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:
- Module A: Statistics
- Module B: Human Resource Management
- Module C: Credit Management
- 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.ย
Most Important Topics for the CAIIB ABM Paper
We have analyzed the number of questions asked in the previous yearsโ 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 โ Arithmetic, Geometric, Harmonic Median & Quartiles Dispersion; Skewness & Kurtosis |
4 | Correlation & Regression | Correlation & Regression Standard Error |
5 | Time Series | Variations โ Cyclical, Seasonal, irregular Trend Analysis & Forecasting |
6 | Theory of Probability | Types of events Binomial Distribution Standard Deviation of Random Variable |
7 | Estimation | Estimates โ 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 | Employeesโ 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 โ HR Information System HRMS โ 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 โ13) Techniques โ 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 โ 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 โ 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 โ UL, ML |
7 | Fraud and Vigilance in Banks | Definition โ 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.ย
Most Important Topics for the CAIIB BFM Paper
We have analyzed the number of questions asked in the previous yearsโ 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-ร -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. โ Role and Products |
8 | Role of EXIM Bank, Reserve Bank of India, Exchange Control in India-FEMA and FEDAI and Others | EXIM Bank โ 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 โ Need & Importance Overseas Operations of the Indian banksโ 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:
- Module A: The Management Process
- Module B: Advanced Concepts of Financial Management
- Module C: Valuations, Mergers, & Acquisitions
- 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.ย
Most Important Topics for the CAIIB ABFM Paper
We have analyzed the number of questions asked in the previous yearsโ 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:
- Module A: Regulations and Compliance
- Module B: Important Acts/Laws & Legal Aspects of Banking Operations(Part A)
- Module C: Important Acts/Laws & Legal Aspects of Banking Operations(Part B)
- 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.ย
Most Important Topics for the CAIIB BRBL Paper
We have analyzed the number of questions asked in the previous yearsโ 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 โ Protection to Bankersโ/Customersโ |
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 โ I | Types of Mortgage |
6 | Law Relating to Securities and Modes of Charge โ 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 โ 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 Bankersโ 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 letโs 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
Yes, you need to buy separate books for each subject.ย
While books are a good source for CAIIB preparation, relying solely on them might not be the most effective strategy. CAIIB books provide in-depth knowledge, but they are bulky and use complex language. This can make it challenging for aspirants to cover these books in a limited time.ย
On the other hand, supplementing your preparation with multiple sources offers diverse perspectives and approaches to topics. Different study materials explain concepts differently, helping you grasp complex topics from multiple angles.
Clearing each CAIIB paper requires a structured approach and focused practice. Here are some specific tips to help you prepare for the CAIIB exam:
a. Thoroughly understand the concepts.
b. Review previous years’ questions to identify recurring patterns and topics that carry more weightage.
c. Practice mock tests and work on time management.
d. Donโt be afraid to seek guidance from mentors and online forums to clarify your doubts and ensure a clear understanding.
The amount of time you need to dedicate to studying depends on your individual learning style and prior knowledge. However, a well-structured study plan of at least 3-4 months is recommended.