Details of Electoral Bonds

The Finance Ministry has come out with the scheme “Electoral Bonds Scheme” with a view to cleanse the Election Funding. The Finance Minister Shri Arun Jaitly has announced on January 2nd the details of Electoral Bond Scheme. The electoral bonds, which are being pitched as an alternative to cash donations made to political parties, will be available at…

CWE – PO/MT -VII Recruitment of Probationary Officers/ Management Trainees – Main Exam Result Status

Dear Participants, All the candidates who appeared for IBPS PO Mains Examination and IBPS Clerk 2017 prelims examination and were eagerly waiting for the result , please be informed that IBPS has now declared the result for IBPS PO Mains Examination 2017 and IBPS Clerk 2017 prelims examination . Now you can check your result status as IBPS has released…

US Fed raises key interest rates: Top 5 takeaways & Its impact on Indian Markets

US Federal Reserve on Wednesday hiked interest rates by 25 basis points for the third time this year. It also projected three more rate hikes for 2018. Here are the key highlights from the US Fed policy statement. A rosy outlook The US Fed took the decision to raised interest rates on expectations that the job…

IBPS Mock Interview Preparation

Dear Friends, Now with the Interview Call Letters out for RRB PO the time has come for preparation for the Interview. Hence we as a Team are here for grooming the interested candidates aspiring for RRB PO positions in the Bank. Our team consists of seasoned Senior Level Bankers from different Banks. They also have…

Fifth Bi-monthly Monetary Policy Statement, 2017-18 Resolution of the Monetary Policy Committee (MPC) Reserve Bank of India

On the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, the Monetary Policy Committee (MPC) decided to: keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.0 per cent. Consequently, the reverse repo rate under the LAF remains at 5.75 per cent, and the…

Tips To Avoid Negative Marking in CAT Exam

Being a prerequisite for admissions in the IIMs and other top management schools, the CAT exam is taken by several aspirants and is one of the most competitive exams in the country. The candidates need to be dedicated and have proper CAT preparation to be able to ace the exam easily.  Like other competitive exams,…

COMMON RECRUITMENT PROCESS FOR PARTICIPATING ORGANIZATIONS/PUBLIC SECTOR BANKS – FREQUENTLY ASKED QUESTIONS (FAQs)

There are various queries from candidates in connection with Common Recruitment Process. We give below the link from IBPS website for the various queries raised.IBPS  has compiled repeated similar queries received from candidates along with their responses to upload on the official website of IBPS for information and benefit of all concerned. Most of the queries are raised…

Moody’s upgrades India rating, backs Modi govt reforms

New York, November 16, 2017 — Moody’s Investors Service (“Moody’s”) has today upgraded the Government of India’s local and foreign currency issuer ratings to Baa2 from Baa3 and changed the outlook on the rating to stable from positive. Moody’s has also upgraded India’s local currency senior unsecured rating to Baa2 from Baa3 and its short-term…

Dealing with Disciplinary Action

Dear Friends, As of Today we know that many of our Banker Fellows are facing problems on account of being issued with the Charge Sheet. They are unaware of the Disciplinary Processes involved. Hence Banker’s Helpline have issued a very comprehensive Booklet on Disciplinary Matters for Bank Officers. We  have uploaded the same on our…

RBI clarifies that linking Aadhaar to bank accounts is mandatory

The Reserve Bank of India has said biometric identity number Aadhaar linkage with bank accounts is mandatory.  The RBI clarification followed media reports quoting a reply to a Right to Information (RTI) application that suggested the apex bank has not issued any order for mandatory Aadhaar linkage with bank accounts.  The Reserve Bank clarifies that,…