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Bank DA Feb 2016 For Employees – This is expected on projected date of CPI of previous two month that the Dearness Allowance for the bank employees would be 42.60% with increase of 3.40% on previous drawn dearness allowance for the month of Feb 2016 to April 2016. Average CPI for Quarter October, Nov, Dec […]
List of Investment Under Section 80C Of Income Tax – The various list of investment which are kept under tax soap are listed below. Any individual may invest under these categories to get rebate under secion 80C of Income Tax subject to maximum Rs 1.5 Lakh only. The various investment avenues under this section are; […]
No Quota in Promotion in PSU Banks – Honorable Supreme Court of India has given the verdict on their own decision exactly a year after holding that officers belonging to the Scheduled Castes and Scheduled Tribes (SC/ST) can claim reservation in promotion from level 1 to level VI grade, the Supreme Court on Friday admitted that […]
Compare Best Fixed Deposit Rate By Banks in India – Fixed deposit is the most easiest and common investment option. Each banks give different interest rate on fixed deposit as per the tenor in India. Compare the best fixed deposit rate given by different banks in India including Nationalized Banks, private and foreign banks. Interest […]
List of Bank Holidays 2016 in India – Check out the list of Bank Holidays 2016 in India declared by the individual states as per the NI act. The official notification along with the holidays are listed state wise and accepted to Indian Bankers association (IBA). For checking the holidays for bank in 2016, just click […]
Commercial Papers : A Commercial Paper is a short term security (7 days to 365 days) issued by a corporate entity (other than a bank), at a discount to the face value. b) Commercial Paper (CP) is an unsecured money market instrument issued in the form of a promissory note. c) Commercial Paper normally give a higher return than […]
Money Market refers to the market for short-term requirement and deployment of funds. Money market instruments are those instruments, which have a maturity period of less than one year. The most active part of the money market is the market for overnight call and term money between banks and institutions and repo transactions. It is regulated by RBI. Money Market […]
Different Type of Money Supply in India : There are different type of money in circulation to economy of India. Each and different type of money have their separate value. Find out the different type of money from Mo to M4 or broad money etc circulation in Indian Economy and banking sector. This is very […]
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