JAIIB 2020 Notification: Check New JAIIB Exam date

JAIIB 2020: Recently, The Indian Institute of Banking and Finance has released a notice regarding the JAIIB, DB&F, CAIIB Exams that the exam will be held tentatively in November end or early Dec 2020. Candidates can check the notice which is being displayed as a pop-up of the official website @iibf.org and it also says that the registration will start in the first week of November. The candidates can check all the related information related to JAIIB 2020 exam in this space as have covered everything for your convenience like: Exam dates, Syllabus, JAIIB Eligibility criteria and many more.   

Note: Only in-service employees of the banking sector are eligible to appear for JAIIB. 

About Course:
JAIIB 2020 LIVE ONLINE CLASS
Batch Start Date- 21-Sep-2020
Batch End Date- 10-Jan-2021
Total Lecture - 90
Per Lecture Time 2 Hours
Batch Time 08:00 PM to 10:00 PM

 

JAIIB ALL SUBJECTS (PPB+AFB+LRB) JAIIB 2020 LIVE CLASSES 
AFB:
07-September-2020 (Live Classes)
PPB: 21-October-2020 (Live Classes)
AFB: 07-December-2020 (Live Classes) 

 

Check the study plan here.
 

What is JAIIB?

  • JAIIB stands for Junior Associate of the Indian Institute of Bankers and DBF stands for Diploma in Banking and Finance.
  • It is a flagship course offered by the Indian Institute of Banking and Finance (IIBF).
  • JAIIB is for Bankers/members and DBF can be attempted by non-bankers/non-members.
  • The exam is held twice every year - Once in May and once in November.
  • JAIIB has 3 papers - Principles and practices of banking, Accounting, and Finance for bankers and Legal and regulatory aspects of banking of 100 mark each.
  • Clearing JAIIB will earn you increments in Banks and consequently will fetch you an increased salary. In some banks even for promotion, there is some weight for JAIIB. It will enhance your knowledge which in turn will help you even in your day to day work.

 

Subject Covered 

  •  JAIIB Paper-1: Principle and Practices of Banking (PPB) is an introduction to Indian banking and touches on almost every aspect, from the Indian financial system to contemporary issues and developments in the industry.
  • JAIIB Paper-2: Accounting And Finance For Bankers (AFB) covers major aspects of both accounting and finance required to gain proficiency in the day to day accounting in the bank.
  • JAIIB Paper-3: Legal & Regulatory Aspects Of Banking (LRB) brings an all-inclusive view into all the laws associated with the banking and finance terminologies.

 

What will you get?

  • Complete coverage of Course through 180+ hours of Live Interactive Classes of PPB, AFB & LRB
  • Recorded Videos of PPB & LRB
  • To improve the speed of candidates, 3600+ Practice Questions will be provided (In the form of the full-length mock test).
  • To make you exam-ready, 30 Full-Length Mocks will be provided.
  • eBooks of PPB, AFB & LRB 
  • When you have a hectic day at work and can't attend the live class, watch recorded videos at your convenience.
  • In-depth analysis of the subject till the last day of your exam under the guidance of Experts

 

Batch Eligibility

  • This course is for all those students who aim to qualify JAIIB in a single attempt and is also for those who intend to do a quick revision of course

 

About the Faculty

  • Priyanshu Maheshwari
    CA, MBA (Finance), JAIIB] 
    More than 1000 candidates have been qualified and promoted under the guidance of Priyanshu Maheshwari
    8+ years of experience in training and mentoring candidates for various bank promotional examinations and also part of training the bank officers across India.
  • Praveen Kumar
    [MBA, JAIIB, CAIIB, NISM, NCFM, CCOC]

    6+ years of experience for training and mentoring bank officers for internal bank promotional examinations and conducting various other training across India
    More than 1000 candidates have been qualified and promoted under the guidance of Praveen Kumar

 

Validity: 6 Months
*You will get a mail after purchasing the batch for login in.
*You will get recorded video links within 48 working hours.
*No Refunds will be given in any case and registration can be canceled by Adda247 for any anti-batch activity.

JAIIB Exam Online Coaching for PPB + AFB + LRB 2020 | Complete Bilingual 3.0 Batch | Adda247
  1. 180 hours of Live Interactive Classes
  2. 30 Full-Length Mocks
  3. eBooks of PPB, AFB & LRB
Validity
  1. 6 Months
3999 666/month
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Click Here to Read Important Instructions regarding JAIIB 2020

IIBF- Indian Institute of Banking & Finance

IIBF is a distance learning institute that offers various educational services for the banking and financial education to the candidates who are working and want to excel their professional career. IIBF has collaboration with various institute across the country as well as across the globes and conducts various exams to give the bank employees a chance to grade up their careers. IIBF is entirely managed by a Governing Council that is comprised eminent persons from the banking and finance sector, academicians and professionals.  

IIBF Exams

IIBF conducts many examinations for the various courses offered by the organisation. The list of IIBF exam for different courses are as follows;

  • Flagship courses: The IIBF Exams under this course are JAIIB, CAIIB, CAIIB Elective Subjects as Separate Certificate Examination, Diploma in Banking & Finance
  • Diploma Courses: The IIBF Exams under this course are Diploma in Banking Technology, Diploma in Treasury Investment & Risk Management, Diploma in International banking & finance, Diploma in Commodity Derivatives for Bankers, Advanced Wealth Management, Diploma in Home loan advising, Diploma in Retail Banking, Urban Co-Operative Banking
  • Blended Courses: IIBF also conducts exams for the blended courses it offer such as Bank trainers,  Compliance Professional, Credit Professional, Treasury Professional, Risk & Financial Services, And Certified Accounting & Audit Professional (new course added)
  • Certifications: Some IIBF Exams are meant for certification purpose only. Do check the website about these certifications

Check official website of IIBF

JAIIB exam leverage both personal as well as professional growth. Interested Bankers can check the JAIIB eligibility criteria, exam pattern, syllabus and other miscellaneous information.

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JAIIB Revised Exam Dates 2020:

JAIIB Exam 2020 will be held in November 2020. The complete schedule of JAIIB 2020 has been released by the Indian Institute of Banking & Finance. JAIIB 2020 exam dates for all the subjects have been given below. Check out for your subject

JAIIB New Exam Dates 2020

S NO JAIIB Date
1 JAIIB/DB&F/SOB-Principles & Practices of Banking 01-11-2020
2 JAIIB/DB&F-Accounting & Finance for Bankers 08-11-2020
3 JAIIB/DB&F/SOB-Legal & Regulatory Aspects of Banking 22-11-2020

JAIIB 2020: Registration Fee

  • From 01.09.2020 to 07.09.2020  – Normal Examination fees
  • From 08.09.2020 to 21.09.2020 – Normal Examination fees plus Rs 100/-
  • From 22.09.2020 to 30.09.2020 – Normal Examination fees plus Rs 200/-

JAIIB Eligibility Criteria 2020:

JAIIB 2020 course is open for the banking employees only. Those who are working in Banking Sector irrespective of the time period & age can take JAIIB for personal as well as professional growth.

JAIIB Exam Pattern 2020:

There will be a total of 120 questions including case study/case let. Total marks would be 100. The institute reserves the right to vary the number of questions as required.

Mode of the exam will be Online only. There is no negative marking. Duration of the exam will be 2 hours.

Exam No. Of questions max. marks Qualifying marks Duration Negative marking Exam Mode
PRINCIPLES & PRACTICES OF BANKING 120 100 50 2 hours No Online
– ACCOUNTING & FINANCE FOR BANKERS 120 100 50 2 hours No Online
LEGAL & REGULATORY ASPECTS OF BANKING 120 100 50 2 hours No Online

JAIIB Passing Criteria 2020:

Minimum 50 marks out of 100 is required to clear the exam. Candidates securing at least 45 marks in each subject with an aggregate of 50% marks in all subjects of examination in a single attempt will also be declared as having completed the Examination.

Candidates will be allowed to retain credits for the subject they have passed in an attempt till the expiry of the time limit for passing the examination.

Medium Of the Exam:

Candidates can take the test in their preferred language i.e in Hindi or English. Candidates are required to fill the application form carefully with the preferred language as no changes will be considered later.

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Limit for taking the JAIIB Exam:

One has to pass the exam within the time limit i.e. 2 years.

If you can not pass the exam in the stipulated time, you have to enroll yourself as fresh and no credits for the same will be provided.

Time limit of 2 years will start from the date of application for first attempt. Attempts will be counted irrespective of whether a candidate appears for any examination or otherwise.

 JAIIB Examination Fee 2020:

Sno Name of the Exam Attempts Application fee
1 JAIIB Exam 1st attempt Rs. 2700*
2 2nd attempt Rs. 1300*
3 3rd attempt Rs. 1300*
4 4th attempt Rs. 1300*

*Plus GST as applicable

JAIIB Apply Online 2020:

Online registration to apply for the JAIIB will begin on 1st September 2020. Those who are willing to fill the JAIIB application form can visit the IIBF official website to apply for the same once application form is released. Check the procedure to apply for the JAIIB online:

  • Go to official website of IIBF.
  • Check the navigation tab, click examination/courses> flagship course.
  • Click on the JAIIB button.
  • Go to apply online and members apply link will appear there. Read the instruction carefully and then apply

Also Read,

JAIIB Syllabus 2020:

Complete JAIIB Syllabus for Paper I (Principles & Practices of Banking)

This paper is divided into four parts.Check the detailed syllabus for part A

PAPER 1 – PRINCIPLES & PRACTICES OF BANKING
MODULE A – INDIAN FINANCIAL SYSTEM

Indian Financial System – An Overview
Role of RBI, Commercial Banks, NBFCs, PDs, FIs, Cooperative Banks, CRR, SLR; Equity & Debt Market; IRDA.

Banking Regulation
Constitution, Objectives, Functions of RBI; Tools of Monetary Control; Regulatory  Restrictions on Lending.

Retail Banking, Wholesale and International Banking
Retail Banking- Products, Opportunities; Wholesale Banking, Products; International Banking, Requirements of Importers & Exporters, Remittance Services; Universal Banking; ADRs; GDRs; Participatory Notes.

Role of Money Markets, Debt Markets & Forex Market
Types of Money & Debt Market Instruments including G-Secs; ADs, FEMA, LIBOR, MIBOR, etc.

Role and Functions of Capital Markets, SEBI
Overview of Capital Market; Stock Exchange; Commonly used Terms; Types of Capital Issues; Financial Products/ Instruments including ASBA, QIP; SEBI; Registration of Stock Brokers, Sub-brokers, Share Transfer Agents, etc. QIBs.

Factoring, Forfeiting Services and Off-Balance Sheet items
Types & advantages of Factoring & forfeiting services; Types of off-balance sheet items.

Risk Management, Basel Accords
Introduction to Risk Management; Basel I, II & III Accords

CIBIL, Fair Practices Code for Debt Collection, BCSB
Role and Functions of CIBIL; Fair Practices Code for Debt Collection; Codes of BCSBI

Recent Developments in the Financial System
Structure, Reforms in the Indian Financial System; recent developments in Money, Debt, Forex Markets; RegulatoryFramework;PaymentsandSettlement System
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Recent Developments in the Financial System
Structure, Reforms in the Indian Financial System; recent developments in Money, Debt, Forex Markets; Regulatory Framework; Payments and Settlement System.

MODULE B – FUNCTIONS OF BANKS
Banker Customer Relationship
Types; Different Deposit Products & Services; Services to Customers & Investors

KYC/ AML/ CFT norms
PMLA Act; KYC Norms

Bankers’ Special Relationship
Mandate; POA; Garnishee Orders; Banker’s Lien; Right of Set off

Consumer Protection – COPRA, Banking Ombudsman Scheme
Operational Aspects of COPRA Act & Banking Ombudsman Scheme

Payment and Collection of Cheques and Other Negotiable Instruments
NI Act; Role & Duties of Paying & Collecting Banks; Endorsements; Forged Instruments; Bouncing of Cheques; Its Implications; Return of Cheques; Cheque Truncation System.

Opening accounts of various types of customers
Operational Aspects of opening and Maintaining Accounts of Different Types of Customers including Aadhaar, SB Rate Deregulation.

Ancillary Services
Remittances; Safe Deposit Lockers; Govt. Business; EBT

Cash Operations
Cash Management Services and its Importance.

Principles of Lending, Working Capital Assessment and Credit Monitoring
Cardinal Principles; Non-fund Based Limits; WC; Term Loans; Credit Appraisal Techniques; Sources of WC Funds & its Estimation; Operating Cycle; Projected Net WC; Turnover Method; Cash Budget; Credit Monitoring & Its Management; Base Rate.

Priority Sector Advances
Targets; Sub-Targets; Recent Developments

Agricultural Finance
Types of Agricultural Loans; Risk Mitigation in agriculture (NAIS, MSP etc.)

Micro, Small and Medium Enterprises
MSMED Act, 2006 Policy Package for MSMEs; Performance and Credit Rating Scheme; Latest Developments

Government Sponsored Schemes
SGSY; SJSRY; PMRY; SLRS

Self Help Groups
Need for & Functions of SHGs; Role of NGOs in Indirect Finance to SHGs; SHGs & SGSY Scheme; Capacity Building

Credit Cards, Home Loans, Personal Loans, Consumer Loans
Operational Aspects, Advantages, Disadvantages & Guidelines of Credit Cards; Procedure and Practices for Home Loans, Personal Loans and Consumer Loans.

Documentation
Types of Documents; Procedure; Stamping; Securitisation

Different Modes of Charging Securities
Assignment; Lien; Set-off; Hypothecation; Pledge; Mortgage

Types of collateral and their characteristics
Land & Buildings; Goods; Documents of Title to Goods; Advances against Insurance Policies, Shares, Book Debts, Term Deposits, Gold, etc.; Supply Bills

Non-Performing Assets
Definition; Income Recognition; Asset Classification; Provisioning Norms; CDR Financial Inclusion BC; BF; Role of ICT in Financial Inclusion, Mobile based transactions, RSETI

Financial Literacy
Importance of financial literacy, customer awareness

MODULE C – BANKING TECHNOLOGY

Essentials of Bank Computerization
Computer Systems; LANs; WANs; UPS; Core Banking

Payment Systems and Electronic Banking
ATMs; HWAK; PIN; Electromagnetic Cards; Electronic Banking; Signature Storage & Retrieval System; CTS; Note & Coin Counting Machines; Microfiche; NPC; RUPAY

Data Communication Network and EFT systems
Components & Modes of Transmission; Major Networks in India; Emerging Trends in Communication Networks for Banking; Evolution of EFT System; SWIFT; Automated Clearing Systems; Funds Transfer Systems; Recent Developments in India

Role of Technology Upgradation and its impact on Banks
Trends in Technology Developments; Role & Uses of Technology Upgradation; Global Trends; Impact of IT on Banks

Security Considerations
Risk Concern Areas; Types of Threats; Control Mechanism; Computer Audit; IS Security; IS Audit; Evaluation Requirements

Overview of IT Act
Gopalakrishna Committee Recommendations

Preventive Vigilance in Electronic Banking
Phishing; Customer Education; Safety Checks; Precautions

MODULE D – SUPPORT SERVICES – MARKETING OF BANKING SERVICES/ PRODUCTS

Marketing – An Introduction
Concept; Management; Products & Services; Marketing Mix; Brand Image

Social Marketing/ Networking
Evolution, Importance & Relevance of Social Marketing/ Networking

Consumer Behavior and Product
Consumer Behavior; Product Planning, Development, Strategies, etc.; CRM

Pricing
Importance, Objectives, Factors, Methods, Strategies of Pricing; Bank Pricing

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Distribution
Distribution Channels; Channels for Banking Services; Net Banking; Mobile Banking

Channel Management
Meaning, Levels, Dynamics, Advantages

Promotion
Role of Promotion in Marketing; Promotion Mix

Role of Direct Selling Agent/ Direct Marketing Agent in a bank
Definition; Relevance; Banker as DSA/ DMA; Delivery Channels in Banks; Benefits

Marketing Information Systems – a longitudinal analysis
Functions & Components of MKIS; MKIS Model; Use of Computers &Decision Models; Performance of MKIS; Advantages

MODULE E – ETHICS IN BANKS AND FINANCIAL INSTITUTIONS

Ethics, Business Ethics & Banking: An Integrated Perspective
Business Ethics, Ethical Foundation and Banking Ethics in Global and Indian Contexts

Ethics at the Individual Level
Values, Norms, Beliefs, Morality, Conflict, Integrity, Golden Rule, Dilemmas, Decision-Making.

Ethical Dimensions: Employees
Obligation to Bank/ Third Parties, Abuse of Official Position, Sexual Harassment, Conflict of Interest, Fair Accounting Practices, HRM Ethics, Employees as Ethics Ambassadors & Managers as Ethical Leaders.

Work Ethics and the Workplace
Work Ethics, Benefits of Ethical Behavior, Unethical Behavior: Causes and Remedies, Code of Ethics Manual, Whistle blowing in Banks, Whistle blowing Laws in India.

Banking Ethics: Changing Dynamics
Ethics and Technology, Data Security and Privacy, Intellectual Property  Rights,  Patents and Proprietary Rights, Ethics of Information Security, Cyber Threats, Digital Rights Management.

Check detailed JAIIB Syllabus for Paper-II (Accounting & Finance for Bankers)

Definition and Types of Companies; Distinction between Partnership and Limited Liability Company; Classes of Share Capital; Issue of Shares; General Illustrations Non-Voting Shares; Form of Balance Sheet; Legal Requirements for Assets; Legal Requirements for Liabilities; Legal Requirements for Profit & Loss A/c; Preparation of Final Accounts

Accounting in a Computerized Environment

MODULE A – BUSINESS MATHEMATICS AND FINANCE

Calculation of Interest and Annuities
Calculation of Simple Interest & Compound Interest; Calculation of Equated Monthly Installments; Fixed and Floating Interest Rates; Calculation of Annuities; Interest Calculation using Products/ Balances; Amortization of a Debt; Sinking Funds.

Calculation of YTM
Debt- Definition, Meaning & Salient Features; Loans; Introduction to Bonds; Terms associated with Bonds; Cost of Debt Capital; Bond value with semi-annual Interest; Current Yield on Bond; Calculation of Yield-to- Maturity of Bond; Theorems for Bond Value; Duration of Bond; Properties of Duration; Bond Price Volatility.

Capital Budgeting
Present Value and Discounting; Discounted Technique for Investment Appraisal; Internal Rate of Return (IRR); Method of Investment Appraisal; NPV and IRR compared; Investment Opportunities with Capital Rationing; Investment Decision making under condition of uncertainty; Expected NPV
Rule; Risk Adjusted Discount Rate Approach for NPV Determination; Sensitivity Analysis for NPV Determination; Decision Tree Analysis for NPV Estimation; Payback Methods; ARR.

Depreciation and its Accounting
Depreciation, its types and methods; Comparing Depreciation Methods

Foreign Exchange Arithmetic
Fundamentals of Foreign Exchange; Forex Markets; Direct and Indirect Quote; Some Basic Exchange Rate Arithmetic – Cross Rate, Chain Rule, Value date, etc.; Forward Exchange Rates – Forward Points; Arbitrage; Calculating Forward Points; Premium/ discount; etc.

MODULE B – PRINCIPLES OF BOOKKEEPING & ACCOUNTANCY

Definition, Scope and Accounting Standards
Nature and Purpose of Accounting; Historical Perspectives; Origins of Accounting Principles; Accounting Standards in India and its Definition and Scope; Generally Accepted Accounting Principles of USA (US GAAP); Transfer Pricing; Overview of IFRS; Difference between GAAP & IFRS.

Basic Accountancy Procedures
Concepts of Accountancy; Going Concern Entity; Double Entry System; Principle of Conservatism; Revenue Recognition and Realization; Accrual and Cash Basis.

Maintenance of Cash/ Subsidiary Books and Ledger
Record Keeping Basics; Account Categories; Debit and Credit Concepts; Accounting and Columnar Accounting Mechanics; Journals; Ledgers; subsidiary books; etc.

Bank Reconciliation Statement
Need for Bank Reconciliation; Causes of Differences; Preparation of Bank Reconciliation Statement; How to prepare a Bank Reconciliation Statement when Extracts of Cash Book and Pass Book are given; Adjusting the Cash Book Balance; Advantages of Bank Reconciliation Statement.

Trial Balance, Rectification of Errors and Adjusting & Closing Entries
Meaning of a Trial Balance; Features and Purpose of a Trial Balance; Types of Trial Balance and Preparation of a Trial Balance; Disagreement of a Trial Balance; Classification of Errors; Location of Errors; Rectification of Errors; Suspense Account and Rectification; Rectification of Errors when Books are closed; Adjusting and Closing Entries.

Capital and Revenue Expenditure
Expenditure; Distinction between Capital and Revenue Expenditure; Deferred Revenue Expenditure; Receipts; General Illustrations.

Bills of Exchange
Types of Instruments of Credit; Term and Due Date of a Bill; Certain Important Terms; Accounting Entries to be Passed; Accommodation Bill etc.

MODULE C – FINAL ACCOUNTS

Balance Sheet Equation
Balance Sheet Equation; Computation of Balance Sheet Equation.

Preparation of Final Accounts
Preparation of Trading A/C; Profit and Loss A/C; Profit & Loss Appropriation Account; Balance Sheets

Ratio Analysis
Meaning of Accounting Ratios; Classification of Ratios; Uses of Accounting Ratios; Limitations of Accounting Ratios; Calculation and interpretation of various Ratios; Different Users and their Use of Ratios.

Final Accounts of Banking Companies
Definition and Functions of a Bank; Requirements of Banking Companies as to Accounts and Audit; Significant Features of Accounting Systems of Banks; Principal Books of Accounts; Preparation and Presentation of Financial Statements of Banks; CMA Format; Accounting Treatment of Specific Items; Preparation of Profit and Loss Account; Comments on Profit and Loss Account; Important Items of Balance Sheet; Disclosure Requirements of Banks; Additional Disclosures prescribed by RBI; Disclosures required under BASEL norms.

Company Accounts I & II
Definition and Types of Companies; Distinction between Partnership and Limited Liability Company; Classes of Share Capital; Issue of Shares; General Illustrations Non-Voting Shares; Form of Balance Sheet; Legal Requirements for Assets; Legal Requirements for Liabilities; Legal Requirements for Profit & Loss A/c; Preparation of Final Accounts

Accounting in a Computerized Environment
Meaning, features of and terms used in Computerized Accounting; Difference between Computerized and Manual Accounting; Advantages and Disadvantages of Computerized Accounting; Functions performed by Computerized Accounting Softwares available in the Market; Computerization – Scope and Experiences in Banking; The Core Banking Components; Information Security; Internet and World Wide Web – Influences on Banking

MODULE D – BANKING OPERATIONS

Banking Operations & Accounting Functions
Preparation of Vouchers, cash receipt and payment entries, clearing inward and outward entries, transfer debit and credit entries, what is KYC and what are the different documents to satisfy KYC, verify KYC and authenticity of documents, operational aspects in regard to opening of all types of accounts, scrutiny of loan applications/ documents, allowing withdrawals and accounting entries involved at various stages, operational aspects of CBS environment etc., Back office operations in banks, handling of unreconciled entries in banks.

JAIIB Syllabus Paper-III (– LEGAL & REGULATORY ASPECTS OF BANKING)

MODULE A – REGULATIONS AND COMPLIANCE

Legal Framework of Regulation of Banks
Business of Banking; Constitution of Banks; RBI Act, 1934; Banking Regulation Act, 1949; Role of RBI; Govt. as a Regulator of Banks; Control over Co-operative Banks; Regulation by other Authorities.

Control over Organization of Banks
Licensing of Banking Companies; Branch Licensing; Paid up Capital and Reserves; Shareholding in Banking Companies; Subsidiaries of Banking Companies; Board of Directors; Chairman of Banking Company; Appointment of Additional Directors; Restrictions on Employment; Control over Management; Corporate Governance; Directors and Corporate Governance.

Regulation of Banking Business
Power of RBI to Issue Directions; Acceptance of Deposits; Nomination; Loans and Advances; Regulation of Interest Rate; Regulation of Payment Systems; Internet Banking Guidelines; Regulation of Money Market Instruments; Banking Ombudsman; Reserve Funds; Maintenance of CRR, SLR; Assets in India.

Returns Inspection, Winding up, Mergers & Acquisitions
Annual Accounts & Balance Sheet; Audit & Auditors; Submission of Returns; Preservation of Records and Return of Paid Instruments; Inspection and Scrutiny; Board for Financial Supervision; Acquisition of Undertakings; Amalgamation of Banks; Winding up of Banks; Penalties for offences.

Public Sector Banks and Co-operative Banks
SBI and its Subsidiaries; Regional Rural Banks; Nationalized Banks; Application of BR Act to Public Sector Banks; Disinvestment of Shares by Govt.; Co-operative Banks.

Financial Sector Legislative Reforms
Need, Approach for Financial Sector Legislative Reforms; Important Reforms.

Recent Legislative Changes in RBI Act
Recent Legislative Changes in RBI Act, Need thereof.

Financial Sector Development Council
Role and Functions of Financial Sector Development Council

MODULE B – LEGAL ASPECTS OF BANKING OPERATIONS

Different Types of Borrowers
Types of Borrowers; Limited Liability Partnership

Types of Credit Facilities
Cash Credit, Overdraft, Demand Loans, Term Loans, Bill Finance.

Secured and Unsecured Loans, Registration of Firms and Incorporation of Companies
Definition of Secured and Unsecured loans; Need for Secured Loans; Registration of Firms; Consequences of Non-registration of Firms; Incorporation of a Company Indemnities Definition of Contract of Indemnity; Features of Indemnity Contract & Guarantee; Scope and Application of Indemnity Contracts to Banks; Obligations of a Banker; Precaution & Rights of an Indemnity Holder.

Bank Guarantees
Definition and Types of Bank Guarantees; Banker’s Duty to Honor Guarantee; Precautions to be taken for Issuance of Bank Guarantee; Precautions to be taken for Payment under Bank Guarantee; Invocation & Enforcement.

Letters of Credit
General Considerations of Letters of credit; Parties to a Letter of credit; Types of Letters of credit; Documents under a Letter of credit; UCPDC 600; Banks obligation for payment of Letter of credit.

Deferred Payment Guarantees
Purpose of DPGs; Methods of Payment.

Laws Relating to Bill Finance
Class of Bills and Laws Governing Bills; Classification of Bills; Categories of Bill Finance; Bill Finance and Legal Position of Banker.

Various Types of Securities
Types of Securities; Escrow Arrangements; Trust and Retention Arrangements.

Laws Relating to Securities and Modes of Charging – I
Mortgage; Types of Mortgage; Enforcement of Mortgages.

Laws Relating to Securities and Modes of Charging – II
Lien; Pledge; Hypothecation; etc.

Registration and Satisfaction of Charges
Definition of Charge; Procedure for Registration of Charge; Effect of Non-registration of Charges; Provisions of Law relating to Registration of Charges.

Case Laws on Responsibility of Paying Bank
Negotiable Instruments Act and Paying Banks; Liability of Paying Banker; Payment in due course; Payment in Good Faith; Whether Payment under Mistake Recoverable.

Case Laws on Responsibility of Collecting Bank
Statutory protection to Collecting Bank; Duties of Collecting Bank.

MODULE C – BANKING RELATED LAWS

Recovery of Debts due to Banks and Financial Institutions Act, 1993(DRT Act)
Objective of the Act, Constitution of Tribunal, Procedure to be followed, Enforcement process Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act (SARFAESI) Constitutional Validity; Definitions; Regulation & Reconstruction;   Enforcement of Security
Interest; Central Registry;  Offences & Penalties;    Miscellaneous Provisions

Banking Ombudsmen Scheme
Purpose; Extent; Definitions; Establishment; Powers; Procedure for Redressal Grievance.

Bankers Books Evidence Act, 1891
Applicability; Definition; Important Provisions.

The Legal Services Authorities Act, 1987
Lok Adalats- Organization; Jurisdiction; Disposal of Cases; Awards.

The Consumer Protection Act, 1986 and CERSAI
Preamble, Extent & Definitions; Consumer Protection Councils; Consumer Disputes Redressal Agencies; Objectives and important provisions of Central Registry of Securitisation Asset Reconstruction and Security Interest of India.

The Law of Limitation
Definition; Computation of Limitation; Important Provisions in schedule to the Limitation Act

Tax Laws
Income Tax; Commodity Transaction Tax; Service Tax

Negotiable Instruments Act, 1881
Applicability; Definition; Important Provisions

Payment & Settlements Systems Act, 2007
Applicability; Definition; Important Provisions

MODULE D – COMMERCIAL LAWS WITH REFERENCE TO  BANKING  OPERATIONS

Indian Contract Act, 1872
Meaning and essentials of contract; Contract of Indemnity & Rights of Indemnity Holder; Contract of Guarantee; Contract of Bailment; Contract of Pledge; Contract of Agency.

The Sale of Goods Act, 1930
Features; Sale & Agreement to Sell; Conditions and Warranties; Express & Implied; Rights of Unpaid Seller.

Indian Partnership Act, 1932
Definition & Types of Partnerships; Relation of partners to one another & to third Parties; Minor admitted to benefits of partnership; Dissolution of a firm; Effect of non registration; Limited liability partnerships formation, registration, rights and liabilities of partners.

Definition and features of a company
Definition & Features of a Company; Distinction between Company and Partnership.

The Companies Act, 1956 (Now Companies Act, 2013)
Definition, Features & Types of companies; Memorandum and Articles of Association; Doctrine of Ultra Vires, Constructive Notice, Indoor Management; Membership of CompanyAcquisition, Cessation, Register, Rights & Duties of Members, Prospectus; Directors; Winding up of Companies.

Foreign Exchange Management Act, 1999
Important Terms; Powers of RBI, Regulation and Management; Directorate of Enforcement.

Transfer of Property Act, 1882
Sale, Mortgage of Immovable Property; Types of Mortgages; Sale with and without court intervention; Lease of Immovable Property.

The Right to Information Act, 2005
Applicability; Definition; Important Provisions Right to Information and Obligation of Public Authorities Obligations; Procedure; Disposal; Appeal; Orders; Penalties.

The Prevention of Money Laundering Act, 2002
Obligations; Records to be Maintained; Procedure for Maintaining & Furnishing Information; Maintenance & Verifications of Records of Identity of Clients.

Information Technology Act, 2000
Definitions; Electronic Governance; Certifying Authorities; Digital Signature Certificates; Penalties; Appeal.

Frequently Asked Questions

Q. When will the registration begin? 

Ans. The registration will start from first week of November 2020.

Q. Who all can apply for this exam? 

Ans. No, Only those candidates can apply for this exam who are bankers.

Q. What is the mode of JAIIB exam?

Ans. It will be conducted in an online mode.

Q. When will JAIIB 2020 take place?

Ans. JAIIB 2020 will take place in end of November/ December 2020. Read the article above and get to know the exact date for which subject you are looking for.

Q. How many papers are there in JAIIB 2020?

Ans. There are three papers to qualify in JAIIB 2020 namely: Principles & Practices of Banking, Accounting & Finance for Bankers, Legal & Regulatory Aspects of Banking.

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