HOT OFF THE PRESS
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,2017Read More...
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....Read More...
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......Read More...
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. .....Read More...
Nov 18, 2016
Mr. Pannvalan provides a valuable insight into the deficiencies & lapses that he has seen in the implementation of PMMY/MUDRA....Read More...
Banking Tutor - Videos 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...
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
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...
Aug 1, 2017
We have updated the DA for Retired Bankers. Please click the link to see the details.
The 'BIG' Demonetization Gamble
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An Indepth insight into the history of Wage Revision Bipartite Settlements including the details of the 10th Bipartite SettlementRead More
Over the years, ABS has provided a great insight on the ongoings of the Banking Industry with its neutral & unbiased viewpoints.Read More
Income Tax Slabs and Rates for FY 2016-17 and AY 2017-18 (Also given for the previous FY i.e. FY 2015-16 )
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- Download FREE Major ITR Forms for Financial Year 2014-15 - ITR1, ITR2, ITR2A, ITR4S - pdf files, Fillable files AND Instructions for Financial Year 2014-15 or Assessment Year 2015-16
- Computation of Income Under Head Salary
- How to Save Income Tax Through Cost Inflation Index
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