Bank sub-staff DA chart for May-July 2019
In terms of Consumer Price Index Numbers announced by Labour Bureau of India, the average index numbers for January 2019 to March 2019 works out to 7022.76. It means bank staff will get 34 slabs increase in DA for the ensuing quarter May 2019 to July 2019. In the other words Bank Staff will get…
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Bank employees’ DA on Special Allowance for May-July 2019
In terms of Consumer Price Index Numbers announced by Labour Bureau of India, the average index numbers for January 2019 to March 2019 works out to 7022.76. It means bank staff will get 34 slabs increase in DA for the ensuing quarter May 2019 to July 2019. In the other words Bank Staff will get…
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What is CRAR: Capital to Risk Weighted Assets Ratio?
Capital to Risk (Weighted) Assets Ratio (CRAR) is also known as Capital adequacy Ratio, the ratio of a bank’s capital to its risk. The banking regulator tracks a bank’s CAR to ensure that the bank can absorb a reasonable amount of loss and complies with statutory Capital requirements. Higher CRAR indicates a bank is better…
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Liquidity Management by RBI with a new tool
(This post explains about RBI’s new tool to enhance liquidity in the system) Liquidity management is an important aspect of monetary policy implementation. According to the IMF, funding liquidity is the ability lending agency agrees payment with immediacy. The attendant impact on liquidity conditions may necessitate durable liquidity absorption/injection operations by the Central Bank (Reserve…
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Understanding method of Stock audit?
In our previous posts we talked about In our previous posts we talked about various types of audits conducted in banks such as (1) Statutory Audit (2) Long Form Audit Report 3) What is a forensic audit? (4) What is a Legal Audit? (5) Concurrent Audit System in bank. (6) Emergence of Risk-Based Internal Audits in Banks and (7) Tax audit, For details, you may read those…
RBI – Central Banking Glossary: Capital Funds
Economic capital: There are three types of capital viz. Regulatory capital, Book capital and Economic capital. Regulatory capital is the amount of capital a bank is required to hold as per the stipulations prescribed by the banking regulator of the country. Book Capital is the actual capital that the bank has, which includes equity capital,…
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