RBI on 09.07.2021 has issued circular for Mandatory Leave for Employees Posted inSensitive Positions or Areas of Operation in Banks. RBI has advised All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks)All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks following: The banks Read more…
Which are the largest banks in India and how they have grown from 2007 to 2020? Watch out ranking of the banks in terms of total business SBI remains at the top. Second Place contested by PNB, BoB, ICICI, HDFC.
DA for Bankers is expected to increase for the quarter August 2021 to October 2021. CPI data for the month of April 2021 has been released, which is 120.10. This has increased from 119.60, i.e., increase of 0.5 points. 📈 DA Calculator for Bank Employees — 12th BPS Enter your Read more…
RBI vide circular dated 05.05.2021 extended the one time restructuring scheme. RBI issued circular naming the scheme as “Resolution Framework 2.0 – Resolution of Covid-19 related stress of Micro, Small and Medium Enterprises (MSMEs)”, which state following guidelines: The facility for restructuring existing loans without a downgrade in the asset Read more…
DA for bank employees increased by around 1.40% for the quarter August 2020 to October 2020. CPI data for the month of June 2020 has been released today, which has increased from 330 in May 2020 to 332 i.e., an increase of 2 points. 📈 DA Calculator for Bank Employees Read more…
Meeting between IBA and Bank Employees’ Associations was held in Mumbai on 22nd July for discussion on 11th bipartite settlement. This time the matter has been concluded and bankers can foresee the long pending increase in salary. As per sources, wherein the minutes of meeting have been shared by IBA, Read more…
For promotion in public sector banks, written tests are conducted, which are Computer based objective type tests. The syllabus for the bank promotion tests cover various banking related topics. Upto some extent the pattern of questions and type of questions remain same for all scales be it Scale – Read more…
If you are appearing for promotion in your bank this year, you might have various questions in mind and the most important one is “How to clear the bank promotion exam”? What to study for the promotion test and interview? What questions are asked in promotion test in public sector Read more…
With the widespread outbreak of Corona Virus, various Public Sector Banks have asked the employees at corporate offices (Head Office, Zonal Office, Circle Office etc.) to work from home on alternate days. Half of the workforce will attend offices on one day and the other will work from home and Read more…
According to BloombergQuint, in the 12 largest accounts, referred for insolvency proceedings in June 2017 as identified by RBI, there is about 40% recovery. According to data, banks have been able to recover Rs 1.16 lakh crore out of the Rs 2.96 lakh crore in claims admitted. So far, 11 Read more…