Tag - Banking-

[Current] Sep-2016: Economy, Banking, Finance: MPC Members, SBI Merger & Share Swapping, Stock Gaming, PFMS, Talgo Rails & Hyperloop Train

Prologue Pillar#1: Banking-Finance Monetary policy committee (MPC) Monetary policy: Oct-2016 update RBI other developments NPA Related Banking: SBI Merger & share-swapping Finance: SEBI and NBFC related Finance: Insurance-Pension related Scams: Banks Scams: Share market Pillar#2: Budget, Public Finance PFMS Committee pe Committee Labour [...]

Expert Notes on Important Banking Awareness Topics for Banking Exams

Expert Notes on Important Banking Awareness topics for Banking Exam

Many of you are preparing hard for IBPS PO V Interview process, which is scheduled to be held from January 2016. The competition is very high and only right preparation strategy can help you in cracking the IBPS PO interview. Some of you who did [...]

Banking Drive

Banking Drive: All You Need to Know About BASEL III Norms

Dear Aspirants, In order to boost your score in General Awareness section and also to help you with interview preparation for the upcoming Exams we are here with a new initiative Banking Drive. Here we are posting an article on BASEL-III norms. I hope this [...]

Soul of Banking Awareness

Soul of Banking Awareness- II

Dear Aspirants In continuation of our series Soul of Banking Awareness we are providing you an important article on MSMED Act 2016 (Micro, Small & Medium Enterprise Development). Hope this will surely help you in your preparation. THE MSMED ACT 2006 Introduction MSMED is the acronym for ‘MICRO, SMALL AND [...]

How-to-solve-Fill-in-the-Blanks-questions

How to solve Fill in the Blanks questions in Banking Exam

English is considered a Difficult section in of the Banking Exam. Also it has been found that even after a good quality of preparation, In this post, we particularly are emphasizing on the Fill in the blanks  topic, which constitutes five questions in any Banking exam. How to Solve ‘Fill in the [...]

Andy Murray splits with Amelie Mauresmo

[PIN-May-2016] Banking Affairs, Sports, BizGK; On-Tap License, CDD, ATM Cloning, Speedpay & more

Prologue Banking/Finance Sector RBI related developments: May’16 Public sector Banks: May 2016 Private Commercial Banks Banking Frauds /cyber security NPA and Loan Defaults Digital Wallet / Payment Bank Finance sector Sports- Cricket Tennis & Badminton Olympics / Athletics related Football Sports- others BizGK Prologue [...]

Banking regulation Act

[Economy] Banking Amendment Bill: Issues, Features, Problems, Reforms meaning explained

What is Banking Regulation Act? RBI Power #1: Can remove entire Board of a Bank RBI Power #2: Connected Lending Prevention RBI Power #3: Unclaimed Accounts Public Banks Issue#1: Need consolidation Public Banks Issue#2: Need more investment Banks issue #3: More voting rights [...]

SARFAESI structure

[Banking] SARFAESI Act, Asset Reconstruction Company (ARC), Security Receipts (SR), QIB, DRT, Central Registry

What is NPA? Debt Recovery tribunals (DRT) under SARFAESI Act? What is the Sarfaesi Act? Appeal structure Bank: Power to Auction What is ARC? What are Security Receipts (SR)? What is Qualified Institutional Buyer (QIB)? Foreign investment in ARC? ARC New Power: convert [...]

[Economy] Banking Business Correspondents Agents (BCA): Meaning, functions, Financial Inclusion, Swabhimaan, Common Service Centres (CSC)

What is financial inclusion? Why Business Correspondents system? Who/What is Business correspondent? Who can become Business correspondent for Banks? Functions of Banking Business Correspondents? Swabhimaan Reforms in BC model Common BC NREGA payment Kiosk Banking BCA for Direct Cash Transfer? Mock questions What is [...]

[Economy] Banking Ombudsman: Meaning, functions, appointment, reforms explained

What is Banking Ombudsman (BO)? Appointment & Tenure Jurisdiction Procedure for getting justice? How does BO settle complaint? Punishment Appellate authority for Banking Ombudsman Reforms and Issues #1: Netbanking frauds #2: Need more BOs Location of Offices Mock questions From UPSC point of view, [...]