Difference of title deed and mother deed explained
Title deed: A title deed can be a sale deed, partition deed, gift deed, deed of assignment, deed of relinquishment, etc. Title deeds are used to transfer a person’s ownership rights over land to another person. The documents like agreement for sale, registration receipt, tax receipt, order of allotment, nil encumbrance certificate, insurance policy, or…
Read articleRBI Guidelines on Valuation and Revaluation of Properties
Every Bank has a Board approved policy in place for valuation of properties including collaterals accepted for their exposures. The valuation of properties should be done by professionally qualified independent Valuers i.e., the Valuer should not have a direct or indirect interest on assessed property or in the account. In the case of Valuation Reports…
Read articleDearness Relief for Bank Pensioners for the half year August 2023 to January 2024
Consumer Price Index for April, May, and June 2023 are respectively- 134.20, 134.70, and 136.40. For Bank pensioners, it works out to 632- slabs of DA for the quarter of August to October 2023. Hence there will be an increase of 44 slabs in DR for the pensioners for the half period August 2023 to…
Read articleDearness Allowance (DA) chart for Bank Staff for the Q August-October 2023
Consumer Price Index for April, May, and June 2023 are respectively- 134.20, 134.70, and 136.40. For Bank employees and officers, it works out to 632 slabs of DA for the quarter of August to October 2023. Hence there will be an increase of 36 slabs in DA for the above period at 44.24% ( For…
Read articleDearness Allowance (DA) chart for Bank Officers for the Q August-October 2023
Consumer Price Index for April, May, and June 2023 are respectively- 134.20, 134.70, and 136.40. For Bank employees and officers, it works out to 632 slabs of DA for the quarter of August to October 2023. Hence there will be an increase of 36 slabs in DA for the above period at 44.24% Dearness Allowance…
Dearness Allowance (DA) chart for Bank clerks for the Q August-October 2023
Consumer Price Index for April, May, and June 2023 are respectively- 134.20, 134.70, and 136.40. For Bank employees and officers, it works out to 632 slabs of DA for the quarter of August to October 2023. Hence there will be an increase of 36-slabs in DA for the above period at 44.24%. DA CHART for…
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