Salary arrears calculator for Bank officers and employees for the period 1.11.2017 to 30.11.2020

This easy to use salary arrears calculator automatically computes your revised salary effective from 1-11-2017 and calculates your gross arrears. It will be useful for the all three cadres of staff namely Officers (Scale I to VII), Clerks and Sub-Staff to assess the arrears receivable by them. Employees who have started/retired/resigned from the Bank between…

Bank Holidays 2021 in the Kerala State under NI Act

The Government of Kerala State declared following days as public HOLIDAYS for the year 2021 under Section 25 of NI Act (Negotiable Instrument Act) 1881. Sr.No Date Day Occasion/Festival Date 1 26.01.2021 Tuesday REPUBLIC DAY 2 11.03.2021 Thursday MAHASHIVARATRI 3 01.04.2021 Thursday BANKS’ ANNUAL CLOSING OF ACCOUNTS 4 02.04.2021 Friday GOOD FRIDAY 5 14.04.2021 Wednesday…

Raise promoters’ stake in private banks: RBI’s internal working group

An Internal Working Group (IWG) of Reserve Bank of India suggested giving banking licences to large corporate or industrial houses after necessary amendments to the Banking Regulation Act, 1949. The committee was formed by the banking regulator in June to review extant ownership guidelines and corporate structure for Indian private sector banks. “The terms of…