Bank Promotion Study Materials Clerical to Scale I, Scale I-II,III,IV,V and Scale VI – 2019-20

Bank Promotion Study Material 2019-20 Updated as of 25th December 2019.

RBI releases Report on Trend and Progress of Banking in India 2018-19

Reserve Bank of India released the Report on Trend and Progress of Banking in India 2018-19, a statutory publication in compliance with Section 36 (2) of the Banking Regulation Act, 1949. This Report presents the performance of the banking sector, including co-operative banks, and non-banking financial institutions during 2018-19 and 2019-20 so far.

Fifth Bi-monthly Monetary Policy Statement, 2019-20 – Key Highlights

RBI Monetary Policy Highlights: Future repo rate cuts not being ruled out, says Shaktikanta Das. Despite an expectation of 25 bps repo rate cut, MPC maintained status quo on repo rate at 5.15 percent and accommodative stance.

Third Bi-monthly Monetary Policy Statement, 2019-20 Resolution of the Monetary Policy Committee (MPC) Reserve Bank of India

India’s Central Bank Reserve Bank of India announced on 6th August the IIIrd Bi-Monthly Monetary Policy wherein they announced an array of conventional and unconventional measures to boost slowing economic growth, including reducing the benchmark interest rate by an irregular 35 basis points (bps), its fourth rate cut this year. The Reserve Bank of India’s six-member rate-setting…

SBI PO Main 2019 – Important Topics for Descriptive Essay and Letter Writing

SBI PO Mains is scheduled to be held on the 20th of July, on Sunday. The exam will be conducted in online mode. SBI will conduct Mains PO exam in two tests: 1: Objective Test (Online Mode): This test will consist of four sections with separate timing for each section: S. No. Sections No. of Questions/ Maximum…

SBI PO 2019 & SBI Clerk Notification 2019 Declared

Dear Friends, State Bank Of India (SBI) has released the notification regarding the recruitment of Probationary Officer (PO) 2019 and for the recruitment on the posts of the clerk in its branches all over India. Highlights of the notification here: For Clerks: ONLINE REGISTRATION OF APPLICATION AND PAYMENT OF FEES: 12.04.2019 TO 03.05.2019 Preliminary Examination will be conducted…

IIBF – Re-schedule of JAIIB/DB&F examinations (May-2019) due to Lok Sabha Election.

JAIIB/DB&F examination was scheduled on 5th May, 12th May and 19th May 2019. Due to recent announcement of Lok Sabha election schedule, the examination schedule dated 12th May and 19th May 2019 is coinciding with the election date in 90 Centre/City. Therefore, Institute has decided to reschedule exam date as mentioned below for the those the affected 90…

Highlights of Sixth Bi-monthly Monetary Policy Statement, 2018-19 Resolution of the Monetary Policy Committee (MPC) Reserve Bank of India

The six-member Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta Das, which met on 7th February 2019, Thursday cut key policy rate by 25 basis points as falling inflation provided room for policy easing. After the cut, the repo rate stood at 6.25 per cent. Likewise, the reverse repo rate adjusted to 6 per…

The Reserve Bank introduces Ombudsman Scheme for Digital Transactions

As announced in the Monetary Policy Statement of December 5, 2018, the Reserve Bank of India (RBI) launched on 31st January 2019, the Ombudsman Scheme for Digital Transactions (OSDT) vide Notification dated January 31, 2019 for redressal of complaints against System Participants as defined in the said Scheme.  Follow the link for the Scheme: The Ombudsman Scheme for Digital Transactions, 2019…

RBI guidelines on restructuring of advances to MSMEs

Micro, Small and Medium Enterprises (MSMEs) form an important component of the Indian economy and contribute significantly to the country’s GDP, exports, industrial output, employment generation, etc. Considering the importance of MSMEs in the Indian economy, it is considered necessary at this juncture to take certain measures for creating an enabling environment for the sector.…