Karnataka Bank clerk recruitment 2022: Admit cards for July 17 exam out,...

Karnataka Bank Clerk Recruitment 2022 exam will be conducted on July 17, 2022. The admit cards have been uploaded to the official website and can be accessed at karnatakabank.cOm. The hard copy of the Karnataka bank clerk admit card will not be issued. It is mandatory to take its printout and carry the same to the exam hall.
#KarnatakaBank #Karnataka #Finance #Banking #JobsEducation

19 hours ago

Big tech firms offering financial services pose risk to financial stability: RBI

Big tech companies offering financial services pose risk to financial stability as their complex intertwined operational linkages with financial institutions could lead to contagion effect and potential anti-competitive behaviour. The central bank, in its 25th Financial Stability Report (FSR), said the advent of FinTech exposed the banking system to new risks which extend beyond prudential issues.
#RBI #25thFinancialStabilityReport #Finance #Banking #BusinessIndustrial

21 hours ago

IBPS Clerk 2022: Notification released for 6035 posts, registration begins today

Institute of Banking Personnel Selection has released IBPS Clerk 2022 notification. The registration process will begin on July 1, 2022 and will end on July 21, 2022. The recruitment drive will fill up 6035 posts in the organization. The minimum age to apply for the exam is 20 years and maximum age is 28 years.
#InstituteofBankingPersonnelSelection #Finance #Banking #JobsEducation


IBPS Clerk 2022 application process begins; check steps to apply

The Institute of Banking Personnel Selection (IBPS) released the official notification for recruiting Clerks in PSBs on June 30. A total of 6,035 vacancies will be filled at 11 banks across India through this recruitment drive. The minimum age limit required for the post of Clerk is 20 years and a maximum of 28 years.
#InstituteofBankingPersonnelSelection #India #Finance #Banking #JobsEducation


World Bank Introduces Fund To Prevent, Respond Better To Future Pandemics

The World Bank’s board on Thursday approved creation of a fund meant to finance investments in strengthening the fight against pandemics. The fund will support prevention, preparedness and response (PPR), with a focus on low- and middle-income countries. The World Health Organization is a stakeholder in the project and will provide technical expertise.
#WorldBank #Finance #Banking


Women’s share in incremental bank deposits rises to 35%: SBI

The share of women depositors in incremental bank deposits during FY22 increased to 35 per cent from 15 per cent in FY21, a whopping rise of 20 percentage points. Rural areas are the major source of incremental women deposits, says SBI report. The state-wise analysis indicates that the top four big states where the share increased in FY22 over FY20 are Uttar Pradesh, Telangana, Karnataka and Kerala.
#SBI #UttarPradesh #Finance #Banking


Credit card rules to change from July 1: Here's what you need to know

The Reserve Bank of India had earlier issued revised rules for the issue and closure of credit and debit cards. Rules for billing and directions for issuing agencies will come into effect from July 1. Issue of unsolicited credit cards, or unsolicited upgrading of cards, will be strictly prohibited. Cardholders will be given a one-time option to customise billing date or cycle.
#ReserveBankofIndia #Finance #Banking


IBPS Clerk Recruitment 2023 Notification: Registration for Clerk CRP-XII to...

Institute of Banking Personnel Selection, IBPS Clerk notification will be released on July 1. Short notification has been published in newspapers on June 29, 2022. Eligibility, age limit, important dates and steps to apply can be checked here. The deadline to complete the online application process for Clerk recruitment will end on July 21, 2022.
#IBPS #JobsEducation #Education #StandardizedAdmissionsTests


Crypto related job postings jumped by 804 per cent since 2020: Indeed

A new report by Indeed India shows a rise in the number of job postings for cryptocurrency, blockchain and NFT-related jobs. The report by the job portal revealed an acceleration in the market’s demand. It should be noted that in 2022, the increase was 315 per cent whereas, in April 2022, postings were 15 times more than in 2019.
#Indeed #Finance #Investing #CurrenciesForeignExchange

4 days ago

PPF, Senior Citizen Savings Scheme, Sukanya Samriddhi Interest Rates to be...

Small savings schemes at the post office are highly reliable as they are backed by the government. This includes Monthly Savings Scheme, National Savings Certificate, Sukanya Samriddhi Yojana, Senior Citizens Savings Scheme or Public Provident Fund. The government may consider to change PPF, NSC or SSY scheme interest rates in June, thereby benefitting investors of these schemes.
#NationalSavingsCertificate #Senior #Finance #Banking

5 days ago

Business Standard Editorials

The Reserve Bank of India’s (RBI) Payment Vision 2025 document, read in conjunction with a recent letter clarifying rules for prepaid payment instruments (PPI), indicates both its policy targets and regulatory concern. The regulator, the letter seems to suggest, is worried that the rapid growth of PPI, loaded through non-banking debt channels, could lead to a bubble.
#BusinessStandard #Finance #Banking

5 days ago

RBI eyes BNPL norms, to rope in fintechs amid concerns over cards by...

Reserve Bank of India is likely to come out with guidelines for the BNPL segment. The Reserve Bank slapped curbs on non-bank buy now pay later (BNPL) companies last week. The regulator is in discussion with fintech players to find a way out and bring segment under regulatory framework.
#ReserveBankofIndia #Finance #Banking

6 days ago

Banks in India will remain closed for 14 days in July

Banks in the country will remain closed for 14 days in July. Some of the bank holidays during this month will differ from state to state. The Reserve Bank of India places bank holidays under three categories - holidays under Negotiable Instruments Act, Real-Time Gross Settlement Holiday, and banks’ closing of accounts.
#ReserveBankofIndia #Nego #India #Finance #Banking

1 weeks ago

Credit Card Rules: No More Unwanted Credit Cards; Billing Cycle to Change from July 1

Reserve Bank of India has amended rules regarding credit and debit cards. These rules are going to come into effect from July `1, the central bank has said in a notification. The RBI has strictly prohibited the issue of unsolicited credit cards in its new credit card rules. Card-issuers will have to ensure that wrong bills are not raised and issued to cardholders.
#ReserveBankofIndia #Finance #Banking #CreditLending

1 weeks ago

Canara Bank Launches Special Fixed Deposit Scheme: See FD Interest Rate,...

The Canara Bank special FD scheme is applicable to deposits below Rs 2 crore. The tenure for the special deposit scheme is 333 days, and FD interest rate is 5.10% for general public and 5.60% for senior citizens. The move succeeds a similar one from another public sector bank, Bank of Baroda.
#CanaraBank #Finance #CreditLending #Banking

1 weeks ago

Personal Loans: Know Who Offers The Lowest Interest Rate Among These Five Banks

Punjab National Bank is offering personal loans at an interest rate of 8.80-15.35 per cent per annum. SBI charges a processing fee of up to 1.5 per cent or Rs 15,000, whichever is lower. The interest rate being offered varies from person to person, depending upon gender, age and credit score.
#PunjabNationalBank #Finance #Banking #CreditLending

1 weeks ago

ICICI Bank Launches Portal About Overseas Banking Services For Students Keen...

ICICI Bank has launched a digital platform to address the needs of students aspiring to pursue higher education in India and abroad. Known as ‘Campus Power’, it offers both banking and value-added solutions at one place, eliminating the need for students to contact with multiple stakeholders.
#ICICIBank #India #Finance #Banking

1 weeks ago

Stock Recommendation: Buy This Small-Cap Banking Stock For More Than 50% Returns

DCB Bank’s share price has been in the base-building phase since the beginning of June 2022. Axis Securities has suggested investors buy the stocks of the company for a target price of Rs 115/share. The banking stock shares have fallen more than 20 per cent in the last 1 year. The brokerage expects around 50 per cent of gains in the next 12 to 18 months.
#DCBBank #Finance #Banking #BusinessIndustrial

1 weeks ago

IDBI Bank So Recruitment 2022: Vacancy open for 226 Managerial posts; here's...

Industrial Development Bank of India (IDBI) has invited applications from candidates to apply for the post of Specialist Officers and other posts. The registration process will begin on June 25 and conclude on July 10, 2022. A total of 226 posts will be filled in the department.
#IDBIBank #Finance #Banking #JobsEducation

1 weeks ago

SBI ATM: How Many Times can you Withdraw Money Without Charges in Month? Know Rules

State Bank of India offers five free transactions for customers maintaining a monthly balance of up to Rs 1 lakh at its ATMs in Delhi, Kolkata, Mumbai, Chennai, Bengaluru and Hyderabad. For non-financial transactions like checking account balance, customers are charged Rs 5 at SBI ATM and Rs 8 at other bank ATMs.
#StateBankofIndia #Delhi #Finance #Banking #CreditLending

1 weeks ago