Digital Banking News

RBI Advises Banks, Not TO Transfer Officers Randomly

Reserve Bank of India (RBI)  10-member panel  chaired by RBI’s former Executive Director G. Gopalakrishna has advised the Public Sector Banks to avoid transfer of officers for the sake of norms and make them need based as per leadership requirement. ...

Jan Dhan Yojana – Key Features

Jan Dhan Yojana - Prime Minister Mr. Narendra Mosi Dream of providing Bank Account to every individual by end of Year 2018. There are many important features are inbuilt under this scheme which is officially known as the Pradhan Mantri Jan Dhan ...

IBA Rejected 25% Pay Hike Demand 10th Bipartite Settlement

IBA Rejected 25% Pay Hike Demand in 10th Bipartite Settlement of Public Sectors Bank Employees. Indian Bankers Association (IBA) has rejected the Union Demands for salary hike of 25% on pay slip cost on the ground of higher NPA and less ...

Bankers DA Increased For Aug-Oct 2014 by 4.95%

Bankers DA 2014 - Nationalized Bankers Dearness Allowance for the month of August, September and October 2014 has been increased BY 33 slabs to 4.95% from previous DA i.e. was 97.50%. The new DA for the banking employees will be 102.45% of the Basic ...

Now PSU Government Bank Will Work For 5 Days ?

PSU Government Bank will work for Five days in a week as like other Private and Government Institute. Indian Banks' Association (IBA) has re considered the demand of Banking employees. Although it was the same proposal which was rejected by the ...

Bank DA from February 2014

Actual DA for Bankers from February 2014 to April 2014 is kept@99.90% with increase of 3.75% or 25 slabs. Banker's expected Dearness Allowance (DA) from February 2014 to April 2014 will be calculated approximately 25 SLABS increment from October ...

RBI Hikes Repo Rate by 25 bps to 7.75%

RBI hikes Repo Rate by 25 bps to 7.75% - Reserve Bank of India (RBI) has raised its policy interest rate i.e. Repo Rate to 7.75% by 25 basis point. The RBI was forced to do so due to higher inflation rate. Present inflation rate is highest in three ...

Projected DA For Bank Staff in November 2013

Projected DA For Bank Staff in November To January 2014 - Expected Dearness Allowance (DA) for Bank's staff in November will be increased by 479 slabs or 94.50% of Basic Pay. A wonderful Happy Diwali for Bankers in term of Increased DA.The 10th ...

Below 60%, Apply for IBPS 2013-14 PO/MT Recruitment Online Application

Below 60% in Graduation, No Problem Apply for IBPS 2013-14 .Institute of Banking Personnel Selection (IBPS) has Restore the Eligibility Criteria for CWE III PO/MT Recruitment. There is a change in Eligibility criteria and even a simple Graduate ...

Syndicate Bank New CMD Mr S. K. Jain

Syndicate Bank got a New CMD very soon, Ministry of Finance has named Bank of Baroda current ED (Executive Director) Sudhir Kumar Jain as the New Chairman and Managing Director (CMD) of this fastest growing Public Sector Bank. S. K. Jain is ...

National Payments Corporation (NCPI) Launches e-commerce For RuPay Card

The National Payments Corporation (NPCI) has launched e-commerce solution for Kisan Credit Card Holders with Rupay Cards. This new facilities is called 'RuPay PaySecure'. This Facility will help Rupay card holder to make any online transaction. ...

Bank Union Strike For Two Days in Feb 2013

A big General Strike by Trader Union of different banks on 20th and 21st Feb 2013. All Bank's employees from every nationalized banks are participating in the nationwide two days' strike. According to BFI circular for General Strike the main aim : ...

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