RBI has amended the Note Refund Rules, for exchange of mutilated currency notes. RBI has tweaked the rules following the introduction of new denominations of Rs.2000 and Rs.200 currency notes and also new versions of other denomination such as Rs.10, Read more…
A WhatsApp message is being circulated that the banks in the country are going to be closed for six days in September. This is the message being circulated: “Dear All, Pl, note that all the Banks will remain closed for Read more…
The government has asked the Reserve Bank of India (RBI) to prepare a list of candidates for merger among 21 government banks as it seeks to strengthen a banking system laden with bad debt, people familiar with the matter said. Read more…
These exams can open the doors of myriad of opportunities in front of you. Especially for young bankers, these exams will be very helpful for further career progression. There are monetary and non-monetary benefits of passing JAIIB and CAIIB.
SBI MD&CEO Rajnish Kumar says that NPA for public sector banks are higher due to government-sponsored schemes and targeted lending
A small committee meeting of Officers’ Associations with IBA was held on 18th August 2018 in Mumbai. The four Officers’ Associations viz. AIBOC, AIBOA, INBOC and NOBO issued a letter to its members on the developments held in the said Read more…
Merger of banks has been in the public discourse for quite some time now due to the fact that the sector is struggling to grow in the present scenario. The capital base is fast depleting, the NPA accounts are rising Read more…
A Public Credit Registry is a repository of information that keeps extensive credit data that is accessible to all the stakeholders. This will be single point of reporting and will maintain comprehensive credit information of all type without any threshold.
Bank employees across the country are eagerly waiting for the implementation of the 11th bipartite settlement for them to come into effect from November 01, 2017. The settlement is carried out by the joint meeting of the Indian Banks’ Association Read more…
It is a long-pending demand of the bankers and bank unions that the banking should be made for 5 days a week instead of the recent practice of having 5 days banking only for two weeks and 6 days week Read more…