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Money laundering is the process of concealing the source of illegally earned money. In India, if a suspected case of money laundering is spotted, the financial institution and banks needs to inform the Financial Intelligence Unit-India (FIU-IND), an enforcement agency.
Reserve Bank of India (RBI) Jobs Notification: Reserve Bank of India (RBI) invited applications for 134 officers in Grade ‘B’ post.
The online Main examination for IBPS PO/MT 2015 posts is tentatively scheduled in last week of October. Here, the banking team of jagranjosh is providing the description of important banking term asked in previous year in General Awareness section.
It is an acronym for Equated monthly installment (EMI). It is defined as a fixed amount paid by a borrower to a lender at a scheduled date of each calendar year.
Product Life Cycle Management is the process of managing the entire life cycle of a product from initiation. This process includes Engineering design, manufacture, disposal of manufactured products and servicing of Products.
United Bank of India announced interview list for recruitment to the post of FIS/FIC. Interview will be held from 1 October 2015 to 6 October 2015.
Reserve Bank of India (RBI), India’s Central bank is all set to conduct Recruitment of officers in Grade ‘B’ (General) examination in the month of November 2015. Here the banking team of jagran josh is providing the details of the examination.
Rajasthan Marudhara Gramin Bank (RMGB) declared interview result for recruitment to the posts of Office Assistant (Multipurpose) and Officer Scale I.
Canara Bank declared interview result for recruitment to the posts of probationary clerk and officer. Candidates have been selected through IBPS-CWE-PO-IV–First Allotment and IBPS-CWE-CLK-IV–First Allotment.
RRB (Regional Rural Bank) is also known as ‘Gramin Bank’. It was established in 26th September 1975 with the objective of the economic development of India.
Find important banking term that is useful in upcoming banking exam
IBPS scores remains valid for the period of one year. The candidates can opt for the bank for the personal interview round according to their marks scored in the mains written examination.
Current Affairs is one such area in the competitive examination arena which needs regular updating in part of the candidates. This information can turn out to be very useful for solving the paper related to current affairs for bank exams.
ATMs set up, owned and operated by non-bank entities are called "White Label ATMs" (WLAs).
State Bank of India (SBI) declared the interview schedule for recruitment to the post of Chief Customer Service Officer (CCSO). The interview is scheduled to be held on 12 October 2015
Reserve Bank of India (RBI) invited applications for 134 officers in Grade ‘B’ post. The eligible candidates can apply to the post through the prescribed format on or before 23 October 2015.
Banks are safe places for financial advisors where they can have a fixed inflow of salary every month from the bank. They represent the bank and its various policies, schemes and other procedures in order to make sure that the clients get benefitted.
Canara Bank declared the interview and group discussion schedule for recruitment to the post of Manager Security. A total of 29 candidates have been shortlisted for the group discussion & interview, which is scheduled to be held on two batches on 16 & 17 October 2015.
IBPS has conducted the online preliminary examination for IBPS PO/MT on October 3 and October 4 successfully. The Banking team of Jagranjosh.com has come up with comprehensive analysis of the question paper and the expected cut off for the examination.
Oriental Bank of Commerce, Ludhiana declared the result of Interview for the post of Subordinate Staff (Peon –cum- Housekeeper). The List of candidates who qualify the Personal Interview is displayed in the link below.
ULIP is linked to units of investment which are made in the capital and money markets.
Utkal Gramin Bank, Bolangir declared the result of Interview for the post of Office Assistant (Multipurpose). The List of candidates selected for the posts of Office Assistant (Multipurpose) is displayed in the link below.
Home loans become cheaper after the RBI cut in repo rate, a move that compel most banks to soften lending rates.
RBI has decided to introduce a new scheme of selection for recruitment of officers in Grade-‘B’ (DR), from recruitment year 2015. Under the new scheme of selection the examination will be computer based objective type questions and consists of two phases, viz., Phase-I and Phase-II, followed by Interview.
Women are playing a vital role in India’s banking sector. Currently, some of India’s biggest banks are headed by women.
DICGC was established for the purpose of providing insurance of deposits and guaranteeing of credit facilities.
Central Bank of India declared written test result for recruitment to the post of Security Officer. A total of 15 candidates have qualified the written test and are eligible to appear for interview. The interview is scheduled to be held on 15 October 2015.
The central bank governors of the G10 countries established a Committee on Banking Regulations and Supervisory Practices named Basel Committee on Banking Supervision. The Committee's Secretariat is located at the Bank for International Settlements (BIS) in Basel, Switzerland.
There are many more uses of MICR in banks. Here, the banking team of Jagran Josh is providing the details about MICR and it is useful to customer.
There is a huge demand for MBA finance candidates in the private sector banks and there are quite a lot of vacancies created every year that can be accessed by the candidates.
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