please tell some recent developments in BANKING sector.....😁😁
having a pg degree in biotechnology is an over qualification for po job???😐
General Category People should be debar from Government Jobs or If you want to Give them Chance as India Believe in Equality Maximum 1 chance for Each Form and Fees of that form should be minimum Rs 1,00,000
Can anybody suggest what to do as I have wrongfully mentioned certificate in computer operation.I cant find the certificate.Is it necessary to show in my case as IBPS later notified that computer is not necessary.
Reforms to curb bad loans 👍 :
Photo: Pradeep Gaur/ Mint Mumbai: The Reserve Bank of India (RBI) on Tuesday suggested an array of measures to address the growing pile of bad loans in the banking system, calling for early recognition and resolution of sticky assets, stricter action against wilful defaulters, and more freedom...
fcnr(b) swap window BROUGHT in to check the depreciation of INR against USD.
1. What are the pre-conditions for the FCNR (B) deposits mobilised by a bank for being eligible to be swapped with RBI under the swap window? Only fresh FCNR (B) deposits mobilized in any of the permitted currencies after September 6, 2013 with a minimum three years maturity and having a lock in...
http://www.rbi.org.in/scripts/NotificationUser.aspx?Id=8388&Mode;=0
What is priority sector lending?
as on September 01, 2012 1. What is meant by Priority Sector? Priority sector refers to those sectors of the economy which may not get timely and adequate credit in the absence of this special dispensation.
recently i came across a guy in fb, he was 29years old. working in a s/w company earning 60k per month. now he applied for ibps-po3. i asked him why change in job when u are earning double pay of PO . he talked about job security,pension,pf, gratituty etc.. he has scored 83 in ibps-po3.
are there such kind of people here??
puys i am a 2012 passout. from may2012 to feb 2013 my mind was on mba but missed all exams by near whiskers. then from april 2013 onwards i have written sbi-po, lic-aao,rbi-ass, and again failed. next i have taken ibps-rrb,ibps-po, and ibps-clerks and qualiifed and waiting for interviews. so if they ask me about year gap can i mention about mba or just say i was taking longterm coaching for bank exams??
Puys…you would have read in recent economics news about the word Tapering and interviews around the corner we should be aware of this topic…this is something which I found on the internet….not very explanatory but will give you some insights
What is tapering?
It is a gradual phasing out of the Fed's bond-buying programme.
On Wednesday, we learnt that tapering is starting in January, when the Fed will reduce purchases of mortgage bonds and Treasury bonds (US government debt) by $5bn each.
That means it will buy $35bn in mortgage bonds each month and $40bn in Treasuries.
Some say it is a small, symbolic move. "A $10bn change won't be missed. It won't impact the economy. A change this small is almost like it had done nothing at all," said Todd Schoenberger, managing partner at Landcolt Capital. The Fed also softened the blow, though, by saying that its benchmark short-term interest rate would remain close to zero until unemployment was "well past" 6.5%.Further tapering will depend on how the economy responds.
Why now?
The timing surprised some analysts, who thought the Fed might wait until next year to cut back its support. Fed Chairman Ben Bernanke said he consulted closely with Fed Vice-Chair Janet Yellen on the decision. Ms Yellen is due to succeed him when he steps down on 31 January after eight years in charge. The decision to taper indicates that both are confident that the US economic recovery is well entrenched. The latest data seems to support that. Economic growth picked up to an annual pace of 3.6% in the third quarter, surprising many observers. Unemployment fell to a five-year low of 7% in November. Some are not convinced, though. Steven Ricchiuto, chief economist at Mizuho in New York, was not expecting the Fed to make its move until next March. "I am afraid that taking the punch bowl away before the party has a buzz will prove to be a mistake," he said.
How much has the Fed committed to QE?
The Fed has taken on much more government and mortgage-backed debt, that now sits on its balance sheet. That balance sheet, which records the assets held by the central bank, has expanded dramatically. Since the recession, it has increased from about $1 trillion before the crisis hit in 2007 to close to $4tn, and that is likely to expand further. The majority of that expansion is due to the purchases made under QE. To put those figures in context, the combined value of the three biggest US technology companies - Apple, Google and Microsoft - is a little over $1tn and the total value of the UK economy in 2013 was $2.4tn. Unless there is a collapse in confidence in US government finances or the dollar, the extra debt owned by the Fed should not be a problem.
That is a lot of money. Did it work?
By buying mainly US government bonds and mortgage-backed debt, the Fed kept interest rates low - particularly those that matter most to US consumers, such as those for mortgages and car loans. Sales of new homes, as well as the rate of refinances, and car purchases all picked up in the wake of QE. Low rates also succeeded in pushing investors to the stock market, away from bonds, whose low interest rates were even less than inflation. This has led to the strong returns in US markets, with the S&P; 500 index on track for its best year since 1998. The Fed itself said in March that the asset purchase programme had had a "meaningful" effect in easing financial conditions. It estimates that the policy has boosted employment in the private sector by two million.
Were there any unintended consequences?
The Fed's main goal was to keep interest rates low in the US and boost economic activity at home.
But the policy encouraged investors to look overseas for assets that promised a better rate of return than US government debt. Some of those funds are now returning home. In fact, volatility on emerging markets in 2013 has been blamed on the threat of tapering. In June 2013, when Mr Bernanke made comments hinting that the taper was near, stock markets plunged, mortgage rates spiked and the rate of refinancing activity plummeted. When the expected taper did not come in September 2013, many accused Mr Bernanke and his fellow central bankers of bungling the communications and capitulating to markets, who continue to want low interest rates.
Not everything would be useful but at least something should be useful 😃
i cant apply in allahabad bank plz, help!
just now i called ibps for some enquiry while closing the call just i asked nouber of vacancies and number of candidates qualified for interview but they simply said said we are not going to reveal it...... though they have data with them
What probationary officer can do for increasing the bank's profit?? @vini2308 @HAKUNAMATATAAAA @disha2013
I have a doubt...In case someone gets selected after the interviews, how long do the banks take to give us actual joining...😠
can anyone predict general category cutoff for first list??
The ibps po-III corrigendum issued says computer literacy is not mandatory which means any candidate who is totally ignorant about computer is eligible and stands equal chance to qualify.but in the examination conducted by IBPS there was a section on computer and even there is a cutoff of 7 marks in this section.Imagine all the candidates those are ignorant on computer and were allowed by ibps to sit in the examination might have not qualified for interview for low marks in this section.hence the examination seems to be flawed.All those candidates who fall into this category of not qualifying due low marks in computer should take up the issue appropriately with IBPS or legally.
Is conduct certificate necessary? Bcoz few say it is but it is not mentioned in call letter right?
NEED HELP:
Hey I appplied as a NC-OBC candidate. The MRO(Mandal Revenue Office) guys still have not issued me a fresh OBC certificate. Will I be allowed for the interview or they treat me genaral category candidate? Also I've last 3 to 4 years' OBC certificates.
Is there any PAGAL who can explain?
Roll Over Debt?
Lucid and simple answer please!!! (as I dint understand that on investopedia 😠)
If asked in interview -
"Why not SBI ? Why IBPS ? And if you get an opportunity ahead to join SBI, will you ? Why, why not ?
@Gato @jumman014 @vini2308
PS: Don't say that SBI ka form hi nahi aaya tha sir 😛