On 25th Feb 2016 RBI has partially modified the Prudential Guidelines on Revitalising Stressed Assets.The excerpts of the Press Release are given below.On a review and based on feedback received from stakeholders, the Reserve Bank of India has partly modified and also clarified, some aspects of its Prudential Guidelines for Revitalising Stressed Assets in the…
Additional Reading Material for Module A and Module D Considering the growing significance of RRBs in pursuit of financial inclusion agenda, RBI decided to revise the priority sector guidelines for RRBs. Accordingly, the comprehensive revised guidelines on Priority Sector Lending – Targets and Classification for Regional Rural Banks were published by RBI. The revised guidelines will…
What is SIP ?Systematic Investment Plan (SIP) is an investment vehicle offered by mutual funds to investors, allowing them to invest using small periodically amounts instead of lump sums. The frequency of investment is usually weekly, monthly or quarterly. Benefits of SIP1. Easy Investment. You can start a SIP in just 5002. SIP can deliver the power of compounding Total funds accumulated…
INTERVIEW TIPS AND SAMPLE INTERVIEW QUESTIONS FOR IBPS PO / CLERKS Try to keep yourself updated about the recent happenings of at least the month prior to interview. Keep yourself updated on the latest developments in Finance Sector, Political , Sports etc.The candidate needs to thoroughly read about the latest happenings at the time of his interview.…