A Comprehensive Overview
The Indian Institute of Banking & Finance (IIBF) has outlined the syllabus for the JAIIB examination scheduled for November 2025. The examination will consist of four compulsory papers, each designed to test the knowledge and proficiency of banking professionals in various domains.
The four papers for the JAIIB November 2025 examination are:
- Paper 1: Indian Economy & Indian Financial System (IE&IFS)
- Paper 2: Principles & Practices of Banking (PPB)
- Paper 3: Accounting & Financial Management for Bankers (AFM)
- Paper 4: Retail Banking & Wealth Management (RBWM)
Each paper will be divided into modules, covering a wide range of topics pertinent to the banking and financial sector.
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Paper 1: Indian Economy & Indian Financial System (IE&IFS)
Module A: Indian Economic Architecture
- An 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
- Globalisation – Impact on India
- Economic Reforms
- Foreign Trade Policy, Foreign Investments and Economic Development
- International Economic Organizations (World Bank, IMF, etc.)
- Climate change and Sustainable Development Goals (SDGs)
- Issues facing the Indian Economy
Module B: Economic Concepts Related to Banking
- Fundamentals of Economics, Microeconomics, Macroeconomics and Types of Economies
- Supply and Demand
- Money Supply and Inflation
- Theories of Interest
- Business Cycles
- Monetary Policy and Fiscal Policy
- National Income and GDP Concepts
- Union Budget
Module C: Indian Financial Architecture
- Indian Financial System – An Overview
- Indian Banking Structure
- Banking Regulation Act, 1949 and its role
- Reserve Bank of India – Structure, Functions and Monetary Policy
- Credit Control and its Tools
- Development Financial Institutions (NABARD, SIDBI, etc.)
- Micro Finance Institutions
- Non-Banking Financial Companies (NBFCs)
- Insurance Companies
- Indian Financial System – Regulators and their roles
- Reforms & Developments in the Banking sector
Module D: Financial Products and Services
- Financial Markets
- Money Markets
- Capital Markets and Stock Exchanges
- Fixed Income Markets – Bonds & Debt Instruments
- Foreign Exchange Markets
- Interconnectedness of Markets and Market Dynamics
- Merchant Banking Services
- Derivatives Market
- Factoring, Forfaiting and Trade Receivables Discounting System (TReDS)
- Venture Capital
- Leasing and Hire Purchase
- Credit Rating and Credit Scoring
- Mutual Funds
- Insurance Products
- Pension Products (NPS)
- Para Banking and Financial Services provided by Banks
- Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs)
Paper 2: Principles & Practices of Banking (PPB)
Module A: General Banking Operations
- Banker-Customer Relationships
- AML-KYC Guidelines
- 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
- Cash Management Services and its Importance
- Payment and Collection of Cheques and Other Negotiable Instruments
- Responsibility of Paying and 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
- The Right to Information Act, 2005
Module 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
- Documentation
- Non-Performing Assets (NPA)
- Important Laws Relating to Recovery of Dues
- Contracts of Indemnity, Guarantee, Bailment & Pledge
- Priority Sector Advances
- Agricultural Finance
- Finance to Micro, Small and Medium Enterprises (MSMEs)
- Government Sponsored Schemes
- Self-Help Groups
Module C: Banking Technology
- Essentials of Bank Computerisation
- Operational Aspects of CBS Environment
- Alternate Delivery Channels – Digital Banking
- Data Communication Network and EFT Systems
- Digital Payment Systems – NPCI
- Impact of Technology on Banking
- Security Considerations and Mitigation Measures in Banks
- Operational Aspects of Cyber Crimes/Fraud Risk Management
- Technology trends in Banking
Module 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
Paper 3: Accounting & Financial Management for Bankers (AFM)
Module 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
- Bank Audit & Inspection
Module B: Financial Statements and Core Banking Systems
- Balance Sheet Equation
- Preparation of Final Accounts
- Company Accounts – I & II
- Cash Flow & Funds Flow Statements
- Final Accounts of Banking Companies
- Core Banking Systems (CBS) and Accounting in a Computerised Environment
Module C: Financial Management
- An Overview of Financial Management
- Ratio Analysis
- Financial Mathematics – Calculation of Interest and Annuities
- Financial Mathematics – Calculation of YTM (Yield to Maturity)
- Financial Mathematics – Forex Arithmetic
- Capital Structure and Cost of Capital
- Capital Investment Decisions/Term Loans
- Equipment Leasing/Lease Financing
- Working Capital Management
- Derivatives
Module D: Taxation and Fundamentals of Costing
- Taxation: Income Tax/TDS/Deferred Tax
- Goods & Services Tax (GST)
- An Overview of Cost & Management Accounting
- Costing Methods
- Standard Costing
- Marginal Costing
- Budgets and Budgetary Control
Paper 4: Retail Banking & Wealth Management (RBWM)
Module A: Retail Banking
- Retail Banking: Introduction
- Retail Banking: Role within the Bank Operations
- Applicability of Retail Banking Concepts and Distinction between Retail and Corporate/Wholesale Banking
- Branch Profitability
Module 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
- Digitisation of Retail Banking Products
- Role of AI and Technology in Retail Banking
- Recovery of Retail Loans
- Management Information Systems (MIS)
- Securitisation
Module C: Support Services – Marketing of Banking Services/Products
- Marketing – An Introduction
- Delivery Channels in Retail Banking
- Delivery Models
- Customer Relationship Management (CRM) in Retail Banking
- Service Standards for Retail Banking
- Marketing Information Systems – A Longitudinal Analysis
Module D: Wealth Management
- Importance of Wealth Management
- Investment Management
- Tax Planning
- Other Financial Services provided by Banks
- Additional Reading Material on Home Loans
- Lender’s Appraisal Procedure
- Housing Finance and Tax Planning
- Mortgage Advice
- Valuation of Real Property
This detailed list should give you a clear roadmap for your preparation. Good luck!