INDIAN INSTITUTE OF BANKING & FINANCE

(An ISO 9001 - 2008 CERTIFIED ORGANISATION)

Kohinoor City, Commercial-II, Tower-1, 2nd Floor, Kirol Road, Kurla (West), Mumbai - 400 070

Web-site : www.iibf.org.in

Diploma in International Banking & Finance

Rules & Syllabus 2013
OBJECTIVE
With the thrust on market orientation, globalization, financial and banking sector
reforms and competition in the financial sector, banking / finance professionals face the
challenge of continuously innovating and improving their products and services.
Currently banks provide more or less similar products and services. In the face of
competition, retaining market share has become all the more important. Banks can
improve upon their business only if bank employees specialize in one or more products
and services and carve out a niche for themselves. Further, the need for continuous
improvement in the service provided calls for excellence in the performance and
specialization. The Institute has, therefore, introduced various diplomas to help the
employees of banks / financial institutions to acquire the required specialization and
competence.
Indian banks are expanding their geographical horizons like never before. Indian
Industry is booming and banks will have to offer international finance on a major
scale. This diploma helps the candidate in acquiring a conceptual grasp over the
entire gamut of international and wholesale banking operations including ALM, Risk
and Profitability Management. It will help the candidates to understand legal and
regulatory framework w.r.t. conflict of laws and jurisdiction, sovereign risk, etc.
ELIGIBILITY
(i) Members of the Institute OR
(ii) Person intending to develop a career in financial service industry, though they
may not be members of the Institute.
SUBJECT OF EXAMINATION
(1) International Banking Operations
(2) International Banking - Legal & Regulatory Aspects ,
(3) International Corporate Finance
EXAMINATION FEES / REGISTRATION FEES
For Members
`4,494/- *

First two attempts

For Non-Members
`7,303/- *

Subsequent each attempt

`2,247/- *
`2,247/- *
* Inclusive of 12.36% Service Tax (Reg. No. AAATT3309DSD002)
MEDIUM OF EXAMINATION
Examination will be conducted in English only.
PATTERN OF EXAMINATION
(i) Each Question Paper will contain approximately 100 objective type multiple
choice questions carrying 100 marks including questions based on case study /
1

case lets. The Institute may, however, vary the number of questions to be asked
for a subject. There will NOT be negative marking for wrong answers.
(ii) Questions for the examination will be asked for : (a) Knowledge testing
(b) Conceptual grasp (c) Analytical / logical exposition (d) Problem solving
(e) Case analysis
(iii) Examination will be held in Online Mode only.
DURATION OF EXAMINATION
The duration of the examination will be of two hours.
PERIODICITY AND EXAMINATION CENTRES
(i) The examination will be conducted normally twice a year in May / June and
November / December on Sundays.
(ii) Examination will be conducted on three consecutive Sundays (one paper on
each Sunday).
PASSING CRITERIA
(i) Pass : Minimum marks for pass in every subject - 50 out of 100 marks.
(ii) Candidate 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.
(iii) Candidates will be allowed to retain credits for the subject/s they have passed
in one attempt till the expiry of the time limit for passing the examination as
mentioned below:
TIME LIMIT FOR PASSING THE EXAMINATION
(i) Candidates will be required to pass the examination within a time limit of
2 years (i.e. 4 consecutive attempts). Initially a candidate will have to pay
examination fee for 1st block of one year i.e. for two attempts. In case a
candidate is not able to pass examination within the 1st block of one year,
candidate should necessarily submit the examination application form for
subsequent attempt, without any gap on payment of requisite examination fee.
If they do not submit the examination form immediately after exhausting the first
block, the examination conducted will be counted as attempt for the purpose of
time limit for passing.
(ii) Candidates not able to pass examination within the stipulated time period of
two years are required to re-enroll themselves afresh by submitting a fresh
Examination Application Form. Such candidates will not be granted credit/s for
subject/s passed, if any, earlier.
(iii) Attempts will be counted from the date of application irrespective of whether a
candidate appears at any examination or otherwise.
CLASS OF PASS CRITERIA
1) The Institute will consider the FIRST PHYSICAL ATTEMPT of the candidate
at the examination as first attempt for awarding class. In other words,
the candidate should not have attempted any of the subject/s pertaining
to the concerned examination any time in the past and has to pass all

the subjects as per the passing criteria and secure prescribed marks for
awarding class. Candidate re-enrolling for the examination after exhausting
all permissible attempts as per the time limit rule will not be considered
for awarding class.
2) First Class : 60% or more marks in aggregate and pass in all the subjects in the
FIRST PHYSICAL ATTEMPT.
3) First Class with Distinction : 70% or more marks in aggregate and 60 or more
marks in each subject in the FIRST PHYSICAL ATTEMPT.
PROCEDURE FOR APPLYING FOR EXAMINATION
Application for examination should be made online from the Institute's website
www.iibf.org.in. No physical form will be accepted by the Institute with effect
from 1st January, 2013.
PROOF OF IDENTITY
Non-members applying for Institute's exams / courses are required to submit a copy
of any one of the following documents along with Examination Application Form.
Forms without the same shall be liable to be rejected.
1) Photo i/card issued by Employer or 2) PAN Card or 3) Driving License or
4) Election Voter's i/card or 5) Passport or 6) Aadhaar Card
STUDY MATERIAL
The Institute has developed a courseware to cover the syllabus. Candidates are
advised to make full use of the courseware and also the updates put on the IIBF
website from time to time. However, as banking and finance fields are dynamic,
rules and regulations witness rapid changes. Hence, candidates should keep
themselves updated on latest developments by going through Master Circulars
issued by RBI, visiting the websites of organizations like RBI, SEBI, BIS etc.
The Institute has published study books to facilitate study and they will be available at
outlets / showrooms / distributors of M/s. Macmillan Publishers India Ltd. The price of
each book and detail list of outlets is mentioned below.
Candidates may purchase directly from outlets / showrooms / distributors of the
above.
Candidates who purchase books directly from outlets of publishers will be offered a
discount of 20% on the cost price of the book. Candidates desirous of purchasing
books by post will not be offered any discount. However the postage will be borne by
publishers. Candidates would be required to send their indent to publishers outlet
along with a Demand Draft for the cost of book/s. The Demand Draft should be drawn
in favour of M/s. Macmillan Publishers India Ltd. (No cheques will be accepted).
Candidates are requested not to send any request for the purchase of books to
the Institutes Zonal Offices / Corporate Office.
Name of the Book
International Banking Operations, 2007

Price
`285/-

International Banking - Legal and Regulatory Aspects, 2007

`245/-

International Corporate Finance, 2007

`298/-

ADDRESSES OF MACMILLAN PUBLISHERS INDIA LTD.

BRANCHES & SHOWROOMS
New Delhi
2/10 Ansari Road, Daryaganj,
New Delhi-110002
Phone : (011) 23273624 / 23273814 /
47972200
E-mail : [email protected]
Kolkata
Unit No 302, L&T Chambers,
(3rd Floor), 16 Camac Street,
Kolkata-700017
Phone : (033) 22834481-5
E-mail : [email protected]
Chennai
21 Patullos Road, Chennai-600002
Phone : (044) 28520646 / 30915100
E-mail : [email protected]
Bhopal
76 Malviya Nagar, TT Nagar, Bhopal-462003
Phone : (0755) 2553895 / 2576029
E-mail : [email protected]
Chandigarh
First Floor, SCO 91, Sector 44 C,
Chandigarh-160047
Phone : (0172) 2611561/ 5088291
Email : [email protected]
Cuttack
Maitree Vihar, Link Road, Cuttack-753012
Phone : (0671) 2311979 / 2331979
E-mail : [email protected]
Guwahati
S. C. Goswami Road,
Pan Bazar, Guwahati-781001
Phone : (0361) 2516564 / 2633529
E-mail : [email protected]
Jaipur
B-48 Sahkar Marg, Opp. Imliwala Phatak,
Lai Kothi Scheme, Jaipur - 302015
Phone : (0141) 2741308
E-mail : [email protected]
Lucknow
17/1, Mudra Building,
Madan Mohan Malviya Marg,
Lucknow-226001
Phone : (0522) 2209780 / 2208810
E-mail : [email protected]
Mumbai
404, Antariksh, Makwana Road,
Off. Marol Maroshi Road, Marol,
Andheri East, Mumbai-400059
Phone : (022) 42152803/ 04
E-mail : [email protected]
Mumbai
Mercantile House, Magazine Street,
Reay Road (East), Mumbai-400010
Phone : (022) 23724401 / 23726017 /
23741423
Nagpur
G9-11, Achraj Towers- II, Chhaoni,
Nagpur-440013
Phone : (0712) 2593103 / 2552595
E-mail : [email protected]

Patna
Sinha Kothi, Sinha Library Road, Patna-001
Phone : (0612) 2232550 / 2224348
E-mail : [email protected]
Pune
Plot no.17, 1st floor,
Swastishree Co-op Hsg. Society Ltd.,
Ganesh Nagar, Karve Nagar, Pune-411052
Phone : (020) 25420321 / 22
E-mail : [email protected]
Bangalore
Jaico Publishing House, 14/1,
1st Main Road, 6th Cross,
Gandhi Nagar, Bangalore-560009
Phone : 080-22267016 / 22257083
E-mail : [email protected]
The BOOKWORM - Good Books Great
Prices
No. 80/1, Shrunghar Shopping Complex,
M. G. Road, Bangalore-560001
Phone : (080) 40913205, Mob. 9854076757
E-mail : [email protected]
The BOOKWORM - Good Books Great
Prices
No. 32 Basement, Brigade Road,
Cross Brigade Rd., Below Prabhu Digitals,
Bangalore-560001
Phone : (080) 41126755, Mob. 9845076757
E-mail : [email protected]
E. R. Manoharan
UBS Publisher's & Distributors Pvt. Ltd.,
No. 148, Mysore Road, Bangalore-560026
Phone : (080) 26756671-73
E-mail : [email protected]
Madurai
M/s. Selvi Book, Shop. 92, Nethaji Road,
Near New Arya Bhavan Signal,
Madurai-625001.
Phone : (0452) 4380169 / 2343510
E-mail : [email protected]
Trichy
M/s. Golden Book House, No. 5, First Floor,
Vignesh Aparna, New Bishop Heber Colleg,
Vayalur Road, Puthoor, Trichy-620017
E-mail : [email protected]
Tanjore
M/s. Sri Murugan Publications,
Raja Rajan Vanigga Valaga Arangam,
Southrampet, Tanjore-613001
Phone : (04362) 272922 / 272168
Palayamkottai
M/s. Eagle Book Centre, 168 Trivandrum
Road, Opp to VOC Ground,
Palayamkottai-627002
Phone : (0462) 2578899
Trichy
M/s. International Books, 76,
Nandhi Koil Street, Trichy-620002
Phone : (0431) 2703743
E-mail : [email protected],
[email protected]
4

TUTORIAL / CONTACT PROGRAMMES

Tutorial / Contact programmes will be organized by the Institute / accredited
Institutions. For further details candidates may get in touch with Zonal Office
or logon to the Institute's website www.iibf.org.in.
SYLLABUS
The details of the prescribed syllabus which is indicative are furnished
below. However, keeping in view the professional nature of examinations,
all matters falling within the realm of the subject concerned will have to be
studied by the candidate as questions can be asked on all relevant matters
under the subject. Candidates appearing for the Examination should particularly
prepare themselves for answering questions that may be asked on the latest
developments taking place under the various subjects of the said examination
although those topics may not have been specifically included in the syllabus. The
Institute also reserves to itself the right to vary the syllabus / rules / fee structure
from time to time. Any alterations made will be notified from time to time. Further,
questions based on current developments in banking and finance may be asked.
Candidates are advised to refer to financial news papers / periodicals more
particularly "IIBF VISION" and "BANK QUEST" published by the Institute.

SYLLABUS
Paper - I : INTERNATIONAL BANKING OPERATIONS
i)

Global trends and developments in International Banking

ii) Wholesale banking, retail banking, private banking, inter-bank business

iii) International financial centres offshore banking units, SEZs
iv) Asset Liability Management
v) Profitability of International Banking Operations
vi) Investment Banking
vii) Correspondent Banking
viii) International Financial Institutions; IMF, IBRD, BIS, IFC, ADB, WTO
ix) Treasury and Risk Mitigation
x) FEMA and Regulatory Framework in India
xi) Letter of Credit mechanism and UCPDC / URC / URR Buyers / Sellers credit,
Bilateral trade, counter trade, high seas sales.
Paper - II : INTERNATIONAL BANKIN, LEGAL AND REGULATORY ASPECTS
i)

Regulatory Framework, BASLE-II

ii) International law, choice of law, conflict of laws, jurisdictional issues

iii) Exchange management and controls, International loan agreements,
covenants and clauses
5

iv) Country risk and bank risk management

v) International debt management
vi) Role of IMF and World Bank in International debt crisis management
vii) Anti-money laundering laws
viii) Maritime frauds, modus operandi and prevention initiatives
ix) International competitiveness - implications and effectiveness
x) International accounting standards
xi) Arbitration and mediation in International banking business
Paper - III : INTERNATIONAL CORPORATE FINANCE
i)

Fundamental principles of lending MNC, documentation and monitoring of

Corporate Finance

ii) International credit rating agencies and global capital markets

iii) Raising resources and its deployment, ECBs / FCNRs
iv) International Bond Market - operations - procedure and significance
v) Regulatory prescriptions, revising undertaking facility, Note issuance facility
system and structure
vi) Syndicated Loans
vii) Project and Infrastructure Finance
viii) Corporate Treasury Management
ix) Derivatives; Corporate application
x) Role of FIIs, FDIs and EXIM Bank
xi) Commodity Exchanges

COURSES OF IIBF
Flagship Courses

JAIIB

CAIIB

Diploma in Banking & Finance

B. Specialised Diploma Courses (for Member* and Non-Members**)

Diploma in Treasury, Investment and Risk Management

Diploma in Banking Technology

Diploma in International Banking and Finance

Advanced Diploma in Urban Co-operative Banking

Diploma in Commodity Derivatives for Bankers

Advanced Wealth Management Course

Diploma in Home Loan Advising

C. Specialised Certificate Courses (for Member* and Non-Members**)

Certificate in Trade Finance

Certified Information System Banker

Certificate in Anti-Money Laundering / Know Your Customer

Certificate in Quantitative Methods for Bankers

Certificate in Credit Cards for Bankers

Certificate Examination in Banking Oriented Paper in Hindi

Certificate Examination in SME Finance for Bankers

Certificate Examination in Customer Service & Banking Codes and Standards

Certificate Examination in CAIIB - Elective Subjects

Certificate Examination in Basics of Banking / Credit Card Operations / Functions of

Banks for employees of IT Companies

Certificate Course for Business Correspondents / Business Facilitators

Certificate Examination for Debt Recovery Agents

Certificate Examination in IT Security

Certificate Examination in Rural Banking Operations for RRB Staff

Certificate Examination in Prevention of Cyber Crimes and Fraud Management

Certificate Examination in Foreign Exchange Facilities for Individuals

Certificate Examination in Microfinance

Certified Bank Trainer

Certified Banking Compliance Professional

D. Management Courses

Advanced Management Program

Project Finance Management Blended Course with IFMR, Chennai

CAIIB linked MBA with IGNOU.

Educational support :

Publishing specific courseware for each paper / examination and Workbooks etc.

Tutorials through Accredited Institutions, Virtual Classes, e-learning through Portal,

Contact Classes or Campus Training - Model Questions and subject updates on
the net
Other activities :

Research, Seminars, Conferences, Lectures, etc.

Publications of books, Daily e-newsletter, monthly newsletter and quarterly journal

Training & Consultancy and Financial Education

*
Members are employees of Banks and Financial Institutions who have enrolled as
members of IIBF.
** Non-Members are eligible candidates for each course / examination without IIBF
Membership.
The Syllabi, Rules / Regulations, Examination Forms and other information pertaining to the
examinations are available with Institute's Offices at Mumbai, Chennai, New Delhi, Kolkata
and also at such other centers / offices as may be notified from time to time. The same is also
available at our website www.iibf.org.in.
A.

MEMBERS OF THE GOVERNING COUNCIL (As on 01/01/2013)

PRESIDENT

Shri B. A. Prabhakar, Chairman &

Managing Director, Andhra Bank

Shri K. R. Kamath, Chairman & Managing

Director, Punjab National Bank

Representing Financial Institutions

VICE PRESIDENTS

Shri T. C. A. Ranganathan, Chairman

& Managing Director, Export - Import Bank
of India

Shri M. V. Tanksale, Chairman & Managing

Director, Central Bank of India
Shri Rana Kapoor, Managing Director &
Chief Executive Officer, YES Bank

Representing Private Sector Banks

Representing Reserve Bank of India

Shri Ananthakrishna, Chairman & Managing

Director, Karnataka Bank Ltd.

Shri S. Karuppasamy, Executive Director

Representing Co-operative Banks

Representing State Bank of India and its

Associate Banks

Shri S. K. Banerji, Managing Director,

The Saraswat Co-op. Bank Ltd.

Shri Pratip Chaudhuri, Chairman, State

Bank of India

Representing other Bodies / Experts

Prof. Y. K. Bhushan, Senior Advisor, ICFAI
Business School

Shri B. V. Choubal, Deputy Managing

Director & CDO, State Bank of India

Shri Allen C. A. Pereira, Director, National

Institute of Bank Management (NIBM)

Shri M. Bhagavantha Rao, Managing

Director, State Bank of Hyderabad

Dr. K. Ramakrishnan, Chief Executive,

Indian Banks Association (IBA)

Representing Public Sector Banks

Shri Arun Kaul, Chairman & Managing
Director, UCO Bank

Prof. H. Krishnamurthy, Cheif Research

Scientist, Indian Institute of Science

Shri M. Narendra, Chairman & Managing

Director, Indian Overseas Bank

Shri B. Sambamurthy, Director, Institute

for Development and Research in Banking
Technology

Shri T. M. Bhasin, Chairman & Managing

Director, Indian Bank

Shri A. S. Bhattacharya, Director, Institute of

Banking Personnel & Selection

Smt. Vijayalakshmi Iyer, Chairperson &

Managing Director, Bank of India

From IIBF

Smt. Shubhalakshi Panse, Chairperson &

Managing Director, Allahabad Bank

Dr. R. Bhaskaran, Chief Executive Officer

ADDRESSES FOR CONTACT

Corporate Office :

Northern Zonal Office :

Western Zonal Office :

Indian Institute of Banking & Finance

109-113, Vikrant Towers, 1st Floor,
4, Rajendra Place, New Delhi - 110 008
Tel. : 91-011-2575 2191/92
Fax : 91-011-2575 2193
E-mail : [email protected]

Indian Institute of Banking & Finance

191-F, Maker Towers, 19th Floor,
Cuffe Parade, Mumbai - 400 005
Tel. : 022-2218 3302 / 2218 5134
Fax : 022-2218 0845
E-mail : [email protected]

Southern Zonal Office :

Eastern Zonal Office :

Indian Institute of Banking & Finance

No.94, Jawaharlal Nehru Road,
(100 Feet Road), Opp. Hotel Ambica
Empire, Vadapalani, Chennai - 600 026
Tel. : 044-2472 2990/2472 7961
Fax : 044-2472 6966
E-mail : [email protected]

Indian Institute of Banking & Finance

408, 'Anandlok', 'A' Block, 4th Floor,
227, Acharya J. C. Bose Road,
Kolkata - 700 020
Tel. : 033-2280 9681/82/83
Fax : 033-2280 9680
E-mail : [email protected]
8

Quality Printers (I) Ph. 24922297

Indian Institute of Banking & Finance

Kohinoor City, Commercial-II, Tower-1, 2nd Floor,
Kirol Road, Kurla (West), Mumbai - 400 070
Tel : 022-2503 9746 / 9604 / 9907 Fax : 022-2503 7332
E-mail : [email protected]