When will 11th Bipartite Settlement take place?

Wage Revision of banks employees’ is done through bipartite settlement between UFBU and IBA.  11th bipartite settlement is due from 1st November 2017. Government of Indian has already written a letter followed by a reminder to complete the negotiation process to meet...

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Merger of Banks – Disadvantages for Bank Employees

As the Government has given its in principle approval for merger of public sector banks, it has become a hot topic of discussion among bankers. The bankers are afraid of the mergers because this is going to affect them. Unions of Bank employees are also opposing the...

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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...

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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...

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