Jai

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…

5 years ago

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…

4 years ago

Free Study Material for Bank Promotion Exam 2021

Bank promotion exams are held in almost every bank and if you are appearing for promotion in your bank in…

2 years ago

Public Sector Banks allow Work from Home for some employees

With the widespread outbreak of Corona Virus, various Public Sector Banks have asked the employees at corporate offices (Head Office,…

5 years ago

40% recovered by banks in large 12 large insolvency cases

According to BloombergQuint, in the 12 largest accounts, referred for insolvency proceedings in June 2017 as identified by RBI, there…

5 years ago

Chief labour commissioner directed IBA and bank unions to resolve difference in 15 days

Central Chief Labour Commissioner (CLC) has advised Indian Banks' Association (IBA) and the bank to resolve their differences over wage…

5 years ago

DA for Bank Employees from February 2020 to April 2020

Update 31 January 2020: DA for bank employees increased by 4.20% for the quarter February 2020 to April 2020. Good…

5 years ago

United Bank of India wants a new name of the merged Bank

According to a report in Business Standard, United Bank of India has written to the Government seeking a new name…

5 years ago

Next round of bipartite talks on 15th October 2019

Next round of negotiations for 11th bipartite talks to be held on 15th October 2019. The news has come just…

5 years ago

DA for Bank Employees from November 2019 to January 2020

Update: 31/10/2019: DA for Bank Employees increased by 3.60% for the quarter, November 2019 to January 2020. We had projected…

5 years ago