Expected Dearness Allowances, DA for Bank employees or Bankers from 1st November 2022

AICPIN – IW for August 2022 has been released by Labour ministry on 30.09.2022. After declaration of AICPIN-IW for July, August and September 2022, the DA hike for Bank employees or Bankers from 1st November 2022 will be known to us for 11th and 10th BPS. Expected DA hike for bankers from 1st November 2022Continue reading “Expected Dearness Allowances, DA for Bank employees or Bankers from 1st November 2022”

Comparison of Fixed deposit interest rates of 12 Govt. banks like SBI, PNB, BoB, Canara and others

After RBI’s change in monetary policy, most of the banks usually revise their Fixed deposit interest rates in synchronization with the policy of RBI. Here, we have compared all the 12 public sector banks or nationalized banks’ fixed deposit interest rates of SBI, PNB, BoB, Canara bank, UBI, Indian, IOB, Uco, BoM, PSB, BoI, CBIContinue reading “Comparison of Fixed deposit interest rates of 12 Govt. banks like SBI, PNB, BoB, Canara and others”

Dearness Relief, DR hike of Bank Pensioners from Aug 2022 to Jan 2023

The AICPIN – IW (All-India Consumer Price Index Number – Industrial Workers) for June 2022 has been released on 30.07.2022, the last working day of July month, by Labour Bureau, under Ministry of Labour and Employment. Based on the AICPIN of April, May, June 2022, Dearness Relief (DR) hike from August 2022 to January 2023Continue reading “Dearness Relief, DR hike of Bank Pensioners from Aug 2022 to Jan 2023”

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”

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”

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