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Finally after lot of repeated reminder by government, Bank’s officers union has submitted the summary of demand and no charted of demand to Indian Banker’s association (IBA). Bank officer’s union are not having that much time to finalize the Charter of Demand of their members. They have requested IBA to grant them time for preparing […]
Card transaction giant Visa and Master Card Rs 6000 crore business in India are under danger due to government digitization initiative. Indian government push to digital payment system has given a big blow to these multinational business as it is presumed that wide use of Aadhaar Pay and Bio metric enabled services will end the […]
Post Merger the major benefit to State Bank of India (SBI). They beats long time largest public sector unit Oil and Natural gas (ONGC) to become the India’s fifth valued state-owned firm in terms of market valuation & Capitalization (m cap). Previous day end the market capitalization of India’s largest Bank stood at Rs. 2.35,thousand crore where as […]
Bank account number list – List of All Banks in India with total number of Digit in their Account number. Many of time while updating the account number or remembering the bank’s account number we confuse with the total number of digits in Bank account number. Different Bank’s in India are using different Banking Core […]
New Era Digital Banking – WhatsApp is planning to launch UPI based payment system. Existing Unified Payment Interface (UPI) of NPCI will be acted as the interface for Whatsapp banking. This will start the boom of social Media Banking. Read : What is Unified Payment Interface ? WhatsApp’s founder Brian Acton recently stated that WhatsApp payment […]
Recently Government agrees to infuse Rs8,586 crore capital infusion in 10 weak public sector banks (PSBs) in the current fiscal year but terms strict norms and condition, including raising capital from other sources and curtailing major employee benefits. Government wants a tripartite memorandum of understanding (MoU) in this regard between Bank Management, Government concerned and […]
Finally Government has made Aadhaar number compulsory in filling Income Tax Returns (IT returns) as well as getting new PAN (Permanent Account Number) from 1st July this year. The new proposal has been made through an amendment to the Finance Bill. Finance ministry is presenting amendment in finance bills this session itself for modification. Based […]
Is not it unbelievable ? Government Bank is asking their employees to work from home especially India largest Bank State Bank of India. India’s largest lender State Bank of India today launched a new facility to enable its employees to work from home although in few specialized areas. Bank believe that introduction of Work From Home […]
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