Banking – Page 9 of 14 – Career Heights ... an online portal of Khare & Associates..

Important news from IIBF – Beware of E-mail id “Info@iibf.org “

Candidates are hereby informed that the mail was neither sent by IIBF nor by any authorised persons. It is a fake mail sent by some unauthorised entities and candidates are advised to guard against such

Wilful defaulters list – names and amounts of banks and borrowers: All you ever wanted to know

Wilful defaulters list: Finance Minister Arun Jaitley on Thursday said the banks will recover every penny of loan given to him. Jaitey, who was speaking at an event in New Delhi, said investigative agencies will take strong action against the liquor baron wherever he is found to have violated the law. Mallya, who has been declared a wilful defaulter, owes banks over Rs 9,000 crore.

RBI to re-examine MCLR regime

Although the introduction of MCLR has resulted in better transparency on fixing of lending rates, banks have frequently adjusted the spreads, thereby impeding transmission to the actual lending rates: RBI

Consolidation to hit hiring in public sector banks

Recruitment for bank jobs will be hit badly due to the proposed consolidation of public sector banks (PSBs), and a few banks have already put their fresh hiring plans on hold.

Despite sharp cuts by PSU banks, foreign banks command lowest MCLR

While PSU banks have cut MCLR the most since April 2016, when the new benchmark rate was first introduced, surprisingly foreign banks sport the lowest MCLR amongst all banks.

Rs 200 note launched: Here’s a brief history of Indian bills post Independence

The Reserve Bank of India issued on August 25, 2017 ₹ 200 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India from select RBI offices, and some banks. Modern paper currency in India traces its origins to the late 18th century when private and…

Number of PSBs may go down to 12 as govt mulls consolidation . The government is working on a consolidation agenda with a view to creating 3-4 global-sized banks and reduce the number of state-owned lenders to about 12.

Banks will have to take Rs 2.4 lakh crore haircut to resolve India’s top 50 NPAs: Crisil

‘Top 50 stressed a/cs will need ₹2.4 lakh cr haircut’.This amounts to 60% of the ₹4 lakh crore exposure to these accounts: Crisil report

RBI amends Banking Ombudsman Scheme: Includes Complaints relating to Misselling and Mobile/ Electronic Banking

The Reserve Bank of India has widened the scope of its Banking Ombudsman Scheme 2006, to include, inter alia, deficiencies arising out of sale of insurance/ mutual fund/ other third party investment products by banks. Under the amended Scheme, a customer would also be able to lodge a complaint against the bank for its non-adherence…

Section 24 and Section 56 of the Banking Regulation Act, 1949 – Maintenance of Statutory Liquidity Ratio (SLR)

Tag: Banking

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Budget 2026: Key Takeaways from FM Nirmala Sitharaman's speech

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Budget 2026: Key Takeaways from FM Nirmala Sitharaman's speech