Sick leave and maternity leave rules are partially modified in Banks under BPS dated 12th BPS and 9th Joint Note dated March 8, 2024. Sick leave: In terms of earlier settlements, an employee is entitled to 30 days of sick leave on half substantive pay, for every year of service subject to a maximum of…
RBI on Thursday (July 8, 2021) advised the updated instructions to implement a ‘Mandatory Leave’ policy for the employees posted in sensitive positions or areas of operation. The regulator also advised banks that RBI circular DBR.No.BP.BC.88/21.04.048/2014-15 dated April 23, 2015, has been repealed instead of updated instructions. “As a prudent operational risk management measure, the…
Bank employees and officers are eligible to apply for the sabbatical leave (govt) scheme for women. Permanent female employees/officers with a minimum of 5 years of completed service are eligible for sabbatical leave. Only in exceptional circumstances, permanent female employees / female officers with less than a minimum of 5 years of service can apply.…
Download the File!Arrears Calculator For Sub-Staff / Customer Service Assistants1. Download the Excel file by clicking the blue button. 2. Open the file from your Downloads folder. It should look similar to the screen in the video. The layout may vary slightly depending on your spreadsheet software and screen size, but the basic functionality will…
Download the File!Arrears Calculator for Clerical / Customer Service Associates1. Download the Excel file by clicking the blue button. 2. Open the file from your Downloads folder. It should look similar to the screen in the video. The layout may vary slightly depending on your spreadsheet software and screen size, but the basic functionality will…
Download the File!Arrears Calculator for Officers1. Download the Excel file by clicking the blue button. 2. Open the file from your Downloads folder. It should look similar to the screen in the video. The layout may vary slightly depending on your spreadsheet software and screen size, but the basic functionality will be the same. 3.…
Our quick and easy tool breaks down your arrears month-by-month for both existing and revised salary including DA, HRA, and more. Get clear, accurate results in minutes, saving you time and frustration. Start here! You can download the file and read the instructions, access reference charts by clicking on the links below. Arrears Calculator for…
RBI today issued a new direction to the card-issuing Authorised Payment System Providers / Participants (Banks and Non-banks) that they shall provide an option to their eligible customers to choose from multiple card networks at the time of issue. “For existing cardholders, this option may be provided at the time of the next renewal,” the…
The term “structural change” refers to the major changes in the relative importance of the main sectors of an economy (agriculture, industry, services, and so on) in the course of economic growth. Structural change has often been defined as a process by which the transfer of economic benefits is evidenced in terms of major changes…
Low per capita real income, high rate of population growth, the cycle of poverty, an agro-based economy, income disparities, slow capital formation, poor infrastructural development, an imperfect market, Lack of skilled manpower, outdated technology, corruption, and a backward society are the basic characteristics of the Indian economy. Per Capita income: India is universally known as…