What is the full form of CAIIB
CAIIB: Certified Associate of Indian Institute of Bankers
CAIIB stands for Certified Associate of Indian Institute of Bankers. It is an examination conducted by Indian Institute of Banking and Finance (IIBF) twice a year. Indian Institute of Banking and Finance is established in 1928 and nowadays, it includes more than 700 banks and financial institutes.
It is one of the premium exams, conducted by the IIBF to get the best from the officers who are already members of the Indian institute of Banking and Finance. This exam is conducted to check the advance ways of decision making and general banking management. It consists of 2 compulsory papers and one optional paper. It aims to provide advanced knowledge and skills related to decision making, risk management and general bank management. It is conducted in offline mode only.
CAIIB is widely recognized across the banking industry. Its aspirants mainly include the employees of RBI, SIDBI, NABARD, commercial banks, regional rural banks and cooperative banks etc. The employees who successfully clear the CAIIB exam get benefits like incentive, increment and promotion etc.
The candidate must be a member of the Indian Institute of Banking and Finance (IIBF) to appear for the CAIIB exam. Most of the Public sector banks check the scorecard of CAIIB for their recruitment.