Books are one of the helpful resources for aspirants looking to prepare and qualify the CAIIB exam conducted by IIBF (Indian Institute of Banking and Finance). Choosing the right books for each compulsory and elective CAIIB subject can help you perform well in the exam.

In this article, we’ve carefully drafted a list of subject-wise books and other sources. The aim is to provide you with the most effective and resourceful reading materials to qualify all the CAIIB papers in one attempt. 

Best Books and Sources for CAIIB ABM Preparation

The CAIIB Paper 1 i.e Advanced Bank Management (ABM) consists of four modules: 

1. Module A: Statistics
2. Module B: Human Resource Management
3. Module C: Credit Management
4. Module D: Compliance in Banks & Corporate Governance

Here are the books and resources to cover each module of the CAIIB ABM Paper.

Advanced Bank Management by Macmillan (Modules A, B, C, and D)

Here is the module-wise book highlights:

Module A: Statistics

• Provides a comprehensive overview of statistical techniques relevant to banking and finance.
• Covers topics such as probability theory, hypothesis testing, and regression analysis.
• Equips readers with the quantitative skills necessary for data analysis and decision-making in banking operations.

Module B: Human Resource Management

• Focuses on the management of human capital within banking organizations.
• Covers topics such as recruitment, training, performance evaluation, and employee relations.
• Provides insights into best practices for building and managing a motivated and productive workforce in the banking sector.

Module C: Credit Management

• Explains the principles and practices of credit risk management in banks.
• Covers topics such as credit appraisal, credit scoring, and credit risk mitigation strategies.
• Provides practical guidance on managing credit portfolios and ensuring sound lending practices to minimize credit losses.

Module D: Compliance in Banks & Corporate Governance

• Explains the regulatory environment and corporate governance frameworks governing banking operations.
• Covers topics such as compliance requirements, internal controls, and ethical standards.
• Provides insights into the importance of compliance and corporate governance for maintaining trust, integrity, and sustainability in banking institutions.

Best Books for CAIIB ABM Preparation
SNo.	Books	Author	Publisher	Buy Here
1	Advanced Bank Management	IIBF	Macmillan	Buy Online

Other Recommended Sources

• Websites: RBI Regulations, RBI Guidelines, and RBI Circulars.
• Free Videos: YouTube Videos
• Telegram Channel: EduTap Telegram Channel
• Other Materials: IIBF e-Learning
• Online Courses: EduTap Comprehensive Course

Now that you have understood the important books and other resources for ABM, let’s take a look at the important topics you must cover to qualify the paper. 

Most Important Topics for the CAIIB ABM Paper

We have analyzed the number of questions asked in the previous years’ papers from each module of ABM to identify the most important topics. Here are the most important topics for the CAIIB ABM paper.

Module A: Statistics

Module A: Statistics
SNo.	Chapters	Important Topics
1	Introduction to Statistics	Collection of data  Frequency Distribution
2	Sampling Techniques	Types of Sampling  Concept of Standard Error Central Limit Theorem
3	Measures of Central Tendency	Mean – Arithmetic, Geometric, Harmonic  Median & Quartiles  Dispersion; Skewness & Kurtosis
4	Correlation & Regression	Correlation & Regression  Standard Error
5	Time Series	Variations – Cyclical, Seasonal, irregular  Trend Analysis & Forecasting
6	Theory of Probability	Types of events  Binomial Distribution  Standard Deviation of Random Variable
7	Estimation	Estimates – Interval & Point  Confidence Intervals  Proportion from Large Samples
8	Linear Programming	Graphic & Simplex method
9	Simulation	Simulation Exercise & methodology

Module B: Human Resource Management 

Module B: Human Resource Management
SNo.	Chapters	Important Topics
1	Fundamentals of HRM	Relationship b/w HRM and HRD Strategic HRM & Role of HR Manager
2	Development of HRM	Job analysis (JD, JS, and JE)  Training (SAT), Attitude (functions)  Career Planning, Talent Mgt, Succession  Self-Development (Motivation, locus of control, power base, transactional analysis)
3	Human Implications of Organizations	Behavioural Theories (Psychoanalytical, Self-concept, Left/Right Brain)  Motivation Theories (Talor, Mayo, Maslow, Herzberg, Vroom, Adams, Skinner)  Diversity & Gender issues
4	Employees’ Feedback and Reward System	Compensation theories  Job evaluation techniques
5	Performance Management	Appraisal Methods (MBO, 360 degree)  Competency Mapping, Assessment centers
6	Conflict Management and Negotiation	Meaning, Types & Reasons for Conflict Conflict Management (process, skills)
7	HRM and Information Technology	HRIS – HR Information System  HRMS – HR Management System  E-HRM, HR analytics

Module C: Credit Management

Module C: Credit Management
SNo.	Chapters	Important Topics
1	Overview of Credit Management	Components of Credit Management  Role of RBI Guidelines (PSL targets, exposure norms, MSME guidelines, etc.)  Asset classification & provisioning norms
2	Analysis of Financial Statements	Components & users of information  Key items of format (Companies Act ’13)  Techniques – Fund flow, ratios, trends
3	Working Capital Finance	RBI guidelines on rediscounting, TReDS  Commercial Paper, Factoring, Forfaiting
4	Term Loans	Deferred payment Guarantee  Project Appraisal (including infrastructure – types, and prudential requirements)
5	Credit Delivery	Third-Party Guarantees, Security Possession  Consortium lending and Syndication
6	Credit Control	Tools of Credit Control and Monitoring
7	Risk Management & Credit Rating	Internal & External Ratings  Use of Credit Derivatives & Concerns  RBI guidelines on credit risk management
8	Restructuring/Rehabilitation and Recovery	Stressed Assets, NPAs, Willful default  Options available to banks (Restructuring, DRTs, SARFAESI Act, Write Off, etc.)  RBI Guidelines & Frameworks
9	Resolution of Stressed Assets under IBC	Applicability, Legal Elements  Corporate Insolvency Resolution Process

Module D: Compliance in Banks and Corporate Governance

Module D: Compliance in Banks and Corporate Governance
SNo.	Chapters	Important Topics
1	Compliance function	Principles, Process & Procedures  Role of Chief Compliance Officer
2	Compliance Audit	Audit Committee, Head Internal Audit  Reporting Framework and Disclosure Requirements
3	Compliance governance Structure	Org. Structure- COO, BOD, Audit Committee  Compliance Structure – Corporate, Field  Internal Control
4	Identification of Compliance Issues	Compliance Issues & Compliance Risk  Loan Review Mechanism (Credit Audit)
5	Compliance Culture & GRC Framework	GRC Framework  Whistleblower policy
6	Compliance Function and Role of CCO in NBFCs	SBR (Scale Based Regulation) of NBFCs  Compliance function in NBFC – UL, ML
7	Fraud and Vigilance in Banks	Definition – Fraud, Forgery  Various types of present-day fraud  RBI Guidelines- fraud reporting & vigilance

Important Note:
You can find all these above-mentioned important topics in Macmillan’s Advanced Bank Management book.

Now that you are acquainted with the books, other resources, and important topics of Paper 1 i.e., ABM, let’s understand the important books and resources for the CAIIB Paper 2 – Bank Financial Management (BFM).

Best Books and Sources for CAIIB BFM Preparation

The CAIIB Paper 2 i.e. Bank Financial Management (BFM) consists of four modules: 

• Module A: International Banking
• Module B: Risk Management
• Module C: Treasury Management
• Module D: Balance Sheet Management

Here are the books and resources to cover each module of the CAIIB BFM Paper.

Bank Financial Management by Macmillan (Modules A, B, C, and D)

Here is the module-wise book highlights:

Module A: International Banking

• Explains the complexities of international banking operations in a globalized economy.
• Covers topics such as foreign exchange markets, international trade finance, and cross-border banking regulations.
• Provides insights into managing currency risks, expanding into international markets, and fostering international banking relationships.

Module B: Risk Management

• Focuses on identifying, assessing, and mitigating various types of risks faced by banks.
• Covers credit risk, market risk, liquidity risk, operational risk, and compliance risk.
• Discusses risk management strategies, stress testing, and regulatory requirements for risk management in banking.

Module C: Treasury Management

• Examines the role of the treasury function in managing a bank’s assets, liabilities, and overall financial position.
• Covers topics such as cash management, liquidity management, and investment management.
• Provides insights into treasury risk management, including interest rate risk and foreign exchange risk.

Module D: Balance Sheet Management

• Focuses on optimizing the balance sheet to achieve strategic objectives while managing risks.
• Covers asset-liability management (ALM), capital management, and funding strategies.
• Discusses techniques for managing interest rate risk, liquidity risk, and capital adequacy to ensure balance sheet stability.

Best Books for CAIIB BFM Preparation
SNo.	Books	Author	Publisher	Buy Here
1	Bank Financial Management	IIBF	Macmillan	Buy Online

Other Recommended Sources

• Websites: RBI Regulations, RBI Guidelines, and RBI Circulars.
• Free Videos: YouTube Videos
• Telegram Channel: EduTap Telegram Channel
• Other Materials: IIBF e-Learning

Now that you have understood the important books and other resources for BFM, let’s take a look at the important topics you must cover to qualify the paper. 

Most Important Topics for the CAIIB BFM Paper

We have analyzed the number of questions asked in the previous years’ papers from each module of BFM to identify the most important topics. Here are the most important topics for the CAIIB BFM paper.

Module A: International Banking

Module A: International Banking
SNo.	Chapters	Important Topics
1	Exchange Rates and Forex Business	Characteristics of Forex markets  RBI/FEDAI Guidelines  Foreign Exchange Arithmetic
2	Liberalised Remittance Scheme (LRS) and Other Remittance Facilities for Residents	Key sections under FEMA vis-à-vis Liberalised Remittance Scheme (LRS)  Capital Account Transactions
3	Correspondent Banking and NRI Accounts	Electronics modes of Transmission  NRI Accounts
4	Documentary Letters of Credit (LC)	Definition of LC  Parties involved in LC and their role  Uniform Customs and Practice for Documentary Credits
5	Facilities for Exporters and Importers	Export data Processing and Monitoring System (EDPMS)  Exchange and Trade Control Guidelines for Exporters & Importers  Trade Credit
6	External Commercial Borrowings and Foreign Investments in India	Concept of External Commercial Borrowings (ECBs)  Operational Guidelines
7	Risks in Foreign Trade – Role of ECGC	Types of Risks in International Trade  ECGC Ltd. – Role and Products
8	Role of EXIM Bank, Reserve Bank of India, Exchange Control in India-FEMA and FEDAI and Others	EXIM Bank – Role and functions
9	International Financial Service Centre (IFSC), GIFT City	Regulatory Framework with respect to IFSCs  Entities at GIFT City
10	Technology in International Banking	Digital Platforms in International Banking  FINTECH in International Banking

Module B: Risk Management 

Module B: Risk Management
SNo.	Chapters	Important Topics
1	Risk and Basic Risk Management Framework	Concept of Risk  Risk Management Framework
2	Risks in Banking Business	Risk Identification  Banking Risks – Definitions
3	Risk Regulations in Banking Industry	Basel III Accords
4	Market Risk	Market Risk Identification  Risk Measurement  Risk Reporting
5	Credit Risk	Measurement and management of Credit Risk  Credit Risk through Loan Review Mechanism (LRM)
6	Operational Risk and Integrated Risk Management	Concepts of Operational Risk and Integrated Risk Management  Operational Risk Management
7	Liquidity Risk Management	Liquidity Risk Management – Need & Importance  Overseas Operations of the Indian banks’ Branches and Subsidiaries and Branches of Foreign Banks in India
8	Basel-III Framework on Liquidity Standards	Liquidity Coverage ratio (LCR)  Net Stable Funding ratio (NSFR)

Module C: Treasury Management 

Module C: Treasury Management
SNo.	Chapters	Important Topics
1	Introduction to Treasury Management	Treasury Management – Concept
2	Treasury Products	Products of Forex Markets and Money Markets
3	International Equity and Debt Products	Regulatory environment  GDRs & IDRs
4	Funding and Regulatory Aspects	CRR & SLR  Liquidity Adjustment Facility (LAF)
5	Treasury Risk Management	Value at Risk (VaR)  Use of Derivatives in Risk Management
6	Derivative Products	Types of derivative Products  RBI guidelines on Risk Exposure
7	Treasury and Asset-Liability Management	Meaning of Asset-Liability Management

Module D: Balance Sheet Management

Module D: Balance Sheet Management
SNo.	Chapters	Important Topics
1	Components of Assets and Liabilities in Bank’s Balance Sheet and Their Management	Components of Assets and Liabilities in Bank’s Balance Sheet  Asset Liability management as Co-ordinated Balance Sheet Management
2	Capital Adequacy-Basel Norms	Pillars of Basel Norms
3	Asset Classification and Provisioning Norms	Asset Classification and NPAs  Insolvency and Bankruptcy Code, 2016 (IBC)
4	Liquidity Management	Meaning of Liquidity Risk Management  Types of Liquidity Risks
5	Interest Rate Risk Management	Sources of Interest Rate Risks  Interest Rate Risk Measurement Techniques  RBI Guidelines on Interest Rate Risk in Banking Book
6	RAROC and Profit Planning	Risk-Adjusted Return on Capital (RAROC)  Risk Aggregation and Capital Allocation  NaBFID

Important Note:
You can find all these above-mentioned important topics in Macmillan’s Bank Financial Management book.

Now that you are acquainted with the books, other resources, and important topics of Paper 2 i.e., BFM, let’s understand the important books and resources for the CAIIB Paper 3 – Advanced Business & Financial Management (ABFM).

Best Books and Sources for CAIIB ABFM Preparation

The CAIIB Paper 3 i.e. Advanced Business and Financial Management (ABFM) consists of four modules: 

1. Module A: The Management Process
2. Module B: Advanced Concepts of Financial Management
3. Module C: Valuations, Mergers, & Acquisitions
4. Module D: Emerging Business Solutions

Here are the books and resources to cover each module of the CAIIB ABFM Paper.

Advanced Business & Financial Management by Macmillan (Modules A, B, C, and D)

Here is the module-wise book highlights:

Module A: The Management Process

• Provides a comprehensive overview of the management process in the context of business and finance.
• Covers topics such as planning, organizing, leading, and controlling.
• Equips readers with essential managerial skills and frameworks for effective decision-making and leadership in financial contexts.

Module B: Advanced Concepts of Financial Management

• Explains advanced concepts and theories in financial management, building upon foundational principles.
• Covers topics such as capital budgeting, capital structure, dividend policy, and financial markets.
• Provides in-depth analysis and practical applications of financial management principles in complex business scenarios.

Module C: Valuations, Mergers, & Acquisitions

• Focuses on valuation techniques and strategies for mergers and acquisitions (M&A) in the corporate landscape.
• Covers methods for valuing businesses, assessing merger synergies, and structuring M&A deals.
• Provides insights into the financial, strategic, and regulatory aspects of M&A transactions.

Module D: Emerging Business Solutions

• Explains innovative business solutions and strategies for addressing contemporary challenges and opportunities.
• Covers topics such as fintech innovations, sustainable finance, and digital transformation.
• Provides insights into emerging trends and best practices in business and financial management.

Best Books for CAIIB ABFM Preparation
SNo.	Books	Author	Publisher	Buy Here
1	Advanced Business & Financial Management	IIBF	Macmillan	Buy Online

Other Recommended Sources

• Free Videos: YouTube Videos
• Telegram Channel: EduTap Telegram Channel
• Other Materials: IIBF e-Learning
• Online Courses: EduTap Comprehensive Course

Now that you have understood the important books and other resources for ABFM, let’s take a look at the important topics you must cover to qualify the paper. 

Most Important Topics for the CAIIB ABFM Paper

We have analyzed the number of questions asked in the previous years’ papers from each module of ABFM to identify the most important topics. Here are the most important topics for the CAIIB ABFM paper.

Module A: The Management Process

Module A: International Banking
SNo.	Chapters	Important Topics
1	Basics of Management	Functions of Management  Management Thoughts & Approaches  Business Environment Analysis
2	Planning	Fundamentals of Planning  Plan Components
3	Organizing	Types of Organisations  Organisational Change  Conflict Dynamics
4	Staffing	Facets of Staffing  Knowledge and Learning Management  Performance Appraisal
5	Directing	Characteristics of Directing  Leadership, Motivation, Communication, Supervision
6	Controlling	Characteristics of Controlling  Relation between Planning and Control

Module B: Advanced Concepts of Financial Management

Module B: Advanced Concepts of Financial Management
SNo.	Chapters	Important Topics
1	Sources of Finance and Financial Strategies	Alternative Financing Strategies
2	Financial and Operating Leverages	Degree of Financial Leverage, Its Behaviour  Degree of Operating Leverage, Its Behaviour
3	Capital Investment Decisions	Estimation of Project Cash Flows  Social Cost Benefit Analysis
4	Capital Budgeting for International Project Investment Decisions	Foreign Investment Analysis  Approaches for Evaluation of Overseas Projects
5	Adjustment of Risk and Uncertainty in Capital Budgeting Decision	Sources & Perspectives on Risk  Sensitivity & Scenario Analysis  Risk Analysis in Practice
6	Decision Making	Decision Making using Cost-Volume-Profit (CVP) Analysis,  Decision Making using Activity Based Costing (ABC),  Ethical and Non-Financial Considerations Relevant to Decision Making

Module C: Financial Management 

Module C: Financial Management
SNo.	Chapters	Important Topics
1	Corporate Valuation	Approaches to Corporate Valuation
2	Discounted Cash Flow Valuation	Approaches to Discounted Cash Flow Models
3	Other Non-DCF Valuation Models	Equity Valuation Multiples Model  Book Value Approach Model
4	Special Cases of Valuation	Valuation of Cash and Cross Holdings, Warrants and Convertibles  Cyclical & Non-Cyclical Companies
5	Mergers, Acquisitions and Restructuring	All the topics in the chapter are very important
6	Deal Structuring and Financial Strategies	Tax and Accounting Considerations  Tax Reliefs & Benefits in Case of Amalgamation in India  Financing of Cross Border Acquisitions in India

Module D: Emerging Business Solutions

Module D: Emerging Business Solutions
SNo.	Chapters	Important Topics
1	Hybrid Finance	Advantages and Disadvantages of Hybrid Securities  Types of Hybrid Securities  Features of Convertible Debentures
2	Start-up Finance	Benefits to Startup Under the Startup Plan  Challenges Faced by Startups  State Startup Policy  Funding Schemes and Programmes, Programs Running in 2022,  International Challenges and Bridges
3	Private Equity and Venture Capital	Characteristics of Venture Capital Investments  Characteristics Shared by Private Equity and Venture Capital, as well as Their Key Distinctions  Advantages and Disadvantages of Venture Capital Funding  Benefits and Drawbacks to the Practice of Private Equity  Companies in India that Deal in Private Equity  Growth of India’s Private Equity Market  Legal and Administrative Structure of India  Crucial Stages in the Process of Investing in Private Equity
4	Artificial Intelligence	Applicability of Artificial Intelligence  Artificial Intelligence in Banking and Finance  Control Theory and Cybernetics  Tools & Techniques of Artificial Intelligence  Artificial Intelligence and Morality
5	Business Analytics as Management Tool	Elements of Business Analytics  Web and Mobile Analytics
6	Green and Sustainable Financing	ISO Standards for Green Finance  Progress of Green Finance in India  Growth of Regulatory Framework  National Efforts Towards Green and Sustainable Financing  RBI Views on Climate Risk and Sustainable Finance
7	Special Purpose Acquisition Companies	Advantages of SPAC  Disadvantages of SPAC  Characteristics of SPACs, Process, SPAC Capital Structure, Trust Account, Warrants, Forward Purchase, IPO Agreements  De-SPAC Process

Important Note:
You can find all these above-mentioned important topics in Macmillan’s Advanced Business & Financial Management book.

Now that you are acquainted with the books, other resources, and important topics of Paper 3 i.e., ABFM, let’s understand the important books and resources for the CAIIB Paper 4 – Banking Regulations and Business Laws (BRBL).

Best Books and Sources for CAIIB BRBL Preparation

The CAIIB Paper 4 i.e Banking Regulations and Business Laws (BRBL) consists of four modules: 

1. Module A: Regulations and Compliance
2. Module B: Important Acts/Laws & Legal Aspects of Banking Operations(Part A)
3. Module C: Important Acts/Laws & Legal Aspects of Banking Operations(Part B)
4. Module D: Commercial & Other Laws with Reference to Banking Operations

Here are the books and resources to cover each module of the CAIIB BRBL Paper.

Banking Regulations and Business Laws by Macmillan (Modules A, B, C, and D)

Here is the module-wise book highlights:

Module A: Regulations and Compliance

• Provides a comprehensive overview of banking regulations and compliance requirements.
• Covers regulatory frameworks governing banking operations, including central bank regulations and international standards.
• Equips readers with knowledge and tools to ensure adherence to regulatory requirements and maintain compliance within banking institutions.

Module B: Important Acts/Laws & Legal Aspects of Banking Operations (Part A)

• Focuses on key banking acts and laws relevant to banking operations.
• Covers acts, including the Banking Regulation Act, the Negotiable Instruments Act, and the Reserve Bank of India Act.
• Provides insights into legal frameworks governing various aspects of banking activities and transactions.

Module C: Important Acts/Laws & Legal Aspects of Banking Operations (Part B)

• Explains the exploration of important banking acts and laws, complementing Part A.
• Covers additional legislation such as the Companies Act, the SARFAESI Act, and the Consumer Protection Act.
• Provides in-depth analysis of legal aspects related to banking operations, including loan recovery, consumer rights, and corporate governance.

Module D: Commercial & Other Laws with Reference to Banking Operations

• Explains commercial laws and their implications for banking operations.
• Covers topics such as contract law, property law, and insolvency law.
• Provides a comprehensive understanding of legal principles and their application in banking transactions and business operations.

Best Books for CAIIB BRBL Preparation
SNo.	Books	Author	Publisher	Buy Here
1	Banking Regulations and Business Laws	IIBF	Macmillan	Buy Online

Other Recommended Sources

• Websites: RBI Regulations and RBI Guidelines.
• Free Videos: YouTube Videos
• Telegram Channel: EduTap Telegram Channel
• Other Materials: IIBF e-Learning

Now that you have understood the important books and other resources for BRBL, let’s take a look at the important topics you must cover to qualify the paper. 

Most Important Topics for the CAIIB BRBL Paper

We have analyzed the number of questions asked in the previous years’ papers from each module of BRBL to identify the most important topics. Here are the most important topics for the CAIIB BRBL paper.

Module A: Regulations and Compliance

Module A: Regulations and Compliance
SNo.	Chapters	Important Topics
1	Legal Framework of Regulation of Banks	Reserve Bank of India Act, 1934  Banking Regulation Act, 1949
2	Control over Organization of Banks	Licensing of Banking Companies  Paid-up Capital and Reserves  Shareholding in Banking Companies
3	Regulation of Banking Business	Regulation of Interest Rates  Regulation of Payment Systems  Banking Ombudsman
4	Returns, Inspection, Winding Up, Mergers & Acquisitions	Acquisition of Undertakings  Amalgamation of Banks  Annual Accounts and Balance Sheet  Audit and Auditors
5	Different Categories of Banks	Full Chapter
6	Regulation of Non-Banking Financial Companies (NBFCs)	Regulators of NBFCs  Prudential Guidelines  Bank Finance to NBFCs registered/not requiring registration with RBI  Co-Lending by banks and NBFCs to Priority Sector Advances (PSA)
7	Financial Sector Legislative Reforms and Financial Stability and Development Council	Narasimham Committees  Reforms in Monetary Policy  Reforms in Financial Markets  Reforms in Forex Market

Module B: Important Acts/Laws & Legal Aspects of Banking Operations – Part A

Module B: Important Acts/Laws & Legal Aspects of Banking Operations – Part A
SNo.	Chapters	Important Topics
1	The Prevention of Money Laundering Act, 2002	Offence of Money Laundering  Obligations of Banking Companies, Financial Institutions, and Intermediaries  Enhanced Due Diligence  Records to be Maintained
2	Negotiable Instruments Act, 1881	Records to be Maintained  Payment of Cheques – Protection to Bankers’/Customers’
3	Foreign Exchange Management Act, 1999	Important Terms Used in FEMA  Powers of RBI with Respect to Authorized Persons  Contravention, Penalties, Adjudication, and Appeals
4	Payment & Settlement Systems Act, 2007	Regulation and Supervision by the RBI  Settlement and Netting  Power of RBI to make regulations
5	Law Relating to Securities and Modes of Charge – I	Types of Mortgage
6	Law Relating to Securities and Modes of Charge – II	Full Chapter
7	Creation/Registration and Satisfaction of Charges	Effect of Registration of Charges  Effect of Nonregistration of Charges

Module C: Important Acts/Laws & Legal Aspects of Banking Operations – Part B

Module C: Important Acts/Laws & Legal Aspects of Banking Operations – Part B
SNo.	Chapters	Important Topics
1	Reserve Bank – Integrated Ombudsman Scheme, 2021	Procedure for Redressal of Grievance  Procedure for Filing a Complaint  Suspension of the Scheme
2	The Micro, Small and Medium Enterprises Development Act, 2006	Coverage and Definitions  Summary of Regulation  National Board for Micro, Small and Medium Enterprises (NBMSME)/
3	SARFAESI Act	Asset Reconstruction  Central Registry  Enforcement of Security Interest  Reconstruction and Security Interest Transactions  Non-Applicability of the Provisions of the SARFAESI Act in Certain Cases
4	Debt Recovery Tribunal/ The Recovery of Debts and Bankruptcy Act, 1993	Application and Definitions in Act  Application to the Tribunal, Appeal to the Appellate Tribunal  Modes of Recovery of Debts
5	Introduction to the Insolvency and Bankruptcy Code, 2016	The Insolvency Resolution Process for Companies and Limited Liability Entities,  Corporate Insolvency Resolution Process (CIRP)
6	The Bankers’ Books Evidence Act, 1891	Applicability and Definitions  Case in which Officer of Bank not Compellable to Produce Books
7	The Legal Services Authorities Act, 1987: Lok Adalats	Full Chapter
8	The Consumer Protection Act, 2019	Central Consumer Protection Authority,  District, State and National Consumer Disputes Redressal Commission
9	The Law of Limitation	Acts Giving Rise to Fresh Period of Limitation Certain Important Provisions in Schedule to the Limitation Act
10	Tax Laws	Full Chapter

Module D: Commercial & Other Laws with Reference to Banking Operations

Module D: Commercial & Other Laws with Reference to Banking Operations
SNo.	Chapters	Important Topics
1	Indian Contract Act	Key Components to Form a Contract Essentials of a Valid Contract  Contracts of Indemnity  Contracts of Guarantee  Contract of Bailment  Contract of Pledge  Contract of Agency
2	Contract of Sale	Important Terms Defined Under the Sale of Goods Act, 1930  Distinction between a Sale and an Agreement to Sell  Rights of an Unpaid Seller  Implied Conditions and Warranties
3	Partnership Firms	Essential Characteristics  Types of Partnership  Limited Liability Partnership (LLP)  Liability of the Firm for Wrongful Acts of a Partner  Liability of Firm for Misapplication by Partners  Legal position after the Minor attains majority  Retirement of a Partner  Insolvency of a Partner  Dissolution
4	Companies	Features of a Company  Classifications of Companies  Memorandum of Association and Articles of Association  Doctrine of Ultra Vires
5	Limited Liability Partnership Act, 2008	Liabilities of and changes in Designated Partners  Incorporation of a Limited Liability Partnership
6	Transfer of Property Act, 1882	Sale of Immoveable Property  Mortgage of Immoveable Property  Types of Mortgage
7	The Right to Information Act, 2005	Full Chapter
8	Right to Information and Obligations of Public Authorities	Full Chapter
9	Information Technology Act, 2000	Digital Signature Certificates  Penalties  Appeal, Investigation
10	Prevention of Corruption Act, 1988	Full Chapter

Important Note:
You can find all these above-mentioned important topics in Macmillan’s Advanced Business & Financial Management book.

Now that you are familiar with the books, other resources, and important topics of compulsory CAIIB papers. Now let’s move on to understanding the books and resources for elective CAIIB papers.

Best Books and Sources for CAIIB Elective Papers Preparation

The CAIIB Elective papers consist of the following modules: 

Papers	Modules	Syllabus
Paper 1: Rural Banking	Module A	Rural India
	Module B	Financing Rural Development
	Module C	Priority Sector Financing & Govt. Initiatives
	Module D	Problems & Prospects in Rural Banking
Paper 2: Human Resources Management	Module A	Human Resource Management
	Module B	Building an HR Strategy
	Module C	Motivation, Training, and Skill Development
	Module D	Personnel Management and Industrial Relations
	Module E	Emerging Scenario in HRM
Paper 3: Information Technology & Digital Banking	Module A	Information Technology & Digital Banking
	Module B	Systems & Design
	Module C	Banking Technology Applications & Digital Banking
	Module D	Information System Security Controls & Audit
Paper 4: Risk Management	Module A	Risk & Risk Management Framework
	Module B	Credit Risk
	Module C	Market Risk
	Module D	Operational Risk
	Module E	Basel & RBI Guidelines on Risk Management
	Module F	Derivatives & Risk Management
Paper 5: Central Banking	Module A	Rationale & Functions of Central Bank
	Module B	Central Banking in India
	Module C	Monetary & Credit Policies
	Module D	Management of Foreign Exchange Reserves & Constituents of Indian Financial Market
	Module E	Regulation, Supervision, and Financial Stability
	Module F	Non-Banking Financial Companies & Primary Dealers

Here are the books and resources to cover the syllabus of CAIIB elective papers.

1. Rural Banking by Macmillan (Modules A, B, C, and D)

Here are the book highlights:

• Explains the challenges and opportunities in extending banking services to rural areas, covering topics such as branch expansion, technology adoption, and community engagement strategies.
• Discusses the role of microfinance institutions and self-help groups in rural banking, highlighting the importance of financial inclusion and empowerment at the grassroots level.
• Examines government-sponsored rural development programs and their impact on banking operations.
• Provides insights into agricultural financing, including crop loans, farm credit schemes, and risk management strategies tailored for rural borrowers.

2. Human Resources Management by Macmillan (Modules A, B, C, and D)

Here are the book highlights:

• Covers recruitment lifecycle, including job analysis, sourcing strategies, screening techniques, and selection methodologies tailored for the banking sector.
• Discusses the design and implementation of employee training and development programs, emphasizing competency-based learning, performance management, and career progression.
• Explains techniques for fostering employee engagement, building a positive organizational culture, and implementing retention strategies to attract and retain top talent.
• Examines performance appraisal methods, feedback mechanisms, and incentive systems aligned with organizational goals and employee motivation.
• Addresses legal compliance requirements, ethical dilemmas, and diversity and inclusion initiatives relevant to HR management in the banking industry.

3. Information Technology & Digital Banking by Macmillan (Modules A, B, C, and D)

Here are the book highlights:

• Provides an overview of digital banking trends, technologies, and their impact on banking operations, customer experience, and business models.
• Covers the architecture, functionalities, and implementation challenges of core banking systems, along with IT infrastructure management best practices.
• Addresses cybersecurity threats, data protection regulations, and risk management strategies to safeguard customer data and preserve trust in digital banking channels.
• Discusses various digital payment systems, including mobile banking, e-wallets, and UPI.

4. Risk Management by Macmillan (Modules A, B, C, and D)

Here are the book highlights:

• Discusses the principles of risk governance, board oversight, and risk appetite frameworks to ensure effective risk management governance within banking institutions.
• Covers credit risk assessment techniques, credit scoring models, and loan portfolio management strategies to mitigate credit losses and optimize credit risk-return trade-offs.
• Examines market risk measurement methodologies, interest rate risk models, and hedging techniques to manage exposures arising from changes in market conditions.
• Addresses operational risk identification, assessment, and mitigation strategies.

5. Central Banking by Macmillan (Modules A, B, C, and D)

Here are the book highlights:

• Explains the pivotal role of central banks in formulating and implementing monetary policy to achieve macroeconomic objectives such as price stability, full employment, and economic growth.
• Discusses the various tools and mechanisms employed by central banks to regulate the money supply and influence interest rates, including open market operations, reserve requirements, and discount rate adjustments.
• Addresses the role of central banks in safeguarding financial stability, detecting early warning signs of financial crises, and implementing crisis management measures.
• Explains the role of central banks in managing international monetary relations, including exchange rate policies and foreign exchange reserves management.

Best Books for CAIIB ABFM Preparation
SNo.	Books	Author	Publisher	Buy Here
1	Rural Banking	IIBF	Macmillan	Buy Online
2	Human Resources Management	IIBF	Macmillan	Buy Online
3	Information Technology & Digital Banking	IIBF	Macmillan	Buy Online
4	Risk Management	IIBF	Macmillan	Buy Online
5	Central Banking	IIBF	Macmillan	Buy Online

Other Recommended Sources

• Free Videos: YouTube Videos
• Telegram Channel: EduTap Telegram Channel
• Other Materials: IIBF e-Learning
• Online Courses: EduTap Comprehensive Course

Conclusion

In conclusion, choosing the right books and other study materials is critical in ensuring success in the CAIIB exam. The above-mentioned CAIIB books also provide multiple practice questions to enhance your understanding of the banking and financial sector. Remember, a well-rounded CAIIB preparation strategy includes thoroughly understanding the concepts and regular practice mock tests.

FAQs