Bankers Pioneer Academy

Errata and updates

Confirmed corrections to Bankers Pioneer™ Books, and rule changes after each book's date.

Last updated 13 November 2026

Clerk to Officer Promotion Guide

2026–27 Edition, digital edition of November 2026 (book code PP-I-2627). Rules as on 15 October 2026.

Corrections

10 November 2026, pages 131, 132, 134 and 139 (answer 34): The guide said card interest falls only on the amount unpaid after the due date. That holds for late fees. If the bill is not paid in full by the due date, the interest-free period is lost and interest runs from the transaction date on the balance still owed (Credit Cards and Debit Cards Directions, paragraph 23(6) and its Explanation). Answer 34 stays b. The digital edition has been corrected.
10 November 2026, page 163: The guide said the 2017 Master Direction on relief measures in calamity areas stays on the RBI's list. The 2018 Directions were repealed for scheduled commercial banks from 1 July 2026 by the Repeal Directions of 29 April 2026, and four Directions issued that day replaced them. The digital edition has been corrected.
6 November 2026, page 179: The guide said compromise settlements with fraud or wilful-default borrowers need the Board in every case. They need the Management Committee of the Board, or the Board where that Committee approved the loan (Resolution Directions, paragraph 12(5)(ii)). The digital edition has been corrected.
6 November 2026, pages 25 (answer 36), 128, 129 and 134: The guide said the bank offers a switch to a fixed rate at a reset. Since 1 October 2025 that switch is at the bank's option, under its Board policy. The borrower's choice of a higher EMI, a longer tenure or both, and prepayment at any time, stands. The digital edition has been corrected.
6 November 2026, pages 416 and 460 (answers 19): These answers cited paragraphs 41 to 43 of the KYC Directions. The right paragraph is 42; paragraph 41 is transaction monitoring and paragraph 43 is PAN. The answers themselves stay the same. The digital edition has been corrected.
6 November 2026, page 146: The ECLGS 5.0 table gave the airline amount as up to 100% of “the same peak”, which pointed to peak working capital. For airlines the base is peak credit outstanding, fund-based and non-fund-based, in January to March 2026; the ₹1,500 crore cap is unchanged (NCGTC FAQs, updated 3 June 2026). The digital edition has been corrected.
5 November 2026, pages 243, 250, 251 (question 12) and 254 (answer 12): The guide said rupee income earned in India, such as rent, may not be credited to an NRE account. That was wrong. Current income in India, such as rent, may be credited to an NRE account once tax is paid, if the bank is satisfied it is current income (FEMA 5(R)/2016-RB, Schedule 1, paragraph 3(f)). The NRO account remains the usual place for it. In question 12, option a now reads EEFC account in place of NRE savings account, and the answer stays d. The digital edition has been corrected.
5 November 2026, pages 148 to 150, 153, 155, 423, 430, 437 and 445: These pages show Stand-Up India as a running scheme. It expired on 31 March 2025, so read them as the scheme stood until then. On 16 March 2026 the Finance Minister said a modified scheme would come soon; we found no notification of it as on 5 November 2026. Until one is notified, the branch can consider an ordinary MSME loan or, for a smaller amount, a Mudra loan. A question may still be asked on the old terms. Page 148 of the digital edition now says this.

Clerk to Officer Promotion Guide, SBI Edition

2026–27 Edition, digital edition of November 2026 (book code PP-I-SBI-2627). Rules as on 15 October 2026; SBI’s figures to the quarter ended 30 September 2026.

No corrections so far.

Scale I to II and II to III Promotion Guide, SBI Edition

2026–27 Edition, digital edition of November 2026 (book code PP-II-III-SBI-2627). Rules as on 15 October 2026; SBI’s figures to the quarter ended 30 September 2026.

No corrections so far.

Scale I to II and II to III Promotion Guide

2026–27 Edition, digital edition of October 2026 (book code PP-II-III-2627). Rules as on 15 October 2026.

Corrections

6 November 2026, pages 138 and 139: The guide said card interest falls only on the amount unpaid after the due date. That holds for late fees. If the bill is not paid in full by the due date, the interest-free period is lost and interest runs from the transaction date on the balance still owed (Credit Cards and Debit Cards Directions, paragraph 23(6) and its Explanation). The digital edition has been corrected.
6 November 2026, page 147: The guide limited with-recourse factoring to MSE receivables. The assignor may be a Micro, Small or Medium Enterprise (Priority Sector Directions, paragraph 10.1). The digital edition has been corrected.
6 November 2026, page 177: The transition line did not say which ECL is compared. It is the ECL required on 1 April 2027 against the IRACP provisions held on 31 March 2027 (ECL Directions, paragraph 107). The digital edition has been corrected.
6 November 2026, pages 212, 213 and 216: The guide multiplied market-risk charges straight by 12.5. Under the Market Risk Directions, 2026, from 1 April 2027 each class is first scaled (interest rate 1.30, equity 3.50, foreign exchange 1.20), and the total is then multiplied by 12.5. The worked example now gives ₹559 crore, not ₹205 crore. The digital edition has been corrected.
6 November 2026, page 162: The guide said the 2017 Master Direction on relief measures stays on the RBI’s list. The 2018 Directions were repealed for scheduled commercial banks from 1 July 2026 by the Repeal Directions of 29 April 2026, and four Directions issued that day replaced them. The digital edition has been corrected.
6 November 2026, pages 176 and 402 (answer 45): The guide said rebutting the 30-day presumption needs the approval of the Board or a Board committee. It is the policy that the Board or its committee approves, and each case is documented (ECL Directions, paragraphs 33 to 36). The digital edition has been corrected.
6 November 2026, pages 185, 188, 193 (answer 18) and 366 (answer 39): The guide said compromise settlements with fraud or wilful-default borrowers need the Board in every case. They need the Management Committee of the Board, or the Board where that Committee approved the loan (Resolution Directions, paragraph 12(5)(ii)). The digital edition has been corrected.
6 November 2026, pages 136 and 140: The guide said the bank offers a switch to a fixed rate at a reset. Since 1 October 2025 that switch is at the bank's option, under its Board policy. The borrower's choice of a higher EMI, a longer tenure or both, and prepayment at any time, stands. The digital edition has been corrected.
6 November 2026, page 54: The heading cited paragraphs 41 to 43 of the KYC Directions for periodic updation. The right paragraph is 42(1); paragraph 41 is transaction monitoring and paragraph 43 is PAN. The digital edition has been corrected.
6 November 2026, page 149: The ECLGS 5.0 table gave the airline amount as up to 100% of “the same peak”, which pointed to peak working capital. For airlines the base is peak credit outstanding, fund-based and non-fund-based, in January to March 2026; the ₹1,500 crore cap is unchanged (NCGTC FAQs, updated 3 June 2026). The digital edition has been corrected.
6 November 2026, page 149: The sentence read as if the CGTMSE terms for units promoted by transgender entrepreneurs began with the changes of 1 April 2025. They began on 1 March 2025. The digital edition has been corrected.
6 November 2026, page 78: The guide said RTGS carried about two-thirds of the value of all payments. It carried over two-thirds; about 65.5% is its customer share alone. The digital edition has been corrected.
5 November 2026, pages 150, 358, 382 and 389: These pages show Stand-Up India as a running scheme. It expired on 31 March 2025, so read them as the scheme stood until then. On 16 March 2026 the Finance Minister said a modified scheme would come soon; we found no notification of it as on 5 November 2026. Until one is notified, the branch can consider an ordinary MSME loan or, for a smaller amount, a Mudra loan. A question may still be asked on the old terms.

Changes after the book's date

21 September 2026: The RBI's Market Risk Directions, 2026 apply from 1 April 2027. They add scaling factors to the standardised market-risk charges, which Chapter 16 now shows.

Scale I to II and II to III Promotion Guide, Bank of Baroda Edition

2026–27 Edition, digital edition of October 2026 (book code PP-II-III-BOB-2627). Rules as on 15 October 2026.

Corrections

6 November 2026, pages 141 and 142: The guide said card interest falls only on the amount unpaid after the due date. That holds for late fees. If the bill is not paid in full by the due date, the interest-free period is lost and interest runs from the transaction date on the balance still owed (Credit Cards and Debit Cards Directions, paragraph 23(6) and its Explanation). The digital edition has been corrected.
6 November 2026, page 151: The guide limited with-recourse factoring to MSE receivables. The assignor may be a Micro, Small or Medium Enterprise (Priority Sector Directions, paragraph 10.1). The digital edition has been corrected.
6 November 2026, page 183: The transition line did not say which ECL is compared. It is the ECL required on 1 April 2027 against the IRACP provisions held on 31 March 2027 (ECL Directions, paragraph 107). The digital edition has been corrected.
6 November 2026, pages 216, 217 and 220: The guide multiplied market-risk charges straight by 12.5. Under the Market Risk Directions, 2026, from 1 April 2027 each class is first scaled (interest rate 1.30, equity 3.50, foreign exchange 1.20), and the total is then multiplied by 12.5. The worked example now gives ₹559 crore, not ₹205 crore. The digital edition has been corrected.
6 November 2026, page 166: The guide said the 2017 Master Direction on relief measures stays on the RBI’s list. The 2018 Directions were repealed for scheduled commercial banks from 1 July 2026 by the Repeal Directions of 29 April 2026, and four Directions issued that day replaced them. The digital edition has been corrected.
6 November 2026, pages 182 and 187: The guide said rebutting the 30-day presumption needs the approval of the Board or a Board committee. It is the policy that the Board or its committee approves, and each case is documented (ECL Directions, paragraphs 33 to 36). The digital edition has been corrected.
6 November 2026, pages 191, 194, 198 and 387: The guide said compromise settlements with fraud or wilful-default borrowers need the Board in every case. They need the Management Committee of the Board, or the Board where that Committee approved the loan (Resolution Directions, paragraph 12(5)(ii)). The digital edition has been corrected.
6 November 2026, pages 139 and 143: The guide said the bank offers a switch to a fixed rate at a reset. Since 1 October 2025 that switch is at the bank's option, under its Board policy. The borrower's choice of a higher EMI, a longer tenure or both, and prepayment at any time, stands. The digital edition has been corrected.
6 November 2026, page 58: The heading cited paragraphs 41 to 43 of the KYC Directions for periodic updation. The right paragraph is 42(1); paragraph 41 is transaction monitoring and paragraph 43 is PAN. The digital edition has been corrected.
6 November 2026, page 153: The ECLGS 5.0 table gave the airline amount as up to 100% of “the same peak”, which pointed to peak working capital. For airlines the base is peak credit outstanding, fund-based and non-fund-based, in January to March 2026; the ₹1,500 crore cap is unchanged (NCGTC FAQs, updated 3 June 2026). The digital edition has been corrected.
6 November 2026, page 153: The sentence read as if the CGTMSE terms for units promoted by transgender entrepreneurs began with the changes of 1 April 2025. They began on 1 March 2025. The digital edition has been corrected.
6 November 2026, page 82: The guide said RTGS carried about two-thirds of the value of all payments. It carried over two-thirds; about 65.5% is its customer share alone. The digital edition has been corrected.
5 November 2026, pages 154, 365, 380 and 388: These pages show Stand-Up India as a running scheme. It expired on 31 March 2025, so read them as the scheme stood until then. On 16 March 2026 the Finance Minister said a modified scheme would come soon; we found no notification of it as on 5 November 2026. Until one is notified, the branch can consider an ordinary MSME loan or, for a smaller amount, a Mudra loan. A question may still be asked on the old terms.

Changes after the book's date

13 November 2026: Bank of Baroda's latest notice for officer promotions sets one test for every step: 100 questions for 100 marks in 105 minutes, 75 on banking operations and the bank's products and guidelines, 20 on general banking awareness and 5 on the bank's recent initiatives, with caselets; the paper is bilingual. It does not say whether wrong answers cost marks, so check your own notice. Part 1 (the test, the pace and how each test shares its questions), the chapter openers and the four practice tests of Part 7 now follow it: each test has 100 questions, with five Part I questions on general awareness moved to Part II, and its answers, score table and error log. No page number changes. The corrections above keep their place in the tests; their Part 7 page and question numbers are those before this update. The digital edition has been updated.
11 November 2026: Part 1A, two chapters on Bank of Baroda itself with 70 questions, is added after Part 1, on pages B1 to B26. No other page number changes.
21 September 2026: The RBI's Market Risk Directions, 2026 apply from 1 April 2027. They add scaling factors to the standardised market-risk charges, which Chapter 16 now shows.

Scale I to II and II to III Promotion Guide, Public Sector Banks Edition

2026–27 Edition, digital edition of October 2026 (book code PP-II-III-PSB-2627). Rules as on 15 October 2026.

Corrections

6 November 2026, pages 138 and 139: The guide said card interest falls only on the amount unpaid after the due date. That holds for late fees. If the bill is not paid in full by the due date, the interest-free period is lost and interest runs from the transaction date on the balance still owed (Credit Cards and Debit Cards Directions, paragraph 23(6) and its Explanation). The digital edition has been corrected.
6 November 2026, page 147: The guide limited with-recourse factoring to MSE receivables. The assignor may be a Micro, Small or Medium Enterprise (Priority Sector Directions, paragraph 10.1). The digital edition has been corrected.
6 November 2026, page 177: The transition line did not say which ECL is compared. It is the ECL required on 1 April 2027 against the IRACP provisions held on 31 March 2027 (ECL Directions, paragraph 107). The digital edition has been corrected.
6 November 2026, pages 212, 213 and 216: The guide multiplied market-risk charges straight by 12.5. Under the Market Risk Directions, 2026, from 1 April 2027 each class is first scaled (interest rate 1.30, equity 3.50, foreign exchange 1.20), and the total is then multiplied by 12.5. The worked example now gives ₹559 crore, not ₹205 crore. The digital edition has been corrected.
6 November 2026, page 162: The guide said the 2017 Master Direction on relief measures stays on the RBI’s list. The 2018 Directions were repealed for scheduled commercial banks from 1 July 2026 by the Repeal Directions of 29 April 2026, and four Directions issued that day replaced them. The digital edition has been corrected.
6 November 2026, pages 176 and 402 (answer 45): The guide said rebutting the 30-day presumption needs the approval of the Board or a Board committee. It is the policy that the Board or its committee approves, and each case is documented (ECL Directions, paragraphs 33 to 36). The digital edition has been corrected.
6 November 2026, pages 185, 188, 193 (answer 18) and 366 (answer 39): The guide said compromise settlements with fraud or wilful-default borrowers need the Board in every case. They need the Management Committee of the Board, or the Board where that Committee approved the loan (Resolution Directions, paragraph 12(5)(ii)). The digital edition has been corrected.
6 November 2026, pages 136 and 140: The guide said the bank offers a switch to a fixed rate at a reset. Since 1 October 2025 that switch is at the bank's option, under its Board policy. The borrower's choice of a higher EMI, a longer tenure or both, and prepayment at any time, stands. The digital edition has been corrected.
6 November 2026, page 54: The heading cited paragraphs 41 to 43 of the KYC Directions for periodic updation. The right paragraph is 42(1); paragraph 41 is transaction monitoring and paragraph 43 is PAN. The digital edition has been corrected.
6 November 2026, page 149: The ECLGS 5.0 table gave the airline amount as up to 100% of “the same peak”, which pointed to peak working capital. For airlines the base is peak credit outstanding, fund-based and non-fund-based, in January to March 2026; the ₹1,500 crore cap is unchanged (NCGTC FAQs, updated 3 June 2026). The digital edition has been corrected.
6 November 2026, page 149: The sentence read as if the CGTMSE terms for units promoted by transgender entrepreneurs began with the changes of 1 April 2025. They began on 1 March 2025. The digital edition has been corrected.
6 November 2026, page 78: The guide said RTGS carried about two-thirds of the value of all payments. It carried over two-thirds; about 65.5% is its customer share alone. The digital edition has been corrected.
5 November 2026, pages 150, 358, 382 and 389: These pages show Stand-Up India as a running scheme. It expired on 31 March 2025, so read them as the scheme stood until then. On 16 March 2026 the Finance Minister said a modified scheme would come soon; we found no notification of it as on 5 November 2026. Until one is notified, the branch can consider an ordinary MSME loan or, for a smaller amount, a Mudra loan. A question may still be asked on the old terms.

Changes after the book's date

10 November 2026: Part 10, with a chapter each on Bank of India, Canara Bank and Union Bank of India, is added to the digital edition, on pages 448 to 469. Short forms, the index and this errata page now start on page 470.
21 September 2026: The RBI's Market Risk Directions, 2026 apply from 1 April 2027. They add scaling factors to the standardised market-risk charges, which Chapter 16 now shows.

Scale I to II and II to III Promotion Guide, PNB Edition

2026–27 Edition, digital edition of November 2026 (book code PP-II-III-PNB-2627). Rules as on 15 October 2026.

Changes after the book's date

11 November 2026: Part 1A, PNB chapter by chapter, is added right after Part 1, on pages B1 to B24. Chapter 1A shows how PNB applies the rule of each chapter, with the policies it publishes and 20 practice questions; Chapter 1B prepares the interview on the bank itself. No other page number changes.

Scale III to IV: Credit, Leadership and the Interview

2026–27 Edition, digital edition of October 2026 (book code PP-IV-2627). Rules as on 15 October 2026.

Corrections

6 November 2026, page 113: The transition line did not say which ECL is compared. It is the ECL required on 1 April 2027 against the IRACP provisions held on 31 March 2027 (ECL Directions, paragraph 107). The digital edition has been corrected.
6 November 2026, pages 177 and 186 (answer 36): The guide gave rupee invoicing as 6.21% of exports in 2025–26. The RBI’s table of 25 September 2026 shows 6.29%. The digital edition has been corrected.
6 November 2026, page 224: The guide said no loan or service may be conditional on a third-party product. The rule bars compulsory bundling, and a needed risk mitigant may be bought from any provider the customer chooses (Responsible Business Conduct Directions, paragraph 85V). The digital edition has been corrected.
6 November 2026, page 47: The guide gave the ₹48,021 crore of frauds reported in 2025–26 without saying that ₹30,199 crore of it was 314 older cases reported afresh (RBI Annual Report 2025–26, Table VI.2, note 6). The digital edition has been corrected.
6 November 2026, pages 67, 112 and 125 (answer 26): The guide said rebutting the 30-day presumption needs the approval of the Board or a Board committee. It is the policy that the Board or its committee approves, and each case is documented (ECL Directions, paragraphs 33 to 36). The digital edition has been corrected.
6 November 2026, pages 115, 119 and 125 (answer 39): The guide said compromise settlements with fraud or wilful-default borrowers need the Board in every case. They need the Management Committee of the Board, or the Board where that Committee approved the loan (Resolution Directions, paragraph 12(5)(ii)). The digital edition has been corrected.
6 November 2026, pages 76, 79, 84, 86 (question 6) and 90 (answer 6): The guide counted any grant towards the 90% of project cost needed for financial closure. A grant counts only in an infrastructure project under public-private partnership (PPP); elsewhere the 90% must come from legally binding equity and debt (RBI Credit Facilities Directions, paragraph 4(1)(xiii)). Question 6 now says the project is a PPP road, and the answer stays c. The digital edition has been corrected.
6 November 2026, pages 133, 140 (question 45) and 359 (question 28): The worked example on the liquidation waterfall ranked lenders who relinquished their security at their full claim. Under the Explanation added to section 53 of the Insolvency and Bankruptcy Code in 2026, they rank only to the value of the security they gave up, and the rest of their claim is unsecured. The example now takes the plant at the ₹84 crore it realises, so rank 2 is workmen ₹6 crore plus ₹84 crore, each claimant gets 88.89%, and your bank receives ₹28.00 crore, not ₹28.57 crore. Questions 45 and 28 now state the value of the security, and their answers stay the same. The digital edition has been corrected.
6 November 2026, pages 207 and 354 (answer 53): The guide said RTGS carries about 66.8% of the value of digital payments, and answer 53 gave its share as 65.5%. RTGS carries about 72.4% of digital payments by value, or 66.8% in customer transfers alone; 65.5% is its customer share of all payments, paper included. The answer stays c. The digital edition has been corrected.
5 November 2026, pages 95, 357 and 366: These pages show Stand-Up India as a running scheme. It expired on 31 March 2025, so read them as the scheme stood until then. On 16 March 2026 the Finance Minister said a modified scheme would come soon; we found no notification of it as on 5 November 2026. Until one is notified, the branch can consider an ordinary MSME loan or, for a smaller amount, a Mudra loan. A question may still be asked on the old terms.

Scale III to IV: Credit, Leadership and the Interview, Bank of Baroda Edition

2026–27 Edition, digital edition of October 2026 (book code PP-IV-BOB-2627). Rules as on 15 October 2026.

Corrections

6 November 2026, page 116: The transition line did not say which ECL is compared. It is the ECL required on 1 April 2027 against the IRACP provisions held on 31 March 2027 (ECL Directions, paragraph 107). The digital edition has been corrected.
6 November 2026, page 180 and its answer: The guide gave rupee invoicing as 6.21% of exports in 2025–26. The RBI’s table of 25 September 2026 shows 6.29%. The digital edition has been corrected.
6 November 2026, page 224: The guide said no loan or service may be conditional on a third-party product. The rule bars compulsory bundling, and a needed risk mitigant may be bought from any provider the customer chooses (Responsible Business Conduct Directions, paragraph 85V). The digital edition has been corrected.
6 November 2026, page 50: The guide gave the ₹48,021 crore of frauds reported in 2025–26 without saying that ₹30,199 crore of it was 314 older cases reported afresh (RBI Annual Report 2025–26, Table VI.2, note 6). The digital edition has been corrected.
6 November 2026, pages 70, 115 and 128: The guide said rebutting the 30-day presumption needs the approval of the Board or a Board committee. It is the policy that the Board or its committee approves, and each case is documented (ECL Directions, paragraphs 33 to 36). The digital edition has been corrected.
6 November 2026, pages 118, 122 and 128: The guide said compromise settlements with fraud or wilful-default borrowers need the Board in every case. They need the Management Committee of the Board, or the Board where that Committee approved the loan (Resolution Directions, paragraph 12(5)(ii)). The digital edition has been corrected.
6 November 2026, pages 81, 84, 89, 91 (question 6) and 95 (answer 6): The guide counted any grant towards the 90% of project cost needed for financial closure. A grant counts only in an infrastructure project under public-private partnership (PPP); elsewhere the 90% must come from legally binding equity and debt (RBI Credit Facilities Directions, paragraph 4(1)(xiii)). Question 6 now says the project is a PPP road, and the answer stays c. The digital edition has been corrected.
6 November 2026, pages 138, 145 (question 45) and 304 (question 48): The worked example on the liquidation waterfall ranked lenders who relinquished their security at their full claim. Under the Explanation added to section 53 of the Insolvency and Bankruptcy Code in 2026, they rank only to the value of the security they gave up, and the rest of their claim is unsecured. The example now takes the plant at the ₹84 crore it realises, so rank 2 is workmen ₹6 crore plus ₹84 crore, each claimant gets 88.89%, and your bank receives ₹28.00 crore, not ₹28.57 crore. Questions 45 and 48 now state the value of the security, and their answers stay the same. The digital edition has been corrected.
6 November 2026, pages 210 and 297 (answer 70): The guide said RTGS carries about 66.8% of the value of digital payments, and answer 70 gave its share as 65.5%. RTGS carries about 72.4% of digital payments by value, or 66.8% in customer transfers alone; 65.5% is its customer share of all payments, paper included. The answer stays c. The digital edition has been corrected.
5 November 2026, pages 100, 306 and 314: These pages show Stand-Up India as a running scheme. It expired on 31 March 2025, so read them as the scheme stood until then. On 16 March 2026 the Finance Minister said a modified scheme would come soon; we found no notification of it as on 5 November 2026. Until one is notified, the branch can consider an ordinary MSME loan or, for a smaller amount, a Mudra loan. A question may still be asked on the old terms.

Changes after the book's date

13 November 2026: Bank of Baroda's latest notice for officer promotions sets one test for every step: 100 questions for 100 marks in 105 minutes, 75 on banking operations and the bank's products and guidelines, 20 on general banking awareness and 5 on the bank's recent initiatives, with caselets; the paper is bilingual. It does not say whether wrong answers cost marks, so check your own notice. Chapter 1 (the test, the pace and the chapter card), the chapter openers and the two practice tests of Part 7 now follow it: each test has 100 questions with its two caselets, five Part I questions on general awareness moved to Part II, and its answers, score table and error log. No page number changes. The corrections above keep their place in the tests; their Part 7 page and question numbers are those before this update. The digital edition has been updated.
11 November 2026: Part 1A, two chapters on Bank of Baroda itself with 70 questions, is added after Part 1, on pages B1 to B26. No other page number changes.

Scale III to IV: Credit, Leadership and the Interview, Public Sector Banks Edition

2026–27 Edition, digital edition of October 2026 (book code PP-IV-PSB-2627). Rules as on 15 October 2026.

Corrections

6 November 2026, page 113: The transition line did not say which ECL is compared. It is the ECL required on 1 April 2027 against the IRACP provisions held on 31 March 2027 (ECL Directions, paragraph 107). The digital edition has been corrected.
6 November 2026, pages 177 and 186 (answer 36): The guide gave rupee invoicing as 6.21% of exports in 2025–26. The RBI’s table of 25 September 2026 shows 6.29%. The digital edition has been corrected.
6 November 2026, page 224: The guide said no loan or service may be conditional on a third-party product. The rule bars compulsory bundling, and a needed risk mitigant may be bought from any provider the customer chooses (Responsible Business Conduct Directions, paragraph 85V). The digital edition has been corrected.
6 November 2026, page 47: The guide gave the ₹48,021 crore of frauds reported in 2025–26 without saying that ₹30,199 crore of it was 314 older cases reported afresh (RBI Annual Report 2025–26, Table VI.2, note 6). The digital edition has been corrected.
6 November 2026, pages 67, 112 and 125 (answer 26): The guide said rebutting the 30-day presumption needs the approval of the Board or a Board committee. It is the policy that the Board or its committee approves, and each case is documented (ECL Directions, paragraphs 33 to 36). The digital edition has been corrected.
6 November 2026, pages 115, 119 and 125 (answer 39): The guide said compromise settlements with fraud or wilful-default borrowers need the Board in every case. They need the Management Committee of the Board, or the Board where that Committee approved the loan (Resolution Directions, paragraph 12(5)(ii)). The digital edition has been corrected.
6 November 2026, pages 76, 79, 84, 86 (question 6) and 90 (answer 6): The guide counted any grant towards the 90% of project cost needed for financial closure. A grant counts only in an infrastructure project under public-private partnership (PPP); elsewhere the 90% must come from legally binding equity and debt (RBI Credit Facilities Directions, paragraph 4(1)(xiii)). Question 6 now says the project is a PPP road, and the answer stays c. The digital edition has been corrected.
6 November 2026, pages 133, 140 (question 45) and 359 (question 28): The worked example on the liquidation waterfall ranked lenders who relinquished their security at their full claim. Under the Explanation added to section 53 of the Insolvency and Bankruptcy Code in 2026, they rank only to the value of the security they gave up, and the rest of their claim is unsecured. The example now takes the plant at the ₹84 crore it realises, so rank 2 is workmen ₹6 crore plus ₹84 crore, each claimant gets 88.89%, and your bank receives ₹28.00 crore, not ₹28.57 crore. Questions 45 and 28 now state the value of the security, and their answers stay the same. The digital edition has been corrected.
6 November 2026, pages 207 and 354 (answer 53): The guide said RTGS carries about 66.8% of the value of digital payments, and answer 53 gave its share as 65.5%. RTGS carries about 72.4% of digital payments by value, or 66.8% in customer transfers alone; 65.5% is its customer share of all payments, paper included. The answer stays c. The digital edition has been corrected.
5 November 2026, pages 95, 357 and 366: These pages show Stand-Up India as a running scheme. It expired on 31 March 2025, so read them as the scheme stood until then. On 16 March 2026 the Finance Minister said a modified scheme would come soon; we found no notification of it as on 5 November 2026. Until one is notified, the branch can consider an ordinary MSME loan or, for a smaller amount, a Mudra loan. A question may still be asked on the old terms.

Changes after the book's date

10 November 2026: Part 11, with a chapter each on Bank of India, Canara Bank and Union Bank of India, is added to the digital edition, on pages 425 to 446. Short forms, the index and this errata page now start on page 447.

Scale III to IV: Credit, Leadership and the Interview, PNB Edition

2026–27 Edition, digital edition of November 2026 (book code PP-IV-PNB-2627). Rules as on 15 October 2026.

Changes after the book's date

11 November 2026: Part 1A, PNB chapter by chapter, is added right after Part 1, on pages B1 to B22. Chapter 1A shows how PNB applies the rule of each chapter, with the policies it publishes and 20 practice questions; Chapter 1B prepares the interview on the bank itself. No other page number changes.

Scale IV to V Written Test Guide

2026–27 Edition, digital edition of October 2026 (book code PP-V-2627). Rules as on 15 October 2026.

Corrections

6 November 2026, page 54: The guide cited the circular of 20 November 2014 for the minimum-balance rule. It now sits in the Responsible Business Conduct Directions, 2025, paragraph 160. The digital edition has been corrected.
6 November 2026, page 99: The guide gave the ₹48,021 crore of frauds reported in 2025–26 without saying that ₹30,199 crore of it was 314 older cases reported afresh (RBI Annual Report 2025–26, Table VI.2, note 6). The digital edition has been corrected.
6 November 2026, page 126: The guide said rebutting the 30-day presumption needs the approval of the Board or a Board committee. It is the policy that the Board or its committee approves, and each case is documented (ECL Directions, paragraphs 33 to 36). The digital edition has been corrected.
6 November 2026, pages 137 and 144: The guide said compromise settlements with fraud or wilful-default borrowers need the Board in every case. They need the Management Committee of the Board, or the Board where that Committee approved the loan (Resolution Directions, paragraph 12(5)(ii)). The digital edition has been corrected.
6 November 2026, page 161: The worked example tested the dividend for 2027–28 on CET1 at the end of that year. Table 1 of the Dividend Directions uses CET1 at the end of the previous year. The band and the cap stay the same. The digital edition has been corrected.
6 November 2026, pages 238 and 249 (answer 3): The guide gave 29 April 2021 as the date the RBI joined the Network for Greening the Financial System, in the text and in the answer to question 3. The RBI joined on 23 April 2021 and announced it on 29 April. Question 3 asks only for the month and year, so its answer stays a. The digital edition has been corrected.
6 November 2026, pages 120, 127, 129 (question 13) and 132 (answer 13): The guide counted any grant towards the 90% of project cost needed for financial closure. A grant counts only in an infrastructure project under public-private partnership (PPP); elsewhere the 90% must come from legally binding equity and debt (RBI Credit Facilities Directions, paragraph 4(1)(xiii)). In question 13, option c now reads equity, debt and PPP grants, and the answer stays c. The digital edition has been corrected.
6 November 2026, pages 209 and 220 (answer 6): The table gave 65.5% as the RTGS share of the value of all payments in June 2026. That figure covers customer transfers only, and the table now says so. The answer on the RTGS share now says over two-thirds, not about two-thirds, and the option marked correct is unchanged. The digital edition has been corrected.
5 November 2026, pages 35 and 330: These pages show Stand-Up India as a running scheme. It expired on 31 March 2025, so read them as the scheme stood until then. On 16 March 2026 the Finance Minister said a modified scheme would come soon; we found no notification of it as on 5 November 2026. Until one is notified, the branch can consider an ordinary MSME loan or, for a smaller amount, a Mudra loan. A question may still be asked on the old terms.

Changes after the book's date

21 September 2026: The RBI's Market Risk Directions, 2026 apply from 1 April 2027. They add scaling factors to the standardised market-risk charges; the charges in Chapter 10 apply until 31 March 2027.

Scale IV to V Written Test Guide, Bank of Baroda Edition

2026–27 Edition, digital edition of October 2026 (book code PP-V-BOB-2627). Rules as on 15 October 2026.

Corrections

6 November 2026, page 60: The guide cited the circular of 20 November 2014 for the minimum-balance rule. It now sits in the Responsible Business Conduct Directions, 2025, paragraph 160. The digital edition has been corrected.
6 November 2026, page 105: The guide gave the ₹48,021 crore of frauds reported in 2025–26 without saying that ₹30,199 crore of it was 314 older cases reported afresh (RBI Annual Report 2025–26, Table VI.2, note 6). The digital edition has been corrected.
6 November 2026, page 132: The guide said rebutting the 30-day presumption needs the approval of the Board or a Board committee. It is the policy that the Board or its committee approves, and each case is documented (ECL Directions, paragraphs 33 to 36). The digital edition has been corrected.
6 November 2026, pages 144 and 151: The guide said compromise settlements with fraud or wilful-default borrowers need the Board in every case. They need the Management Committee of the Board, or the Board where that Committee approved the loan (Resolution Directions, paragraph 12(5)(ii)). The digital edition has been corrected.
6 November 2026, page 168: The worked example tested the dividend for 2027–28 on CET1 at the end of that year. Table 1 of the Dividend Directions uses CET1 at the end of the previous year. The band and the cap stay the same. The digital edition has been corrected.
6 November 2026, pages 244 and 255 (answer 3): The guide gave 29 April 2021 as the date the RBI joined the Network for Greening the Financial System, in the text and in the answer to question 3. The RBI joined on 23 April 2021 and announced it on 29 April. Question 3 asks only for the month and year, so its answer stays a. The digital edition has been corrected.
6 November 2026, pages 126, 133, 136 (question 13) and 139 (answer 13): The guide counted any grant towards the 90% of project cost needed for financial closure. A grant counts only in an infrastructure project under public-private partnership (PPP); elsewhere the 90% must come from legally binding equity and debt (RBI Credit Facilities Directions, paragraph 4(1)(xiii)). In question 13, option c now reads equity, debt and PPP grants, and the answer stays c. The digital edition has been corrected.
6 November 2026, pages 215 and 226 (answer 3): The table gave 65.5% as the RTGS share of the value of all payments in June 2026. That figure covers customer transfers only, and the table now says so. The answer on the RTGS share now says over two-thirds, not about two-thirds, and the option marked correct is unchanged. The digital edition has been corrected.
5 November 2026, pages 42, 295, 323, 348 and 356: These pages show Stand-Up India as a running scheme. It expired on 31 March 2025, so read them as the scheme stood until then. On 16 March 2026 the Finance Minister said a modified scheme would come soon; we found no notification of it as on 5 November 2026. Until one is notified, the branch can consider an ordinary MSME loan or, for a smaller amount, a Mudra loan. A question may still be asked on the old terms.

Changes after the book's date

13 November 2026: Bank of Baroda's latest notice for officer promotions sets one test for every step: 100 questions for 100 marks in 105 minutes, 75 on banking operations and the bank's products and guidelines, 20 on general banking awareness and 5 on the bank's recent initiatives, with caselets; the paper is bilingual. It does not say whether wrong answers cost marks, so check your own notice. Chapter 1 (the test, the pace and the chapter card), the chapter openers and the three practice tests of Part 7 now follow it: each test has 100 questions with its two caselets, its answers and score table, and an error-log page. No page number changes. In Test 2, the explanation of question 34 again shows its powers of 1.09. The digital edition has been updated.
11 November 2026: Part 1A, two chapters on Bank of Baroda itself with 70 questions, is added after Part 1, on pages B1 to B26. No other page number changes.
21 September 2026: The RBI's Market Risk Directions, 2026 apply from 1 April 2027. They add scaling factors to the standardised market-risk charges; the charges in Chapter 10 apply until 31 March 2027.

Scale IV to V Written Test Guide, Public Sector Banks Edition

2026–27 Edition, digital edition of October 2026 (book code PP-V-PSB-2627). Rules as on 15 October 2026.

Corrections

6 November 2026, page 54: The guide cited the circular of 20 November 2014 for the minimum-balance rule. It now sits in the Responsible Business Conduct Directions, 2025, paragraph 160. The digital edition has been corrected.
6 November 2026, page 99: The guide gave the ₹48,021 crore of frauds reported in 2025–26 without saying that ₹30,199 crore of it was 314 older cases reported afresh (RBI Annual Report 2025–26, Table VI.2, note 6). The digital edition has been corrected.
6 November 2026, page 126: The guide said rebutting the 30-day presumption needs the approval of the Board or a Board committee. It is the policy that the Board or its committee approves, and each case is documented (ECL Directions, paragraphs 33 to 36). The digital edition has been corrected.
6 November 2026, pages 137 and 144: The guide said compromise settlements with fraud or wilful-default borrowers need the Board in every case. They need the Management Committee of the Board, or the Board where that Committee approved the loan (Resolution Directions, paragraph 12(5)(ii)). The digital edition has been corrected.
6 November 2026, page 161: The worked example tested the dividend for 2027–28 on CET1 at the end of that year. Table 1 of the Dividend Directions uses CET1 at the end of the previous year. The band and the cap stay the same. The digital edition has been corrected.
6 November 2026, pages 238 and 249 (answer 3): The guide gave 29 April 2021 as the date the RBI joined the Network for Greening the Financial System, in the text and in the answer to question 3. The RBI joined on 23 April 2021 and announced it on 29 April. Question 3 asks only for the month and year, so its answer stays a. The digital edition has been corrected.
6 November 2026, pages 120, 127, 129 (question 13) and 132 (answer 13): The guide counted any grant towards the 90% of project cost needed for financial closure. A grant counts only in an infrastructure project under public-private partnership (PPP); elsewhere the 90% must come from legally binding equity and debt (RBI Credit Facilities Directions, paragraph 4(1)(xiii)). In question 13, option c now reads equity, debt and PPP grants, and the answer stays c. The digital edition has been corrected.
6 November 2026, pages 209 and 220 (answer 6): The table gave 65.5% as the RTGS share of the value of all payments in June 2026. That figure covers customer transfers only, and the table now says so. The answer on the RTGS share now says over two-thirds, not about two-thirds, and the option marked correct is unchanged. The digital edition has been corrected.
5 November 2026, pages 35 and 330: These pages show Stand-Up India as a running scheme. It expired on 31 March 2025, so read them as the scheme stood until then. On 16 March 2026 the Finance Minister said a modified scheme would come soon; we found no notification of it as on 5 November 2026. Until one is notified, the branch can consider an ordinary MSME loan or, for a smaller amount, a Mudra loan. A question may still be asked on the old terms.

Changes after the book's date

10 November 2026: Part 10, with a chapter each on Bank of India, Canara Bank and Union Bank of India, is added to the digital edition, on pages 438 to 459. Short forms, the index and this errata page now start on page 460.
21 September 2026: The RBI's Market Risk Directions, 2026 apply from 1 April 2027. They add scaling factors to the standardised market-risk charges; the charges in Chapter 10 apply until 31 March 2027.

Scale IV to V Written Test Guide, PNB Edition

2026–27 Edition, digital edition of November 2026 (book code PP-V-PNB-2627). Rules as on 15 October 2026.

Changes after the book's date

11 November 2026: Part 1A, PNB chapter by chapter, is added right after Part 1, on pages B1 to B22. Chapter 1A shows how PNB applies the rule of each chapter, with the policies it publishes and 20 practice questions; Chapter 1B prepares the group discussion and the interview on the bank itself. No other page number changes.

Read a Balance Sheet in 30 Minutes

First edition, 2026–27, digital edition of November 2026 (book code BT-BS30-2627). Rules as on 15 November 2026.

No corrections so far.

AI for Bankers

First edition, 2026–27, digital edition of November 2026 (book code BT-AI-2627). Rules as on 15 November 2026.

Rules to watch

RBI’s draft guidance on model risk management (24 June 2026) and its draft procedure for temporary debit holds on suspected mule accounts (September 2026, proposed from 1 April 2027) were still drafts on 15 November 2026. Final versions will be noted here.

No corrections so far. New and revised prompts are posted in the AI prompt library.

BFM Numericals Solved

Book 1, 2026–27 edition, digital edition of November 2026 (book code NM-CAIIB-BFM-2627). Rules as on 11 November 2026 (Chapters 1 and 2: 16 October 2026). Every rule note marked Recheck is listed on page 367 of the book.

13 November 2026 · December 2026 Exam Update added. Eight new pages, 369 to 376, after the Notes: the rules IIBF expects at its cut-off of 30 June 2026 for the December 2026 paper (repo 5.25%, SDF 5.00%, MSF and Bank Rate 5.50%, so the repo-linked loan in Example 15.8 prices at 8.20%), CRR penalties and additional provisions, market risk capital with its disallowances step by step, options and futures, and 20 questions with worked answers, some without options as in IIBF’s papers. No earlier page number changed, and no answer changed. Readers of the e-book already have the new pages, and the text edition matches.

13 November 2026 · Pages 310 and 318. The “Rates today” note and the Chapter 15 card now add that the repo rate was 5.25% at IIBF’s 30 June cut-off, the rate to use in the December 2026 paper. 5.50% has applied since 7 October 2026.

BFM: Concepts and Practice

Book 2, 2026–27 edition, digital edition of November 2026 (book code CM-CAIIB-BFM-2627). Rules as on 12 November 2026. Every rule note marked Recheck is listed on page 352 of the book.

13 November 2026 · December 2026 Exam Update added. Sixteen new pages, 327 to 342, before the Short forms: the rules IIBF expects at its cut-off of 30 June 2026 for the December 2026 paper (repo 5.25%; market and operational risk capital on the methods in force then, the new directions applying from 1 April 2027; export realisation and hedging limits as at that date), topics asked in recent papers (additional and accelerated provisioning, market risk disallowances and back-testing, operational loss events, the dealing room, NDS-OM, TREPS and CMBs, options and futures), and 30 questions with worked answers, some without options as in IIBF’s papers. Chapter pages keep their numbers; the pages at the back now start at 343. Readers of the e-book already have the new pages, and the text edition matches.

13 November 2026 · Pages 203 and 232. The exam trap on page 232 warned against using a repo rate of 5.25%. For the December 2026 paper, set on the rules at IIBF’s 30 June cut-off, 5.25% is the rate to use, and the trap now says so; 5.50% has applied since 7 October 2026. The policy-rates note on page 203 now gives the cut-off rate too.

12 November 2026: pages that ended with a large blank now carry worked examples, tables and summaries (more than 120 pages); practice pages end with a rough-work box; a few figure labels that ran past the edge re-set. No page numbers changed, and no answer changed.

ABM: Concepts and Practice

Book 3, 2026–27 edition, digital edition of November 2026 (book code CM-CAIIB-ABM-2627). Rules as on 12 November 2026. Every rule note marked Recheck is listed on page 350 of the book.

13 November 2026 · December 2026 Exam Update added. Sixteen new pages, 323 to 338, before the Short forms: the rules IIBF expects at its cut-off of 30 June 2026 for the December 2026 paper (repo 5.25%; collateral-free MSE loans up to ₹20 lakh; the IBC (Amendment) Act, 2026, the ECL directions and the Ombudsman Scheme, 2026 as they stood that day), topics asked in recent papers (standard scores and the normal curve, cost-volume-profit and the EOQ, commercial paper and takeout finance, MSE lending, power and the interview, board committees and CAMELS, cyber terms), and 30 questions with worked answers, some without options as in IIBF’s papers. Chapter pages keep their numbers; the pages at the back now start at 339. No answer changed. Readers of the e-book already have the new pages, and the text edition matches.

12 November 2026: the “How to use this book” page no longer links the pointer to the BFM book to this book’s Chapter 12; ten chapter openers re-set so the summary line no longer runs into the picture. No change to the text or the answers.

12 November 2026, later: pages that ended with a large blank now carry worked examples, tables and summaries (more than 150 pages); practice pages end with a rough-work box; fourteen chapter openers re-set; the progress tracker now lists Chapter 23; several figures re-drawn so their labels fit. No page numbers changed, and no answer changed.

ABFM: Concepts and Practice

Book 4, 2026–27 edition, digital edition of November 2026 (book code CM-CAIIB-ABFM-2627). Rules as on 12 November 2026. Every rule note marked Recheck is listed on page 336 of the book.

13 November 2026 · December 2026 Exam Update added. Sixteen new pages, 309 to 324, before the Short forms: the rules IIBF expects at its cut-off of 30 June 2026 for the December 2026 paper (repo 5.25%; the Income-tax Act, 2025 and the Finance Act 2025 limit on carrying forward losses in amalgamations; bank finance for acquisitions; the DPIIT start-up definition; renewable-energy priority-sector limits), topics asked in recent papers (NOPLAT, ROIC, EVA and DuPont; growth models and option value; hybrid and rupee instruments; tax sections and takeover numbers in mergers; cost decisions and restructured loans; schools of management, levels of strategy and analytics terms; green finance and start-up numbers), and 30 questions with worked answers, some without options as in IIBF’s papers. Chapter pages keep their numbers; the pages at the back now start at 325. No corrections so far. Readers of the e-book already have the new pages, and the text edition matches.

BRBL: Concepts and Practice

Book 5, 2026–27 edition, digital edition of November 2026 (book code CM-CAIIB-BRBL-2627). Law as on 12 November 2026. Every rule note marked Recheck is listed on page 366 of the book.

13 November 2026 · December 2026 Exam Update added. Sixteen new pages, 337 to 352, before the Days and limits at a glance: the law IIBF expects at its cut-off of 30 June 2026 for the December 2026 paper (repo 5.25%; the Ombudsman Scheme, 2026; the Banking Laws (Amendment) Act, 2025; the small-company limits; the Income-tax Act, 2025 and Form 121; the IBC (Amendment) Act, 2026), topics asked in recent papers (kinds of bank, company boards and women directors, holders, bankers and cheques, the IT Act’s keys, signatures and penalties, income tax for bank customers, RTI, Lok Adalats and appeals, bankers’ books, evidence and the central registry), and 30 questions with worked answers, some without options as in IIBF’s papers. Chapter pages keep their numbers; the pages at the back now start at 353. Readers of the e-book already have the new pages, and the text edition matches.

13 November 2026 · Pages 311 and 328. The table of company types on page 311 said only that a small company has paid-up capital and turnover below set limits; it now gives them: paid-up capital up to ₹10 crore and turnover up to ₹100 crore, from 1 December 2025. The IT Act table on page 328 gave section 72 the penalty of section 72A. Breach of confidentiality under section 72 carries up to 2 years and ₹1 lakh; disclosure in breach of a contract under section 72A, up to 3 years and ₹5 lakh.

RBWM: Concepts and Practice

JAIIB Paper 4, 2026–27 edition, digital edition of November 2026 (book code CM-JAIIB-RBWM-2627). Rules as on 13 November 2026. Every rule note marked Recheck is listed on pages 350 to 352 of the book.

13 November 2026 · Page xvi. “Keeping current” now also lists IRDAI’s proposed distribution reforms (comments closed on 31 October 2026), which may change the corporate agent rules of Chapter 21 from 2027. The rules in the book, up to nine insurers a line for a corporate agent, stand until then. No other change, and no answer changed.

AFM: Concepts and Practice

JAIIB Paper 3, 2026–27 edition, digital edition of November 2026 (book code CM-JAIIB-AFM-2627). Rules as on 13 November 2026. Every rule note marked Recheck is listed on pages 350 to 352 of the book.

13 November 2026 · Kshipra Foods’ cash credit, pages 270, 276, 280, 315, 322 and 327. The story now runs one way through the book: the limit stays at ₹15 lakh in July 2026 (page 270: Kavya assesses ₹31 lakh, the ₹25 lakh asked for fits, but with the machine moved to a term loan the ₹15 lakh limit has room again), Chapter 23 leaves the size of the increase to a cash budget, and Chapter 24’s cash budget sets the peak-season limit of ₹18 lakh. Before, page 270 recommended ₹25 lakh in July and page 315 a ₹25 lakh peak limit, against ₹15 lakh and ₹18 lakh in Chapter 24. The Chapter 20 case (page 276) is now marked as a what-if. No answer changed.

13 November 2026 · Pages 16 and 44. Joshi Hardware’s cash credit limit is ₹8 lakh throughout (page 44 said ₹5 lakh), and page 16 now says he asks for a higher limit, as he already has one. Practice pages 149, 191 and 332 re-set so the rough-work box fits. No page numbers changed, and no answer changed.

IE&IFS: Concepts and Practice

JAIIB Paper 1, 2026–27 edition, digital edition of November 2026 (book code CM-JAIIB-IEFS-2627). Rules as on 13 November 2026. Every rule note marked Recheck is listed on pages 350 to 352 of the book.

No corrections so far.

PPB: Concepts and Practice

JAIIB Paper 2, 2026–27 edition, digital edition of November 2026 (book code CM-JAIIB-PPB-2627). Rules as on 13 November 2026. Every rule note marked Recheck is listed on pages 350 to 352 of the book.

No corrections so far.

The Banker’s Money Book

First edition, 2026–27, digital edition of November 2026, revised 13 November 2026 (book code BT-BMB-2627). Rules as on 11 November 2026. Tax figures are for tax year 2026–27; changes from the Union Budget and the next wage settlement will be posted here.

12 November 2026 · Chapter 3 revised and expanded. “The JAIIB and CAIIB payoff” now follows two batchmates for a whole career, joining to retirement at 60, instead of ten years: about ₹58.6 lakh lost by an officer who never passes, even with the same promotions, and more if the exams’ promotion marks bring promotions sooner. New sections cover priority in promotion (3.6), the cost of each year of delay (3.7), clerks (3.8) and the exam fees (3.9). The chapter now runs from page 21 to page 26D, so no other page number in the book has changed. Readers of the e-book already have it; the chapter quiz on the website is updated to match.

13 November 2026 · Part 5, Building wealth, added. Five new chapters on what only a banker can do with money: your career valued as a bond, and how much risk that lets you take (Chapter 19); the raise rule, which ties your SIP to every DA revision, increment and promotion (Chapter 20); staff loans, your house and transfers, with when to prepay a staff loan and where to buy (Chapter 21); checking any product’s yearly return in five minutes (Chapter 22); and a money plan on one page (Chapter 23). A new front page, “Ten decisions, in rupees”, three free calculators and 25 quiz questions come with it. Tools is now Part 6. Pages 1 to 136 keep their numbers; Part 6 starts on page 167. Readers of the e-book already have the new part.

13 November 2026 · Corrections. Page 2: in Neha’s story, her credit was about ₹4,600 less than she expected, not ₹8,600. Pages 11 and 19: the chapter cards now give special allowance and stagnation increments for Scales V to VII too. Page 24: the summary box is now in the book’s coral, like every other box.

12 November 2026 · Imprint page corrected. The imprint (the “About this book” page) now gives the right prices, ₹349 for print with the e-book and ₹249 for the e-book, the book code BT-BMB-2627, and the scales covered, clerks and subordinate staff and officers in Scales I to VII.

Found an error?

Email bankerspioneeracademy@gmail.com with the book, the page, the question or table, and the source that shows the correct rule. We check every report and list a confirmed correction here within seven days.