Highlights of Fourth Bi-Monthly Monetary Policy Review on 5th October 2018

The Reserve Bank of India has decided to keep the repo rate unchanged at 6.5 per cent.  The decision was taken at the fourth bi-monthly monetary policy committee meeting led by RBI Governor Urjit Patel on October 5, amidst market expectations of further tightening by the central bank. Consequently, the reverse repo rate under the…

SBI PO & Bank of Baroda GD & Interview 2018 – Tips & Interview Experience

Dear Friends,  We have today uploaded on the website the GD & Interview Experiences of some of the Participants who have appeared for Bank of Baroda PO, GD & Interview commenced on 10th September and SBI PO GD & Interview commenced on 24th September 2018. It will be our endeavour to update the same as…

Bank Promotions – Latest Banking Updates (As on 31.08.2018)

Dear Friends, This booklet entitled ” Latest Banking Updates – Bank Promotions(as of 31.08.2018) has been prepared with an intention to provide ‘Latest Developments in Banking and Financial Sector’ for the enrichment of Bank’s Staff, the Banking knowledge and Banking Developments taking place in present day scenario, when the entire Banking Industry is facing heavy Turbulence…

Bank of Baroda, Vijaya Bank and Dena Bank to be merged

The government has announced that Bank Of Baroda, Vijaya Bank and Dena Bank will be merged into a single bank which will become India’s third largest bank. The move follows top lender State Bank of India last year merging with itself five of its subsidiary banks and taking over Bharatiya Mahila Bank, a niche state-run…

FREQUENTLY ASKED QUESTIONS – Priority Sector Lending – Targets and Classification

Priority Sector Lending – Targets and Classification – (FAQ’s As on April 18, 2018)   1. What are the different categories under priority sector? Priority Sector includes the following categories: (i) Agriculture (ii) Micro, Small and Medium Enterprises(iii) Export Credit(iv) Education(v) Housing(vi) Social Infrastructure(vii) Renewable Energy(viii) Others 2. What are the Targets and Sub-targets for banks under…

INTRODUCTION OF CERTIFICATE EXAMINATIONS ON EVERY 1st AND 3rd SATURDAY FROM AUGUST 2018 AT 100 CENTRES

IIBF has introduced Conduction of Certificate Examinations such as Certificate Course on MSME, Certificate Examination in Customer Service & Banking Codes and Standards, Certificate Examination in Anti-Money Laundering & Know your Customer, Certificate Examination in Prevention of Cyber Crimes and Fraud Management on every 1st and 3rd Saturday from August 2018. Institute will the conducting the following online examinations…

Banking Promotion Test Study Material – 2018

Dear Friends, We have revised the study Materials for Bank Promotion Tests from Scale I, II, III, IV & V as of 6th June 2018, which covers Current Events Related to Banking, Interview Questions . It will be our endeavor to update the Study Material on a regular basis.The hard copy of the same is available…

Sense of Self Satisfaction

A sense of self satisfaction when someone succeeds. “Feedback from one of the participants at Mahendra Education pvt ltd .. Heartening to learn the success of our students.. Congratulations dear…” [2/24, 11:43 AM] ‪+91 80851 44652‬: Hello sir[2/24, 11:43 AM] ‪+91 80851 44652‬: Gm[2/24, 11:43 AM] ‪+91 80851 44652‬: I meet you at Mahendra Bhopal…

Sixth Bi-Monthly Policy – Key Takeaways

Key takeaways from RBI’s February 2018 Monetary Policy Meet The Reserve Bank of India (RBI) on Wednesday kept the benchmark repo rate at 6 percent and raised inflation forecast in its monetary policy Here are key takeaways from the meet – Global economic activity gained further pace since last monetary policy. Economic optimism, falling unemployment…

JAIIB/CAIIB – CAIIB Elective & Diploma in Banking & Finance Examination – MAY/JUNE 2018 & NOVEMBER/DECEMBER 2018

JAIIB EXAMINATION MAY 2018 & NOVEMBER 2018 REGULAR OPEN PERIOD FOR REGISTRATION (02-03-2018 TO 27-03-2018) – With Normal Examination fees EXTENDED PERIOD FOR REGISTRATION(28-03-2018 TO 31-03-2018) – With Normal Examination fees plus LATE FEES of Rs 200/- (Plus taxes as applicable) ONLINE MODE EXAMINATION DATE TIME SUBJECTS 06-05-2018 ONLINE – Will be given in the admit Letter…