Target RBI Grade B 2025
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Updates about RBI Grade B, RBI Assistant and SEBI Grade A, NABARD Grade A, Grade B and Development Assistant Exams and latest news regarding important Economy, Banking and Finance developments.
Managed by Ex.Manager, Reserve Bank of India.
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Target RBI Grade B 2025
After so many months, family time in Mumbai! I don’t watch cricket, first I will take few pics with some players (if possible) and then check who is he!πŸ™‚πŸ˜‚
Identified one player in the hotel, Naseer Hussain, British Cricket Commentator and Former England Cricket Team Captain!
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Australian Team is leaving for Match!
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Bollywood legend Amitabh Bachchan has responded to a viral deepfake video featuring actress Rashmika Mandanna and called for legal action. Deepfake technology is raising concerns as it can manipulate videos to create false and potentially damaging content. Bachchan's stance emphasizes the need to protect individuals from such malicious practices. His statement has ignited a debate on the ethical use of technology and the importance of safeguarding personal integrity in the digital age. This incident sheds light on the growing challenges associated with digital manipulation and the necessity of stricter regulations to combat its harmful consequences.
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Very Bad News For Freshers!😒
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Forwarded from ABC ABC
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Most of the guys have gone through the similar phase! But this is super clean!
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Guess how many Banks/ NBFCs faced monetary penalties by RBI in the month of October 2023?









Answer: 48!! Yes, 1 Payment Bank, 4 Schedule Commercial Bank, 6 NBFCs, and 37 Cooperative Banks!

This number is 21 for the month of September, where 3 scheduled commercial Banks, 3 NBFCs, and 15 Cooperative Banks were penalized!!
 
For Schedule Commercial Banks, the offense ranged from KYC related: Multiple customer IDs, proper CDD not done for Sole Proprietor firms, eKYC accounts not being regularised on time, and not having proper software for transaction monitoring in the account.

To SWIFT-related- created Financial/Nonfinancial message without first underlying CBS entry.
 
Customer Service Related: failed to ensure that customers were not contacted after 7 pm and before 7 am, interest rates on FD not matching with interest rate chart being shared…

And, one training of recovery agents related…

The penalty ranged from β‚Ή 30 Lakhs to β‚Ή12 Crore ...

Scheduled Commercial Banks penalized in 2023 ....

1.   Standard Chartered Bank-India
2.   Karur Vysya Bank Ltd
3.   Bank of Baroda
4.   Federal Bank Ltd
5.   Axis Bank Ltd
6.   Indian Bank
7.   RBL Bank Limited
8.   Punjab National Bank
9.   Central Bank of India
10.        Union Bank of India
11.        Punjab & Sind Bank
12.        State Bank of India
13.        Bank of Maharashtra
14.        Indian Bank
15.        Indian Overseas Bank
16.        RBL Bank Limited
17.        Jammu and Kashmir Bank Limited
18.        Canara Bank
19.        Kotak Mahindra Bank Limited
20.        ICICI Bank Ltd

Check out the detailed document. A must-read for all bankers.....

Should also be added in trainings of new bankers..
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πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯I am not saying that SIDBI job is not a good job, for unemployed person all jobs are good but when you have choice then one job is better than other job. So, when you have multiple jobs in hand then take correct guidance and join better job.
In the past, some people have selected RBI Assistant Over many officer level jobs like NABARD Grade A, ECGC PO, SIDBI Grade A, Bank Scale 2 and 3 also.
Many of you don’t know the ground reality and there are high chances that you wont select relatively better job.πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯
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I need some help for my friend. He has some work at EPFO Bandra Mumbai Office. If someone is working in this office then please message me.
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You can join this live class if you have enrolled for the course.
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