Free notes, textbooks, and exam-focused resources designed for Indian banking professionals.
The Reserve Bank of India (RBI) on Thursday released guidelines to make QR codes interoperable to Streamlining QR Code infrastructure. The central bank said payments companies, which use more than…
In our previous article ‘How to file a complaint in consumer court?’ We have explained the procedures for lodging a complaint in Consumer Courts either online or offline. We have…
On Friday (October 23, 2020), the finance ministry announced the details of the implementation of the waiver of ‘interest on interest’ on loans of up to Rs 2 crore for…
The Union government on Thursday revised the base year for computing Consumer Price Index (Industrial Workers) (CPI-IW) from the present 2001 to 2016 after a gap of 15 years. Presenting…
Traveling Allowance, baggage and other expenses On retirement, an officer will be eligible to claim Traveling Allowance, baggage and other expenses for himself and his family as on transfer from…
Employees/Officers joining Banks on or after 01.04.2010 will be covered under the New Pension Scheme. Hence, they are not eligible for pension schemes under Bank [Employees’] Pension Regulations 1995. The…
An employee or officer retires from the bank with the benefit of superannuation pension, or voluntary retirement pension, or premature retirement pension, or compulsory retirement pension, or invalid pension or…
Extract of the circular dated 18.10.2020 from four officers’ organizations ALL INDIA BANK OFFICERS’ CONFEDERATION (AIBOC) ALL INDIA BANK OFFICERS’ ASSOCIATION (AIBOA) INDIAN NATIONAL BANK OFFICERS’ CONGRESS (INBOC) NATIONAL ORGANIZATION…
The insurance regulator IRDAI has come out with a standard individual term life insurance product, to be known as “Saral Jeevan Bima”. The policy shall be mandatorily offered by all…
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