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World Bank releases India Development Update 2016

It reviews the current challenges in India’s financial sector and analyzes some of the impacts of the recommendations of the 14th Finance Commission on Indian states.

Recommended for : World Bank , releases , India Development Update , 2016 Update , Financing Double-Digit Growth

How Technology affects Indian Banking Sector?

The ledgers have been replaced with computers, long queues have been replaced with online banking from the comfort of your home, cheques and withdrawals have been replaced by ATM cards. Banking sector has seen a number of changes in the last two decades.

Recommended for : technological changes in banking sector , impact of technology in banking sector , Technology affects Indian Banking Sector

Transfer policy of Female employees in Public sector banks

PSU Banks have been advised to draft a new preferential transfer policy aimed for female employees. Read on to find out the details about this new move.

Recommended for : female bank employee transfer policy , transfer policy for bank employees , bank clerk transfer rule , employee transfer procedure

भारतीय बैंकिंग क्षेत्र में एकीकरण की मांग

भारत में सार्वजनिक क्षेत्र के शीर्ष बैंक भारतीय स्टेट बैंक (एसबीआई) ने मई 2016 में अपने 5 सहयोगी बैंकों तथा नवगठित भारतीय महिला बैंक (बीएमबी) के खुद में विलय के लिए सरकार से अनुमति मांगी.

Recommended for : Indian Banking sector , भारतीय बैंकिंग क्षेत्र

Consolidation in Indian Banking sector: Pros & Cons

India is the fastest growing major economy in the world. To sustain this growth, there is a need for mega banks that only will ensure investments into the large scale infrastructure projects.

Recommended for : Consolidation , Indian Banking sector , state bank of India , SBI

सार्वजानिक क्षेत्र के पंजाब नेशनल बैंक को 5367 करोड़ रुपए का नुकसान

सार्वजानिक क्षेत्र के पंजाब नेशनल बैंक को गैर-निष्पादित परिसंपत्ति (एनपीए) में तेज बढ़ोतरी के कारण 31 मार्च 2016 को समाप्त वित्त वर्ष की अंतिम तिमाही में 5367.14 करोड़ रुपए का नुकसान हुआ.

Recommended for : Public sector , Punjab National Bank , सार्वजानिक क्षेत्र , पंजाब नेशनल बैंक

SBI to merge 5 subsidiaries, Bharatiya Mahila Bank with itself

The proposed consolidation will create a banking behemoth with a balance sheet size of 37 trillion rupees.

Recommended for : SBI , merge , 5 subsidiaries , Mahila bank , state bank of India , banking sector

Salary of SBI Clerk after 10th Bipartite Settlement

The pay scale of SBI is better than the other public sector banks in the country by a swift margin and allows multiple benefits to its employee, in order to keep them loyal towards the organization.

Recommended for : Computer Engineers in Banking Sector , use of computer engineering in banking sector , role of it in banking sector , application of computer in banking

Role of Computer Engineers in Banking Sector!

In today’s era one cannot imagine today's banking system without computers. The banking system has become dependent on different types of software to run their day to day activities. This dependence on computers and latest technology has made way for technical experts and people with expertise in the new age technology.  So, the banking system would be impossible without the work of Computer Engineers.

Recommended for : Computer Engineers in Banking Sector , use of computer engineering in banking sector , role of it in banking sector , application of computer in banking

RBI released draft guidelines for licensing of Universal Banks in Private Sector

It also sought views and comments on the draft guidelines from banks, non-banking financial institutions, industrial houses, other institutions and the public at large latest by 30 June 2016.

Recommended for : RBI , Draft guidelines , Licensing of Universal Banks , Private Sector

President Pranab Mukherjee confers Niryat Shree and Niryat Bandhu Awards

The awards were conferred to the companies from various sectors of exports besides service providers, banks, and various facilitating agencies which are promoting exports during the year 2015-16.

Recommended for : President of India , Niryat Shree , Niryat Bandhu Awards , Federation of Indian Export Organisations , FIEO

RBL Bank became first private sector bank to open dedicated branch for Start-ups in India

The first exclusive bank branch for start-ups will offer a bouquet of banking products to service the end-to-end needs of the emerging entrepreneurial eco-system.

Recommended for : RBL Bank , first private sector bank , dedicated branch for Start-ups , Bank for startups

What happens in Bank PO training period after getting selected

Jagranjosh team has come up with an article to trench the curiosity of IBPS/SBI Aspirants about the training session held after the selection. In this article, Various training methods are explained from the time of joining till the Deputation.

Recommended for : Training procedure of banking personnels , Various training sessions in Banking , Importance of training in Banking Sector

Job Opportunities in Banking Sector for PGDM Students

Till last decade, a degree in management meant a sure shot entry to a corporate job with enviable packages & AC offices. Nobody in his ‘right’ frame-of-mind would have related entrepreneurship to management education.

Recommended for : Asia Pacific Institute of Management , PGDM , banking jobs

World Bank approved $250 million loan to Support Electricity Distribution Sector Reforms in Rajasthan

The loan was granted to support the government of Rajasthan in improving the performance of its electricity distribution sector under the State’s 24x7 Power for All program.

Recommended for : World Bank , Development Policy Loan , DPL for Rajasthan , Rajasthan , electricity distribution sector , Power for All program

YES Bank inked MoU with India Brazil Chamber for strategic cooperation

The core sectors covered in the MoU will be Sports, Media and Entertainment with special focus on IT, Infrastructure, Broadcastand Innovative solutions driven business opportunities.

Recommended for : IBCC , Brazil , YES Bank , Chamber of Commerce

NPAs: The Bane of Indian Banking Sector

The article discusses about the causes and consequences of Non-Performing Assets (NPAs) and its magnitude in the Indian Banking Sector.

Recommended for : Non Performing Assets , NPAs , Indian Banking Sector , Economic Survey

गैर निष्पादित परिसंपत्ति : भारतीय बैंकिंग क्षेत्र के लिए एक अभिशाप

जब ऋण लेने वाला व्यक्ति 90 दिनों तक ब्याज या मूलधन का भुगतान करने में विफल रहता है तो उसको दिया गया ऋण गैर निष्पादित परिसंपत्ति (नॉन– परफॉर्मिंग असेट) माना जाता है.

Recommended for : Non Performing Assets , NPAs , Indian Banking Sector , Economic Survey , गैर निष्पादित परिसंपत्ति , भारतीय बैंकिंग क्षेत्र , आर्थिक सर्वेक्षण

Capital Local Area Bank became first to get Small Finance Bank license from RBI

Capital Local Area Bank Ltd is the largest Local Area Bank in the country and operates from Jalandhar in Punjab.

Recommended for : capital area bank , RBI license , small finance bank , local area bank , Punjab based banks , banking sector

Banking before CBS: An Overview of the Past

Today when we go to a bank, we see clerks and officers working on their computers and anybody having account anywhere can do banking irrespective of his or her location. The facility, also known as Core Banking Solution or CBS, is a relatively new concept in the banking arena.

Recommended for : CBS in banking system , technology in banking sector , impact of technology in banking sector

10 Great Qualities a PSU Bank Employee should possess

A career in Banking, especially when it comes to Public Sector Banks has been a preferred choice among the youth of this country. To help students out, we have compiled a list of top 10 qualities that every banking professional should possess in order to build a successful career in Public Sector Banks.

Recommended for : bank employee skills , public sector bank jobs 2015 , bank interview questions , bank interview tips , bank interview preparations

Scheduled Banking Structure in India

Scheduled bank refers to a bank which is listed in the 2nd schedule of the Reserve Bank of India Act, 1934. Read on to know more about schedule banking structure in India.

Recommended for : Scheduled commercial Banks , Scheduled Co-operative Banks , public sector banks , NABARD

केंद्र सरकार ने बैंक बोर्ड ब्यूरो को मंजूरी प्रदान की

इसके विशेषज्ञ सदस्यों में अनिल के खंडेलवाल (बैंक ऑफ़ बड़ोदा के पूर्व सीएमडी), रूपा कुडवा (सीआरआईएसआईएल की पूर्व एमडी एवं सीईओ) एवं एचएन सिनोर (आईसीआईसीआई बैंक के पूर्व संयुक्त सचिव) शामिल हैं

Recommended for : Banks of Board Bureau , Vinod Rai , Public Sector Banks , बैंक बोर्ड ब्यूरो , विनोद राय , सार्वजनिक क्षेत्र के बैंक

Union Budget 2016-17: Financial Sector Reforms

Among other things, the Union Finance Minister announced that a comprehensive Code on Resolution of Financial Firms will be introduced as a Bill in the Parliament during 2016-17.

Recommended for : financial sector , banking sector , stressed assets , non performing assets , NPAs , RBI , monetary policy , budget , Arun Jaitley

Union Government approved Constitution of Banks of Board Bureau

The Bureau constituted with an aim to improve the Governance of Public Sector Banks (PSBs) will be chaired by former CAG Vinod Rai.

Recommended for : Banks Board Bureau , BBB , Department of Financial Services , Vinod Rai , Public Sector Banks

Issues and Challenges facing Indian Banking Sector

The article analyses the problems faced by the Indian banking sector especially Non Performing Assets and lists out the steps taken by the Government to remedy the situation.

Recommended for : Non performing assets , NPAs , banking sector , reserve bank , Basel norms , economy

Parliamentary Standing committee on Finance tabled report on NPAs of Public Sector Banks

The committee has tabled its 27th report in Parliament which observed that many of bad loans of banks are because of companies with over capacity and weak demand.

Recommended for : Parliamentary Standing committee on Finance , NPAs , Public Sector Banks

Role of Banking Sector in Women Empowerment

Banking sector has been at the forefront of women empowerment moment through pioneering efforts like financial inclusion and economic independence of women that has helped them achieve socio-economic equality in the Indian society. Let’s look at some of the important women-centric bank schemes available for women.

Recommended for : Women Empowerment , Bhartiya Mahila Bank , Stree Shakthi Package for Women Entrepreneurs , IBPS PO interview question , BMB Annapurna Loan

IAS Exam 2016 : INDRADHANUSH SCHEME FOR REVAMPING THE BANKING SECTOR

Indradhanush Scheme is for the Banking Reforms in India. Read it and other Bank Schemes for the Banking Reforms in India.  

Recommended for : IAS Exam 2016 , IAS Exam 2016 Current Affairs Analysis ,

IBPS PO V Result 2016, Exam Dates, Eligibility

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