Page-11 of Banking in India Current Affairs, GK & News

RuPay cards will be acceptable at all PoS by January, 2013: NPCI

As per National Payment Corporation of India (NPCI), RuPay cards will be acceptable at all PoS (Point of Sales) terminals in the country from January, 2013. What are RuPay cards? RuPay card is a domestic debic card, launched by NPCI in April 2011. The card provides a platform to carry out electronic transactions at PoS ..

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Anup Sankar Bhattacharya is the new Director of IBPS

Anup Sankar Bhattacharya has been appointed as the Director of the Institute of Banking Personnel Selection (IBPS). He took the place of M Balachandran.  Mr.Bhattacharya was the part of Advisory Board of Central Vigilance Commission. He was overseeing security issues at IBPS. After the abolition of Banking Services Recruitment Board, IBPS plays a pivotal role ..

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Government rejects Fitch ratings

Lashing out at global rating agencies for reducing credit outlook of Indian banks, the government held these bodies are fully capitalized and there is nothing to worry about them. Finance Minister Pranab ruled out the Fitch revision enunciating that the rating was based on "older data" as it disregarded recent positive trends. Fitch modified downward ..

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Banks to Create “Unique Customer Identification Code”

The RBI has asked all banks to generate a Unique Customer Identification Code (UCIC) for each of their customers. Objective: The Unique Identification Code will fortify Know Your Customer (KYC), Anti-Money Laundering (AML) and Combating the Financing Of Terrorism (CFT) instruments. Since it will take a long time to generate entire KYC Registry, banks are ..

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IBPS →CWE (PO/ Management Trainees-II) Recruitment 2012 Guide

The Institute of Banking Personnel Selection (IBPS) is going to conduct the 2nd Common Written Examination (CWE- PO/ MT- II) for recruitment of Probationary Officers/ Management Trainees post in 19 public sector banks of India. The tentative date of examination is 17 June 2012. This article gives the candidates, a preliminary information about the examination ..

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