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…

HIGHLIGHTS OF FIFTH BI-MONTHLY MONETARY POLICY 5TH DECEMBER 2018

The Monetary Policy Committee of RBI on 5th December 2018 reviewed the monetary policy and kept the repo rate unchanged at 6.50 per cent in its fifth bi-monthly monetary policy decision of FY19 on Wednesday. The reverse repo rate, also remained unchanged at 6.25 per cent. However, it announced statutory liquidity ratio (SLR) will go down by…

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…

Govt proposes merger of Bank of Baroda, Dena and Vijaya Bank

Govt proposes merger of Bank of Baroda, Dena and Vijaya Bank
The merger of Bank of Baroda, Dena Bank and Vijaya Bank set to create India’s third-largest bank with a total business of more than ₹14.82 trillion.

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…

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…

Bank Promotion Process in various Banks – 2018

Dear Friends, Promotion Process is starting in different Banks for all the Scales. It is important that promotion has to be accompanied with Knowledge Base and the deserving Performing Candidates should get the Promotion so that Performance accompanied with Job Knowledge should transform into Profitability for your Organisation, particularly in view of the present adverse…

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…