any one 12th September hyderabad panel 1 ??????
Guys its URGENT!!!
Can anyone explain me 5th point in interview letter.We have to bring a valid photo identity proof with attested by a gazetted officer and we have to also bring a Photograph/Identity card issued by as given in the official letterhead???
Can anyone explain me what it is actually saying???plzzz???
Guys one more query!!
We have to take only one photocopy of our marks and certificates right??
We don't have to take photocopies of certificate for each photocopy bio data form right,only for original bio data form na??
Friends..... do we need to take four photocopies of all the 10 pages of biodata form or only 4 pages upto that thumb impression page ??????
OROP :
It is a pension scheme for the armed forces personnel which was in existence till 1973. This scheme provided same pension for same rank and for the same length of service irrespective of the date of retirement which was the basis for determining the pension and benefits of the Indian Armed Forces till 1973. OROP was terminated by the government in 1973.
Then came the Koshiyari Committee - Bhagat Singh Koshiyari headed a committee which comprised 10 members (an all party parliamentary panel). It was formed in 2011. What were the recommendations of the committee? OROP should be implemented in the defence forces at the earliest and a separate commission should be formed to take decisions on pay allowances, pension, family pension etc. in respect of the defence personnel should be taken into the account by that committee. The committee recommended to absorb the Armed Forces personnel after their military engagement into other services of government which is a custom in countries like U.S. and China.
What would be the financial Implications?
Early estimates were around 3000crores for OROP.( by Ministry of Defence) Revised estimates vary between 8000 to 9000 crores. According to the Koshiyari committee the estimates for implementation of OROP were around 12000 crores.
Is OROP expensive for the government?
OROP is affordable by the government as it is a small fraction of the military pension budget. It includes about 4,00,000 defence civilians. Defence civilians, which includes the entire civilian bureaucracy in the ministry of defence ,retire at the age of 60 are mostly based permanently in Delhi and they are not covered by OROP.
Anyone on 9th 11AM panel no.2 Hyderabad??
From where you people got AICTE ID of your college?
Anyone having GD/PI on 15th in Bandra?
Guys... One Serious question!!! What If you get a GD topic that you have no clue whatsoever and you're asked to start the GD!!!! #WorstCaseScenario
Gold Monetization Scheme :
Objective of the gold monetization scheme is to:
- Mobilize the gold held by households and institutions in the country.
- Make it available to banks and Jewellers.
- Reduce gold imports and thus bring down CAD
- Improve liquidity in market. Most of the investment goes in unproductive assets like gold and real estate.
- Make customers gold secure and a performing Asset.
How is it different from previous schemes?
- Small amounts accepted.
- Gold in gold out (final payment after maturity in gold)
Concerns:
- Gold is held by Indians in the form of jewellery and they can be averse to deposit as it would be melted
- Infrastructural issues in implementing the scheme remains, like checking purity, delivery chains etc
people plz help! from where to get AICTE ID of post graduation college? Please reply ASAP!
Goodbye Guys leaving for Mumbai Toady ,Interview on 7th. Panel 2.😄
Ok , this is related to booking rooms, thought of helping out people here who want to save costs. If you are going for SBI/IDBI interview to a different city and staying for just 1 day,this can help. Thing with OYO Rooms [ low cost accomodation chain ] is as per their policy , they give room only from 12 PM afternoon that day to 11 AM next morning , so say you want the room from 6 am that morning to 6 pm the same evening, you ll have to pay rate for a full day + 500 rs/750rs [ depending on room type ] for early morning check in . First create account with your SMART PHONE,there while signing up, put this code -> LIZA-WPEF5M , it gives you rs 500 OYO Money. Now say if you are going to eg: Delhi for 1 day for interview, say 7th Sept , u ll get room only from 12 PM. So book for 2 days, 6th and 7th sept. At time of payment, use this coupon -> FNBLR, you ll get 1 day's charge off. If your room rate for a day is RS 1099, for 2 days it ll be Rs 2198. Here 2198 - 1099 [ 1 day off ] - 500 [ Joining Coupon ] = Rs 599 !!! So from 2198, it becomes Rs 599 , use it , you can thank me later :) ! Btw dont know if it works for all cities, just try it out , thank you , best of luck to all in the interviews !
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In this article, we would discuss Domestic Systemically Important Banks.
On August 31, the Reserve Bank of India (RBI) declared State Bank of India (SBI) and Industrial Credit and Investment Corporation of India (ICICI) as Domestic Systemically Important Banks (D-SIBs). This designation means that the two banks-India's largest public sector and private sector lender respectively-would be considered one of the pillars of India's economy and every effort would be taken to prevent their downfall, which would be a catastrophic blow to the economy.
This is the first time the RBI has identified any bank as D-SIB and will disclose the names of such banks every August.
What is systemic importance?
Banks assume systemic importance due to their size, cross-jurisdictional activities, complexity, non-substitutability and interconnectedness. Failure of such banks can significantly disrupt normal functioning of the banking system, and consequently, the overall economic activity. As they are critical for the uninterrupted availability of essential banking services, these banks are considered Systemically Important Banks (SIBs).
There is one official list of Global Systemically Important Banks (there are 30 G-SIBs as per the list updated in November 2014) and several Domestic Systemically Important Banks (D-SIBs) in each country.
Need for stricter policy measures for SIBs
- During the 2008 financial crisis, it was evident that issues faced by a handful of large and highly interconnected financial institutions hindered the orderly functioning of the financial system, thereby impacting the real economy.
- This necessitated government intervention to sustain financial stability in many jurisdictions. To enhance resilience of banks and banking systems after the crisis, a series of reforms called 'Basel III norms' were developed.
- However, the perception of SIBs being 'Too Big To Fail (TBTF)' lends them greater government support in times of distress and certain advantages in the funding markets.
- As this increases risk-taking, reduces market discipline, creates competitive distortions, and increases the likelihood of distress in the future, SIBs need to be subjected to additional policy measures beyond the Basel III norms.
- Therefore, in 2010, the Financial Stability Board (FSB) ordered that all member countries should have a framework in place to reduce risks attributable to G-SIBs. In November 2011, the Basel Committee on Banking Supervision (BCBS) developed an assessment methodology encompassing both quantitative and qualitative indicators to evaluate systemic importance of banks. The G20 leaders then requested that this framework be extended to D-SIBs as well.
RBI's methodology to identify D-SIBs
RBI has outlined a two-step process to select banks of systemic importance.
-Identification of banks for assessment: The RBI will firstly decide on a sample of banks to be assessed for their systemic importance.
- Computation of their systemic importance: The RBI's methodology will be similar (with a few alterations) to the indicator-based approach being used by the BCBS to identify G-SIBs. This includes the following parameters:
1. Size: The RBI considers size as an important indicator as the downfall of a bank will be more likely to damage the domestic economy and people's trust in the banking system if its activities constitute considerably large share of banking activities. Size will be given a weight of 40% while other three indicators will be given a weight of 20% each. Banks with assets exceeding 2% of the GDP will be added in the sample. Both on-balance sheet and off-balance sheet size will be considered.
2. Interconnectedness: Failure of one bank may increase the probability of failure of other banks if it has a high degree of interconnectedness (contractual obligations) with the others. This chain effect operates on the liability side as well as the asset side of the balance sheet. The higher the number of linkages and size of individual exposures, the greater is the systemic risk. Interconnectedness is further divided into three-intra-financial system assets held by the bank, intra-financial system liabilities of the bank and total marketable securities issued by the bank.
3. Substitutability: The failure of a bank will have greater damage to the financial system and real economy if certain critical services provided by the bank cannot be easily substituted by other banks. Its failure would disrupt the availability and range of services and infrastructure liquidity. Also, the costs to be shouldered by customers of the failed bank to get the same service at another bank would be much higher if the former had a greater market share in providing that particular service. Assets under custody, Payments made in INR using RTGS and NEFT systems and total amount of debt and equity instruments underwritten, are the three sub-indicators of substitutability.
4. Complexity: The more complex a bank is, the greater are the resources and time required to revive it. Three indicators of complexity of a bank are-(i) notional amount of over-the-counter derivatives (unlisted stocks, debt securities and other financial instruments traded through a dealer network and not a centralised exchange); (ii) cross-jurisdictional liabilities (liabilities of all offices-including headquarter, branches and subsidiaries in different jurisdictions-to entities outside the home market are taken into account besides liabilities to NRI's within the country) and (iii) value of securities held for trading, available for sale and designated as fair value.
SBI and ICICI - figures
- As of June 30, SBI's loan book carried a value of Rs.12.8 trillion while ICICI's loan book was close to Rs.4 trillion.
- SBI constitutes 16.3% of the total market capital of all listed banks whereas ICICI's share is 14.08%.
- As of June 30, SBI's gross non-performing assets (GNPAs) stood at Rs.56, 420.77 crore, constituting 18% of the total bad assets in the banking system, which amount to Rs.3.2 trillion. On the other hand, ICICI's GNPAs constitute only 5% of the total bad loans.
- SBI Tier I capital is at 9.62% as opposed to 7.00% required under the current guidelines. ICICI's Tier I capital was 12.26% at the end of June quarter.
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Guys one final look at the certificates to be taken: Correct me if i'm wrong or missed something
1) Biodata (original) with Self attested certificates
2) 4 copies of biodata without any certificates
3) All the original certificates set
4) One set of certificates-Attested
5) 2 Character certificates
6) 1 identity certificate and 1 Id proof
Did i miss anything??
someone pls explain PPP (purchasing power parity) in layman terms.Koi samja do
hello guys during school time, i participated in speech competition and stood first. Should i mention this in extra curricular activity ?
I also have certificate but in Hindi .... so kya english language main change krna pdega ya hindi main chal jayega ?
1*~ 10 12 22 52 120 ?