BREAKING NEWS

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first*** DA FOR BANKER FROM FEBRUARY 2023 SEE DETAILS CHART FOR OFFICER AND WORKMAN***Outcome of Today’s meeting with IBA - 31.01.2023***All India Bank Strike 27.06.2022******PLEASE VISIT INDIAN TOURISM CULTURE & HERITAGE *****NITI Aayog finalised names of Two public sector banks and one general Insurance Co. for privatisation****No economic reason to privatise PSU banks---post date 24.05.2021******Mobile users may soon be able to switch from postpaid to prepaid and vice versa using OTP*****India May Privatise or Shut 46 PSUs in First 100 Days, Says NITI Aayog's Rajiv Kumar----We should start with the banks*****Expected DA for Bank Employee from August 2019 is 24 slab to 29 slab*****RTGS time window from 4:30 pm to 6:00 pm. with effect from June 01.06.2019******WITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI***** Salient features of Sukanya Samriddhi Account---Who can open and how?******OBC posts 39% rise in Q4 profit, OBC readt tWITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI o take another Bank--MD MUkesh Jain*******DA FOR BANKER FROM NOV 2018 IS INCREASE 66 SLAB I.E 6.60%****40,000 STANDARD DEDUCTION IN YOUR TAX - IS A GREAT DRAM/BLUFF BY JAITLY SEE DETAILS+++++++Cabinet approves plans to merge PSU banks-The final scheme will be notified by the central government in consultation with the Reserve Bank. post date 23.08.2017****IBA to restrict the negotiations on Charter of Demands of Officers' Associations up to Scale-III only post dated 07.07.2017*****

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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Tuesday, March 28, 2023

RBI Deputy Governor’s post: Chiefs of BoB, BoM, PNB, and two SBI MDs in race

 The chiefs of Bank of Baroda (BoB), Bank of Maharashtra (BoM), and Punjab National Bank (PNB) and Managing Directors of State Bank of India (SBI) are likely to throw their hats in the ring for appointment as Deputy Governor of the Reserve Bank of India.

The Government search panel will be spoilt for choice as Sanjiv Chadha (BoB MD & CEO), AS Rajeev (BoM MD & CEO), AK Goel (PNB MD & CEO), CS Setty and Swaminathan J (MDs at SBI), among others, are all seasoned bankers.

Incumbent RBI Deputy Governor (DG) M.K. Jain’s five-year term ends on June 21, 2023. Prior to his appointment as RBI DG, Jain helmed IDBI Bank and Indian Bank.

The RBI has four DGs. Of the four, two are career central bankers and one has commercial banking experience.

The fourth DG, who oversees the functioning of departments such as Monetary Policy, Economic and Policy Research, Statistics and Information Management, financial markets regulation and operations, could either be a career central bank economist or a senior Finance Ministry bureaucrat, or a top-notch economist from the private sector. 

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Home Loan Outstanding Hits Record High of Rs 27.23 Lakh Crore

According to data from the Reserve Bank of India (RBI) on ‘Sectoral Deployment of Bank Credit’,  outstanding credit in the housing sector in...

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