101
News
AIBOC urges Delhi High Court to quash RBI Circular
All India Bank Officers’ Confederation (AIBOC), the biggest union of banks has filed a writ petition in the Delhi High Court challenging…
102
News
Govt. planning merger of Bank of Baroda, IDBI, OBC and Central Bank of India
Government is considering merger of four public sector banks, Bank of Baroda, Oriental Bank of Commerce, Central Bank of India and IDBI…
103
Articles
What is SIP? How does it work and Benefits of SIP
What is a Systematic Investment Plan? A Systematic Investment Plan or SIP is a smart and hassle free mode for investing money…
104
News
Bank Strike for 2 Days in May (30-31 or 28-29?)
The United Forum of Bank Unions (UFBU) has proposed a 48 hours strike in Banks for early revision of salary of bankers.…
105
News
Pension for RRB Employees at par with Nationalised Banks
On 25th April, 2018, a Supreme Court Decision has come in favour of employees of Regional Rural Banks (RRB). After a two…
106
Articles
DA for Bank Employees from May 2018 [Confirmed]
DA for Bank Employees increased merely by 2 slabs from May 2018 to July 2018. (Read: How DA for Bank Employees is calculated).…
107
News
Gratuity increase for bankers – Lok Sabha passes the bill
Lok Sabha today passed the amendment in Payment of Gratuity Act to increase the Gratuity ceiling to Rs.20 lacs. The existing limit…
108
News
Letters of Undertaking (LoUs) and Letters of Comfort (LoCs) discontinued by RBI for Trade Credits
Reviewing the guidelines after PNB fraud of Rs.1200+ crores, RBI vide notification dated 13 March 2018 discontinued issuance of LOU/ LOC for…
109
News
Passport Details must for more than 50 Crore loan
Finance Ministry on Saturday said passport details will be made mandatory for loans of more than Rs.50 crore from state run banks.…
110
News
RBI imposes Rs.5 Crore Penalty on Airtel Payment Bank
The Reserve Bank of India (RBI) has imposed penalty of ₹ 5 crores on Airtel Payments Bank Limited for contravening the ‘Operating…