Articles

DA for Bank Employees from August 2020 to October 2020

DA for bank employees increased by around 1.40% for the quarter August 2020 to October 2020. CPI data for the…

4 years ago

11th Bipartite Settlement reaches consensus – Salary rise in 90 days

Meeting between IBA and Bank Employees' Associations was held in Mumbai on 22nd July for discussion on 11th bipartite settlement.…

4 years ago

Free Mock Test for bank promotion exams

For promotion in public sector banks, written tests are conducted, which are Computer based objective type tests. The syllabus for…

4 years ago

How to prepare for bank promotion exam

If you are appearing for promotion in your bank this year, you might have various questions in mind and the…

4 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

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,…

4 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…

4 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…

4 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…

4 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…

4 years ago