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Revised Performance Linked Incentive Calculator for Public Sector Banks

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 […]

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COVID19 Loans – How To Restructure SBI Retail Loans Online ?

Know the step by step process to Restructure SBI Retail Loans Online of COVID -19 moratorium period – India’s largest lender has launched an online portal for smooth and hassle-free implementation of restructuring of retail loans. The process is simple and online and customer needs to provide the account number and few details to know […]

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How Will Rs 3 Lakh Crore Emergency Credit Line (GECL) Work ?

The Rs 3-lakh-crore Guaranteed Emergency Credit Line (GECL) was announced as the relief package for the MSMEs (Micro, Small and Medium Enterprises) as well as other business entities. GECL is said to be cheaper and easy working capital. For the scheme, the government has provided a corpus of Rs 41,600 crore, which will be spread […]