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Latest banking news, RBI updates, policy changes, and industry developments for bank employees.

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11
News
Bank Strike on September 26 & 27 and Indefinite Strike in November
Four Bank Employees Unions have decided to go on 2 days Strike on 26th and 27th September opposing merger of banks announced…
12 Sep 2019 1 min read
12
News
PNB hiring Domain Consultants for seemless Merger
Merger of Public Sector Banks was announced in last week of August 2019, which include merger of Oriental Bank of Commerce and…
10 Sep 2019 1 min read
13
News
Govt. say no to reintroduction of Old Pension Scheme
Govt. replaced the Old Pension Scheme with National Pension Scheme (NPS) in 2004. Initially it was mandatory for Central Govt. Employees but…
21 Jul 2019 1 min read
14
News
RBI removes charges for NEFT & RTGS Payments
RBI has removed NEFT and RTGS charges to push for digital payments and asked banks to pass on the benefit to customers.…
07 Jun 2019 1 min read
15
News
Lower Risk Weight for moving to NCLT?
According to a news report in Economic Times, Reserve Bank of India (RBI) is weighing a plan to ‘incentivise’ lenders to take…
07 May 2019 1 min read
16
News
RBI did not shift any gold abroad in 2014 or thereafter
Reserve Bank of India on Friday clarified that it has not shifted any gold to abroad in 2014 or thereafter. RBI stated…
04 May 2019 1 min read
17
News
Next phase of merger : PNB, UBI and BoI may be called.
Second round of merger may start soon as government may invite Punjab National Bank, Union Bank of India and Bank of India…
30 Apr 2019 1 min read
18
News
5 Day week in Banks – RBI Clarification
There have been certain news that banks would be open for 5 days a week in terms of RBI instructions . RBI…
21 Apr 2019 1 min read
19
News Knowledge Hub
Best Banks in India 2019 (Top 30)
Forbes in partnership with market research firm Statista has published list of World’s Best Banks. Instead of gauging the balance sheets and…
14 Apr 2019 1 min read
20
News
DA for Bank Employees from May 2019 to July 2019
DA for bank employees increased by 3.4% for the quarter, May 2019 to July 2019.   📈 DA Calculator for Bank Employees…
14 Apr 2019 1 min read