Worries about the safety of bank deposits may further erode the economy of trust

Worries about the safety of bank deposits may further erode the economy of trust

ndian villagers queue outside a bank as they wait to deposit and exchange 500 and 1000 rupee notes in Hanuman Ganj village on the outskirts of Allahabad | Sanjay Kanojia/AFP The Big Story: Fear and savings “This tsunami will wipe out your money lying in the banks,” warned a message that went viral on WhatsApp recently, spreading panic among depositors. It was referring to the new Financial Resolution and Deposit Insurance Bill, 2017, lying with a joint parliamentary committee at present and expected to be tabled during the winter session. Among…

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Bank of Baroda Recruitment 2017: 337 Posts on Contract Basis, Apply Before December 12

Bank of Baroda Recruitment 2017: 337 Posts on Contract Basis, Apply Before December 12

Screenshot taken from the official website of Bank of Baroda. Bank of Baroda Recruitment of Human Resource on Contract Basis for Wealth Management Services is currently open for eligible candidates on its official website – bankofbaroda.com. Bank of Baroda aims to fill 337 different posts in its various branches across the country. Interested and eligible candidates must apply for the same online on or before 12th December 2017. Also, one candidate can apply for one post only therefore applicants must apply for the one for which they are experienced and eligible….

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Bank credit growth to priority sector slows drastically

Bank credit growth to priority sector slows drastically

Most of priority sector loans are supposed to serve a social purpose and they are meant to ensure that credit flows to those sections of society whom the banks may otherwise neglect. Photo: AFP It’s not just lending to the beleaguered corporate sector that has slowed—bank credit growth to the priority sector too has fallen considerably in recent months. The priority sector includes lending to agriculture, lending to micro and small enterprises in the manufacturing and services sectors, education and low-cost housing loans, loans to the weaker sections of the…

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Karur Vysya Bank releases PO recruitment 2017 notification

Karur Vysya Bank releases PO recruitment 2017 notification

The Karur Vysya Bank (KVB) Limited has invited online applications for the post of probationary officers (POs), Scale I cadre, across the various branches. Interested and qualified candidates can apply for the position on the official website of the bank on http://www.kvb.co.in. A leading private sector bank, KVS has not specified the number of posts. The online registration will start from June 10 and will end on June 19, 2017. Dates to remember Opening date of online registration June 10, 2017 Last date of online registration June 19, 2017 Payment…

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Bank of India Specialist Officer Recruitment 2017, Exam Schedule Announced

Bank of India Specialist Officer Recruitment 2017, Exam Schedule Announced

NEW DELHI:  Bank of India has released the examination schedule for recruitment of Officers in General Banking Stream and Specialist Officers. The recruitment division, HR department has released the online examination schedule for recruitment to JMGS I and MMGS II scales. The examination is scheduled to be held on 10 June 2017. Candidates will be able to download the admit card for the exam from 30 May 2017. Links will be activated for the admit card along with the information handout and scribe declaration form on the same day. The…

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Syndicate Bank Specialist Officer Recruitment 2017, Selection Procedure

Syndicate Bank Specialist Officer Recruitment 2017, Selection Procedure

NEW DELHI:  Syndicate Bank had released notification for recruitment to the post of Specialist Officer in different verticals or scales. A total of 99 vacancies are open for recruitment. Read more about the vacancy details here. Candidates who have not applied yet should apply at the earliest as online registration will close today. Candidates must be aware of the selection process. The Bank will follow strict procedure for selecting candidates against the available vacancies. Syndicate Bank Recruitment- Selection Procedure for Specialist Officer Post For all posts, candidates will have to go…

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Bank loan growth set to take a hit

Bank loan growth set to take a hit

Banks may report negligible loan book growth and decline in margins in the October-December quarter as companies and retail borrowers have stayed away from taking fresh debt due to demonetization. However, treasury gains are expected to boost the non-interest income of banks. Religare Securities said in a report, “The loan growth is slowing and large banks will bear the brunt. In the aftermath of demonetization, we expect a significant decline in loan growth across banks. In our view, larger banks will be the hardest hit. In contrast, we expect small/mid-sized…

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For scholarship, students may now have to link Aadhaar to bank accounts

For scholarship, students may now have to link Aadhaar to bank accounts

Maharashtra Chief Minister Devendra Fadnavis has asked for Aadhar linkage of all accounts for availing different scholarships and other benefits by students. He also directed officials to prepare a plan to bring the University of Mumbai, Savitribai Phule Pune University and Nagpur University among the top in global rankings. “The CM has set the target and asked to prepare a plan to bring Mumbai, Pune and Nagpur universities among top in global ranking. Aadhar linkage of all the accounts for availing different scholarships and other benefits by students is also…

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Reserve Bank of India (RBI) to recruit for 600 Assistant Posts; Online registrations begin

Reserve Bank of India (RBI) to recruit for 600 Assistant Posts; Online registrations begin

Who wouldn’t wish to be part of a central organisation that is responsible for framing policies, issuing currencies & managing the economic activity of the country. Reserve Bank of India (RBI), the nation’s central bank has issued a new notification for the recruitment of 610 Assistant posts. Unlike other public sector banks, working in Reserve bank of India is different & carries its own benefits.That is one of the primary reason for aspirants to look forward for recruitment news from RBI. Here are the important details about the hiring at…

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India Post Payment Bank Recruitment: Today is Last Day to Apply | Application Links are Here

India Post Payment Bank Recruitment: Today is Last Day to Apply | Application Links are Here

India Post Payments Bank (IPPB),a wholly owned undertaking of the Department of Posts, Govt. of India had announced its 1st recruitment drive for the year 2016.IPPB has invited online applications from qualified candidates who will be appointed in JMG Scale I. Candidates will be selected through a multi stage selection process. 25th October, 2016 is the last date to apply for these 650 vacancies & hence applicants can expect an increase in time to load the application websites. Name of the Post: Officer (Scale I) 650 Vacancies [General 327 |…

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