1 (14 oz.) can sweetened condensed milk
1 1/2 c. cold water
1 (4 serving size) pkg. INSTANT vanilla flavor pudding mix

Beat well; chill 5 minutes. Fold in 1 (8 ounce) carton whipped topping. Spoon about 1 cup mixture into 2-quart serving bowl. Top with 1/3 of baked vanilla wafers, 1 large sliced banana and 1/3 of pudding mixture. Repeat layering ending with pudding. Cover; chill. Garnish with additional banana slices dipped in lemon juice and vanilla wafers.