BankersClub

RBI Governor launches Website ‘सचेत’ to curb Illegal Collection of Deposits

“Initiating quick follow up and taking cases to logical conclusion by punishing the guilty is paramount to deter entities in…

8 years ago

Certification necessary for bank employees in specialized jobs : RBI

Reserve Bank of India has directed banks that bank employees working in specialised areas like treasury, risk management, preparation of financial results,…

8 years ago

Frauds due to bank’s negligence – Customer not liable : RBI Draft

The Reserve Bank of India has today placed on its website the Draft Circular on “Customer Protection – Limiting Liability of Customers…

8 years ago

Dearness Allowance Increase for Bankers from August 2016 to October 2016

Based on the CPI for last quarter, DA for the bank employees will incrase by 3.50% (35 slabs) Revised  DA…

8 years ago

Dishonour of cheques – Modification in procedure

RBI/2016-17/33 DBR.No.Leg.BC.3/09.07.005/2016-17 August 04, 2016 All Scheduled Commercial Banks (Including RRBs) Dear Sir/ Madam, Dishonour of cheques – Modification in…

8 years ago

Pakistani hacker tried to hack canara bank website

A Pakistani hacker attacked Canara Bank's website and tried to block the bank's e-payment services.  The hacker calls himself Faisal.…

8 years ago

Bank Accounts for NRIs

Different type of bank accounts a Non Resident Indian (NRI) can open and maintain in India, their features and benefits…

7 years ago

Why you should not delay payment of Credit Card Bill

Credit Card is a widely used method of payment these days, as it allows to shop now and pay later.…

8 years ago

Reporting Requirements under Basel III Capital Regulations- Review

RBI/2015-16/428 DBR.BP.BC.No.105/21.06.001/2015-16 June 23, 2016 All Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Dear Sir, Reporting Requirements…

8 years ago

Implementation of Indian Accounting Standards (Ind AS)

RBI/2015-16/429 DBR.BP.BC.No.106/21.07.001/2015-16 June 23, 2016 All Scheduled Commercial Banks (excluding Regional Rural Banks) Madam / Dear Sir, Implementation of Indian…

8 years ago