IIBF Emerging Technologies study guide
IIBF Emerging Technologies · Work through your exam, one topic at a time.
The IIBF Emerging Technologies credential is a certificate examination offered by the Indian Institute of Banking & Finance (IIBF), the Mumbai-based institute established in 1928 that describes its mission as developing professionally qualified and competent bankers and finance professionals through education, training, examination, consultancy and continuing professional development. This page is an independent study resource and is not affiliated with, endorsed by, or operated by IIBF; always confirm exam dates, eligibility and rules on iibf.org.in and in the official notification for your session. The IIBF Emerging Technologies study guide has 6 sections and about 2,208 words.
01Digital Transformation in Banks, NBFCs and FIs
Digital transformation in a regulated financial entity means redesigning processes, channels and data flows around digital delivery while staying inside RBI's regulatory perimeter. The exam tests governance structures, customer-journey compliance and third-party accountability - not technology vocabulary.
381 words, about 2 min02Artificial Intelligence, Machine Learning and Business Analytics in Banking
The exam tests model lifecycle governance, validation statistics, explainability and RBI's expectations for responsible AI - not how neural networks compute gradients. Model risk management: maintain a model inventory, tier models by materiality, keep developer and validator separate, validate independently before deployment, revalidate at least annually or on material change, and monitor with PSI, KS and Gini.
356 words, about 2 min03Cyber Security
This domain tests the control frameworks, incident timelines and reporting obligations that apply to regulated entities in India, plus the ability to classify an attack and respond in the correct sequence. RBI's Cyber Security Framework in Banks (2016) mandates a Board-approved cyber security policy, a CISO, a Security Operations Centre, baseline controls, IS audit, a Cyber Crisis Management Plan and incident reporting to RBI.
341 words, about 2 min04IT and Information Security Risk Management
This domain tests how a regulated entity identifies, measures, treats and reports technology risk - the governance plumbing behind every digital product. RBI's Master Direction on IT Governance, Risk, Controls and Assurance Practices (2023) requires a Board IT Strategy Committee, an IT Steering Committee, a CISO with direct access to the Board or MD, three lines of defence, and IT risk embedded in the enterprise risk framework.
360 words, about 2 min05Digital Lending
This domain tests RBI's Digital Lending Guidelines (2022) and the default-loss-guarantee rules - how credit can be originated digitally without the lender losing control of funds, data or conduct. Lending must be by a regulated entity, directly or through an LSP under a disclosed agreement.
375 words, about 2 min06Data Protection (DPDP Act) and Regulatory Compliance
This domain tests the Digital Personal Data Protection Act, 2023 and how it layers over RBI, CERT-In and sectoral obligations in a financial entity. The Act covers digital personal data processed in India, and processing outside India that relates to offering goods or services to data principals in India.
395 words, about 2 min