Features of newly introduced Rs.200 denomination Bank note

The Reserve Bank of India issued onAugust 25, 2017 Rs 200 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India from select RBI offices, and some banks. The new denominatio.....

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MARGINAL COST TO LENDING RATE (MCLR)

MARGINAL COST TO LENDING RATE (MCLR)By Mr. Raghunathan R, visiting Faculty, NIBFThe marginal cost of funds based lending rate (MCLR) refers to the minimum interest rate of interest of a bank below which it cannot lend. It varies from bank to bank jus.....

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why the banking sector is a preferred one for youngsters

Banking sector has always been an attractive option to aspirants from all backgrounds. This has never been truer than it is today. It offers a lot in the way of job security and pay. But these are not the only reasons to prefer jobs in banking. Here .....

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The demand for taking up a career in Banking Sector

The demand for taking up a career in banking, among young aspirants is rising than ever before!For a developing country like India, banks are considered as the backbone of the country's economy. The global turmoil in the financial segment that occurr.....

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Beware of Phishing and Online Frauds in Banking Transactions

We are moving towards a society which is getting more and more dangerous day by day and the most vulnerable, we can consider is Phishing and Online Frauds. There has been 87% increase in Phishing Scams since 2012, as described in a report by Security.....

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