Banking News

7th Pay Commission To Be Recommended Today,Calculate Your Salary

Union cabinets all set to accept the recommendation of seventh pay commission dated 29th June. Finance Secretary Ashok Lavasa  has stated that “Committee of Secretaries (CoS) has finalised its report on Pay Commission recommendations. We will soon (file) draft Cabinet note based on the report,”. A Committee of Secretaries headed by Cabinet Secretary P.K. Sinha […]

Bank Account Queries

Eligibility FAQ Stand-Up India Loan Schemes ?

What are the eligibility criteria for Stand-Up India loan schemes ? Know the FAQ on eligibility FAQ about Stand-up India Loan schemes to Women, SC/ST entrepreneurs. [highlight]Click To Read : [/highlight][highlight][/highlight] What is Stand-Up India Loan Schemes ? What is the Objective of Stand-Up India Loan Schemes ? 1. What is the objective of “Stand-Up India” […]

Bank Account Queries

What is the Objective of Stand-Up India Loan Schemes ?

The objective of the Stand-Up India Loan scheme is to facilitate bank loans between 10 lakh and 1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a greenfield enterprise. [highlight]Click To Read : [/highlight] What is Stand-Up India Loan Scheme […]

Banking News

Lowest Profit in 5 Years By SBI, Slumps 66%

India largest lender and dreamed to be the 55th largest bank in the world by assets after the [highlight]merging of proposed associates bank[/highlight], State bank of India (SBI) has shown the slumps in 66% profit to Rs 1,263.81 crore in Q4 FY 2015-16. It is the sharpest drop in profit after 2011 when it was dropped […]