Competition ZENITH

Today the State run IDBI Bank raised Rs2,310 crore via green bonds. With this, IDBI has become the first state-owned commercial bank to raise $350 million by selling green bonds. The proceeds will be used for refinancing of clean energy projects assisted by the bank which include wind energy, solar energy etc. But what these Green Bonds really are? Let us understand them in detail.

Written by - Competition Zenith Dear Readers, As many of you have cleared Bank PO and Bank So as well or going to write both the exams  next time. We must congratulate you in clearing two of the most elite bank exams in India. We know that it must be a matter of great confusion and concern that which job is good for you. So we have made a detailed analysis of both the jobs for you. with their pro and cons. It is now up to you to decide. Happy reading. Probationary Officer (PO)/Management Trainee (MT) A Probationary officer (PO) or a Management Trainee (MT) is the first level to enter the banking world. He or she reports to immediate seniors who evaluate his performance in the tasks assigned to him. Initially, a Probationary Officer can be assigned any work from a wide gamut of ongoing banking activities. Normally the probation period is of two years in which the officer is exposed to different types of banking related works. In some banks, the duration may be limi...

In Banking Exams, sometimes questions are asked regarding Banking Acts In India . Here, at Competition Zenith , we are providing you a lists of Acts/Laws being administered by Department of Financial Services . Serial Name of The Act Year 1. Negotiable Instrument Act 1881 2. The Bankers’ Book Evidence Act 1891 3. The Reserve Bank of Inda Act 1934 4. The Industrial Finance Corporation of India Act 1948 5. The Banking Companies (Legal Practitioner Clients’ Accounts ) Act 1949 6. The Industrial Disputes (Banking And Insurance Companies) Act 1949 7. The Banking Regulation (Companies) Rules 1949 8. The Banking Regulation Act 1949 9. The State Financial Corporations Act 1951 10. The Reserve Bank of India (Amendment And Misc. Provisions) Act 1953 11. The Industrial Dis...

Hello Readers, As many of you have cleared IBPS PO and are a step away from getting in the professional arena. The first and for most question will be how much salary i will be getting after becoming a P.O. ? Here we have compiled the Salary structure of a bank PO along with the original salary slip of Bank of Baroda PO it will help you summarise the current salary of a PO.  NOTE -  The salary will vary a little cosidering the place of your joining. The 10th Bi partite agreement is not taken in the consideration as it's not yet implemented and on implementation the salary of a  Bank PO will increase by atleast 4k - 5k. S. NO  Particulars  Monthly Annual 1 Basic 14500 174000 2 DA (@ 110.10% in April 2015) 15965 191580 3 City Compensatory Allowance (CCA). 540 6480 4 HRA (@8.5% of Basic) 1232 14784 Deductions ...