If you have recently joined a bank or are preparing to enroll for JAIIB, one question matters most: how do you clear it in the first attempt? The stakes are real — clearing JAIIB earns you an extra increment of Read more…
JAIIB — the Junior Associate of the Indian Institute of Banking and Finance — is one of the most important professional qualifications for bank employees in India. Clearing JAIIB qualifies you for promotion to the next scale, earns two salary Read more…
When a bank borrower defaults, investigators and credit officers must determine how the money was used — and whether the default was wilful. Two specific terms defined by RBI in its Wilful Defaulters Directions, 2024 (effective November 1, 2024) are Read more…
The Nayak Committee method — also called the Simplified Turnover Method (STM) — is one of the most frequently tested topics in JAIIB and bank promotion exams, and one of the most widely used tools for assessing working capital requirements Read more…
Pari passu charge is one of the most commonly used security structures in consortium and multiple banking arrangements in India. When two or more banks lend to the same borrower against the same asset, understanding pari passu charge becomes essential Read more…
Current DA — February to April 2026 25.00% Under 12th Bipartite Settlement • Effective 1 February 2026 CPI-IW Avg148.03 Base Index123.03 Increase+1.07% IBA Circular6 Feb 2026 DA for Bank Employees from February 2026 The Indian Banks’ Association (IBA) announced the Read more…
What Is Drawing Power in Cash Credit? Drawing power (DP) is the actual limit up to which you can withdraw funds from a cash credit (CC) account on a given day. It is not fixed once the loan is sanctioned Read more…
Finance minister has approved revision in CGM level post in public sector banks. Earlier, the CGM (Chief General Manager) post was permitted in select banks, however, finance ministry has now allowed the it in all public sector banks irrespective of Read more…
Working Capital is a financial indicator of operational liquidity of a business organization. Working Capital is the short term assets to cover the short term liabilities of the organization. Working Capital is calculated as Current Assets – Current Liabilities, also Read more…
Letter of Credit (LC) and the ‘Standby Letter of Credit’ (SBLC) are used by Importers and Exporters in International Trade to ensure financial safety so that payment of the supplier is assured of payment once he has performed his obligation. Read more…