This Product Includes 2 Types of Online Question Banks
Explore the CAB Certification Program
Get an overview of the course, its learning approach and how specialized banking audit knowledge can support your professional growth.
Topic-Wise Mock Test Papers
Focused MTPs by topic, each with detailed explanations to strengthen concepts, improve retention and build exam mastery.
Strategy to Clear CAB Exam on Your First Attempt
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Steps for Pursuing CAB Certificate
1. Register
Register and make payment on https://learning.icai.org.
2. Professional Training
📋 Course Requirements & Evaluation
Evaluation Eligibility: 80% attendance required to appear in the evaluation.
Attempts: Unlimited attempts allowed, with a 6-month gap between each.
Course Duration: 6 days with 24 technical sessions, held on weekends or 3 consecutive days based on batch needs.
3. Assessment Test (AT)
📅 Examination & CPE Credits
Examination: Conducted quarterly. Date and time will be shared via email.
CPE Hours: 30 Structured CPE Hours awarded upon course completion. Partial credits given for lower attendance.
Download books for Concurrent Audit of Bank Exam
🌟 Why CAB Certification is Essential for Chartered Accountants in Banking 💼
Why Build Your Career in Concurrent Banking Audit?
Develop specialized banking knowledge, strengthen your audit expertise, unlock professional opportunities and build valuable relationships across the financial ecosystem.
Specialized Banking Knowledge
Gain practical insights into banking operations, regulatory compliance and risk management — essential knowledge for effective concurrent audits.
Enhanced Auditing Skill Set
Strengthen core banking audit skills including transaction review, RBI compliance checks, control testing and risk monitoring.
Growing Demand in Banking
Build the knowledge and credibility needed to pursue concurrent audit assignments where regulatory compliance and monitoring are critical.
Recurring Revenue Opportunities
Concurrent audit engagements can provide recurring professional opportunities through monthly, quarterly or annual assignments.
Compliance Expertise
Deepen your understanding of banking regulations and develop the expertise to provide stronger compliance and risk-related advice.
Financial Institution Networking
Build professional relationships with banking teams and financial institutions, creating opportunities for future assignments and collaborations.
Stronger Career Prospects
Enhance your professional credibility and open pathways to opportunities across banks, NBFCs and the wider financial sector.
Contribute to Financial Stability
Help identify operational and financial risks, strengthen internal controls and contribute to a safer and more resilient banking ecosystem.
🌟 Important topics covered in the Topic Wise Quizzes in this course 💼
Master the Concepts That Matter in Banking Exams
This course provides a comprehensive overview of banking and finance, covering the concepts, regulations, products, operations, risk, compliance and practices essential for banking professionals.
Core Banking Operations & Regulations
Build a strong foundation in the laws, regulatory framework and systems governing banking operations in India.
- Banking Regulation Act, 1949
- Reserve Bank of India Act, 1934
- RBI circulars, notifications & guidelines
- Key banking committees and their roles
- Core Banking Solutions (CBS)
- Cooperative Banks & Regional Rural Banks (RRBs)
- Basel Accords and banking supervision
- Income Recognition & Asset Classification (IRAC)
- Important sections of banking-related Acts
- Centralized Credit Processing Units (CCPUs)
- Counterfeit currency & reporting procedures
- Stamp duty regulations
Legal & Regulatory Compliance
Understand the legal obligations and compliance framework applicable to banking institutions.
- Income-tax Act, 1961
- Insolvency procedures
- Insolvency and Bankruptcy Code (IBC)
- Prevention of Money Laundering Act (PMLA), 2002
- Anti-Money Laundering (AML) regulations
Customer Accounts & Services
Explore account types, customer verification, nomination and banking services.
- Joint accounts
- Savings Bank Accounts
- Small Accounts
- NRO & NRE accounts
- Know Your Customer (KYC)
- Nomination facilities
- Bank locker services & regulations
International Banking & Finance
Learn the fundamentals of international transactions, foreign exchange and cross-border financial activity.
- Foreign exchange markets
- FIMMDA
- Interest Not Collected Account (INCA)
- Liberalized Remittance Scheme (LRS)
Financial Transactions & Instruments
Cover major banking instruments, markets and transaction mechanisms.
- ATM transactions & customer rights
- Call money market
- Certificates of Deposit (CDs)
- Cheques & banking norms
- Commercial Paper
- Cash management
- Cash flow analysis & budgeting
- Treasury Bills
- Short-term finance
- Factoring of accounts receivable
- Unrealized income in prior year (URIPY)
- Nostro accounts
- Ledger and its banking applications
Lending, Credit & Security
Develop an understanding of lending products, credit risk, collateral and recovery mechanisms.
- Loans & classification
- Term loans
- Working capital management
- Lines of credit
- MSME lending & restructuring
- CGTMSE scheme
- Export finance
- Bank & corporate guarantees
- Credit rating
- Non-Performing Assets (NPAs)
- Special Mention Accounts (SMAs)
- Loan-loss provisions
- SARFAESI Act, 2002
- Mortgages
- Immovable property valuation
- Movable goods as collateral
Bank Lending & Operations
Covers practical day-to-day banking operations and lending-related topics not addressed in the other modules.
Financial Management & Risk
Learn how banks plan, manage capital, evaluate investments and control financial risk.
- Budgeting principles & practices
- Capital budgeting
- Cash budget
- Capital adequacy
- Risk management
- Portfolio management
- Diversification
- Investment strategies & asset allocation
- Interest calculation methods
Audit & Compliance
Understand the audit framework and control mechanisms used to maintain transparency, compliance and operational integrity.
- Concurrent audit
- General audit procedures
- Legal audit requirements
- Statutory audit
- Due diligence procedures for loans
