QUEST" published by the Institute. Jaina Book Agency 649-A, Girgaum Road, Dhobi Talao, Mumbai - 400 002 Tel. : 22012143, 22018485 Asia Law House Shop No. 10, Aiyangar Plaza, Between UTI & Central Bank Bank Street Kothi, Hyderabad - 500 095 Tel. : 24742324 Standard Book Distributors 104, Labh Complex, 12-B, Sattar Taluka Society, Opp.Old High Court Rd., Ahmedabad - 380 014 Tel. : 7540731,7540732 Student Book Centre 527, Kalbadevi Road, Opp. Edward Cinema, Mumbai - 400 002 Tel. : 22050510, 22080668 Commercial House 149, Rajendra Market, Opp. Tis Hazari Court, Delhi - 110 054 Tel. : 23947862, 23947863 Book Corporation 4, R. N. Mukherjee Road, Kolkata - 700 001 Tel. : 22101089, 22206669, 31000405 Student Agencies (I) Pvt. Ltd. 102, Konark Shram, Behind Everest Building, 156,Tardeo Road, Mumbai - 400 034 Tel. : 2351334-37 C. Sitaraman & Co., 37, Royapettah High Road, Chennai-600 014 Tel. : 28111516, 28117069, 28113950 Law Point 6C, R. N. Mukherjee Road, Opp. Birla Building, Stephen House, Kolkata - 700 011 Tel. : 22101821 Krishna Law House 35-36, Gokhale Market, Opp. Tis Hazari Court, Delhi -110 054 Tel. : 23969866, 23919317 Book Corporation 108, Nandan Complex, Near Mithkhali Rly. Crossing, Mithakhali, Ahmedabad - 380006 Tel. : 6465385 Puliani & Puliani Ground Floor, Sujatha Complex, 1st Cross Gandhinagar, Bangalore - 560 009 Tel. : 2265500, 2254052 Modern Law House 1/1, A. D. A. Flat, (Near Bishop Johnson School), M. G. Marg, Allahabad - 211001 Tel. : 2560700, 2560616 Arora Law Agency Shivala Road, Hussainpura, Amritsar - 143 001 Tel. : 2584548 Commercial Book House LG-2, 23, Aakarshan Bhawan, Anasari Road, Darya Ganj, New Delhi - 110 002 Tel. : 23267860 M/s. Taxmann Publication Pvt. Ltd. 35, Bodke Building, M.G. Road, Opp. Mulund Railway Station, Mulund (West), Mumbai - 400 080 Tel. : 022-25934807/32516684/25644807 E-mail: nileshbhanushali@taxmann.com M/s. Taxmann Publication Pvt. Ltd. 59/32, New Rohtak Road, New Delhi - 110 005 Tel. : 011-45562222 E-mail: sales@taxmann.com M/s. Taxmann Publication Pvt. Ltd. 7, Abhinav Arcade, Ground Floor, Nr. Bank of Baroda, Pritam Nagar, Paldi, Ahmedabad - 380 007 Cell : 9909984900 E-mail: bdurgaprasad@taxmann.com
- 6. 6 SYLLABUS (Effective May / June 2015 Examinations) Paper-1 : Principles and Practices of Banking ModuleA: Indian Financial System Module B : Functions of Banks Module-C : Banking Technology Module-D : Support Services : Marketing of Banking Services / Products 1) Indian Financial System : An Overview - Role of RBI, Commercial Banks, NBFCs, PDs, FIs, Cooperative Banks, CRR, SLR; Equity & Debt Market; IRDA 2) Banking Regulation - Constitution, Objectives, Functions of RBI; Tools of Monetary Control; Regulatory Restrictions on Lending 3) Retail Banking, Wholesale and International Banking - Retail Banking- Products, Opportunities; Wholesale Banking, Products; International Banking, Requirements of Importers & Exporters, Remittance Services; Universal Banking;ADRs; GDRs; Participatory Notes 4) Role Of Money Markets, Debt Markets & Forex Market - Types of Money & Debt Market Instruments incl. G-Secs;ADs, FEMA, LIBOR, MIBOR, etc. 5) Role and Functions of Capital Markets, SEBI - Overview of Capital Market; Stock Exchange; Commonly used Terms; Types of Capital Issues; Financial Products / Instruments including ASBA, QIP; SEBI; Registration of Stock Brokers, Sub-brokers, ShareTransferAgents, etc; QIBs; 6) Mutual Funds & Insurance Companies, Bancassurance & IRDA - Types of Mutual Funds, its Management & its Role; Role & Functions of Insurance Companies; Bancassurance; IRDA 7) Factoring, Forfaiting Services and Off-Balance Sheet items - Types & advantages of Factoring & forfaiting services;Types of off balance sheet items 8) Risk Management, BaselAccords - Introduction to Risk Management; Basel I, II & IIIAccords 9) CIBIL, Fair Practices Code for Debt Collection, BCSBI - Role and Functions of CIBIL; Fair Practices Code for Debt Collection; Codes of BCSBI 10) Recent Developments in the Financial System - Structure, Reforms in the Indian Financial System; recent developments in Money, Debt, Forex Markets; Regulatory Framework; Payments and Settlement System 1) Banker Customer Relationship - Types; Different Deposit Products & Services; Services to Customers & Investors 2) KYC /AML/ CFTnorms - PMLA Act; KYC Norms 3) Bankers' Special Relationship - Mandate; POA; Garnishee Orders; Banker's Lien; Right of Set off 4) Consumer Protection - COPRA, Banking Ombudsman Scheme - Operational Aspects of COPRAAct & Banking Ombudsman Scheme 5) 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; ChequeTruncation System 6) Opening accounts of various types of customers - Operational Aspects of opening and Maintaining Accounts of DifferentTypes of Customers includingAadhar, SB Rate Deregulation 7) Ancillary Services - Remittances; Safe Deposit Lockers; Govt. Business; EBT 8) Cash Operations - Cash Management Services and its Importance 9) 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 10) Priority SectorAdvances -Targets; Sub-Targets; Recent Developments 11) Agricultural Finance -Types ofAgricultural Loans; Risk Mitigation in agriculture (NAIS, MSPetc) 12) Micro, Small and Medium Enterprises - MSMED Act, 2006 Policy Package for MSMEs; Performance and Credit Rating Scheme; Latest Developments 13) Government Sponsored Schemes - SGSY; SJSRY; PMRY; SLRS 14) Self Help Groups - Need for & Functions of SHGs; Role of NGOs in Indirect Finance to SHGs; SHGs & SGSY Scheme; Capacity Building 15) Credit 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 16) Documentation -Types of Documents; Procedure; Stamping; Securitisation 17) Different Modes of Charging Securities -Assignment; Lien; Set-off; Hypothecation; Pledge; Mortgage 18) 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 19) Non PerformingAssets - Definition; Income Recognition;Asset Classification; Provisioning Norms; CDR 20) Financial Inclusion - BC; BF; Role of ICTin Financial Inclusion, Mobile based transactions, R SETI 21) Financial Literacy - Importance of financial literacy, customer awareness 1) Essentials of Bank Computerization - Computer Systems; LANs; WANs; UPS; Core Banking 2) Payment Systems and Electronic Banking - ATMs; HWAK; PIN; Electromagnetic Cards; Electronic Banking; Signature Storage & Retrieval System; CTS; Note & Coin Counting Machines; Microfiche; NPC; RUPAY 3) 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; FundsTransfer Systems; Recent Developments in India 4) Role of Technology Up gradation and its impact on Banks - Trends in Technology Developments; Role & Uses of Technology Up gradation; GlobalTrends; Impact of ITon Banks 5) Security Considerations - Risk Concern Areas; Types of Threats; Control Mechanism; Computer Audit; IS Security; ISAudit; Evaluation Requirements 6) Overview of ITAct - Gopalakrishna Committee Recommendations 7) Preventive Vigilance in Electronic Banking - Phishing; Customer Education; Safety Checks; Precautions 1) Marketing -An Introduction - Concept; Management; Products & Services; Marketing Mix; Brand Image 2) Social Marketing / Networking - Evolution, Importance & Relevance of Social Marketing / Networking 3) Consumer Behaviour and Product - Consumer Behaviour; Product Planning, Development, Strategies, etc; CRM 4) Pricing - Importance, Objectives, Factors, Methods, Strategies of Pricing; Bank Pricing 5) Distribution - Distribution Channels; Channels for Banking Services; Net Banking; Mobile Banking 6) Channel Management - Meaning, Levels, Dynamics,Advantages 7) Promotion - Role of Promotion in Marketing; Promotion Mix
- 7. 7 8) Role Of Direct Selling Agent / Direct Marketing Agent in a bank - Definition; Relevance; Banker as DSA/DMA; Delivery Channels in Banks; Benefits 9) Marketing Information Systems – a longitudinal analysis - Functions & Components of MKIS; MKIS Model; Use of Computers & Decision Models; Performance of MKIS;Advantages 1) Calculation of Interest and Annuities - Calculation of Simple Interest & Compound Interest; Calculation of Equated Monthly Instalments; Fixed and Floating Interest Rates; Calculation of Annuities; Interest Calculation using Products / Balances;Amortisation of a Debt; Sinking Funds 2) Calculation of YTM - Debt - Definition, Meaning & Salient Features; Loans; Introduction to Bonds; Terms associated with Bonds; Cost of Debt Capital; Bond value with semi-annual Interest; Current Yield on Bond; Calculation of Yield-to-Maturity of Bond; Theorems for Bond Value; Duration of Bond; Properties of Duration; Bond Price Volatility 3) Capital Budgeting - Present Value and Discounting; Discounted Technique for Investment Appraisal; Internal Rate of Return (IRR); Method of Investment Appraisal; NPV and IRR compared; Investment Opportunities with Capital Rationing; Investment Decision making under condition of uncertainty; Expected NPV Rule; Risk Adjusted Discount Rate Approach for NPV Determination; Sensitivity Analysis for NPV Determination; Decision TreeAnalysis for NPV Estimation; Payback Methods;ARR. 4) Depreciation and itsAccounting - Depreciation, its types and methods; Comparing Depreciation Methods 5) Foreign Exchange Arithmetic - Fundamentals of Foreign Exchange; Forex Markets; Direct and Indirect Quote; Some Basic Exchange Rate Arithmetic – Cross Rate, Chain Rule, Value date, etc.; Forward Exchange Rates – Forward Points;Arbitrage; Calculating Forward Points; Premium/discount; etc. 1) Definition, Scope andAccounting Standards- Nature and Purpose ofAccounting; Historical Perspectives; Origins of Accounting Principles; Accounting Standards in India and its Definition and Scope; Generally Accepted Accounting Principles of USA (US GAAP); Transfer Pricing; Overview of IFRS; Difference between GAAP & IFRS. 2) Basic Accountancy Procedures - Concepts of Accountancy; Entity Going Concern Entity; Double Entry System; Principle of Conservatism; Revenue Recognition and Realisation;Accrual and Cash Basis. 3) Maintenance of Cash / Subsidiary Books And Ledger - Record Keeping Basics; Account Categories; Debit and Credit Concepts;Accounting and ColumnarAccounting Mechanics; Journals; Ledgers; subsidiary books; etc. 4) Bank Reconciliation Statement - Need for Bank Reconciliation; Causes of Differences; Preparation of Bank Reconciliation Statement; 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. 5) 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; SuspenseAccount and Rectification; Rectification of Errors when Books are closed;Adjusting and Closing Entries. 6) Capital and Revenue Expenditure - Expenditure; Distinction between Capital and Revenue Expenditure; Deferred Revenue Expenditure; Receipts; General Illustrations. 7) 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 etc. 1) Balance Sheet Equation - Balance Sheet Equation; Computation of Balance Sheet Equation. 2) Preparation of Final Accounts - Preparation of Trading A/C; Profit and Loss A/C; Profit & Loss Appropriation Account; Balance Sheets 3) RatioAnalysis - Meaning ofAccounting Ratios; Classification of Ratios; Uses ofAccounting Ratios; Limitations of Accounting Ratios; Calculation and interpretation of various Ratios; Different Users and their Use of Ratios. 4) FinalAccounts 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 Accounts; Preparation and Presentation of Financial Statements of Banks; CMA Format; Accounting Treatment of Specific Items; Preparation of Profit and LossAccount; Comments on Profit and LossAccount; Important Items of Balance Sheet; Disclosure Requirements of Banks;Additional Disclosures prescribed by RBI; Disclosures required under BASELnorms. 5) Company Accounts I & II - Definition and Types of Companies; Distinction between Partnership and Limited Liability Company; Classes of Share Capital; Issue of Shares; General Illustrations Non-voting Shares; Form of Balance Sheet; Legal Requirements forAssets; Legal Requirements for Liabilities; Legal Requirements for Profit & LossA/c; Preparation of FinalAccounts 6) Accounting in a Computerized Environment - Meaning, Features of and Terms used in ComputerizedAccounting; Difference between Computerized and Manual Accounting; Advantages and Disadvantages of Computerized Accounting; Functions performed by Computerized Accounting Softwares available in the Market; Computerization – Scope and Experiences in Banking; The Core Banking Components; Information Security; Internet and World Wide Web – Influences on Banking 1) Banking Operations & Accounting Functions - Preparation of Vouchers, cash receipt and payment entries, clearing inward and outward entries, transfer debit and credit entries, what is KYC and what are the different documents to satisfy KYC, verify KYC and authenticity of documents, operational aspects in regard to opening of all types of accounts, scrutiny of loan applications/documents, allowing drawals and accounting entries involved at various stages, operational aspects of CBS environment etc., Back office operations in banks, handling of unreconciled entries in banks. 1) Legal Framework of Regulation of Banks - Business of Banking; Constitution of Banks; RBI Act, 1934; Banking RegulationAct, 1949; Role of RBI; Govt. as a Regulator of Banks; Control over Cooperative Banks; Regulation by otherAuthorities. 2) Control Over Organization of Banks - Licensing of Banking Companies; Branch Licensing; Paid up Capital and Reserves; Shareholding in Banking Companies; Subsidiaries of Banking Companies; Board of Directors; Chairman of Banking Company; Appointment of Additional Directors; Restrictions on Employment; Control over Management; Corporate Governance; Directors and Corporate Governance. 3) Regulation of Banking Business - Power of RBI to Issue Directions; Acceptance of Deposits; Nomination; Loans and Advances; Regulation of Interest Rate; Regulation of Payment Systems; Internet Banking Guidelines; Paper - 2 : Accounting & Finance for Bankers ModuleA: Business Mathematics and Finance Module B : Principles of Bookkeeping &Accountancy Module C : FinalAccounts Module D : Banking Operations Paper-3 : Legal and Regulatory Aspects of Banking ModuleA: Regulations and Compliance
- 8. 8 Regulation of Money Market Instruments; Banking Ombudsman; Reserve Funds; Maintenance of CRR, SLR; Assets in India. 4) Returns Inspection, Winding up, Mergers & Acquisitions - Annual Accounts & Balance Sheet; Audit & Auditors; Submission of Returns; Preservation of Records and Return of Paid Instruments; Inspection and Scrutiny; Board for Financial Supervision; Acquisition of Undertakings; Amalgamation of Banks; Winding up of Banks; Penalties for offences. 5) Public Sector Banks and Cooperative Banks - SBI and its Subsidiaries; Regional Rural Banks; Nationalized Banks;Application of BRAct to Public Sector Banks; Disinvestment of Shares by Govt.; Cooperative Banks 6) Financial Sector Legislative Reforms - Need, Approach for Financial Sector Legislative Reforms; Important Reforms 7) Recent Legislative Changes in RBIAct - Recent Legislative Changes in RBIAct, Need thereof 8) Financial Sector Development Council - Role and Functions of Financial Sector Development Council 1) DifferentTypes of Borrowers -Types of Borrowers; Limited Liability Partnership 2) Types of Credit Facilities - Cash Credit, Overdraft, Demand Loans,Term Loans, Bill Finance 3) Secured and Unsecured Loans, Registration of Firms and Incorporation of Companies - Definition of Secured and Unsecured loans; Need for Secured Loans; Registration of Firms; Consequences of Non-registration of Firms; Incorporation of a Company 4) Indemnities - Definition of Contract of Indemnity; Features of Indemnity Contract & Guarantee; Scope and Application of Indemnity Contracts to Banks; Obligations of a Banker; Precaution & Rights of an Indemnity Holder 5) Bank Guarantees - Definition and Types of Bank Guarantees; Banker's Duty to Honour Guarantee; Precautions to be taken for Issuance of Bank Guarantee; Precautions to be taken for Payment under Bank Guarantee; Invocation & Enforcement. 6) Letters of Credit - General Considerations of Letters of credit; Parties to a Letter of credit; Types of Letters of credit; Documents under a Letter of credit; UCPDC 600; Banks obligation for payment of Letter of credit. 7) Deferred Payment Guarantees - Purpose of DPGs; Methods of Payment 8) Laws Relating to Bill Finance - Class of Bills and Laws Governing Bills; Classification of Bills; Categories of Bill Finance; Bill Finance and Legal Position of Banker 9) VariousTypes of Securities -Types of Securities; EscrowArrangements;Trust and RetentionArrangements. 10) Laws Relating to Securities and Modes of Charging – I - Mortgage;Types of Mortgage; Enforcement of Mortgages 11) Laws Relating to Securities and Modes of Charging – II - Lien; Pledge; Hypothecation; etc. 12) Registration and Satisfaction of Charges - Definition of Charge; Procedure for Registration of Charge; Effect of Non-registration of Charges; Provisions of Law relating to Registration of Charges 13) Case Laws on Responsibility of Paying Bank - Negotiable Instruments Act and Paying Banks; Liability of Paying Banker; Payment in due course; Payment in Good Faith; Whether Payment under Mistake Recoverable 14) Case Laws on Responsibility of Collecting Bank - Statutory protection to Collecting Bank; Duties of Collecting Bank 1) Recovery of Debts due to Banks and Financial Institutions Act, 1993(DRTAct) - Objective of the Act, Constitution ofTribunal, Procedure to be followed, Enforcement process 2) Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act (SARFAESI) - Constitutional Validity; Definitions; Regulation & Reconstruction; Enforcement of Security Interest; Central Registry; Offences & Penalties; Miscellaneous Provisions 3) Banking Ombudsmen Scheme - Purpose; Extent; Definitions; Establishment; Powers; Procedure for Redressal Grievance 4) Bankers Books EvidenceAct, 1891 -Applicability; Definition; Important Provisions 5) The Legal ServicesAuthoritiesAct, 1987 - LokAdalats- Organisation; Jurisdiction; Disposal of Cases;Awards 6) The Consumer Protection Act, 1986 and CERSAI - Preamble, Extent & Definitions; Consumer Protection Councils; Consumer Disputes Redressal Agencies; Objectives and important provisions of Central Registry of SecuritisationAsset Reconstruction and Security Interest of India 7) The Law Of Limitation - Definition; Computation of Limitation; Important Provisions in schedule to the Limitation Act 8) Tax Laws - IncomeTax; Fringe BenefitTax; Banking CashTransactionTax; ServiceTax 9) Negotiable InstrumentsAct, 1881 -Applicability; Definition; Important Provisions 10) Payment & Settlements SystemsAct, 2007 -Applicability; Definition; Important Provisions 1) Indian Contract Act, 1872 - Meaning and essentials of contract; Contract of Indemnity & Rights of Indemnity Holder; Contract of Guarantee; Contract of Bailment; Contract of Pledge; Contract ofAgency 2) The Sale of GoodsAct, 1930 - Features; Sale &Agreement to Sell; Conditions and Warranties; Express & Implied; Rights of Unpaid Seller 3) Indian Partnership Act, 1932 - Definition & Types of Partnerships; Relation of partners to one another & to third Parties; Minor admitted to benefits of partnership; Dissolution of a firm; Effect of non registration; Limited liability partnerships-formation, registration, rights and liabilities of partners 4) Definition and features of a company - Definition & Features of a Company; Distinction between Company and Partnership 5) The CompaniesAct, 1956 - Definition, Features & Types of companies; Memorandum andArticles ofAssociation; Doctrine of Ultra Vires, Constructive Notice, Indoor Management; Membership of Company- Acquisition, Cessation, Register, Rights & Duties of Members, Prospectus; Directors; Winding up of Companies 6) Foreign Exchange Management Act, 1999 - Important Terms; Powers of RBI, Regulation and Management; Directorate of Enforcement 7) Transfer of Property Act, 1882 - Sale, Mortgage of Immovable Property; Types of Mortgages; Sale with and without court intervention; Lease of Immovable Property 8) The Right to InformationAct, 2005 -Applicability; Definition; Important Provisions 9) Right To Information and Obligation of Public Authorities - Obligations; Procedure; Disposal; Appeal; Orders; Penalties. 10) The Prevention of Money Laundering Act, 2002 - Obligations; Records to be Maintained; Procedure for Maintaining & Furnishing Information; Maintenance & Verifications of Records of Identity of Clients. 11) Information Technology Act, 2000 - Definitions; Electronic Governance; Certifying Authorities; Digital Signature Certificates; Penalties;Appeal. Module B : Legal aspects of Banking Operations Module C : Banking Related Laws Module D : Commercial Laws with reference to Banking Operations
- 9. 9 COURSES OF IIBF A. Flagship Courses (for Members*) B. Specialised Diploma Courses (for Members* and Non-Members**) C. Certificate Courses (for Members* and Non-Members**) D. Specialised Blended Certificate Courses E. Management Courses Educational support : Other activities : JAIIB CAIIB Diploma in Banking Finance (Only for Non-Members) Diploma inTreasury, Investment and Risk Management Diploma in BankingTechnology Diploma in International Banking and Finance Advanced Diploma in Urban Co-operative Banking Diploma in Commodity Derivatives for Bankers Advanced Wealth Management Course Diploma in Home LoanAdvising Certificate inTrade Finance Certified Information System Banker Certificate inAnti-Money Laundering / KnowYour Customer Certificate in Quantitative Methods for Bankers Certificate in Credit Cards for Bankers Certificate Examination in Banking Oriented Paper in Hindi Certificate Examination in SME Finance for Bankers Certificate Examination in Customer Service Banking Codes and Standards Certificate Examination in CAIIB - Elective Subjects Certificate Examination in Basics of Banking / Credit Card Operations / Functions of Banks for employees of ITCompanies Certificate Course for Business Correspondents / Business Facilitators Certificate Examination for Debt RecoveryAgents Certificate Examination in ITSecurity Certificate Examination in Rural Banking Operations for RRB Staff Certificate Examination in Prevention of Cyber Crimes and Fraud Management Certificate Examination in Foreign Exchange Facilities for Individuals Certificate Examination in Microfinance Certified BankTrainer Certified Banking Compliance Professional Certified Credit Officer CertifiedTreasury Dealer Project Finance Management with IFMR, Chennai Advanced Management Program CAIIB linked MBAwith IGNOU. Publishing specific courseware for each paper / examination and Workbooks etc. Classroom learning through Accredited Institutions, Video Classes, e-learning through Portal, Contact Classes or Campus Training - Model Questions and subject updates on the net Research, Seminars, Conferences, Lectures, etc. Publications of books, Daily e-newsletter, monthly newsletter and quarterly journal Training Consultancy and Financial Education * Members are employees of Banks and Financial Institutions who have enrolled as members of IIBF. ** Non-Members are eligible candidates for each course / examination without IIBF Membership. The Rules Syllabus and other information pertaining to the examinations are available with Institute's Offices at Mumbai, Chennai, New Delhi, Kolkata and also at such other centers / offices as may be notified from time to time.The same is also available at our website www.iibf.org.in.
- 10. 10 ADDRESSES FOR CONTACT QualityPrinters(I)Ph.24922297 PRESIDENT Shri K. R. Kamath, Chairman Managing Director, Punjab National Bank VICE PRESIDENTS Shri M. V. Tanksale, Chairman Managing Director, Central Bank of India Shri Rana Kapoor, Managing Director Chief Executive Officer,YES Bank Representing Reserve Bank of India Shri S. Karuppasamy, Executive Director Representing State Bank of India and its Associate Banks Shri Pratip Chaudhuri, Chairman, State Bank of India Shri B. V. Choubal, Deputy Managing Director CDO, State Bank of India Shri M. Bhagavantha Rao, Managing Director, State Bank of Hyderabad Representing Public Sector Banks Shri Arun Kaul, Chairman Managing Director, UCO Bank Shri M. Narendra, Chairman Managing Director, Indian Overseas Bank Shri T. M. Bhasin, Chairman Managing Director, Indian Bank Smt. Vijayalakshmi Iyer, Chairperson Managing Director, Bank of India Smt. Shubhalakshi Panse, Chairperson Managing Director,Allahabad Bank Shri B. A. Prabhakar, Chairman Managing Director,Andhra Bank Representing Financial Institutions Shri T. C. A. Ranganathan, Chairman Managing Director, Export - Import Bank of India Representing Private Sector Banks ShriAnanthakrishna, Chairman Managing Director, Karnataka Bank Ltd. Representing Co-operative Banks Shri S. K. Banerji, Managing Director, The Saraswat Co-op. Bank Ltd. Representing other Bodies / Experts Prof. Y. K. Bhushan, Senior Advisor, ICFAI Business School Shri Allen C. A. Pereira, Director, National Institute of Bank Management (NIBM) Dr. K. Ramakrishnan, Chief Executive, Indian Banks’Association (IBA) Prof. H. Krishnamurthy, Cheif Research Scientist, Indian Institute of Science Shri B. Sambamurthy, Director, Institute for Development and Research in Banking Technology Shri A. S. Bhattacharya, Director, Institute of Banking Personnel Selection From IIBF Dr. R. Bhaskaran, ChiefExecutiveOfficer MEMBERS OF THE GOVERNING COUNCIL (As on 01/01/2013) Corporate Office : Indian Institute of Banking Finance Kohinoor City, Commercial-II, Tower-1, 2nd Floor, Kirol Road, Kurla (West), Mumbai - 400 070 Tel : 022-2503 9746 / 9604 / 9907 Fax : 022-2503 7332 E-mail : iibfgen@bom5.vsnl.net.in Northern Zonal Office : Indian Institute of Banking Finance 109-113, Vikrant Towers, 1st Floor, 4, Rajendra Place, New Delhi - 110 008 Tel. : 91-011-2575 2191/92 Fax : 91-011-2575 2193 E-mail : iibfnz@iibf.org.in Southern Zonal Office : Indian Institute of Banking Finance No.94, Jawaharlal Nehru Road, (100 Feet Road), Opp. Hotel Ambica Empire, Vadapalani, Chennai - 600 026 Tel. : 044-2472 2990/2472 7961 Fax : 044-2472 6966 E-mail : iibfsz@iibf.org.in Western Zonal Office : Indian Institute of Banking Finance 191-F, Maker Towers, 19th Floor, Cuffe Parade, Mumbai - 400 005 Tel. : 022-2218 3302 / 2218 5134 Fax : 022-2218 0845 E-mail : iibfwz@iibf.org.in Eastern Zonal Office : Indian Institute of Banking Finance 408, 'Anandlok', 'A' Block, 4th Floor, 227, Acharya J. C. Bose Road, Kolkata - 700 020 Tel. : 033-2280 9681/82/83 Fax : 033-2280 9680 E-mail : iibfez@iibf.org.in