Ask any public sector bank employee what they want most, and the answer is almost always the same: a 5-day work week. Every other major institution — central government offices, IT companies, the RBI itself — already works Monday to Friday. Bank employees are still showing up on 1st, 3rd, Read more…
Every five years, salaries of public sector bank employees are revised through a Bipartite Settlement — a formal wage agreement between the Indian Banks’ Association (IBA) and bank unions. The 12th Bipartite Settlement is among the most searched topics for bank employees today, with questions around the salary hike percentage, Read more…
JAIIB — the Junior Associate of the Indian Institute of Banking and Finance — is one of the most important professional qualifications for bank employees in India. Clearing JAIIB qualifies you for promotion to the next scale, earns two salary increments, and adds to your professional credibility as a banking Read more…
Current DA — February to April 2026 25.00% Under 12th Bipartite Settlement • Effective 1 February 2026 CPI-IW Avg148.03 Base Index123.03 Increase+1.07% IBA Circular6 Feb 2026 DA for Bank Employees from February 2026 The Indian Banks’ Association (IBA) announced the revised Dearness Allowance for bank employees vide Circular No. CIR/HREIR/76/D/2025-26/2909 Read more…
What Is Drawing Power in Cash Credit? Drawing power (DP) is the actual limit up to which you can withdraw funds from a cash credit (CC) account on a given day. It is not fixed once the loan is sanctioned — it fluctuates every month based on the value of Read more…
Working Capital is a financial indicator of operational liquidity of a business organization. Working Capital is the short term assets to cover the short term liabilities of the organization. Working Capital is calculated as Current Assets – Current Liabilities, also represented as Net Working Capital. The Working Capital Ratio or Read more…
Letter of Credit (LC) and the ‘Standby Letter of Credit’ (SBLC) are used by Importers and Exporters in International Trade to ensure financial safety so that payment of the supplier is assured of payment once he has performed his obligation. While LC is used as a primary method of payment, Read more…
Punjab National Bank (PNB) has announced a Diwali surprise event for its employees. To express gratitude and goodwill It increased the value of this festival gift by Rs 1,000 to Rs 2000. The bank’s decision comes ahead of the upcoming Diwali celebrations. The aim is to boost staff morale and Read more…
What Is CGTMSE? CGTMSE — the Credit Guarantee Fund Trust for Micro and Small Enterprises — is a joint initiative of the Government of India and SIDBI, established in August 2000. Its core purpose is to remove the biggest barrier MSME borrowers face: the demand for collateral security. Under the Read more…
Bankers in India are asking for 5 days banking for more than a decade now. Where some countries are now shifting to 4 days work week, India’s bank employees even do not see a hope of 5 days work week. Even the new labour code is talking about permitting four Read more…