Karma Puja
Karma Puja is declared as Bank Holiday under Negotiable Instrument Act in the State of Jharkhand
Articles
What is quick mortality in Indian Banking?
Quick mortality is a term used in banking for loan accounts which turn bad (classified as Non Performing Assets or NPA) within a period of one year. The term signifies that account died quickly. A loan account is termed as Read more…
Articles
Banking News Today | News for Bankers | 30.08.2022
Unions of Public Sector Insurers demand wage revision before restructuring: “The management and the government wanted to discuss the restructuring of the four primary insures as suggested by the Ernst & Young (EY) whereas the unions wanted the wage revision Read more…
News
Banking News Today | News for Bankers | 29.08.2022
The Central Bureau of Investigation has arrested a Branch Sales Manager, ICICI Bank, Bhuteshwar Branch, Mathura (Uttar Pradesh) and a Sales Executive(Outsource employee of said Bank) for demanding & accepting bribe of Rs.50,000/- from the Complainant. A case was registered Read more…
Articles
5 Days Banking – need of the hour -12th Bipartite Settlement
The new labour code is talking about permitting four days working in a week in the country. And the Banking Industry is still dreaming about getting a 5 days banking in week. Bankers are demanding for 5 days working in Read more…
News
Banking News Today | News for Bankers | 28.08.2022
Purvi Modi, sister of Nirav Modi, who allegedly defrauded PNB of Rs 13,000 crore – has offered to remit Rs 275 crore to the government as part of a pardon deal, The Indian Express has reported Three masked thieves, who Read more…
Articles
RBI Circular for Mandatory Leave for Bank Employees
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 Read more…
Articles
Largest Banks in India: Businesswise ranking 2007 to 2020
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.
Articles
How to pass JAIIB in first attempt
If you have just joined the banking Industry, you must have applied for JAIIB or if not yet, you’ll be applying soon. And one thing everyone wants to know is how to pass JAIIB in first attempt. The obvious reason Read more…
Knowledge Hub
Revised MSME Definition
Can Trading business/ Trader be classified as MSME? Retail Trade and Wholesale trade are now treated as MSME as per new definition of MSME. Traders can now apply for Udyam Registration Portal Ministry of Micro, Small and Medium Enterprises vide Office Read more…