Dearness Allowances, DA for Bank employees from 1st May 2022, as per 11th and 10th BPS

AICPIN – IW for March 2022 has been released by Labour ministry on 29.04.2022. After declaration of AICPIN-IW for January, February and March 2022, the DA hike for Bank employees from 1st May 2022 are known to us for 11th and 10th BPS. The IBA has also released the official circular of DA hike onContinue reading “Dearness Allowances, DA for Bank employees from 1st May 2022, as per 11th and 10th BPS”

Minimum balance requirement and charges for not maintaining QAB or MAB in Indian banks

In most of the Indian banks, if you have a bank account, you need to maintain a minimum balance amount per month or per quarter. If you fail to do so, you will be charged for not maintaining the minimum balance amount known as Quarterly Average Balance (QAB) or Monthly Average Balance (MAB). So, whatContinue reading “Minimum balance requirement and charges for not maintaining QAB or MAB in Indian banks”

Dearness Relief, DR hike of Bank Pensioners from Feb 2022 to July 2022

The AICPIN – IW (All-India Consumer Price Index Number – Industrial Workers) for December 2021 has been released on 31.01.2022, the last working day of January month, by Labour Bureau, under Ministry of Labour and Employment. Based on the AICPIN of October, November and December 2021, Dearness Relief (DR) hike from Feb 2022 to JulyContinue reading “Dearness Relief, DR hike of Bank Pensioners from Feb 2022 to July 2022”

Savings account interest rates comparison of SBI, ICICI, PNB, HDFC, BoB, Axis and other banks

Latest news and updates about bank accounts: 1. RBI has allowed Video-KYC and extension of non-KYC bank accounts operation up to 31st Dec’21: On 5th may, RBI in a circular allowed banks and Financial Institutions to furnish periodical KYC over video and even if some one is not having KYC-compliance as on date, no restrictionsContinue reading “Savings account interest rates comparison of SBI, ICICI, PNB, HDFC, BoB, Axis and other banks”

New FASTag online buy, FASTag replacement, FASTag recharge, Fastag FAQ

Latest News updates on Fastag: NHAI has issued an order to not to pay toll if queue is more than 100 meter long at toll plaza on 26th May 2021. It want to reduce waiting time at the toll plaza to 10 seconds per vehicle. For that a yellow line will be marked at 100mContinue reading “New FASTag online buy, FASTag replacement, FASTag recharge, Fastag FAQ”

Fixed deposit interest rates of SBI, PNB, BoB, Canera, UBI, Indian, IOB, Uco, BoM, PSB, BoI, CBI

After RBI’s change in monetary policy, most of the banks usually revise their Fixed deposit interest rates in synchronization with RBI. Here we have compared all the 12 public sector banks or nationalized banks – SBI, PNB, BoB, Canera bank, UBI, Indian, IOB, Uco, BoM, PSB, BoI, CBI fixed deposit interest rates at one place.Continue reading “Fixed deposit interest rates of SBI, PNB, BoB, Canera, UBI, Indian, IOB, Uco, BoM, PSB, BoI, CBI”

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