RBI

RBI (Reserve Bank of India) 24th RBI Governor- Urjit Patel Recommendation of Royal Commission or Young and Hilton (1926) Established year- 1st April 1935 RBI nationalized- 1st January 1949 Paid of capital- 5 crore 1st headquarter- Kolkata Further shifted- Mumbai 1937 There are 21 members 1   Governor 2   Finance Minister 4   Deputy Governor 4   Represent […]

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RBI to release Rs 100 coins

   Ministry of Finance has released a notification regarding the introduction of Rs. 100 coins. These new Rs. 100 coins will be introduced to commemorate the birth centenary of two famous personalities Dr MG Ramachandran (Indian actor, filmmaker and politician who served as Chief Minister of Tamil Nadu for ten years) and Dr MS Subbulakshmi (Indian Carnatic singer, first musician ever […]

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FERA & FEMA

FERA : The Foreign Exchange Regulation Act (FERA) was legislation passed in 1973 that imposed strict regulations on certain kinds of payments, the dealings in foreign exchange and securities and the transactions which had an indirect impact on the foreign exchange and the import and export of currency. FERA was introduced at a time when foreign exchange […]

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SBI Online – 17140 Clerk Posts Recruitmnt

SBI Online – 17140 Clerk Posts: State Bank of India (SBI) has given a notification for the recruitment of 17140 Junior Associate, Junior Agricultural Associate vacancies for Clerical Cadre In State Bank of India. Eligible candidates can apply online from 05-04-2016 to 25-04-2016. Other details like age limit, qualification, selection process, application fee & how […]

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Cheque Truncation System (CTS)

Cheque Truncation System (CTS) was pioneered by the Reserve Bank of India – RBI, for faster clearing of cheques. It involves sending an electronic image of the cheque together with its Magnetic Ink Character Recognition (MICR) data, and other relevant fields like date of presentation, presenting bank’s name, etc. This procedure would eliminate the need […]

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Karnataka Bank Recruitment

Karnataka Bank Ltd., a leading technologically advanced Private sector Bank with a pan-India footprint, offers exciting opportunities for dynamic individuals to join its highly competent workforce as Officers (Scale-I) to be positioned at its Branches/Offices located across India. Qualification : Candidates should be Post Graduates in any discipline (Excluding PG Diplomas) or Graduates in Agricultural […]

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Syndicate Bank Probationary Officer Recruitment 2016 – Apply Online for 600 PO Posts

ADMISSION TO POSTGRADUATE DIPLOMA IN BANKING & FINANCE COURSE OFFERED THROUGH MANIPAL UNIVERSITY & NITTE UNIVERSITY – 2016-2017 Syndicate Bank Recruitment 2016 – Apply Online for 600 PO Posts: Syndicate Bank has released notification for the recruitment of 600 Probationary Officer vacancies in Junior Management Grade/ Scale-I for Admission to the 1 year full time […]

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