DA for Bank Employees from May 2017

DA for Bank Employees from May 2017

Actual DA for Bank Employees from May 2017 will decrease by 1.40%. With the release of CPI data for the month of March 2017, we have now calculated DA for Bank Officers and workman Staff. (Read how DA for Bank Employees is calculated) See: Actual DA for May 2017 to...
10 Public Sector Banks asked to cut cost

10 Public Sector Banks asked to cut cost

According to media reports, 10 public sector banks have been asked by the Ministry of Finance, Government of India, to cut cost, in order to get fresh capital infusion, which was promised by the Government under Indradhanush program. The list of these banks include...
How to pass JAIIB in first attempt

How to pass JAIIB in first attempt

If you have just joined the banking Industry, you must have applied for JAIIB or if not yet, you’ll be applying soon. And one thing everyone wants to know is how to pass JAIIB in first attempt. The obvious reason for clearing JAIIB i.e., Junior Associate of Indian...
Impact of demonetization on banks

Impact of demonetization on banks

What was the impact of demonetization on banks? Staff of Monetary Policy Department of RBI prepared a paper describing how demonetization affected the banks. Read: How people are exploiting Paytm flaw to earn money Impact on Balance Sheet and Profitability of Banks...
What is Pari Passu Charge?

What is Pari Passu Charge?

Meaning of pari passu charge – Pari-passu is a Latin phrase, which means “equal footing”.  Thus pari passu charge means, having equivalent charge/ rights or say charge-holders have equal rights over the asset on which pari pasu charge is created....

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