Banking Awareness Practice Tests for IBPS Clerks Online Exam - Set 13

The Small Industries Development Bank of India, the principal financial institutions for promotion, financing and development of industries in the small scale sector, started its operation in ____________

1. 1990
2. 1993
3. 1988
4. 1994
5. 1998

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Catholic Syrian Bank Recruitment of Probationary Assistant Managers

Friends the Catholic Syrian Bank, one of the oldest and esteemed private sector bank with its head office situated in Thrissur City of Kerala is inviting applications from eligible Indian citizens for filling up the posts of Probationary Assistant Managers in Grade-I (Scale-I). There are 300 posts in total. No IBPS Score required to apply. You can apply online from 30th October to 10th November 2013. Check remaining details below.

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Failure Story - Jisha G. Nair

Dear friends, we have read many success stories so far. It is nice to read success stories of people and finally you will get the names of the books they referred,  coaching institutes they joined, gods they prayed, hours they prepared, pens and pencils they used etc... It will not help us unless and until we realize and evaluate ourselves (Why do we compare ourselves with some X or Y by the way ? we don't know their levels after all). We read their success stories and finally we end up saying.. dude, S/He is lucky...  So S/He got the job... Whats the reason behind this ? Because we don't know about their failures!!! We don't know how hard they tried for that success, how many sleepless nights they spent for that success...... Friends, behind every successful story there is an embarrassing failure.... which brings a struggle in mind, few sleepless nights and... finally.... the zeal to win... 

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KVB Assistant Manager (Scale-1) Results Out

The Karur Vysya Bank(KVB) has announced the written exam results of Asst Managers Scale I. Earlier the bank has invited online applications for filling up the above mentioned post from 7th to 17th August 2013 and later conducted online examination on 14th September 2013. Now it has came out with the list of successful candidates in the online exam. The bank will individually send the interview call letters to all the shortlisted candidates. You can check complete details below. All the Best :)

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Current Affairs Updates - 25th to 28th October 2013

International Affairs

• The UN-Arab League envoy to war-torn Syria said on Saturday in Tehran that Iran's participation in international peace talks on the conflict was "necessary," Mehr news agency reported.
• A radio documentary about domestic violence and other related issues in the Australian-Indian community has won a prestigious United Nations Association of Australia (UNAA) media award.
• Investing in chasing healthcare frauds is proving to be a goldmine for the US government. In 2012, the US department of justice (DoJ) recovered a record $3 billion plus in settlement and judgments in civil cases involving healthcare fraud against the government.

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RBI Assistants Final (Online Test and Interview) Results are Out

Good News friends, on the basis of performance of the candidates in the Online test and interview, the Reserve Bank of India (RBI) has released the list of provisionally selected candidates for the posts of Assistants. Earlier the RBI has conducted the Online Examination for the recruitment of Assistants on 20th, 21st, 27th and 28th of July 2013. Later it conducted interviews for the shortlisted candidates in September. Now it has came out with the final list of selected candidates. Check remaining details below. All the Best :)

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Achievements of SEBI

Friends, in our previous posts we have discussed about the Introduction and the important roles of SEBI. In this post we shall discuss about the major achievements of SEBI. 

The following are the major contributions of SEBI.

1. Enhancement of Corporate Governance : SEBI has taken steps to enhance the level of corporate governance. 

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RBI raises Interest Rates again

The Reserve Bank of India Governor Raghuram Rajan has presented his second monetary policy review today (29th October 2013 - Tuesday). In it he raised the Repo Rate, at which the central bank lends to banks by 25 basis points (bps) to 7.75 percent to fight stubbornly high inflation (earlier it was 7.50% which was continuing since  20th September 2013). He also slashed the Marginal Standing Facility (MSF) rate by 0.25 to 8.75 percent. He left the Cash Reserve Ratio (CRR) and statutory liquidity ratios unchanged at 4 percent and 23 percents respectively. Many things have changed over the last six weeks after his first review. The most important is the rupee’s movement against the dollar. The currency has pulled back about 10 percent from its life low of 68.80 against the greenback. Lets wait and the advantages this new changes will bring.

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Role of SEBI in Regulating Capital Market

Friends, in our last post we have discussed about the basic details about the Securities and Exchange Board of India (SEBI) along with its objectives and functions.  In this post we shall discuss about Role of SEBI in Regulating Capital Market.

SEBI has played a significant role in regulating capital markets since its inception. It was mainly set up with two main objectives. those are  

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Securities and Exchange Board of India (SEBI) - Introduction

The  Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India. SEBI was initially established as a non statutory body in April 1988, to regulate the working of stock exchange. Later it was given a statutory status on April 1992 via SEBI Act, 1992 with the following objectives.

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