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…
Amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda has been notified vide Gazette of India Notification G.S.R. 2(E) dated January 2, 2019. The Notification called the ‘Amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda Scheme, 2019’ has come into force on April 1, 2019. In view of the above,…
1. The Bank had constituted a Committee on Currency Movement (CCM) [Chair: Shri D.K. Mohanty, Executive Director]. The Committee, inter-alia, recommended that the Reserve Bank should encourage banks to open large Currency Chests (CCs) with modern facilities and Chest Balance Limit (CBL) of at least ₹ 10 billion. Accordingly, RBI decided to have the following…
Presently, the assets allowed as Level 1 High Quality Liquid Assets (HQLAs) for the purpose of computing the LCR of banks, inter alia, include (a) Government securities in excess of the minimum SLR requirement and, (b) within the mandatory SLR requirement, Government securities to the extent allowed by RBI under (i) Marginal Standing Facility (MSF)…
With reference to paragraph 13 of the Statement on Development and Regulatory Policies of the Sixth Bi-Monthly Monetary Policy Statement for 2018-19 released on February 7, 2019 RBI has vide notification dated 7th February 2019 informed all the Scheduled Commercial Banks including RRB & SFB’s to raise the limit for collateral free agriculture loans to Rs. 1.6 lakh thereby…
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, At this juncture when Union Bank of India is celebrating its Centenary New Year and Bank Promotions are in process I feel delighted to present the Book entitled Awareness about Union Bank of India. This book contains awareness about Union Bank of India startiting from its History, Vision, Mission, Organisational Structure, various Joint…
आयुष्मान भारत योजना(AYUSHMAN BHARAT YOJANA) या प्रधानमंत्री जन आरोग्य योजना (PRADHAN MANTRI JAN AROGYA YOJANA ) क्या है ? ————————————————————————————————– १.यह गरीबों के लिए 5 लाख का सालाना पूरे परिवार के लिए स्वास्थ्य बीमा है | २.इस योजना से 50 करोड़ (करीब 40% आबादी ) लोगो को फायदा पहुचाने का सरकार का उद्देश्य है| ३.इस…
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…