Dear Friends Since Bank Promotions are underway I have prepared the following two books:
1. Bank Promotion – A Handbook on Banking Awareness Scale IV-VI. This book is available on Amazon. Since the book is published in 2022, I have prepared the latest updated “Supplement to Bank Promotion – Handbook on Banking Awareness Scale 4-6 which is updated as of September 25” and is available in pdf format @ cost of Rs 1000/- .
2.Bank Promotion -A Handbook on Banking Awareness -“Scale I-III” updated as of September 25. This book has been sent for printing. Till such time this book is available in PDF format at a cost of Rs 1000/-.
Interested candidates may contact the undersigned on my contact number: 9993170274 or email to me on my email id:khare.rakesh1@zohomail.com .
With Best wishes
Rakesh Khare
The Monetary Policy Committee (MPC) held its 53rd meeting from February 5 to 7, 2025 under the chairmanship of Shri Sanjay Malhotra, Governor, Reserve Bank of India. The MPC members Dr. Nagesh Kumar, Shri Saugata Bhattacharya, Prof. Ram Singh, Dr. Rajiv Ranjan, and Shri M. Rajeshwar Rao attended the meeting. The MPC revised the repo rate for the first time in two years, voting unanimously to cut it by 25 basis points from 6.50% to 6.25% in view of easing retail inflation and slowing growth. The rate cut comes even as the Rupee continues to reel to under pressure from global tariff wars. The MPC decided unanimously to reduce the policy repo rate to 6.25% at its meeting, The MPC also decided unanimously to continue with the ‘neutral’ stance and to remain unambiguously focused on a durable alignment of inflation with the target, while supporting growth.
Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2025-26 in Parliament today. Finance Minister presented the Union Budget 2025-26 with the theme “Sabka Vikas” stimulating balanced growth of all regions. In line with this theme, the Finance Minister outlined the broad Principles of Viksit Bharat to encompass the following:
a) Zero-poverty;
b) Hundred per cent good quality school education;
c) Access to high-quality, affordable, and comprehensive healthcare;
d) Hundred per cent skilled labour with meaningful employment;
e) Seventy per cent women in economic activities; and
f) Farmers making our country the ‘food basket of the world’.
Union Minister of Finance and Corporate Affairs, Smt Nirmala Sitharaman presented the Economic Survey 2024-25 in the Parliament today.
Union Finance Minister Nirmala Sitharman on July 23 announced her seventh consecutive budget. The presentation on July 23 was the first Budget by the BJP-led NDA government since it was re-elected in June.
Ms. Sitharaman said that the Budget will focus on employment, skilling, MSME and middle class. An allocation of ₹1.48 lakh crore for education, employment and skill development was announced.. The Finance Minister laid down nine priorities of the Budget:
1. Productivity and resilience in agriculture
2. Employment and skilling
3. Inclusive Human resource development and social justice
4. Manufacturing and services
5. Support for promotion of MSMEs
6. Urban development
7. Energy security
8. Infrastructure
9. Innovation, research and development
The Monetary Policy Committee (MPC) met on 5th, 6th and 7th June 2024. After a detailed assessment of the evolving macroeconomic and financial developments and the outlook, it decided by a 4 to 2 majority to keep the policy repo rate unchanged at 6.50 per cent. Consequently, the standing deposit facility (SDF) rate remains at 6.25 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent. The MPC also decided by a majority of 4 out of 6 members to remain focused on withdrawal of accommodation to ensure that inflation progressively aligns to the target, while supporting growth.
The Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced the first monetary policy of the financial year 2024-25. The two-day review meeting of the RBI’s Monetary Policy Committee (MPC), the rate-setting panel, commenced on April 3 and concluded today, April 5. The RBI decided to keep the key policy repo rate unchanged at 6.5% for the seventh consecutive time. The six-member MPC headed by Governor Das also decided to maintain the policy stance at ‘withdrawal of accommodation’.
RBI Governot has announced several additional regulatory measures through Statement on Developmental and Regulatory Policies.
The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) has kept repo rates unchanged at 6.5 percent. It has also decided to remain focused on the withdrawal of the accommodative stance, Governor Shaktikanta Das said. This is the sixth consecutive unchanged decision and comes after the Interim Budget was announced on February 1, 2024.
India’s Finance Minister Nirmala Sitharaman presented the much-anticipated Interim Budget, outlining the government’s spending plans. Overall Focus of the Budget :
• Meeting the needs and aspirations of the poor, women, youth, and farmers
• Making India a “Viksit Bharat” (Developed India) by 2047
• Focusing on “sabka sath, sabka vikas” (inclusive development)
• Prioritising “GDP” – Governance, Development, and Performance
• All-round, all-pervasive, and all-inclusive approach to development