Gratuity increase for bankers – Lok Sabha passes the bill

7 years ago

Lok Sabha today passed the amendment in Payment of Gratuity Act to increase the Gratuity ceiling to Rs.20 lacs. The…

Letters of Undertaking (LoUs) and Letters of Comfort (LoCs) discontinued by RBI for Trade Credits

7 years ago

Reviewing the guidelines after PNB fraud of Rs.1200+ crores, RBI vide notification dated 13 March 2018 discontinued issuance of LOU/…

Passport Details must for more than 50 Crore loan

7 years ago

Finance Ministry on Saturday said passport details will be made mandatory for loans of more than Rs.50 crore from state…

RBI imposes Rs.5 Crore Penalty on Airtel Payment Bank

7 years ago

The Reserve Bank of India (RBI) has imposed penalty of ₹ 5 crores on Airtel Payments Bank Limited for contravening…

Bankers’ protest on 21st March at Jantar Mantar

7 years ago

United Forum of Bank Employees Unions (UFBU) has planned a massive Dharna at Jantar Mantar in Delhi on 21st March…

Why Uco Bank has to pay Rs.1 lac fine to its ex-officer [Supreme Court Decision]

7 years ago

Supreme Court directed Uco Bank to pay fine of Rs.1 lac to one of its retired officer for unnecessarily litigate…

Canara, PNB, UBI, PSB and Andhra Bank may face PCA

7 years ago

5 Public sector banks are on the verge of being put under Prompt Corrective Action plan by Reserve Bank of…

Changes in Priority Sector Guidelines

7 years ago

RBI, vide notification dated March 01, 2018 amended the priority sector guidelines. Following are the changes made in priority sector…

Gratuity Bill amendment to be tabled in Lok Sabha on 5th March 2018

7 years ago

Government will table the The Payment of Gratuity (Amendment) Bill 2017 in Lok Sabha on 5th March 2018. The bill…

Write Articles for us

7 years ago

BankersClub.in is visited by around 100,000 bankers per month. Show your skills and write for the other fellow bankers. If…