RBI has revised the RTGS time window with effect from June 01, 2019 as under: Sr. No. Event Time 1. Open for Business 08:00 hours 2. Customer transactions (Initial Cut-off) 18:00 hours 3. Inter-bank transactions (Final Cut-off) 19:45 hours 4. IDL Reversal 19:45 hours – 20:00 hours 5. End of Day 20:00 hours 3. The…
Summary of the important announcement regarding Banning of 500 & 1000 Rupee Note : 1. Black money issue, 500 rupees and 1000 rupees banned from Midnight. 2. ATM’s wouldn’t wouldn’t work on 9th and 10th November. Rather the withdrawal limit is Rs. 2000 only. 3. All Residents have option till 30th December 2016, to deposit…
1. Bankers need skill to perform the daily work. Time now ripe to teach them Knowledge. Future banking is knowledge-driven. 2. Inter-linkages in bank functioning needs to be taught. Officers should be able to understand the entire balance sheet management of the Bank in a holistic manner. 3. Inter-linkages in various functioning of banks should…