India Stuff

[caption id="attachment_2476" align="alignright" width="130" caption="RBI Credit Policy"][/caption] The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. The Central Office of Reserve Bank situated in Mumbai. The following are the highlights of the RBI's second quarter review of monetary policy, unveiled by Governor D Subbarao on October 27, 2009. Rates: Bank rate left unchanged at 6 per cent Repurchase rate left unchanged at 4.75 per cent Reverse repurchase rate left unchanged 3.25 per cent Cash reserve ratio left unchanged at 5 per cent Statutory liquidity ratio hiked to 25 per cent from 24

[caption id="attachment_661" align="alignright" width="92" caption="SBI Bank"][/caption] State Bank of India is the largest bank in India. The bank traces its ancestry back through the Imperial Bank of India to the founding in 1806 of the Bank of Calcutta, making it the oldest commercial bank in the Indian Subcontinent. Reserve Bank of India taking a 60% stake, and renamed it the State Bank of India. In 2008, the Government took over the stake held by the Reserve Bank of India. The State Bank Group, with over 16000 branches, has the largest branch network in India. With an asset base of $250 billion and

[caption id="attachment_2088" align="alignright" width="88" caption="HDFC Netbanking "][/caption] HDFC bank allows you to access your account on HDFC Netbanking. The customer of the HDFC bank can access and manage your HDFC account and do secure transactions online with the net banking facility. It service providing up-to-the-second account information. HDFC Bank Ltd is a commercial bank of India, incorporated in August 1994, after the Reserve Bank of India allowed establishing private sector banks. The Bank was promoted by the Housing Development Finance Corporation, a premier housing finance company (set up in 1977) of India. The Bank has 1,412 branches. The HDFC Bank has

[caption id="attachment_2089" align="alignright" width="88" caption="HDFC Bank"][/caption] HDFC Bank Ltd reported a slowing of year-on-year net interest income (NII) growth to 4.8% in the September quarter from 7.7% in the June quarter. It reported a 36.4% drop in trading profit as well, compared with the June quarter. The Banks net profit grew by 30 per cent to Rs 687 crore in the second quarter ended September 30, 2009, against Rs 528 crore in the same period last year. HDFC Bank Ltd is a commercial bank of India, incorporated in August 1994, after the Reserve Bank of India allowed establishing private sector banks.

[caption id="attachment_2475" align="alignright" width="82" caption="Statutory Liquidity Ratio"][/caption] Statutory Liquidity Ratio or SLR refers to the amount that all banks require to maintain in cash or in the form of Gold or approved securities. The quantum is specified as some percentage of the total demand and time liabilities of the bank and is set by the Reserve Bank of India. SLR it restricts the bank’s leverage in pumping more money into the economy. On the other hand, CRR, or Cash Reserve Ratio, is the portion of deposits that the banks have to maintain with the Central Bank. The Statutory Liquidity Ratio is

[caption id="attachment_2103" align="alignright" width="99" caption="Kotak Mahindra Bank "][/caption] Kotak Mahindra Bank was established in 1985 with the name Kotak Mahindra Capital Management Finance. The Kotak Mahindra group registered office at Nariman Bhavan, Nariman Point, in Mumbai. The Bank’s current chairman is K.M. Gherda and Uday Kotak as Executive Vice Chairman & Managing Director. Shankar Acharya is the chairman of board of Directors in the company.The Bank is one of the topmost financial conglomerates that offer financial solutions encompassing each and every aspect of life. The Kotak Mahindra Finance Ltd, the group's flagship company was given the license to carry on

Recruitment for total 79 seats in the RBI. Vacancies in RBI and Forms are available at the RBI website. Officers in Grade ‘B’: 79 posts [caption id="attachment_193" align="alignright" width="47" caption="SBI Recrutment"][/caption] (UR-39, SC-11, ST-6, OBC-23) (PH-7) Application Fees: Rs.100/- (Rupees one hundred only) for each application. No fee is payable by SC/ST/PH candidates. Fee is payable by Demand Draft favoring Reserve Bank of India and payable at Mumbai only. Age Limit: between 21 to 30 years Pay Scale: Rs.13700-24400 Educational Qualification: Bachelor Degree with minimum 60% or Master Degree with minimum 55% or Doctor Degree with minimum 50%. Apply: Applications in the prescribed format and completed in

[caption id="attachment_2445" align="alignright" width="150" caption="Bank of India Result 2009"][/caption] The Bank of India was established on 7 September 1906. The Bank is Government-owned since nationalization in 1969.Its headquarters is situated in Mumbai. The bank has about 2,884 branches including 27 branches outside India. The Bank of India has been announced the results of various post recruitment 2009. The candidates who want to check the result on the Bank of India website.

[caption id="attachment_2468" align="alignright" width="107" caption="South Indian Bank"][/caption] South Indian Bank Limited is a commercial bank of India. The Bank headquartered is situated in Thrissur city of Kerala state. The South Indian Bank has 545 branches and over 295 ATMs all over India. The South Indian Bank's shares are listed on three stock exchanges in India namely BSE, NSE and CSE - The Cochin Stock Exchange Ltd. Since its set up bank has covered many milestones such as- first among private sector banks to become a scheduled bank in 1946 under the RBI Act, first private sector bank to open a NRI

[caption id="attachment_1377" align="alignright" width="117" caption="Saurashtra Gramin Bank"][/caption] Saurashtra Gramin Bank is a regional rural bank, established under rrb act. It is A joint venture of Govt. of India, Govt. of Gujarat & State Bank of India. The Bank held the examination for the recruitment of Clerks and Officers in 9th August 2009. The Result of Saurashtra Gramin bank recruitment of Clerks and Officers has been published. The result well be available on SGB official website.