5 Days working for Banks?

The demand for 5 days week in banks is included in charter of demand for 11th BPS and is under negotiation. During recent time, there have been various rumors that 5 days banking has been approved from 1st November 2017, even some videos and some fake news articles...

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9 Executive Directors appointed in Public Sector Banks

On the recommendations of Bank Board Bureau, Appointment Committee of Cabinet has elevated 9 General Managers to Executive Directors in different Public Sector Banks. Two GMs have been elevated to Executive Director post in the same Bank. 1. Bajrang Singh Shekhawat,...

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All Finacle 10 Commands

Finacle 10 or Finacle X is the latest buzz in Banking Industry. Some Banks have already migrated to Finacle 10 whereas some are under implementation. Finacle 10 is the upgraded version of the flagship product of Infosys, which is being worldwide bank various banks. If...

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What is RBI’s 5/25 Scheme?

Infrastructure and core industries projects have a long gestation periods and large capital investments. The repayment period for loans to such sectors should be corresponding to their gestation period of cash flows. However, Banks were unable to provide such long...

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Expected DA for Bank Employees from November 2017

DA for Bank Employees from November 2017 to January 2018 is expected to increase by 3.80 % (Read: How DA for Bank Employees is calculated). Read : Charter of Demand for 11th Bipartite Settlement Read: Comprehensive Guide to Credit Appraisal Process Consumer Price...

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Why Merger of Public Sector Banks is not Easy

Even though the Government has given its in principle approval for merger of public sector, the merger process will not be an easy one. Merging such huge banks with huge infrastructure and manpower will have many roadblocks. Let's see why merger of public sector banks...

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