How much Foreign Currency permitted to carry abroad?

How much Foreign Currency permitted to carry abroad?

Dealings in foreign exchange transactions in India is governed by the Foreign Exchange Management Act, 1999. In this article, we have explained that How much currency can a person take with him while travelling abroad and in which form. Total Foreign Currency...
Quarterly results of public sector banks for June 2017.

Quarterly results of public sector banks for June 2017.

We are giving a comparison of quarterly results of all major public sector banks in India.   Indian Overseas Bank Tops the list in terms of NPA, having net NPA of 14.97% and reported loss of Rs.499.09 crores for the quarter ending June 2017.   Uco Bank...
Useful books for Bankers

Useful books for Bankers

These are some of the useful books for bankers to enhance their skills in banking. Credit Appraisal, Risk Analysis & Decision Making This book contains comprehensive material on credit appraisal, to help the officials in commercial banks and financial...
DA for Bank Employees from August 2017

DA for Bank Employees from August 2017

Dearness Allowance has increased by 2.20% for Bank Employees for the period August 2017 to October 2017. In other words, there is increase of 22 slabs in DA for bankers. (Read how DA for Bank Employees is calculated). READ  Summary of Charter of demand for 11th...