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After UCO bank, it’s Syndicate Bank who has informed that the order of their regional level offices for “No Work, No Pay” have been withdrawn. Sri M Rego, managing director and chief executive officer of the bank has informed in a statement that “The said notice was issued at the regional level without the powers […]
For any reason but government has finally accepted that the officials of all public sector banks who are board level executives or managerial level executives will be treated as equivalent to Group “A” central government post. This move was cleared and approved by cabinet committee chaired by prime minister Sri Narendra Modi. Cabinet has also […]
Shining India – Rs 200 Note first time in India. The Reserve Bank of India (RBI) has come up with the first-ever Rs 200 denomination banknotes. Rs 200 new note will be having the Motif of Sanchi Stupa on the reverse. The base color of the note is Bright Yellow. The note has other designs, […]
Government of India demoted two CEO’s of various public sector banks in India. The chief executive of Punjab National Bank (PNB) and Bank of India (BOI) are transferred. There were five another appointment made to different banks including IOB, BOI, PNB, Syndicate Bank, Allahabad Bank, Union Bank of India, Vijaya Bank. Usha Ananthasubramaniam of Punjab National […]
A lot of say about new Banking Regulation act amendment policy by the Central government, which empower RBI to tackle large Non Performing Accounts or NPA account customer more effectively. This new amendments is being brought by central government after much pressure from the banking industry to lower down the Non performing assets from public […]
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 […]
Now after BHIM UPI , it’s time for all banks in India to enable all their bank accounts for Internet banking for online payment along with BHIM UPI apps transaction. The Union ministry of electronics and information technology has conveyed this message to all the Public sector, private sector and other banks along with RBI, […]
Government of India and Reserve Bank of India (RBI) has banned the existing Rs 500 and Rs 1000 notes from the circulation and transaction with immediate effect. Starting 09th Nov transaction in these two currencies are not valid as the legal tender of these two denomination of notes are stands invalid. Starting November 09th currency […]
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