You Search for :

banking sector

Do Government Banks Share Profits with Employees?

As of now, the Public Sector banks do not share the profits with their employees as there is generally no component named performance incentives in the salary slips of the employees of public sector banks. Apart from basic salary and different allowances, there are various perks such as newspaper allowances, petrol allowances, entertainment allowances etc given to the public sector banks employees.

Recommended for : SBI profit per employee , SBI profit , public sector banks

Why Public Sector banks are ideal paymasters?

The public banking sector has given open challenge to its private counterpart as well. Along with the monetary benefits, the public sector bank employees enjoy various other rewards and facilities that make them be seated in a better position than their private counterpart.

Recommended for : salary of bank manager , salary of bank clerk , salary of bank PO

What are the functions of Public Sector Bank?

Public Sector Banks are such financial entities in our country in which the majority stake is with the central government, which should be more than 50%. With the advancement of technology, core banking has been introduced in the country which has spread to every nook and corner presently.

Recommended for : Public Sector Bank , Functions of Public Sector Banks

Does Banking Sector Development promote economic growth in the country?

Banking Sector has been one of the most promising and profit driven financial sector for over a decade in India. During the financial and economic crisis that was felt globally by the superpowers of banking and finance, Indian banking and economy scenario was stable and working just fine.

Recommended for : Banking Sector Development , Indian economy , Economic Growth

Suresh N Patel appointed as MD & CEO of Andhra Bank

Patel has around three decades of experience in the banking sector at various levels and most of it in Gujarat.

Recommended for : Suresh N Patel , Andhra Bank , banking , CEO , MD , CVR Rajendran

How is the life of a clerk in Public Sector Banks?

Bankers working with nationalised banks are of the view that the twin factors of achieving operational efficiency and better labour relations may have led banks to hire more officers than clerks. Officers are required to work 24/7. However, in the case of clerks, you are required to pay overtime.

Recommended for : clerk salary in public sector banks , nationalised bank clerk benefits , nationalised bank clerk salary scale , govt. job bank clerk , public sector banks ranking , functions of clerk in public sector banks

Does Public Sector Banks conduct campus recruitment?

Recruitment of officers in public sector banks against permanent direct recruitment vacancies by resorting to campus recruitment/interview method may not be in accordance with the law. This means that public sector banks can hire officers only through examinations such as those conducted by the IBPS.

Recommended for : recruitment in public sector banks , lateral recruitment in public sector banks , public sector bank recruitment 2015 , jobs in public sector banks

General Awareness for Bank Exams: Foreign Direct Investments in India

The Indian government’s policy regime and a robust business environment have ensured that foreign capital keep flowing into the country. India received the maximum FDI from Mauritius at US$ 7.66 billion, followed by Singapore, the Netherlands, Japan and the US during April-January 2014-15 period.

Recommended for : FDI in India , FDI in India sector wise , FDI in India advantages and disadvantages , Growth of FDI in India , FDI in India in different sectors , FDI limit in India

Is the job of Bank PO better than IT sector job?

The decentralization of banking sector in India has resulted in huge number of opportunities and requirement of adequate manpower in these organizations. The perks and pay structure has been revamped which made banking sector more suitable for banking aspirants throughout the country.

Recommended for : IT vs Bank PO job , Pubic vs private sector job , why bank job is best

African Development Bank to triple Annual Climate Financing to nearly $5 billion by 2020

The Bank’s announcement reflects the high priority it places on addressing climate change in its Ten Year Strategy 2013-2022, as well as massive new support for the energy sector.

Recommended for : Climate Change , African Development Bank , AfDB , Akinwumi Adesina , Annual climate financing , climate change fund , greenhouse gas emissions

Important Banking term for IBPS PO Main Exam: Priority Sector Lending

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.

Recommended for : Banking terms , important terms for banking , priority sector lending , Priority sector

India signed 123.51 Million US dollar Loan Agreement with Asian Development Bank

It will also be used to improve basic tourism facilities and to build the capacity of sector agencies and local communities in the States of Himachal Pradesh, Uttarakhand and Punjab.

Recommended for : India , Loan Agreement , Asian Development Bank , Himachal Pradesh , Punjab , tourism facilities

What are the job options in Banking after completing BE/B.Tech from CSE branch?

Candidates who are fresh graduates of various engineering colleges around the country and are wondering where to move next as they want to get themselves land into government job should focus on banking preparation.

Recommended for : jobs in banking , career options for engineers , jobs in banking sector after B. tech

What to do to get a Job in Banking Sector with High Salary?

Banking has always been a sector with adequate job security and prospective area for career growth. Candidates need to undergo these job opportunities and prepare themselves accordingly by getting the required necessary qualification with them.

Recommended for : Financial Analyst , Loan Officer , Personal Financial Advisor

What are the Courses to make a Career in Banking and Finance Sector?

Banking has become a great career option amongst the aspiring candidates who want to join this field and rise further up in ranks. The flourishing financial sector has thus turned many eyeballs into its side and lakhs of aspiring candidates are thus taking this up as career opportunity for their future.

Recommended for : banking career , bank jobs , banking courses , iibf , banking and finance

How to Join Banking Sector after Passing Class 12th Examination?

Students after completing their 12th class and Graduation are focusing to get into the banking sector due to its promise of a good career. With increased number of jobs in the nationalized banks around the country the aspiring candidates trying their best to get through to the banking sector by taking guidance and preparatory classes from agencies.

Recommended for : how to join bank , how to join bank po , bank exam eligibility , bank eligibility criteria

Union Government Issued Norms for Selection of CEOs and MDs of Smaller PSU Banks

The guidelines were issued after the approval by the Appointments Committee of Cabinet (ACC) for selection of MDs & CEOs in Public Sector Banks (PSBs) other than five large Public Sector Banks.

Recommended for : Union Government , Selection of CEOs and MDs , Smaller PSU Banks , Public Sector Banks

Rs 2778 crore Sanctioned by MP Government to Improve Higher Education

Under a World Bank Project which is aimed at improvement of higher education sector in Madhya Pradesh, the government has sanctioned Rs. 2,378 crore for supporting students undergoing higher education in the state.

Recommended for : World Bank Project , Madhya Pradesh , higher education sector

ప్రభుత్వ రంగ బ్యాంకులకోసం ఇంద్రధనుష్ ఆవిష్కరించిన కేంద్ర ప్రభుత్వం

ప్రభుత్వ రంగ బ్యాంకులకు (పీఎస్‌బీ) తోడ్పాటునిచ్చే దిశగా కేంద్ర ప్రభుత్వం 14 ఆగస్టు 2015 న ఏడు సూత్రాల ‘ఇంద్రధనుష్’ ప్రణాళికను ఆవిష్కరించింది. దీని కింద ప్రస్తుత ఆర్థిక సంవత్సరం 13 పీఎస్‌బీలకు 25 వేల కోట్ల రూపాయిలు అందించనున్నారు.

Recommended for : Union Government , Indradanush , public sector banks , ప్రభుత్వ రంగ బ్యాంకు , ఇంద్రధనుష్ , కేంద్ర ప్రభుత్వం

केंद्र सरकार ने निजी क्षेत्र के दो पेशेवरों को बैंक ऑफ बड़ौदा और केनरा बैंक का प्रमुख नियुक्त किया

केंद्र सरकार ने 14 अगस्त 2015 को पीएस जयकुमार को बैंक ऑफ बड़ौदा का प्रबंध निदेशक (एमडी) एवं मुख्य कार्यकारी अधिकारी (सीईओ) और राकेश शर्मा को केनरा बैंक का एमडी एवं सीईओ नियुक्त किया.

Recommended for : Union Government , PS Jayakumar , Rakesh Sharma , Bank of Baroda , Canara Bank , Bank of India , IDBI , Public Sector Banks , केंद्र सरकार , पीएस जयकुमार , बैंक ऑफ बड़ौदा , राकेश शर्मा , केनरा बैंक

Union Government appointed two private sector professionals to head BoB, Canara Bank

This is the first time that private sector professionals were appointed to head the Public Sector Banks (PSBs). Earlier, the heads of PSBs were selected from among the state-run banks or government officers.

Recommended for : Union Government , PS Jayakumar , Rakesh Sharma , Bank of Baroda , Canara Bank , Bank of India , IDBI , Public Sector Banks

RBI notified Interest Subvention Scheme 2015-16 of Union Government for banks

The central bank in its notification said that interest subvention of 2 percent per annum will be made available to public and private sector banks provided they lend short term credit at the ground level at 7 percent per annum to farmers.

Recommended for : Reserve Bank of India , Central bank , Interest Subvention Scheme , public and private sector banks , short term credit

CSC and HCL formed Joint Venture to provide technology services solutions to banks

The joint venture will invest in platform modernization and product functionality enhancement and will capitalize on the proven capabilities of both companies.

Recommended for : CSC , HCL , Joint Venture , technology services solutions , banking sector , Computer Science Corporation

किसानों को कुल प्रत्यक्ष ऋण पिछले तीन वर्षों के औसत से नीचे नहीं दिया जाना चाहिएः आरबीआई

16 जुलाई 2015 को भारतीय रिजर्व बैंक (आरबीआई) ने बैंकों को निर्देश दिया कि वे यह सुनिश्चित करें कि किसानों को दिया जाने वाला कुल प्रत्यक्ष ऋण पिछले तीन वर्षों के औसत के कम न हो.

Recommended for : Priority Sector Lending , Small and Marginal Farmers , Reserve Bank of India , Direct lending to agriculture , RBI , Adjusted Net Bank Credit प्रत्यक्ष ऋण , आरबीआई , लघु और सीमांत किसान

Overall direct lending to farmers should not fall below average of past 3 years: RBI

The target for direct lending by banks to agriculture under Priority Sector Norms stands at 18 percent out of total 40 percent target fixed under priority sector lending.

Recommended for : Priority Sector Lending , Small and Marginal Farmers , Reserve Bank of India , Direct lending to agriculture , RBI , Adjusted Net Bank Credit , Direct Agriculture , Indirect Agriculture

श्रीराम कल्याणरमण राष्ट्रीय आवास बैंक के प्रबंध निदेशक तथा मुख्य कार्यकारी अधिकारी नियुक्त

निजी क्षेत्र के कार्यकारी श्रीराम कल्याणरमण को राष्ट्रीय आवास बैंक का प्रबंध निदेशक तथा मुख्य कार्यकारी अधिकारी नियुक्त किया गया.

Recommended for : shreeram kalyanraman , private sector , housing bank , राष्ट्रीय आवास बैंक , श्रीराम कल्याणरमण

RBI released Financial Stability Report June 2015

It is the eleventh issue of its half yearly publication.

Recommended for : RBI Financial Stability Report June 2015 , financial markets in India and world , risks to the economy , banking sector , insurance reforms , financial sector regulation

ICICI Bank appointed MK Sharma as non-executive chairman

Sharma succeeded KV Kamath, who would step down from the bank’s board after he was nominated as the first president of the New Development Bank, established by BRICS nations.

Recommended for : ICICI Bank , India’s largest private sector bank , MK Sharma , KV Kamath , New Development Bank , BRICS nations ,

RBI advised all Public Sector Banks to appoint Internal Ombudsman

The internal ombudsman will be a forum available to bank customers for grievance redressal before they can even approach the Banking Ombudsman.

Recommended for : Internal Ombudsman , Banking Ombudsman Scheme , Reserve Bank of India

KV Kamath appointed as first President of New Development Bank of BRICS nations

Currently, Kamath is the Chairman of the India’s largest private sector bank, Industrial Credit and Investment Corporation of India (ICICI).

Recommended for : Kundapur Vaman Kamath , New Development Bank , BRICS nations , NDB

1 | 2 | 3 | Next »
Newsletter Signup
Follow us on