Careers & Jobs

Revised Performance Linked Incentive Calculator for Public Sector Banks

by Askbanking November 24, 2024November 24, 2024 11th Bipartite Settlement, Bank Account Queries, Banking HowTo, Banking News, Careers & Jobs, Demonetization, Financial Calculator, IMPS, Insurance, Internet Banking, Jeevan Pramaan, Loan FAQ, Loan Ratio, Mobile Banking, NPS, Professional Tax, Salary Structure, SBI, Share & StocksLeave a comment

Revised Performance Linked Incentive Calculator for Public Sector Banks – The Finance Ministry has unveiled a performance-linked incentive (PLI) scheme for the senior executives of public sector banks (PSBs) i.e. Chief Manager, AGM, DGM, General Managers and CGM than MD & CEO including Executive Directors. The PLI ceiling for Managing Director & Chief Executive Officers and […]

Banking Banking Terms Careers & Jobs

What is Commercial Paper ?

by December 19, 2015December 19, 2023 Banking, Banking Terms, Careers & JobsLeave a comment

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 […]

Banking Banking Terms Careers & Jobs

What is Money Market ?

by December 19, 2015December 19, 2023 Banking, Banking Terms, Careers & JobsLeave a comment

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 […]

Banking Banking Terms Careers & Jobs

What is Banking Ombudsman Scheme 2006 ?

by December 19, 2015December 19, 2023 Banking, Banking Terms, Careers & JobsLeave a comment

Banking Ombudsman Scheme 2006 – The guidelines which are needed to be followed as per Banking Ombudsman. Customer must know the basic of Banking Ombudsman steps. Follow the major guidelines of Banking Ombudsman 1) The Banking Ombudsman Scheme enables a bank customer for filing of complaints relating to certain services rendered by banks. 2) The Banking Ombudsman is a senior […]

Careers & Jobs

IBPS PO 2014 Exam Cutoff Discussion

by Askbanking October 12, 2014May 8, 2021 Careers & JobsLeave a comment

IBPS PO 2014 Exam Cutoff Discussion – IBPS 2014 conducted for recruitment of Probationary Officers and Management Trainee in various Nationalized banks in India through written exam under Online Mode. IBPS PO 2014 CWE exam are conducted on different date under online mode and the Common Written Exam was started from 11-10-2014 in different session […]