Thursday, January 18News That Matters

Tag: Banking

Canara Bank PO Recruitment 2018 – Probationary Officer 450 Post

Canara Bank PO Recruitment 2018 – Probationary Officer 450 Post

Education Wise Jobs, Graduation, Job by Post, Jobs, Probationary Officer, State Wise Jobs, Uncategorized, What's Hot
Canara Bank PO Recruitment 2018 – Probationary Officer 450 Post Canara Bank Recruitment 2018: – Canara Bank has issued a notification for the recruitment of Probationary Officer Vacancy at 450 posts. Interested candidates may apply by 31st January 2018. कैनरा बैंक ने 450 पदों Probationary Officer की भर्ती के लिए एक अधिसूचना जारी की है। इच्छुक उम्मीदवार 31 जनवरी 2018 तक आवेदन कर सकते हैं। आवेदन करने से पहले पूर्ण अधिसूचना पढ़ें ।। Canara Bank Recruitment Notification 2018   Educational Qualifications  1. Candidates should have passed Any Degree. 2. Other education qualification details please go to official notification.   Age Limit  1. Candidates age limit should be Minimum 20 year & Maximum 30 years. 2. Age Relaxation: – SC/ ST /OBC/PWD/ PH
Bank of Baroda Recruitment 2017 – Apply Online Specialist Officer Post

Bank of Baroda Recruitment 2017 – Apply Online Specialist Officer Post

Diploma, Education Wise Jobs, Graduation, Job by Post, Jobs, Probationary Officer, State Wise Jobs, Uncategorized, What's Hot
Bank of Baroda Recruitment 2017 – Apply Online Specialist Officer Post   Bank of Baroda Recruitment 2017: – BOB has issued a notification for the recruitment of Specialist Officer Vacancy at 427 posts. Interested candidates may apply by 5th December 2017. बैंक ऑफ बड़ौदा ने 427 पदों Specialist Officer की भर्ती के लिए एक अधिसूचना जारी की है। इच्छुक उम्मीदवार 5 दिसंबर 2017 तक आवेदन कर सकते हैं। आवेदन करने से पहले पूर्ण अधिसूचना पढ़ें ।। Bank of Baroda Recruitment Notification 2017 Educational Qualifications  1. Candidates should have Diploma and Any Degree. 2. More educational qualification details please go to the official notification. Age Limit  1. Candidates age limit Minimum 21 years and Maximum 45 years. 2. Age Relaxation: – SC/ST/PH Candidates Relax
GST (Goods and Services Tax)

GST (Goods and Services Tax)

Banking, Current Affairs, Study Kit, Uncategorized, What's Hot
GST (Goods and Services Tax) What is GST? It is an indirect tax for the whole country on the lines of “One Nation one Tax” to make India a unified market. It is a single tax on supply of Goods and Services in its entire product cycle or life cycle i.e. from manufacturer to the consumer. It is calculated only in the “Value addition” at any stage of a goods or services. The final consumer will pay only his part of the tax and not the entire supply chain which was the case earlier. It has been established by the 101st constitutional amendment act and there is a provision of GST Council to decide upon any matter related to GST whose chairman in the finance minister of India. What taxes at centre and state level are incorporated into the GST? At the State Level: S
IBPS Recruitment 2017 (Specialist Officers 1315 Post) Apply Online

IBPS Recruitment 2017 (Specialist Officers 1315 Post) Apply Online

Admit Card, Education Wise Jobs, Graduation, Job by Post, Jobs, Post Graduation, Probationary Officer, Results, State Wise Jobs, Uncategorized, What's Hot
Institute of Banking Personnel Selection Recruitment 2017: IBPS – Institute of Banking Personnel Selection has issued a notification for the recruitment of (Specialist Officers ) I.T. Officer, Agricultural Field Officer, Rajbhasha Adhikari, Law Officer, HR/Personnel Officer, Marketing Officer Vacancy at 1315 posts. बैंकिंग कार्मिक चयन संस्थान (IBPS) ने 1315 पदों पर Specialist Officers की भर्ती के लिए अधिसूचना जारी की है। इच्छुक उम्मीदवार 27 नवम्बर 2017 तक आवेदन कर सकते हैं। आवेदन करने से पहले पूर्ण अधिसूचना पढ़ें ।। IBPS Specialist Officers Recruitment Notification  Educational Qualifications   1. Candidates should have passed Any Degree. 2. Post wise details please go to the official notification. Age Limit  1. For Candidates age limit should be Minimum
Benami Property

Benami Property

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Benami Property   What is Benami? Benami essentially means property without a name. In this kind of transaction the person who pays for the property does not buys it under his/her own name. The person on whose name the property has been purchased is called the benamdar and the property so purchased is called the benami property. The person who finances the deal is the real owner. ' The property is held for the benefit - direct or indirect - of the person paying the amount. What constitutes Benami property? Property that does not stick to the following criteria: a) Property held in the name of spouse or child for which the amount is paid out of known sources of income b) A joint property with brother, sister or other relatives for which the amount is paid out of known sources
Special Economic Zone (SEZs)

Special Economic Zone (SEZs)

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Special Economic Zone (SEZs) This policy intended to make SEZs an engine for economic growth supported by quality infrastructure complemented by an attractive fiscal package, both at the Centre and the State level, with the minimum possible regulations. India was one of the first in Asia to recognize the effectiveness of the Export Processing Zone (EPZ) model in promoting exports, with Asia's first EPZ set up in Kandla in 1965. With a view to overcome the shortcomings experienced on account of the multiplicity of controls and clearances; absence of world-class infrastructure, and an unstable fiscal regime and with a view to attract larger foreign investments in India, the Special Economic Zones (SEZs) Policy was announced in April 2000.   Facilities and Incentives offered
Reserve Bank of India (RBI)

Reserve Bank of India (RBI)

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Reserve Bank of India (RBI)   I. RBI established on April 1, 1935 under RBI Act 1934 (recommendations of John Hilton Young Commission 1926 – called Royal Commission on Indian Currency and Finance), is the central bank of the country and was nationalised w.e.f Jan 01,1949. II. Originally it was a shareholders’ bank which was taken over by the Central Govt. under Reserve Bank (Transfer of Public Ownership) Act 1948 (paid up capital Rs. 5 cr). III. RBI’s central office is in Mumbai. IV.  Urjit R. Patel is the current and 24th Governor of Reserve Bank of India. V.  Presently, 3 Deputy Governors of RBI. These are-          a) R. Gandhi          b) SS Mundra          c) N.S Vishwanathan   Functions of RBI:   Issuance of currency: RBI is the authority in India to issue curr
Regional Rural Banks (RRBs)

Regional Rural Banks (RRBs)

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(Regional Rural Banks)  Regional Rural Banks (RRBs) were established in 1975 under the provisions of the Ordinance promulgated on the 26th September 1975 and followed by Regional Rural Banks Act, 1976 with a view to develop the rural economy and to create a supplementary channel to the 'Cooperative Credit Structure' with a view to enlarge institutional credit for the rural and agriculture sector. The Government of India, the concerned State Government and the bank, which had sponsored the RRB contributed to the share capital of RRBs in the proportion of 50%, 15% and 35%, respectively. The area of operation of the RRBs is limited to notified few districts in a State. The RRBs mobilise deposits primarily from rural/semi-urban areas and provide loans and advances mostly to small and m
World Bank Group

World Bank Group

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World Bank Group  Since inception in 1944, the World Bank has expanded from a single institution to a closely associated group of five development institutions. Our mission evolved from the International Bank for Reconstruction and Development (IBRD) as facilitator of post-war reconstruction and development to the present-day mandate of worldwide poverty alleviation in close coordination with our affiliate, the International Development Association (IDA) and other members of the World Bank Group, the International Finance Corporation (IFC), the Multilateral Guarantee Agency (MIGA), and the International Centre for the Settlement of Investment Disputes (ICSID). President- Jim Yong Kim became the 12th president of the World Bank Group on July 1, 2012. Headquarters- Washington, D
New Development Bank (NDB) 

New Development Bank (NDB) 

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New Development Bank (NDB)  Formation of New Development Bank (NDB) The idea for creation of the New Development Bank was first mooted in the Fourth BRICS Summit at New Delhi on March 29, 2012 to meet the development funding requirements of the five founding countries namely Brazil, Russia, India, China & South Africa (BRICS) and other emerging economies and developing countries as well.On July 15, 2014 at the sixth summit in Fortaleza, Brazil the member countries signed the Articles for the New Development Bank with an Authorized Capital of USD 100 billion. The founders established the Bank with a purpose of mobilizing resources for infrastructure and sustainable development projects in BRICS and other emerging economies and developing countries, complementing the existin