One State One RRB News

One State One RRB News The “One State One RRB” project is changing how rural banks work in India. The government is working hard to finish this by March 2025. They are teaming up with different groups, including the Reserve Bank of India and the National Bank for Agriculture and Rural Development. This plan will … Read more

BANK WISE EXPECTED PLI FY 2023-24

BANK WISE EXPECTED PLI FY 2023-24
BANK WISE EXPECTED PLI FY 2023-24
SL BANK NAME PLI (EXPECTED)
1 Bank of Baroda 15 DAYS PLI
2 Bank of India 5 DAYS PLI
3 Bank of Maharashtra 15 DAYS PLI
4 Canara Bank 10 DAYS PLI
5 Central Bank of India 5 DAYS PLI
6 Indian Bank 10 DAYS PLI
7 Indian Overseas Bank 10 DAYS PLI
8 Punjab National Bank 10 DAYS PLI
9 Punjab & Sind Bank 5 DAYS PLI
10 State Bank of India 10 DAYS PLI
11 Union Bank of India 10 DAYS PLI
12 UCO Bank 5 DAYS PLI
* NOTE THESE ARE EXPECTED FIGURES ACTUAL FIGURES MAY VERY

 

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BANK WISE EXPECTED PLI CALCULATOR

Performance Linked Incentive (PLI) in Public Sector Banks is a bonus given based on how much profit the bank makes.

The bonus is given to all employees once a year, on top of their regular salary.

The amount of bonus each employee gets depends on the bank’s yearly performance. This is decided using a PLI chart. Employees receive a number of extra days’ pay (Basic salary plus Dearness Allowance) according to where the bank’s performance falls on this chart.

Special Mention Accounts

In the complex world of banking, where decisions are based on numbers, there’s a term called Special Mention Accounts (SMAs) that’s quite important but often overlooked by regular account holders.   Although it might seem like fancy banking language for experts, knowing about SMAs is really important for both people borrowing money and the banks … Read more

CASH DEPOSIT THROUGH UPI (APRIL 2024)

CASH DEPOSIT THROUGH UPI

In a recent meeting, the Reserve Bank of India (RBI) introduced new proposals aimed at improving the ease of cash deposit and facilitating digital payments through Unified Payments Interface (UPI). These initiatives, announced by RBI Governor Shaktikanta Das, seek to streamline banking operations and promote digital transactions.   FACILITATING CASH DEPOSITS THROUGH UPI   Traditionally, … Read more

DA FOR BANKERS FROM MAY 2024 (EXPECTED 48.79%) LATEST

DA FOR BANKERS FROM MAY 2024

Dear Bankers welcome to Finance Diary. In this article you will get to know about expected DA FOR BANKERS FROM MAY 2024 is 48.79%. Dearness Allowance (DA) is a crucial aspect of a bank employee’s salary, ensuring their financial stability. It is designed to counteract the effects of inflation, thereby maintaining the purchasing power of … Read more

CHAITANYA GODAVARI GRAMEENA BANK

Chaitanya Godavari Grameena Bank (CGGB) is a regional rural bank established under the sponsorship of Andhra Bank. It primarily operates in the states of Andhra Pradesh and Telangana, catering to the banking needs of rural and semi-urban areas. CGGB plays a crucial role in promoting financial inclusion and rural development by providing banking services to … Read more

DAKSHIN BIHAR GRAMIN BANK IFSC CODE (PUNB0MBGB06)

DAKSHIN BIHAR GRAMIN BANK IFSC CODE

The Dakshin Bihar Gramin Bank is one of the Regional Rural Banks in India. Dakshin Bihar Gramin Bank IFSC Code, represented by PUNB0MBGB06, is a crucial identifier for every branch of Dakshin Bihar Gramin Bank across India. Assigned by the Reserve Bank of India (RBI), this code facilitates electronic fund transfers, making transactions smoother and … Read more

BARODA UP GRAMIN BANK IFSC CODE -BARB0BUPGBX (2024)

BARODA UP GRAMIN BANK IFSC CODE

In this article we will provide the information related to the BARODA UP GRAMIN BANK IFSC CODE is BARB0BUPGBX. Further we will explore the IFSC code associated with Bank of Baroda’s branch located in the Baroda Uttar Pradesh Gramin Bank, Head Office, A-1, Civil Lines, Raebareli: 229 001, Uttar Pradesh. The Regional Rural Banks were … Read more

MADHYA BIHAR GRAMIN BANK IFSC CODE -PUNB0MBGB06 (2024)

MADHYA BIHAR GRAMIN BANK IFSC CODE

In this article we will provide the information related to the Madhya Bihar Gramin Bank IFSC Code is  PUNB0MBGB06. MBGB is a regional rural bank operating primarily in the state of Bihar, India. Dakshin Bihar Gramin Bank IFSC Code is PUNB0MBGB06. Among the essential components of banking transactions facilitated by Madhya Bihar Gramin Bank is … Read more