Jai

Banking Ombudsman Scheme, 2006 – FAQs

What is the Banking Ombudsman Scheme? The Banking Ombudsman Scheme provide forum to bank customers for resolution of complaints relating…

8 years ago

Gratuity Increase for Bankers – 6 Developments so far

The law related to gratuity is governed by Payment of Gratuity Act.  And to increase the Gratuity Limit, Payment of…

8 years ago

Bank Strike on 28th February 2017

United Forum of Bank Unions (UFBU) has decided to go on one day all India Strike on 28th February 2017. …

8 years ago

Banks to hire Astrologers

Soon you may see recruitment advertisement of a public sector bank, which will look something likes this - "Required 'Astrologers' having degree…

8 years ago

Bank Strike on 7th Feb 2017

In demand of a solution to the problems caused due to demonetisation and recovery of bad loans Bank Unions have…

8 years ago

Study Material for Bank Promotion – Banking Regulation Act

In this series of study material for bank promotion, these are brief Notes on Banking Regulation Act.  Read the underlined words…

8 years ago

Endorsement under negotiable Instrument Act, 1881

Signing of an instrument on back, face or slip annexed to it for the purpose of negotiation. It can be…

8 years ago

Dishonour of cheque for insufficiency of funds (Section 138 of NI Act)

As per Section 138 of Negotiable Instruments Act 1881, Cheque drawn for payment for discharge of any debt or other…

8 years ago

Study Material for Bank Promotion – Negotiable Instruments Act

In this series, this is the study material for bank promotion (Notes on Negotiable Instruments Act).  Read the underlined words carefully…

8 years ago

Difference between promissory note and bill of exchange

Promissory note and Bill of Exchange are defined under Negotiable Instrument Act 1881 as under: Promissory note (Section 4) An…

8 years ago