SBI to get Rs 8,500 cr this year as capital infusion

The State Bank of India  is expected to get Rs 8,000-8,500 crore during the current fiscal. This amount is likely to be given through various instruments such as preferential shares. Once its capital base is augmented, SBI can go for a follow-on public offer or a rights offer which can be done only after this fiscal. The effort is to see that not just SBI but all the banks have 9 per cent of Tier-I capital under Basel-III norms. These norms are…
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Bihar Kshetriya Gramin Bank – Office Assistant

BIHAR KSHETRIYA GRAMIN BANK (BKGBANK) invites applications for recruitment for the post of Office Assistant (Multipurpose). Candidate must be a domicile of BIHAR.  REGISTRATION  Starting date   01-11-2011  Last date          30-11-2011  Dates for downloading Written Test Call Letter  27-12-2011 to 13-01-2011 Test Date -  DETAILS OF VACANCIES Post Code:01 Number of vacancies: 112  ( SC - 18/ ST - 01/ OBC- 30/ GEN- 63)  PAY SCALE & EMOLUMENTS  The total starting emoluments are approx. Rs. 12880/- per month inclusive of DA…
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National Pension System (NPS Scheme)

Objective NPS or National Pension System, regulated by PFRDA, is a milestone in the development of a sustainable and efficient voluntary defined contribution pension system in India. The objectives include: To provide old age income Reasonable market based returns over the long term Extending old age security coverage to all citizens Features NPS offers following important features to help us save for retirement: A unique Permanent Retirement Account Number (PRAN) will be allotted. This PRAN can be used anywhere across…
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Corporation Bank Branches in India

List of Corporation Bank branches in all cities of India. You can find Corporation Bank branch address, branch code, phone numbers, contact person's name and other bank details of Corporation Bank. Use our Corporation bank branch locator tool to search the Corporation Bank branches in your city here Find Corporation Branches in your City Metros New Delhi Mumbai Kolkata Chennai Bangalore Hyderabad Pune Gurgaon Other Cities (Alphabetically) Adilabad Agra Ahmedabad Ahmednagar Aizawl Ajmer Akola Alappuzha Aligarh Allahabad Angul Alwar Ambala…
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RuPay – India’s answer to Visa and Mastercard

RuPay is the brand of domestic card scheme floated by National Payments Corporation of India (NPCI). RuPay is a portmanteau word formed by the combination of Rupee and Payment and it also sounds very similar to hindi pronunciation of Rupees. Currently, all the card payments are routed through Visa or Mastercard which are world leaders in this area and these transactions are processed outside the country. After launching RuPay, the same process will be replaced by processing within the country.…
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South Indian Bank Recruitment 2011 – 60 PO Vacancies

The South Indian Bank Ltd. invites applications from candidates having one year of work experience in Scheduled Commercial Banks in the Scale 1/officer cadre for filling up vacancies of POs (Scale I). Candidates are requested to apply ON-LINE through Bank’s website. No other means/modes of applications will be  accepted. System generated print-out of the applications submitted online should be duly signed and sent by ordinary post along with photo affixed thereon and other relevant documents to the address given below in…
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Best Books for IBPS CWE Exams

There are thousands of books floating around for preparation of bank po and clerk exams conducted by IBPS through Common Written Exam (CWE). We, at thought of forming a list of the most relevant books for people preparing seriously for these exams. As you know, the common written exam for bank po and clerk test an individual in the following areas - 1) Reasoning (Verbal and Non-Verbal) 2) Quantitative Aptitude / Numerical Ability 3) English Language 4) General Awareness (with…
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IBPS CWE Supplementary Exam for Bank PO

IBPS has decided to conduct a supplementary examination for candidates who were not allowed to appear in the exam during IBPS CWE Bank PO Exam held on 18th Sept, 2011. This supplementary test will be conducted on 13th Nov, 2011 Here is good chance for candidates to appear in the test who were disallowed to appear because they approached the venue authorities at various centres/ venues of examination without the requisite documents viz.: (i) Call letter with photograph affixed thereon…
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