What is SIP? How does it work and Benefits of SIP

What is SIP? How does it work and Benefits of SIP

What is a Systematic Investment Plan? A Systematic Investment Plan or SIP is a smart and hassle free mode for investing money in mutual funds. SIP allows you to invest a certain pre-determined amount at a regular interval (weekly, monthly, quarterly, etc.). A SIP is a...
Bank Strike for 2 Days in May (30-31 or 28-29?)

Bank Strike for 2 Days in May (30-31 or 28-29?)

The United Forum of Bank Unions (UFBU) has proposed a 48 hours strike in Banks for early revision of salary of bankers. The IBA in a recent meeting made an absurd offer of 2% hike in bankers salary. The strike is proposed to begin 6 am on May 30 till 6 am on June 1....
Pension for RRB Employees at par with Nationalised Banks

Pension for RRB Employees at par with Nationalised Banks

On 25th April, 2018, a Supreme Court Decision has come in favour of employees of Regional Rural Banks (RRB). After a two decade long legal battle, Supreme Court has now decided that employees of RRBs to draw pension at par with Nationalised Banks. Supreme Court...
DA for Bank Employees from May 2018 [Confirmed]

DA for Bank Employees from May 2018 [Confirmed]

DA for Bank Employees increased merely by 2 slabs from May 2018 to July 2018. (Read: How DA for Bank Employees is calculated). DA CHART FOR BANK OFFICER STAFF FROM MAY 2018 DA CHART FOR BANK WORKMEN STAFF FROM MAY 2018 Comprehensive guide to Credit Appraisal Process...