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,…

Monetary policy review: RBI leaves key rates unchanged

MUMBAI, OCT 4:  The RBI has decided to maintain status quo and keep its key interest rate, the repo rate, unchanged at 6 per cent. It had last cut rates by 25 bps two months earlier in its August review. The pause was on expected lines as market consensus had predicted a pause in its cutting…

Merchant Aadhaar Pay

Merchant Aadhaar Pay: Yet another digital payment mode that is gaining popularity amongst merchants. Salient features- 1. Application for merchants that eases making payment by customer to merchant 2. Any bank customer having at least one account linked to his Aadhaar can make payment to the merchant by just putting his/her thumb impressions on a…

Govt notifies changes in Banking Regulation Act

The Government has notified the Banking Regulation (Amendment) Act under which it can authorise the RBI to issue directions to banks to initiate insolvency resolution process to recover bad loans. The Govt. has promulgated  Ordinance on 5th May 2017  authorising the Reserve Bank of India (RBI) to issue directions to banks to initiate insolvency resolution process…