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Extension of [One Time] Restructuring by RBI
RBI vide circular dated 05.05.2021 extended the one time restructuring scheme. https://youtu.be/Y624v5EnRiY RBI issued circular naming the scheme as “Resolution…
Detailed List of all Finacle 10 Commands – All Banks
Finacle 10 or Finacle X is the latest buzz in Banking Industry. Some Banks have already migrated to Finacle 10…
DA for Bank Employees from August 2020 to October 2020
DA for bank employees increased by around 1.40% for the quarter August 2020 to October 2020. CPI data for the…
11th Bipartite Settlement reaches consensus – Salary rise in 90 days
Meeting between IBA and Bank Employees' Associations was held in Mumbai on 22nd July for discussion on 11th bipartite settlement.…
PPF Scheme Summary
This is summary of Public Provident Fund (PPF) Scheme covering major features of the scheme summarized in one picutre. PPF…
Guaranteed Emergency Line of Credit
Emergency Credit Line Guarantee Scheme of Rs. 3 lakh crore Objective The Scheme is a specific response to the unprecedented…
Free Mock Test for bank promotion exams
For promotion in public sector banks, written tests are conducted, which are Computer based objective type tests. The syllabus for…
DFS directs banks to cut expenditure
In a letter addressed to SBI Chairman and MD&CEOs of all Nationalized Banks, Department of Financial Services, Ministry of Finance…
How to prepare for bank promotion exam
If you are appearing for promotion in your bank this year, you might have various questions in mind and the…
Diversion of Funds and Siphoning of Funds
What is Diversion of Funds? Diversion of Funds means (mis)utilization of Funds for a purpose for which loan was not…