Credit Appraisal is a process which require sufficient knowledge and proper due diligence. Credit involves risk of default, which can not be avoided but can be minimized. So you should minimize the risk. The first step is to act early Read more…
Infrastructure and core industries projects have a long gestation periods and large capital investments. The repayment period for loans to such sectors should be corresponding to their gestation period of cash flows. However, Banks were unable to provide such long Read more…
Even though the Government has given its in principle approval for merger of public sector, the merger process will not be an easy one. Merging such huge banks with huge infrastructure and manpower will have many roadblocks. Let’s see why Read more…
Wage Revision of banks employees’ is done through bipartite settlement between UFBU and IBA. 11th bipartite settlement is due from 1st November 2017. Government of Indian has already written a letter followed by a reminder to complete the negotiation process Read more…
All India Bank Officers’ Confederation (AIBOC) has condemned the in principle approval of cabinate for merger of Public Sector Banks. AIBOC said that “in the Parliament the Minister of State stated that there is no plan for merger. The announcement of Read more…
Dealings in foreign exchange transactions in India is governed by the Foreign Exchange Management Act, 1999. In this article, we have explained that How much currency can a person take with him while travelling abroad and in which form. Total Read more…
As already decided UFBU and Bank Unions to go ahead with the All India Bank Strike on 22nd August 2017 as the conciliation meeting before Chief Labour Commissioner failed. UFBU informed that a conciliation meeting between IBA and UFBU was Read more…
Equitable mortgage is most common type of mortgage in India. But there are different types of mortgages. What is mortgage, what are other types of mortgage and how these are different is explained in this article. What is mortgage? Mortgage is Read more…
We are giving a comparison of quarterly results of all major public sector banks in India. Indian Overseas Bank Tops the list in terms of NPA, having net NPA of 14.97% and reported loss of Rs.499.09 crores for the Read more…
These are some of the useful books for bankers to enhance their skills in banking. Credit Appraisal, Risk Analysis & Decision Making This book contains comprehensive material on credit appraisal, to help the officials in commercial banks and financial institutions. Read more…