31
Lending
Articles
Siphoning of Funds vs Diversion of Funds — RBI 2024 Meaning, Examples & Wilful Default
When a bank borrower defaults, investigators and credit officers must determine how the money was used — and whether the default was…
32
Knowledge Hub
Turnover Method for Working Capital (Nayak Committee) — Formula, Calculation & RBI Norms
The Nayak Committee method — also called the Simplified Turnover Method (STM) — is one of the most frequently tested topics in…
33
Lending
Articles
Pari Passu Charge: Meaning, Example & Implications for Bankers
Pari passu charge is one of the most commonly used security structures in consortium and multiple banking arrangements in India. When two…
34
Articles
Vacancies for CGM, GM, DGM and AGM increased in all Public sector banks.
Finance minister has approved revision in CGM level post in public sector banks. Earlier, the CGM (Chief General Manager) post was permitted…
35
Articles
Supplementary Charter of Demand submitted to IBA
As per AIBOC Circular dated 13.09.2023, the officers’ associations today, submitted a Supplementary Charter of Demand to the IBA incorporating many more…
36
HR
News
12th Bipartite Settlement: Meeting Outcome
Wage revision for bankers is due since November 2022, which is to be finalized through 12th Bipartite Settlement between employees unions and…
37
Articles
DA for Bankers from May 2023
📅 Archived — May–July 2023 DA Looking for current DA? See DA from May 2026 → DA for Bankers is expected to…
38
Articles
Must-Read Books for Bankers
If you’re a banker, you know that staying up-to-date on industry trends and best practices is crucial to your success. One way…
39
Articles
DA for Bankers from February 2023
📅 Archived — February–April 2023 DA Looking for current DA? See DA from May 2026 → DA for Bankers is increased for…
40
HR
News
Charter of demands for 12th Bipartite Settlement – Final
12 Bipartite Settlement for revision of bank employees’ salary and service conditions is due from 1st November 2022. Finally, the Charter of…