Tentative Calendar of Examinations for CWE-VI for Participating Organizations.

IMPORTANT NOTIFICATION PSBs – CWE PO/MT-VI and CWE CLERK-VI    The tentative dates are as follows : CWE PO/MT-VI   Preliminary Examination 16.10.2016, 22.10.2016 & 23.10.2016   Main Examination 20.11.2016     CWE CLERK-VI   Preliminary Examination 26.11.2016, 27.11.2016, 03.12.2016 & 04.12.2016   Main Examination 31.12.2016 & 01.01.2017   (2) PSBs – CWE SPECIALIST-VI There…

Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standards

The Reserve Bank of India has addressed the liquidity issues of commercial banks by easing the regulations on the liquidity coverage ratio. On 11th Feb 2016 it allowed banks to qualify 10% of SLR bonds as Liquidity Coverage Ratio (LCR) from 7% earlier, a requirement mandated under the Basel-III accounting norms from their Statutory Liquidity Ratio…

Pros & Cons of fixed and floating interest rate home loans

Friends nowadays we are going for Home Loans more so to have our own dwelling and also to avail of Income Tax reliefs/rebates under 80C. The interest rates are variable and are subjected to change as and when RBI announces the Bimonthly review of Monitory Policy and Credit Policy and insists on the Banks to pass…

Dosa Economics – By Dr. Raghuram Rajan – Governor RBI

What is ‘ DOSA ECONOMICS” ? 1. Reserve Bank Governor Raghuram Rajan has coined a new terminology called, ” DOSA ECONOMICS ” to indicate that “low deposit rates coupled with low inflation” is better than “high rates with high prices.” 2. RBI Governor says ” Pensioners are better-off in the regime of falling inflation. The…

Landmark judgement for Legal Fraternity in Banking Practice :

Landmark judgement for Legal Fraternity in Banking Practice : SARFAESI Act – Section 35 – cannot be used to bulldoze the statutory rights vested on the tenants under the Rent Control Act SARFAESI Act cannot override Rent Control Laws; Tenants cannot be evicted using provisions of SARFAESI Act: Supreme Court By: Ashok KM | January…

Depreciation v/s Devaluation:

Depreciation v/s Devaluation: Depreciation and Devaluation are two different economic terms that actually deals with the country’s currency value. Both currency depreciation and currency devaluation end up with a currency that is worth less than it previously was in comparison to the currencies of other countries. Depreciation Depreciation of the currency happens when the country…

Why Banking is a Growing Sector when Banks’ are having higher NPA?

Why Banking is a Growing Sector when Banks’ are having higher NPA?

Reason for Engineering Students choosing Banking Profession

Banking Sector has registered progressive and impressive annual growth during the past decade or more. During this period a large number of employees have since retired and during the next two or more years most of the senior personnel will be retiring from Bank services. Apart from this Banks are expanding their Branches. This has paved way…

Latest Developments and New Appointments

For 5th Bi-Monthly Monetary Policy Statement, 2015-16, latest developments in Banking and Economy and Policy details and New Appointments Please refer link : http://yourcareerheights.com/?page_id=148 and http://yourcareerheights.com/?page_id=155.

Blogs

Three reasons for concern about the Chinese economy Though big reason Chinese shares are sinking is that Beijing is trying to undo some of the measures it took to prop up stock prices after the Shanghai market collapsed in June. Those who are watching the developments in China have found the following three reasons behind decelerating…