The preliminary exam or the IBPS PO (Institute of Banking Personnel Selection, probationary officers) prelims, 2017, will be held on October 7, 8,14 and 15. While most of you must have started your preparations for the exams, it’s time you got to be a little more systematic. Abhishek...
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September 8, 2017 Loknath Das
Banking, Exam preparation
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Asset quality concerns continue to plague India’s banks, especially those owned by the government, and analysts expect June quarter’s pain to remain in 2017-18. Thirty-seven of the 38 listed banks that reported June quarter earnings till Saturday have posted a 24.3% rise in aggregate gross bad loans to...
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August 14, 2017 Loknath Das
Banking
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The Karnataka Development Authority (KDA) has asked senior bank managers working in the state to learn Kannada in six months or get sacked. The directive has been aimed at the non-Kannada speaking regional heads of nationalized, private and rural banks.The Authority also said that the day to day...
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August 8, 2017 Loknath Das
Banking
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Victims of bank fraud should accept the blame and not expect automatic refunds, the boss of RBS warned yesterday. Ross McEwan insisted it was not the responsibility of banks when customers give their account details – or money – to online scammers. He said it would be...
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August 8, 2017 Loknath Das
Banking
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When Bristol resident Sarah Neville got an email from her carpentersaying that he’d had a cancellation and he could start her long-discussed home renovations, it didn’t arouse the slightest suspicion. Emails had gone back and forth, and when he asked her to pay a £1,500 deposit she quickly went...
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August 8, 2017 Loknath Das
Banking
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Mark Carney: “You really have to hold your nerve and keep the focus.” The governor of the Bank of England has said the banking sector could double in size but still needs tough regulation. Mark Carney told the Guardian the financial sector could be worth 20 times the...
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August 4, 2017 Loknath Das
Banking
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