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25th July,  2015


Latest News Show : Indian Top Stories & Business News:



 Are IBA and UFBU  Again  Colluding to Deny Two Saturdays Being Off in a month?  by Rajesh Goyal  (uploaded on 25/07/2015)


   Bank Retirees : Act Now or Perish - This is the Time for Appealing to Highest Court of Land As All Other Authorities Have Either Ignored Pleas of Retirees or Have Played Active Role in Cheating Them (uploaded on 24/07/2015)


  Latest and Updated Income Tax Rules (viz Latest Income Tax Slabs, Download New ITR Forms, Types of Deductions available for FY 2015-16, Section 80 C - How to Make Best Use of the Same etc.etc.


 NEW BANKING PARADIGM by Tilak Gulati, AGM, UCO Bank (uploaded on 23/07/2015)


  ESOP OR ESPS AS TOOL OF STAFF MOTIVATION - A Suggestion by S.SRINIVASAN (uploaded on 23/07/2015)


 Learning Income Tax Rules : Computation of Income Under Head Salary   (uploaded on 19/07/2015)


  Knowledge Update :  All About Greece Debt Crisis and Bailout by Rajesh Goyal  (uploaded on 17/07/2015)


   PIL Against New Procedure for Appointments as CEO and MDs in 5 Large Banks : Supreme Court Feels  Suspicious  That Ex-AIBOC Boss Mr Khera is a Front Man by Rajesh Goyal  (uploaded on 15/07/2015)


   Is It High Time Now To File A PIL for Ignoring Retirees in Xth BPS? - Give Your Suggestions On More  Points That Needs To be Included  by K R Ganesh Rao (uploaded on 13/07/2015)


 Does Grey Matter Drastically Diminish Among Top Bankers As They Go Up the Ladder With the Help of Politicians ? :  IBA’s Record Note of 2015  vs IBA’s letter of 2012  by Rajesh Goyal  (uploaded on 10/07/2015)



  IBA Now Plays Another Cunning Act In Their Circular Relating to “Payment of superannuation benefits to employees who were inflicted punishment of Removal from Service or Discharge from Service”  by RK Pathak (uploaded on 08/07/2015)


   Bank Wage Revision Arrears Calculators  (one Revised version uploaded on 08/07/2015)


  Knowledge Update : Credit  Evaluation in  USA vs India - Importance of Character of Borrower by Rajesh Goyal  (uploaded on 03/07/2015)

  Knowledge Update : Correlation between Repo Rate and Base Rate by Pannvalan  (uploaded on 19/06/2015)


  Window Dressing in PS Banks and Its Culprits : Will Modi Government  Be Successful in Reining This Malpractice? by Rajesh Goyal  (uploaded on 06/06/2015)


  Knowledge Update :  Changes by RBI in Priority-Sector Lending (April 2015) by Rajesh Goyal  (uploaded on 09/05/2015); OR Download Detailed Guidelines for PS Lending and Classification



Latest Important Banking News


Second Bi-monthly Monetary Policy Statement, 2015-16 : RBI today (2nd June, 2015) announced the reduction of the policy Repo Rate under the liquidity adjustment facility (LAF) by 25 basis points, and also accordingly adjusted other policy rates

(a) Repo Rate : 7.25 per cent (reduced from 7.50 percent)’

(b) Reverse Repo Rate under the LAF stands adjusted to 6.25 per cent;

(c )Marginal Standing Facility (MSF) Rate and the Bank Rate adjusted to  8.25 per cent.

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