Concepts Master · CAIIB · BFM

BFM: Concepts and Practice

Book 2 for CAIIB’s Bank Financial Management paper: every unit of the syllabus taught in plain words, as it works at a bank’s desks, with practice questions and every answer explained. By G S Khurana; 2026–27 edition.

The chapters

• APart A: International Banking
• 1Exchange rates and forex businessp. 1
• 2LRS and remittancesp. 17
• 3Correspondent banking and NRI accountsp. 31
• 4Letters of creditp. 45
• 5Export and import financep. 67
• 6ECBs, foreign investment and ECGCp. 81
• 7RBI, FEMA, FEDAI and EXIM Bankp. 95
• 8IFSC, GIFT City and technologyp. 109
• BPart B: Risk Management
• 9The risk frameworkp. 123
• 10Basel I to IIIp. 137
• 11Market riskp. 151
• 12Credit riskp. 165
• 13Operational and integrated riskp. 181
• 14Liquidity risk, LCR and NSFRp. 195
• CPart C: Treasury Management
• 15Treasury functions and productsp. 211
• 16Funding and regulatory aspectsp. 225
• 17Treasury risk and derivativesp. 239
• 18Treasury and ALMp. 255
• DPart D: Balance Sheet Management
• 19The bank balance sheetp. 269
• 20Capital adequacyp. 283
• 21Asset classification and provisioningp. 297
• 22Interest rate risk and RAROCp. 313

Corrections and updates: see the errata page.