Government Mulls Merger of Regional Rural Banks with Indian Post

Post merger of Public Sector Bank, Government is planning to merge all the regional rural banks (RRBs) with loss making Indian Post. It is also said that  At one point, government was thinking to keep only two banks i.e. State Bank of India and the pr…

FM Said Public Sector Banks are Only the Facilitator for Loans

Finance Minister of India said that the public sector banks are just the facilitator for the government sponsored loans and they must follow the instructions provided to them by the ministry. Banks are not authorized to judge the viability of the loan…

Why Should We Wait for 90 Days to Settle 11th BPS ?

11th BPS is agreed with 15% hike and arrears payment since 1st Nov 2019 and it is also decided to sign the MOU within 90 days.  Know the real reason behind demanding the time frame by AIBOC & AINBOF.  Also Read -   11th BPS Settled on 15% Pay Hike…

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