Best Books for CAIIB Exam: ABM, BFM, ABFM, BRBL & Elective

CAIIB Subject Wise Best Books

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.

Get CAIIB Exam Syllabus

Advanced Bank Management

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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.BooksAuthorPublisherBuy Here
1Advanced Bank ManagementIIBFMacmillan Buy Online

Other Recommended Sources

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 

CAIIB Exam E-Book

ABM – Most Important Topics

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

Module B: Human Resource Management 

Module B: Human Resource Management 
SNo.ChaptersImportant Topics
1Fundamentals of HRM Relationship b/w HRM and HRD
Strategic HRM & Role of HR Manager 
2Development 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) 
3Human Implications of Organizations Behavioural Theories (Psychoanalytical, Self-concept, Left/Right Brain) 
Motivation Theories (Talor, Mayo, Maslow, Herzberg, Vroom, Adams, Skinner) 
Diversity & Gender issues 
4Employeesโ€™ Feedback and Reward System Compensation theories 
Job evaluation techniques 
5Performance Management Appraisal Methods (MBO, 360 degree) 
Competency Mapping, Assessment centers 
6Conflict Management and Negotiation Meaning,
Types & Reasons for Conflict Conflict Management (process, skills) 
7HRM 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.ChaptersImportant Topics
1Overview of Credit Management Components of Credit Management 
Role of RBI Guidelines (PSL targets, exposure norms, MSME guidelines, etc.) 
Asset classification & provisioning norms 
2Analysis of Financial Statements Components & users of information 
Key items of format (Companies Act โ€™13) 
Techniques โ€“ Fund flow, ratios, trends 
3Working Capital Finance RBI guidelines on rediscounting, TReDS 
Commercial Paper, Factoring, Forfaiting 
4Term Loans Deferred payment Guarantee 
Project Appraisal (including infrastructure โ€“ types, and prudential requirements) 
5Credit Delivery Third-Party Guarantees, Security Possession 
Consortium lending and Syndication 
6Credit Control Tools of Credit Control and Monitoring 
7Risk Management & Credit Rating Internal & External Ratings 
Use of Credit Derivatives & Concerns 
RBI guidelines on credit risk management 
8Restructuring/Rehabilitation and Recovery Stressed Assets, NPAs, Willful default 
Options available to banks (Restructuring, DRTs, SARFAESI Act, Write Off, etc.) 
RBI Guidelines & Frameworks 
9Resolution 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.ChaptersImportant Topics
1Compliance function Principles, Process & Procedures 
Role of Chief Compliance Officer 
2Compliance Audit Audit Committee, Head Internal Audit 
Reporting Framework and Disclosure Requirements 
3Compliance governance Structure Org. Structure- COO, BOD, Audit Committee 
Compliance Structure โ€“ Corporate, Field 
Internal Control 
4Identification of Compliance Issues Compliance Issues & Compliance Risk 
Loan Review Mechanism (Credit Audit) 
5Compliance Culture & GRC Framework GRC Framework 
Whistleblower policy 
6Compliance Function and Role of CCO in NBFCs SBR (Scale Based Regulation) of NBFCs 
Compliance function in NBFC โ€“ UL, ML 
7Fraud 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.

Get CAIIB Exam Syllabus

Bank Financial Management

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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.BooksAuthorPublisherBuy Here
1Bank Financial ManagementIIBFMacmillan Buy Online

Other Recommended Sources

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 

CAIIB Exam E-Book

BFM – Most Important Topics

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

Module B: Risk Management 

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

Module C: Treasury Management 

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

Module D: Balance Sheet Management

Module D: Balance Sheet Management
SNo.ChaptersImportant Topics
1Components 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 
2Capital Adequacy-Basel Norms Pillars of Basel Norms 
3Asset Classification and Provisioning Norms Asset Classification and NPAs 
Insolvency and Bankruptcy Code, 2016 (IBC) 
4Liquidity Management Meaning of Liquidity Risk Management 
Types of Liquidity Risks 
5Interest Rate Risk Management Sources of Interest Rate Risks 
Interest Rate Risk Measurement Techniques 
RBI Guidelines on Interest Rate Risk in Banking Book 
6RAROC 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.

Get CAIIB Exam Syllabus

Advanced Business & Financial Management

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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.BooksAuthorPublisherBuy Here
1Advanced Business & Financial ManagementIIBFMacmillan Buy Online

Other Recommended Sources

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 

CAIIB Exam E-Book

ABFM – Most Important Topics

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

Module B: Advanced Concepts of Financial Management

Module B: Advanced Concepts of Financial Management
SNo.ChaptersImportant Topics
1Sources of Finance and Financial Strategies Alternative Financing Strategies 
2Financial and Operating Leverages Degree of Financial Leverage, Its Behaviour 
Degree of Operating Leverage, Its Behaviour 
3Capital Investment Decisions Estimation of Project Cash Flows 
Social Cost Benefit Analysis 
4Capital Budgeting for International Project Investment Decisions Foreign Investment Analysis 
Approaches for Evaluation of Overseas Projects 
5Adjustment of Risk and Uncertainty in Capital Budgeting Decision Sources & Perspectives on Risk 
Sensitivity & Scenario Analysis 
Risk Analysis in Practice 
6Decision 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.ChaptersImportant Topics
1Corporate Valuation Approaches to Corporate Valuation 
2Discounted Cash Flow Valuation Approaches to Discounted Cash Flow Models 
3Other Non-DCF Valuation Models Equity Valuation Multiples Model 
Book Value Approach Model 
4Special Cases of Valuation Valuation of Cash and Cross Holdings, Warrants and Convertibles 
Cyclical & Non-Cyclical Companies 
5Mergers, Acquisitions and Restructuring All the topics in the chapter are very important 
6Deal 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.ChaptersImportant Topics
1Hybrid Finance Advantages and Disadvantages of Hybrid Securities 
Types of Hybrid Securities 
Features of Convertible Debentures 
2Start-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 
3Private 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 
4Artificial Intelligence Applicability of Artificial Intelligence 
Artificial Intelligence in Banking and Finance 
Control Theory and Cybernetics 
Tools & Techniques of Artificial Intelligence 
Artificial Intelligence and Morality 
5Business Analytics as Management Tool Elements of Business Analytics 
Web and Mobile Analytics 
6Green 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 
7Special 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.

Get CAIIB Exam Syllabus

Banking Regulations and Business Laws

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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.BooksAuthorPublisherBuy Here
1Banking Regulations and Business LawsIIBFMacmillan Buy Online

Other Recommended Sources

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 

CAIIB Exam E-Book

BRBL – Most Important Topics

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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.ChaptersImportant Topics
1Legal Framework of Regulation of Banks Reserve Bank of India Act, 1934 
Banking Regulation Act, 1949 
2Control over Organization of Banks Licensing of Banking Companies 
Paid-up Capital and Reserves 
Shareholding in Banking Companies 
3Regulation of Banking Business Regulation of Interest Rates 
Regulation of Payment Systems 
Banking Ombudsman 
4Returns, Inspection, Winding Up, Mergers & Acquisitions Acquisition of Undertakings 
Amalgamation of Banks 
Annual Accounts and Balance Sheet 
Audit and Auditors 
5Different Categories of Banks Full Chapter 
6Regulation 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) 
7Financial 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.ChaptersImportant Topics
1The 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 
2Negotiable Instruments Act, 1881 Records to be Maintained 
Payment of Cheques โ€“ Protection to Bankersโ€™/Customersโ€™ 
3Foreign Exchange Management Act, 1999 Important Terms Used in FEMA 
Powers of RBI with Respect to Authorized Persons 
Contravention, Penalties, Adjudication, and Appeals 
4Payment & Settlement Systems Act, 2007 Regulation and Supervision by the RBI 
Settlement and Netting 
Power of RBI to make regulations 
5Law Relating to Securities and Modes of Charge โ€“ I Types of Mortgage 
6Law Relating to Securities and Modes of Charge โ€“ II Full Chapter 
7Creation/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.ChaptersImportant Topics
1Reserve Bank โ€“ Integrated Ombudsman Scheme, 2021 Procedure for Redressal of Grievance 
Procedure for Filing a Complaint 
Suspension of the Scheme 
2The Micro, Small and Medium Enterprises Development Act, 2006 Coverage and Definitions 
Summary of Regulation 
National Board for Micro, Small and Medium Enterprises (NBMSME)/ 
3SARFAESI 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 
4Debt 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 
5Introduction to the Insolvency and Bankruptcy Code, 2016 The Insolvency Resolution Process for Companies and Limited Liability Entities, 
Corporate Insolvency Resolution Process (CIRP) 
6The Bankersโ€™ Books Evidence Act, 1891 Applicability and Definitions 
Case in which Officer of Bank not Compellable to Produce Books 
7The Legal Services Authorities Act, 1987: Lok Adalats Full Chapter 
8The Consumer Protection Act, 2019 Central Consumer Protection Authority, 
District, State and National Consumer Disputes Redressal Commission 
9The Law of Limitation Acts Giving Rise to Fresh Period of Limitation Certain Important Provisions in Schedule to the Limitation Act 
10Tax Laws Full Chapter 

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

Module D: Commercial & Other Laws with Reference to Banking Operations
SNo.ChaptersImportant Topics
1Indian 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 
2Contract 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 
3Partnership 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 
4Companies Features of a Company 
Classifications of Companies 
Memorandum of Association and Articles of Association 
Doctrine of Ultra Vires 
5Limited Liability Partnership Act, 2008 Liabilities of and changes in Designated Partners 
Incorporation of a Limited Liability Partnership 
6Transfer of Property Act, 1882 Sale of Immoveable Property 
Mortgage of Immoveable Property 
Types of Mortgage 
7The Right to Information Act, 2005 Full Chapter 
8Right to Information and Obligations of Public Authorities Full Chapter 
9Information Technology Act, 2000 Digital Signature Certificates 
Penalties 
Appeal, Investigation 
10Prevention 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 letโ€™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 ModulesSyllabus
Paper 1: Rural BankingModule ARural India
Module BFinancing Rural Development
Module CPriority Sector Financing & Govt. Initiatives
Module DProblems & Prospects in Rural Banking
Paper 2: Human Resources ManagementModule AHuman Resource Management
Module BBuilding an HR Strategy
Module CMotivation, Training, and Skill Development
Module DPersonnel Management and Industrial Relations
Module EEmerging Scenario in HRM
Paper 3: Information Technology & Digital Banking Module AInformation Technology & Digital Banking
Module BSystems & Design
Module CBanking Technology Applications & Digital Banking
Module DInformation System Security Controls & Audit
Paper 4: Risk ManagementModule ARisk & Risk Management Framework
Module BCredit Risk
Module CMarket Risk
Module DOperational Risk
Module EBasel & RBI Guidelines on Risk Management
Module FDerivatives & Risk Management
Paper 5: Central BankingModule ARationale & Functions of Central Bank
Module BCentral Banking in India
Module CMonetary & Credit Policies
Module DManagement of Foreign Exchange Reserves & Constituents of Indian Financial Market
Module ERegulation, Supervision, and Financial Stability
Module FNon-Banking Financial Companies & Primary Dealers

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

Get Detailed CAIIB Elective Syllabus

RB HRM   ITDB  RM   CB

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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.BooksAuthorPublisherBuy Here
1Rural Banking IIBFMacmillan Buy Online
2Human Resources Management IIBFMacmillan Buy Online
3Information Technology & Digital Banking IIBFMacmillan Buy Online
4Risk Management IIBFMacmillan Buy Online
5Central BankingIIBFMacmillan Buy Online

Other Recommended Sources

Get Most Important CAIIB Topics

ABM BFM   ABFM  BRBL

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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

1. Do I need to buy separate books for each subject?

Yes, you need to buy separate books for each subject.ย 

2. Can I solely rely on CAIIB books for preparation, or should I also refer to other study materials?

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.

3. How to prepare for each CAIIB paper?

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. Donโ€™t be afraid to seek guidance from mentors and online forums to clarify your doubts and ensure a clear understanding.

4. How much time should I dedicate to studying for the CAIIB Exam?

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.

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EduTap Team
EduTap Learning Solutions comprises of highly skilled and qualified engineers, management professionals, CAs, CFAs, commerce graduate educators and support team members. Just like you we have also been aspirants in the past, which makes it even more special and helps us to understand the requirements and challenges you might come across during every stage of your journey. Be it identifying the right job profile, pre-exam preparation strategy, syllabus, time management, the right method to attempt your exams and prepare for the final interview round, our expert mentors are here to guide you to move in the right direction and bring the best out of you.

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