Canara Bank Call Letter link open

To download your call letter:Click here

INDIAN BANK Recruitment of Specialist Officer 2012

Indian Bank a leading Public Sector Bank,invites applications from Indian Citizens for the post of SPECIALIST OFFICERS.Total number of vacancies are 86.

To download advertisement :Click here

Opening Date:29.03.2012
Closing Date:18.04.2012

DENA BANK PO Link open

To download Chalan :Click here
To apply online :Click here

BOB PO Interview List out

To check your roll number :Click here..

Category wise minimum Cut off Marks of candidates called for Interview are as follows: 
Category           General  OBC  SC   ST   HI   OC     VI 
Cut off Marks     174       167 159   149   132   162    151 

DENA BANK PO RECRUITMENT 2012

Total number of vacancies:500

To download advertisement click here:Size 5.23 MB

Opening date :28.03.2012
Closing date:12.04.2012

Bank of India IMPORTANT ANNOUNCEMENT

An important announcement related to Recruitment of Specialist & General Banking Officers 
in various scales - Project 2011-12/4    (Vacancies Specialist – 193 GBO - 110)Notice Date 16/12/2011 has been published in banks website.To check details click here:Career

INDIAN OVERSEAS BANK PO RECRUITMENT 2012

Indian Overseas Bank, a leading Public Sector Bank with headquarters in Chennai having geographical presence all over India and abroad invites On-line applications from Indian Citizens for the post of Probationary Officers in Junior Management Grade Scale – I, who have taken the Common Written Examination (CWE) for Probationary Officers/Management Trainees conducted by IBPS in Sept / Nov 2011 and obtained a valid IBPS CWE-PO/MT-2011 Score Card and who meet the eligibility .

Number of Posts:1500

To download advertisement in English :Click Here

To download advertisement in Hindi:Click here

Open Date for Registration :30.03.2012
Closing Date for Registration:19.04.2012

PUNJAB GRAMIN BANK Recruitment 2012

PUNJAB GRAMIN BANK sponsored by Govt. of India, Govt of Punjab & PUNJAB NATIONAL BANK invites applications from Indian Citizens, for the posts in Officer Middle Management (Scale – III), Officer Middle Management (Scale – II), Officer Junior Management (Scale – I) –Group-“A”.Bank also invites applications for the posts in Office Assistant (Multipurpose) cadre- Group-“B” 

Starting Date for online registration: 22.03.2012

Last Date  for online registration:     10.04.2012

To check details and download :Click here

Joining As a Clerk or PO

This article is basically for those who have scored below 160 in IBPS PO and have cleared IBPS CWE Clerk with good score.i.e 170+ ...So after scoring a decent enough score in IBPS PO as you all have come to know whats banks are actually looking for ..i.e high score + some others qualifications ....SO now the question here arises what they do now when along with hope of getting a call for PO interview they have the option to join banks as a clerk..Now the point that is to be made clear is what you actually want as an individual.....what is your main objective ..First make that thing clear...Then the situation will look little different ..IF your main objective is to join bank irrespective of the post you hold there ,then situation is good for because now you have two options instead of one ...Friends this is  just an opinion to you all those who were little bit confused about this ..I hope this opinion might help someone looking for answer to his/her question..So if you have decided then don't wait  for next exam DO it This Time

Leave Comments ...

CANBANK FACTORS LTD. RECRUITMENT-A SUBSIDIARY OF CANARA BANK

Selected candidates will be absorbed as Probationary Junior officer in Scale II with gross emoluments of approx 2.50 lac p.a..To view details and to download application form click here:Details

BANK OF BARODA CLERK LINK OPEN

To apply online click here:Apply

BOB CLERK Advertisement 2012

Bank of Baroda advertisement for Clerk jobs is available for download .To download :Click here

Bank of India Recruitment of Specialist & General Banking Officers in various scales

The following advertisement has been published in banks website.

Vacancies Specialist – 193 GBO - 110

Project 2011-12/4 

Notice Date 16/12/2011  

Announcement :Written Test for the following posts, will be tentatively held on 29.04.2012.

Post Code	Post Name	Scale
04	Finance Executive	III
06	Chartered Acct.	II
08	Finance Executive.	II

In respect ofPost Code 09 – Security Advisor, we wish to advise that we have not found any eligible candidate for the said post.

For rest of the posts, selection process shall be announced shortly. Candidates are advised to take note of it and keep visiting our website for further information.

Scores of Non Qualified Candidates in CWE Clerk exam

To check whats your score :Click here






Please comment..

BANK OF BARODA RECRUITMENT OF 2000 CLERICAL PERSONNEL 2012

Bank of Baroda has invited application for Clerical Post who have taken the CWE for Clerk post and have successfully cleared it.
IMPORTANT DATES
Website link open and payment of fees at BOB branches :24.03.2012-10.04.2012
last date for online submission of application :10.04.2012
To check updates refer to website:BANK OF BARODA

Fiscal Deficit

The Finance Minister, though has been appreciated for being honest about the government’s fiscal deficit in his budget, without trying to paint a rosy picture, but he himself has admitted that the fiscal deficit this year will cross its budgeted estimates substantially and will continue to be on the upside in the next fiscal as well. Fiscal deficit has overshot its budgeted estimate of 4.6% of GDP in FY 12 by a good percentage point and is expected to be around 5.9%, however it has been pegged lower at 5.1% of GDP for FY ‘13.

The scaling down of the deficit from 5.9% to 5.1% in FY 13, looks reasonable but some say it may not be realistic as we may actually see a number close to 5.5% by the end of next year. As per the FM the fiscal deficit shot up its estimates primarily due to a rise in the subsidy bill for petroleum and fertilizer. Although he has not made any specific attempt to curb this burden, the budget has also not seen any announcements in terms of big ticket government schemes. In fact a cap of 2% on expenditure of subsidies has been targeted for the next year which may actually help the government in keeping its subsidy bill under check. Over the next three years, it has proposed to bring down the subsidy burden further to 1.75% of GDP.

On the revenue side, the Budget has attempted to increase its revenue through an increase in indirect taxes instead of increasing the direct taxes. Service tax and excise duty rates have been hiked form 10% to 12% and the service tax base has been widened.

Going forward, the fiscal deficit target could however come under pressure if the Parliament passes the Food Security Bill and if the global crude oil prices go over $115 a barrel. The government will also have to go in for gross market borrowings of Rs 5.70 lakh crore, which is 11.5% higher than Rs 5.10 lakh crore estimated for this financial year.

Budget for Agriculture Sector

 Agriculture remains a priority for the government; the Finance Minister announced a slew of initiatives for the sector in his budget. As was expected the Finance Minister increased the outlay to the sector along with increased credit flow and greater funds for research and development. Increased funding was also directed towards the eastern states with a view of stepping agriculture production in them. Keeping in view the better performance of the eastern states and continuing with his efforts of bringing in a ‘second green revolution’, the FM increased the allocation for the states to Rs 1,000 crore in next fiscal. The total plan outlay for the agriculture sector has been increased by 18%. The outlay for the agriculture ministry’s flagship growth scheme Rashtriya Krishi Vikas Yojana (RKVY) was also stepped up by 17%.

To improve credit supply to farmers, target for agricultural credit was increased by Rs 1,00,000 crore to Rs 5,75,000 crore. Further a special fund called the RRB Credit Refinance Fund has been proposed with the view of enhancing the capacity of Regional Rural banks (RRB) in disbursing short term crop loans to the small and marginal farmers. The FM has also proposed modifying the Kisan Credit Card (KCC) Scheme to make it a smart card which can be used at ATMs.

The interest subvention scheme for providing short term crop loans to farmers at 7% interest per annum will be continued in 2012-13.   An additional subvention of 3% will be available to prompt paying farmers. In addition, the same interest subvention on post harvest loans up to six months against negotiable warehouse receipt will also be available. This is expected to encourage the farmers to keep their produce in warehouses.

Irrigation too received an impetus by an allocation of Rs. 300 crore.  A special government owned company to fund sub-sectors like micro-irrigation, contract farming, waste water management and sanitation was also proposed.

In keeping with the Prime Minister’s desire of encouraging research and development in the agriculture sector, an increased outlay of Rs. 200 crores was announced in the budget.

The budget has given due focus to agriculture which is not surprising as agriculture still employs more than 58% of India’s working population and has been growing at a dismal pace of 2-3.5%. The Prime Minister too has expressed his desire to bring this growth level up to 4% in the 12th Plan period. The increase in growth will not only increase production to sustain the growing population but will more importantly improve the living conditions of farmers. Increased credit flow to the sector is a welcome measure in this regard. Adequate credit at low cost will help mechanization of the sector and also reduce the dependence of the farmers on local moneylenders. Increased focus on the north eastern states will not only tap their agricultural production but will also help realize the objective of inclusive growth.

Give your valuable opinions..

Union Bank of India Details of marks obtained and cut off for the Post of PO available

Union Bank of India has given the option to check marks obtained by candidates who appeared for the post of PO.To know click here:Check it







Please comment .

Budget for Aviation Sector

In the Union Budget 2012-13, Finance Minister, Pranab Mukharjee has proposed external commercial borrowings (ECB) for the sector in the new financial year with a cap of $1 billion. The airline industry will benefit from this move as it helps to shave off high costs of borrowings for airlines.

At present, loans carry an interest rate of about 11-14%, which is a huge drain on airline resources. Airlines, if the proposals are accepted will get access to capital for running daily operations at about five percent to seven percent, resulting in a saving of about five percent in interest costs alone.

In a bid to encourage the nascent maintenance, repair and overhaul (MRO) sector, it also proposed to allow full exemption from customs duty and countervailing duty to aircraft spares, tyres and testing equipment. While, in a sop to Indians travelling abroad, he also proposed to raise the duty-free baggage allowance, which was last revised in 2004, from Rs 25,000 to Rs 35,000 and for children of up to 10 years from Rs 12,000 to Rs 15,000.

On the other side, no announcement for foreign carriers to invest up to 49% in the domestic carriers was made in the Budget. But, the industry is hopeful that the government will open up the civil aviation sector for foreign investors in a few months. At present, the government allows FDI up to 49% in Indian carriers by non-airline players but does not permit foreign airlines to invest directly.

Overall, the Budget 2012-13 has neutral impact on the Industry as increase in service tax will impact negatively on the industry while, ECB with holding move could reduce interest costs and provide much needed liquidity and would ease pressure in short term, while paving the way for FDI in aviation sector at a later stage. 

IMPACT ON BANKING SECTOR..

The banking sector is highly interrelated with the economy of the country. The GDP growth is estimated at 7.6 per cent for FY13 which gives us a hint that the Indian economy is expected to recover and be back on the growth track in FY13. With this development the banking space may also witness a spurt in growth in their business next fiscal. However, the Union Budget 2012-13 has offered both positives and negatives for the sector.

1:The budget has proposed to provide a sum of Rs 15,888 crore of capitalization for the public sector banks, regional rural banks and other financial institutions, including NABARD. Last year the budget had estimated capital infusion of Rs 6,000 crore in PSBs but the real scenario is that the government is infusing capital of more than Rs 16,000 crore during this financial year. The estimate for this year could be considered as appropriate and therefore this could be a positive factor for the public sector banks as the capital infusion would help bank’s in maintaining their minimum tier - I capital, thereby will build confidence in investors about the financial quality.

2:The budget has proposal to extend the scheme of capitalization of weak RRBs by another 2 years to enable States to contribute their share and to allocate Rs 10,000 crore to National Bank for Agriculture and Rural Development for refinancing the regional rural banks (RRBs). The proposal to extend the scheme of capitalization of weak RRBs is a welcome move as setting up of a short-term RRB credit refinance fund would enhance the capacity of RRBs to disburse short term crop loans to the small and marginal farmers.

3:Finance Minister pegged fiscal deficit be grow at 5.1 per cent of the GDP for FY13. For financing this deficit the government will create a market borrowing of Rs 5,75,000 crore which is higher by Rs 1,00,000 crore as compared to last year. The higher market borrowings will further have an upward pressure on the interest rates. The RBI which wishes to cut down the rate may again take a pause in the near future.

Thus, overall the budget was neutral for the banking space. The budget remained silent on the licensing of new banks in the private sector issue. As for the issues of priority sector lending and on creating a public financial holding company for the banks, the budget has created no impact on an immediate basis. 

Please be free to comment...

BANK OF INDIA PO Interview on hold

Bank of India has decided to hold on the interview process.To download interview call letter:Click here

DETAILS OF MARKS SECURED BY THE CANDIDATES IN WRITTEN EXAMINATION HELD ON 24.07.2011

State Bank of India Recruitment of PO written exam held on 24.07.2011.To check your marks click here:Check out

UCO Specialist Officers Result Out

UCO bank has declared the names of candidates selected on the basis of interview conducted on 7,8,9 th of February 2012.To check your result :Click here

BANK of INDIA Interview Schedule

To check your centre for interview click here:Download.

A GOLDEN CHANCE

 please comment.

CORPORATION PO FINAL RESULT OUT

To check your  result click here:All the Best.

RBI keeps rates Unchanged

Today RBI the apex bank regulator kept rates unchanged.After a reduction in CRR rate by .75 basis points few days ago bankers were expecting the same .He even said that growth has re bounced but keeping inflation in view reduction was not required.Inflation rose to 6.95 percent in February which is still not at the comfort level of 5-6 percent.

2012-13 RAIL BUDGET Highlights

Today Railway minister Shri Dinesh Trivedi presented the railway budget for the first time.To sum up all it was mentioned a common man budget. The main announcement made in this budget was increase in railway fares across all classes mainly from 2-30 paisa/k.m.Following announcement were made during the budget:

Passenger fares to be hiked by 2 paise per km for suburban and ordinary second class travel; 3 paise per km for mail/ express second class; 5 paise per km for sleeper class; 10 paise per km for AC chair car/AC 3-tier and First Class; 15 paise per km for AC 2-tier and 30 paise per km for AC 1-tier.

Minimum fare and platform tickets to cost Rs 5.

*75 new Express trains to be introduced, along with 21 new passenger services, nine DEMU services and 8 MEMU services trains.

*Route of 39 trains to be extended and frequency of 23 trains to be increased.

*Railways to hire more than one lakh employees in 2012-13; 80,000 persons hired last year.

*Indian Railways Stations Development Corp to be set up to re-develop stations and maintain them like airports.

*To set up an independent Railway Safety Authority as a statutory body.

* The open discharge toilets on trains to be replaced with green (bio) toilets.

*All unmanned level crossings to be abolished in next five years; To target zero deaths due to rail accidents.

*To provide rail connectivity to neighbouring countries, a new line from Agartala to Akura in Bangladesh to be set up.

*Double-decker container trains to be introduced.

*Steps to improve cleanliness and hygiene on trains and stations within six months. A special house keeping body to be set up to take care of both stations and trains.

*New passenger services include escalators at major stations, alternative train accommodation for wait-listed passengers, laundry services, AC lounges, coin/currency operated ticket vending machines.

*Two new members, one for marketing, and other for safety, to be inducted into Railway Board.

*On board passenger displays indicating next halt station and expected arrival time to be introduced.

*Introduction of regional cuisine; Book-a-meal scheme to provide meals through SMS or email.

*Specially designed coaches for differently-abled persons to be provided in each Mail/Express trains.

*Railway Tariff Regulatory Authority to be considered.

*National High Speed Rail Authority to be set up; Pre-feasibility studies on six high speed corridors completed; study on Delhi-Jaipur-Ajmer-Jodhpur to be taken up in 2012-13.

*Wellness programme for railway staff at work places.

*Institution of ‘Rail Khel Ratna’ Award for 10 rail sportspersons every year.

*A wagon factory at Sitapali, Odisha, rail coach factory at Palakkad, two additional new coach manufacturing units in Kutch (Gujarat) and Kolar (Karnataka); component factory at Shyamnagar (West Bengal); new coaching terminal at Naihati, the birth place of Bankim Chandra Chattopadhyay.

*Freight loading of 1,025 MT targeted; 55 MT more than 2011—12; Passenger growth targeted at 5.4 per cent.

*Passenger earnings to increase to Rs 36,200 crore.

*Gross rail traffic targeted to increase by Rs 28,635 crore to Rs 1,32,552 crore in 2012—13.

Source :THE HINDU.COM

BANK OF INDIA CUT OFF FOR INTERVIEW

Finally Bank of India has declared the cut off for different categories.In their website following detail is published:


Further to the result of Recruitment of General Banking Officers – I as per Notice dated 27.12.2011, declared on 10.03.2012, we give below the Cut Off marks:

SC	ST	OBC	GEN	HI	OC	VC
154	141	164	167	117	156	141

BANK OF INDIA LIST OF CANDIDATES SELECTED FOR INTERVIEW

Bank of India  has declared list of candidates selected for interview .To check :Click here

Download it...

Friends i know you all are preparing for group discussions and interview so here is an article you must read  and that might add to your knowledge base:Download

CWE PO/MT 2012 Link Active

To apply online click here:Apply

IBPS 2nd CWE PO/MT MARCH 2012

IBPS have published the advertisement for next round of IBPS CWE PO/MT examination .To download advertisement :Click here..

Banks Open for Registration and Last Date to take Printout

I know many must be conforming again and again last date to register for banks vacancy and last date to take out the print out..So here is the list of banks still open for registration and last date to take out the print out.

Banks name              Last Date to apply       Last date to take the printout

Allahabad Bank              10/03/2012                   15/03/2012

Bank of Baroda              10/03/2012                   11/03/2012        

Bank of Maharashtra      16/03/2012                   01/04/2012

Indian Bank                    Closed                         15/03/2012         

UCO Bank                    17/03/2012                   17/03/2012     

United Bank of India       09/03/2012                   not known

Process for Arriving at Standard Score in CWE Clerk

Friends now you can view the process for calculation of score in CWE Clerk exam.

To download the process :Click here

IBPS REGISTRATION SCHEDULE FOR NEXT CWE PO EXAM

IBPS has declared the registration dates for next CWE PO exam.
Online Registration :09.03.2012-30.03.2012
Offline Fee Deposit: 12.03.2012-07.04.2012










Source Leading Newspaper

IBPS CLERK SCORE CARD AVAILABLE

To check your score click here:ALL THE BEST
Minimum Qualifying Score for General category is 24 in all sections and Total Weighted Score is 120

SBI OFFICE ASSISTANT AND STENOGRAPHER LINK OPEN

To download advertisement :Click here
To apply online click here:Apply
DATE OF COMMENCEMENT:05.03.2012
DATE OF CLOSURE: 26.03.2012
LAST DATE FOR REPRINT:10.04.2012

Fee / Deposit Begin Date: 07.03.2012 (Offline Payment) and 05.03.2012 (Online Payment)

Fee / Deposit End Date: 31.03.2012 (Offline Payment) and 26.03.2012 (Online Payment)

Flexi Bank Account

Now a days banking services has become more of a customer oriented .So to offer some flexibility to their account holders banks now days are offering different options to their customers.One of them is Flexi bank account.

FLEXI Bank account: Flexi bank account give the customer the benefit of high rate of interest as in FD and liquidity of saving account. A customer is required to set their limit as per his/her regular cash needs and ask the bank transfer the balance to term deposit and earn higher interest.

For instance you have 5 lac rupees in your flexi account and you set your limit to 1lac and the remaining balance will earn interest at 7 percent p.a. The amount of 1 lac will be available for your daily needs and will earn interest at 4 percent p.a.Apart from this suppose you have issued a cheque of Rs 1.05 lacs against your account then there is no problem as excess of 5000 Rs will be transferred from your flexi account and no charge taken.

So it helps you both ways. Earning interest as well as providing you liquidity. Every bank offers different features in this product. 

NAINITAL BANK LIMITED CLERK FINAL RESULT

To check your results click here:ALL THE BEST

UNION BANK OF INDIA FINAL LIST OUT

Union Bank of India has declared the list of selected PO .
 To check your result click here:ALL THE BEST

RBI RECRUITMENT 2012

Reserve Bank of India have announced recruitment of assistants for various branches across India.
WEBSITE LINK OPEN:01.03.2012-25.03.2012
DATE OF WRITTEN TEST:29.04.2012
PAYMENT OF FEES AT BANK BRANCHES:01.03.2012-27.03.2012
TO DOWNLOAD DETAILS :CLICK HERE

CLERICAL RECRUITMENT {ASSISTANTS AND STENOGRAPHER} iN SBI

SBI RECRUITMENT OF CLERKS AND STENOGRAPHERS
WRITTEN EXAMINATION POSTPONED FROM 18-03-2012 TO 27-05-2012 AND 03.06.2012
ONLINE REGISTRATION WILL START FROM: 05.03.2012
LAST DATE FOR REGISTRATION OF ONLINE APPLICATIONS:26.03.2012
PAYMENT OF FEES:07.03.2012 TO 31.03.2012
TO DOWNLOAD ADVERTISEMENT :CLICK HERE