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Result of SBI Associate Banks Clerk 2015 Exam declared

State Bank of India has declared the result of online exam for the recruitment of Clerk in its associate  banks in 2015-16. The online exam was held in January/ February, 2015. They have published today the list of all candidates who have been qualified in online exam.


To view the roll no. of shortlisted candidates for interview in SBI associate bank clerk recruitment 2015, check here.

Many many congratulations to all successful candidates!

 photo hand.gifRead out real time interview experience of candidates appeared in SBI Associate Bank Clerk recruitment interview.
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Indian Bank IBPS Clerk-III Joining Scheduel from reserved list

Indian Bank has published official notification for the joining scheduel and induction training for
the candidates selected in IBPS Clerk CWE-III recruitment from reserved list. The provisionally allotted candidates from reserved list should have to attend a compulsory induction training which has scheduled to be held from 11th to 22nd May, 2015.

The details of joining and training schedule are given on Indian Bank's Official Website.
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PNB Training Scheduel for IBPS Clerk-III from reserved list

Punjab National Bank (PNB) has published today the official notification for the candidates selected in IBPS Clerk-III recruitment. These candidates have been selected from the reserved list. The provisionally selected candidates are required to join on 25th May, 2015.

Candidates have veen selected from these States/ UTs- Andhra Pradesh, Chandigarh, Chhattisgarh, Delhi, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh & Uttarakhand.

Check official notification here.
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IBPS Clerk-IV Success Story of Ankur Yadhuvanshi



Want to read success stories of IBPS Clerk-IV qualified candidates? Today we will share IBPS Clerk-IV sucess story of Ankur Yadhuvanshi. Read out!

Name -  Ankur Yadhuvanshi

IBPS Clerk-IV Marks - 155


Interview Marks - 50

Combined Score - 72

Allotted in - Bank of India


Hello everyone, I have been selected as a clerk in Bank of India. I would like to give the credit to my family and off course Mahendra Coaching Institute. I would like to say to every banking aspirant that the only way to succeed in IBPS is to score more and more because it is in your hand whereas in interview you can not judge your marks because it is in interviewer hand.my written score is 155 and in interview I obtained 50 only. My combined score is 72. All the best to every one.

Thank you very much Mr. Ankur for sharing your IBPS clerk-IV success story with us. It will surely motivate other aspirants who are struggling. Wish you a very prosperous life ahead.

 photo hand.gifYou can also share your IBPS Success Story with us like Mr. Ankur. How to share with us? Send your success story here.
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SBI Specialist Officer Recruitment 2015 Notification out



State Bank of India has issued an advertisement for the recruitment of Specialist Officers (SO) in various categories. The online registration will be started from 8th April and will go on till 27th April. The online test will be held on 14th June across the country.

Eligibility Criteria: Candidates must be a graduate in respective field.

Experience: Working experience is required except for the post of Assistant Manager (System).

Application Fees: Rs. 100 for SC, ST, PWD candidates and Rs. 600 for all other candidates including OBC.

For more details about eligibility, pay of scale, application procedure, syllabus, exam pattern etc. read out the official notification here.

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Share Your IBPS PO-IV/ Clerk-IV/ SBI Clerk Success Story


Have you qualified in IBPS and SBI exams in 2014-15? The result of SBI Assistant (Clerk) 2014 recruitment exam was declared in February, 2015, that of IBPS PO-IV and IBPS Clerk-IV were declared on 1st April. We congratulate to all candidates who have got allotment. Now it's time to enjoy your success.

We know that you have got success after lots of  hard work and struggle. So we request you to share your success story with us. We will publish your success story on our website so that thousands of aspirants who are still  struggling to get a job in bank, will get some motivations from your success story. 

How to share IBPS Clerk-IV/ IBPS PO-IV/ SBI Assistant 2014 success story?

For this, you have to only fill up a form with your details such as name, age, score, story etc. and send to us. To fill up the form, check here.

Thanks & Regards,
Admins
IBPS-NEWS

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IBPS Clerk-IV Combined Result & Allotment published



IBPS has published today the combined result (written and interview out of 100) for Clerk CWE-IV 2014-15 exam. IBPS PO-IV 2014 combined result has just declared today. Now the Clerk-IV result has come. In Clerk-IV recruitment, a reserve list has been made where approximate 10% of total vacancies under each category are listed.


To view your IBPS Clerk-IV combined result and final allotment status, check here.



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IBPS PO-IV 2014 Combined Result & Allotment published



Good News! Institute of Banking Personnel Selection (IBPS) has declared the combined result and allotment details of PO/ MT CWE-IV 2014-15 recruitment. A reserve list of IBPS PO-IV has also released. Around 10 percent of total vacancies of each category are in reserve list. The reserve list will be automatically expired 31.03.2016.


To view your IBPS PO-IV combined result & allotment details, check here.

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Short Notes on Different Banking Rates of RBI



Candidates who are preparing for the banking interview or banking exam they should have a clear knowledge about different banking rates in Indian banking system. Here we have updated all Banking Rates' basic definition.


Different Indian Banking Rate:
bank rates in India
In Indian banking system there are 6 types of banking rates.
  • CRR-Cash Reserve Ratio
  • Repo-Rate
  • Reverse Repo Rate
  • Bank Rate
  • MSF- Marginal Standing Facility
  • SLR- Statutory Liquidity Ratio


Details about Different Indian Banking Rates

Cash Reserve Ratio (CRR): 

Commercial banks have to hold as reserves certain some of percentage of money either in cash or as deposits with the central bank means RBI.

RBI decreases CRR for the economic growth of our country.There is no maximum or minimum limit of CRR.


Repo-Rate : 

RBI lends to the commercial bank to meet their short term needs.


Reverse Repo Rate : 

RBI borrow money from commercial bank for keeping securities as collateral.


Bank Rate  :

RBI charge certain interest rate on commercial bank for long term loan for rediscounting of the bills and commercial paper.


Marginal Standing Facility (MSF) : 

Scheduled bank borrow funds overnight from RBI against approved government securities. This loan is provided for only 1 day.


Statutory Liquidity Ratio : 

Commercial bank deposits government securities gold and cash as SLR. The maximum SLR rate 40 %. The minimum loan approved by RBI under MSF 1 Crore.

Hope these will be useful and helpful for you.


Related Banking Awareness Notes-
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Banking Awarness about Budgetary Concept



Today we are discussing about banking awareness related to budgetary concept. It will be very useful for upcoming IBPS, SBI, RBI, UPSC, SSC, NICL etc exams.

Budget Concept Related to Banking Awareness

In banking sector BUDGET is a correlated terms. There are some Budget related terms which are describe below;

Budget :

The budget is an annual financial statement of India’s finance about expenditure and receipts of the government. The budget calculate from 1st April to 30th March. The budget some times calls Money Bill. It is presented by Finance Ministry of India in the Lok Sabha after sanctioned by the Parliament. 

budgetary conceptRevenue Budget :

Revenue Budget means in Indian Financial system those money helps in economic growth and development of various business and organization. Direct taxes and indirect taxes both come under revenue budget. It is basically profit making activities in finance.

Capital Budget :

Capital Budget means such types of money those are long term related to the government. It is basically related to the profit making policy of the organization. It also covers capital receipts and capital expenditure.

Deficit:

Deficit is a important and correlated terms of Indian financial system. It is such a amount which is difference between capital and total expenditure. GDP rate if India depends on this deficit system.

Deficit may be classified in 3 types;

1. Budgetary Deficit
2. Fiscal Deficit
3. Current Account Deficit

1. Budgetary Deficit

Budgetary Deficit means excess of money in public related expenditures and receipts. It also called National Deficit.


2. Fiscal Deficit:

Fiscal Deficit in financial system basically it denote positive event. Fiscal Deficit means a gap between total expenditure and total receipts.


3. Current Account Deficit:

It also a financial measurement in a country. It can be defined by country’s import are grater than country’s export goods. It also may be called that it is basic cause of fiscal deficit.


Zero-Based Budgeting :

It is a naval technique to guard against wastage in public expenditure. It is based on philosophical when expenditure at the time of review is Zero ( 0). 

Overall all above budgetary terms are correlated with banking industry in our country. India and our country’s financial system is also controlled by these terms.


That's all! We hope it will be helpful for your upcoming competitive exams. Don't forget to share whether you have liked or not.


Related Banking Awareness Notes-
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