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Category: Interview
The Reserve Bank Friday prescribed a turnaround time (TAT) for banks to settle failed transactions for customers and also notified compensations payable for various types of customer complaints.
About a week ago the finance minister, Nirmala Sitharaman announced the consolidation of 10 public sector banks into four mega state-owned ones. Retail customers including account holders of amalgamating banks are likely to get affected.
India’s Central Bank Reserve Bank of India announced on 6th August the IIIrd Bi-Monthly Monetary Policy wherein they announced an array of conventional and unconventional measures to boost slowing economic growth, including reducing the benchmark interest rate by an irregular 35 basis points (bps), its fourth rate cut this year. The Reserve Bank of India’s six-member rate-setting…
SBI PO Mains is scheduled to be held on the 20th of July, on Sunday. The exam will be conducted in online mode. SBI will conduct Mains PO exam in two tests: 1: Objective Test (Online Mode): This test will consist of four sections with separate timing for each section: S. No. Sections No. of Questions/ Maximum…
In view of the growing significance of FinTech innovations and their interface with the financial sector as well as financial sector entities, the Financial Stability and Development Council – Sub Committee had decided to set up a Working Group (WG), to look into and report on the granular aspects of FinTech and its implications, so…
Dear Friends, State Bank Of India (SBI) has released the notification regarding the recruitment of Probationary Officer (PO) 2019 and for the recruitment on the posts of the clerk in its branches all over India. Highlights of the notification here: For Clerks: ONLINE REGISTRATION OF APPLICATION AND PAYMENT OF FEES: 12.04.2019 TO 03.05.2019 Preliminary Examination will be conducted…
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…
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…
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…