RBI Updates Key Policy Rates
Aug 2, 2017

New policy rates are : Repo rate under the liquidity adjustment facility (LAF) to be 6.00%; the Reverse repo rate to be 5.75%, and the marginal standing facility (MSF) rate to be 6.25% and the Bank Rate at 6.25%. CRR continues to be at 4% as per RBI announcement on Third Bi-monthly Monetary Policy Statement for 2017-18 02nd August,2017


Standard of Customer Service can improve by adding small helps
July 4, 2017

I would like to draw your attention towards some important points for improvement of standard of customer service in general for all and for elders in particular....


Demonetization: Why India needs a ₹ 200 note
Dec 3, 2016

Let me begin with a question framed in an IAS exam: A lady bought ₹ 200 worth of grocery from a shop and gave a note of ₹ 1000/-. The shopkeeper didn’t have change so he arranged change of ₹ 1000/- from a neighbour shopkeeper. He added ₹ 200 to his cash box and handed over ₹ 800 to the lady......


Big Win for Retired officers/employees regarding hospitalization expenses in Medical Insurance Scheme
Nov 20, 2016

Mr. S. Ramamchandran had sent a letter dated 29th July, 2016 addressed to Shri P.S.Jayakumar, MD & CEO of Bank of Baroda on the subject of non-reimbursement of medical bills submitted as per banks circular. Now, due to the untiring efforts of Mr. Ramachandran, the bank has responded positively. .....


Deficiencies and Lapses found in implementation of PMMY/MUDRA
Nov 18, 2016

Mr. Pannvalan provides a valuable insight into the deficiencies & lapses that he has seen in the implementation of PMMY/MUDRA....


Banking Tutor - Videos in Hindi

Understanding FDI - An Introduction in Hindi
Aug 8, 2017

A great Resource for all our Readers to understand more about FDI & FDI regulations in India. Mr. Vinay Agarwal explains about FDI in the first Video in Hindi, and goes into more details on FDI Regulations in India in the Second Video...

Understanding Partnership for Business in India
Aug 8, 2017

A great Resource for all our Readers to understand more about Partnerhsip for Profit Business in India. Mr. Vinay Agarwal explains in great detail about partnerhsip for profit Business in this great Video in Hindi...

Highlight of the week

DA Change for Bankers from August 2017 - 2.20% Increase
Aug 1, 2017

Based on the above calculations the revised DA is to be @ 47.80%, for the months of Aug 2017 to Oct 2017. [The DA for May 2017 to July 2017 was 45.60%] i.e. increase of 2.20% or 22 slabs...

DA for Retired Bankers from August 2017 to January 2018
Aug 1, 2017

We have updated the DA for Retired Bankers. Please click the link to see the details.

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