SBI PO Delhi LHO Panel 3 Sep 15 : Jo #Chalploos jate tym Doc Verification walo ke pair choo rhe the ab puchho unse cut off kitna jaega ?
result date decide karne wale 'vipul mathur' kaha gye bhai, aaja ab tumhari jarurat aan padi h
Ye @anandmanish007 ka farzi calculation hai
Asli calculation aisa hai:
Last year the cutoff was 112.
2014- Multiply all the non-zero digits. 2x4x1= 8.
112/8= 14. So, 14 is our factor number.
This year, 2x5x1= 10. So, the written cutoff will be 140. No doubt.
Normalized cutoff, last year: [112/2 - (1+1+2)^2/20] = 56-0.8 = 55.20
This year: [140/2 - (1+4+0)^2/20] = 70 - 1.25 = 68.75
is it true that if a reserved candidate scores more than the unreserved candidates cut off then he is given the unreserved seat? #justasking
With the way SBI is rushing this whole recruitment process.. can we expect the final result in 1st week of October? (Considering the actual GDPI was scheduled in 3rd week of September and Final Results in 3rd week of October)..
For those who are comparing this year's paper with last year. Last year no one was anticipating anything about the paper. DI tough aayi and students panic kar gaye. But this year most of the students were presuming that paper would be same as last year's, especially DI. Baccho ne Reasoning mai time invest jyada kiya and jab DI par aaye toh they didn't have much time to solve it. Although this year's paper was a bit easier (DI moderate thi) but because of DI phobia most of the students couldn't attempt much in DI section. So according to me Jyada variation nhi aaega is year and last year ki cut off mai.
Anyone here who found people in there gd/pi panel having attempts less than 100. I had one with 99 attempts ( This post only for Unreserved or General Candidates)
Now as the gd pi round is over. Let me share some important points.
A. Last year sbi po had less no. Of seats plus people were called in ration of 1:4 if I am right. This time approximately 1:2. So this means u have to kick just one person ass to be in.
B. Your written marks in objective test is important compared to descriptive. Because 99% of guys in descriptive gets between 30-35.
C. Guys who attempts are not greats or not above 125. No worries. Even guys with attempts between 110-125 stands good chance with avg. Gd because in the end the ratio is 1:2 is for calling up the students. But ur gd and pi marks become very important.
D. I absolutely agree that some people that last year cut off was low as no one expected such high level di and people got shocked. But again even if this year the people would have been called in 1:4 ratio...I bet there would have been people with attempts in 80s too.
E. Now what to support my point D? Just Because of the cut off preilems. It wa not high. After doing the paper I found paper easy and I though this time it's gonna be around 55 at-least. And it was like 47. Way below for selecting just 40k people for mains.
F. I have done 153 in sbi mains. But I feel sympathy for guys with less than 125. Because many of them were demotivated in my gd-pi panel who had low attempts. You all of great chance, I tell you. When result will come u fill find people with even less than 120 attempts making to final list.
Best of luck everyone.
Puys seats mote than 2000 ...general seats 812 ....total reservation toh kewal 49.5 percent hai.. Ye unreserved seats below 50 % kaise hai...
Agar gd/pi clear nahi hua to relatives bolege itna interview clear nahi hua... ab unko kon samjye ye cut off ki maya-jaal.. jisme written+desc+gd+pi jese chakrvyhu hey
Aaj sun ulta dikh raha hai, lagta hai cut-off last year ka ulta hoga!! XD
Have started Preparing for IBPS PO now prelims now looks so lame.
Just wasting your time in waiting for result can hamper performance,this I have faced during IBPS PO 4 and what happened BABA JI KA THULLU and then cleared Insurance AO written exams by scoring just above cut off.
So people stop fretting about SBI PO,IDBI MANIPAL PO and RBI ASSISTANT results and start preparing for IBPS PO,when result will come some of us will get into but some will not.
So Prepare Well!! 😃
SBI also recruits people on contract basis, does anyone has any idea about that? Also, what is the process, do they recruit directly from campus or through advertisement.
i think now candidates who secured between 90 to 110 in mains need a miracle to get selected as everyone's interview went good and almost all scored above 130. buhuuuuuuu..yeh bhi gaya...
Ye backlog vacancies kya hoti hey..
Interview me jo baatein candidates ko link kar rahi thi...
Saare log rajasthan se the so jaan pehchaan wale bhi mil gaye
Kuch aapke centre ke hi bande the jo exam me mile the
Saare engineer the to aapke junior senior bhi the
Kuch sbi asso ke gd/pi me bhi mile the ab yaha dubara mil gaye...
Saare log pagalguy follow karte h so naam ke peeche ke log bhi aaj mil gaye
RBI grants in-principle licences to 10 small finance banks
General Knowledge and Current Affairs are an important component of many competitive exams, such as the UPSC Civil Services Examination, SSC CGL Exam, Bank PO & other PSU entrance tests, etc. Therefore, understanding the concepts/terms/events that are significant in our daily lives is critical for aspirants. To make your preparation easier and to help you score better in your exams, we at PaGaLGuY bring you brief articles on important phenomena, concepts and events. Spend just 15 minutes every day on pagalguy.com and score at least 10 more marks in your General Studies paper!
To access all the content available on PaGaLGuY, login tohttp://www.pagalguy.com/
In this article, we would discuss about small finance bank licences.
Taking forward its efforts to maximise financial inclusion, on September 16 the Reserve Bank of India granted 'in-principle' small finance bank (SFB) licences to 10 entities. The core objectives of SFBs would be to increase savings vehicles and provide credit to small business units, small and marginal farmers, among others through high technology low cost operations.
Chosen applicants
The central bank received 72 applications for SFBs, which included non-banking financial institutions (NBFCs), micro finance institutions (MFIs) and local area banks (LABs).
Out of the 10 entities picked, 8 are MFIs, namely - Disha Microfin Private Limited, Ahmedabad, Equitas Holdings P Limited, Chennai, ESAF Microfinance and Investments Private Limited, Chennai, Janalakshmi Financial Services Private Limited, Bengaluru, RGVN (North East) Microfinance Limited, Guwahati, Suryoday Micro Finance Private Limited, Navi Mumbai, Ujjivan Financial Services Private Limited, Bengaluru, and Utkarsh Micro Finance Private Limited, Varanasi.
The remaining 2 are Au Financiers, an NBFC and Capital Local Area Bank, the largest local area bank in Jalandhar.
The 'in-principle' approval will be valid for 18 months during which the applicants need to fulfil the requirements under the guidelines and other conditions as may be stipulated by the RBI.
The central bank's statement read, "On being satisfied that the applicants have complied with the requisite conditions laid down by it as part of in-principle approval, the RBI would consider granting them a licence for commencement of banking business under Section 22(1) of the Banking Regulation Act, 1949." They cannot begin banking operations until regular licence is issued.
Features of SFBs
1. SFBs can carry out basic banking activities like accepting deposits and lending credit.
2. Their main focus will be to lend to the unbanked and underbanked sections.
3. SFBs are permitted to give out mutual funds, insurance and pension products.
4. SFBs cannot set up subsidiaries to undertake non-banking financial activities.
5. Any financial and non-financial services activities of the promoters should not mingle with the bank's regular working.
Guidelines laid down by the RBI
1. The minimum paid-up equity capital shall be Rs.100 crore.
2. Like regular banks, SFBs would have to maintain CRR and SLR with the RBI.
3. 75% of SFBs' adjusted net bank credit (ANBC, which is defined as net bank credit plus permitted non-SLR investments held in the held-to-maturity category or credit equivalent amount of off-balance-sheet exposure, whichever is higher) extended to priority sector and have atleast 25 branches in unbanked rural areas.
4. 50% of loan portfolio to constitute loans & advances of upto Rs.25 lakh
5. The maximum loan size and investment limit exposure to a single and group obligor would be restricted to 10 per cent and 15 per cent of its capital funds
6. The promoter's minimum contribution to the SFB's paid-up equity capital should be 40% in the initial 5 years. The stake should be reduced to 30% within a period of 10 years, and to 26% within 12 years.
7. Within 3 years of reaching Rs.500 crore net worth, it would be mandatory for the banks to have their shares listed on the exchange.
8. The total foreign investment allowed would be upto a maximum of 74% of the paid-up capital of the bank.
To get fresh updates about different exams on your Facebook & Twitter timelines, subscribe to our pages created specifically for them. We will post only exam specific links on these pages:
Bank PO:
Facebook: https://www.facebook.com/pagalguybankpo
Twitter: https://twitter.com/PaGaLGuYBankPO
SSC - CGL:
Facebook: http://www.pagalguy.com/ssc
Twitter: https://twitter.com/pagalguyssc
UPSC:
Facebook: https://www.facebook.com/pages/Pagalguy-UPSC/951926044840262
Twitter: https://twitter.com/PaGaLGuYUPSC
General Knowledge and Current Affairs are an important component of many competitive exams, such as the UPSC Civil Services Examination, SSC CGL Exam, Bank PO & other PSU entrance tests, etc. Therefore, understanding the concepts/terms/events that are significant in our daily lives is critical for aspirants. To make your preparation easier and to help you score better in your exams, we at PaGaLGuY bring you brief articles on important phenomena, concepts and events. Spend just 15 minutes every day on pagalguy.com and score at least 10 more marks in your General Studies paper!
To access all the content available on PaGaLGuY, login to http://www.pagalguy.com/
In this article, we would discuss about small finance bank licences.
Taking forward its efforts to maximise financial inclusion, the Reserve Bank of India approved 'in-principle' small finance bank (SFB) licences to 10 entities on September 16. The core objectives of the chosen entities would be to increase savings vehicles and provide credit to small business units, small and marginal farmers, among others through high technology low cost operations.
Chosen applicants
The central bank received 72 applications for SFBs, which included non-banking financial institutions (NBFCs), micro finance institutions (MFIs) and local area banks (LABs).
Out of the 10 entities picked, 8 are MFIs, namely - Disha Microfin Private Limited, Ahmedabad, Equitas Holdings P Limited, Chennai, ESAF Microfinance and Investments Private Limited, Chennai, Janalakshmi Financial Services Private Limited, Bengaluru, RGVN (North East) Microfinance Limited, Guwahati, Suryoday Micro Finance Private Limited, Navi Mumbai, Ujjivan Financial Services Private Limited, Bengaluru, and Utkarsh Micro Finance Private Limited, Varanasi.
The remaining 2 are Au Financiers, an NBFC and Capital Local Area Bank, the largest local area bank in Jalandhar.
The 'in-principle' approval will be valid for 18 months during which the applicants need to fulfil the requirements under the guidelines and other conditions as may be stipulated by the RBI.
The central bank's statement read, "On being satisfied that the applicants have complied with the requisite conditions laid down by it as part of in-principle approval, the RBI would consider granting them a licence for commencement of banking business under Section 22(1) of the Banking Regulation Act, 1949." They cannot begin banking operations until regular licence is issued.
Features of SFBs
1. SFBs can carry out basic banking activities like accepting deposits and lending credit.
2. Their main focus will be to lend to the unbanked and underbanked sections.
3. SFBs are permitted to give out mutual funds, insurance and pension products.
4. SFBs cannot set up subsidiaries to undertake non-banking financial activities.
5. Any financial and non-financial services activities of the promoters should not mingle with the bank's regular working.
Guidelines laid down by the RBI
1. The minimum paid-up equity capital for a small finance bank shall be Rs.100 crore.
2. Like regular banks, SFBs would have to maintain CRR and SLR with the RBI.
3. 75% of SFBs' adjusted net bank credit (ANBC, which is defined as net bank credit plus permitted non-SLR investments held in the held-to-maturity category or credit equivalent amount of off-balance-sheet exposure, whichever is higher) extended to priority sector and have atleast 25 branches in unbanked rural areas.
4. 50% of loan portfolio to constitute loans & advances of upto Rs.25 lakh
5. The maximum loan size and investment limit exposure to a single and group obligor would be restricted to 10 per cent and 15 per cent of its capital funds
6. The promoter's minimum contribution to the SFB's paid-up equity capital should be 40% in the initial 5 years. The stake should be reduced to 30% within a period of 10 years, and to 26% within 12 years.
7. Within 3 years of reaching Rs.500 crore net worth, it would be mandatory for the banks to have their shares listed on the exchange.
8. The total foreign investment allowed would be upto a maximum of 74% of the paid-up capital of the bank.
To get fresh updates about different exams on your Facebook & Twitter timelines, subscribe to our pages created specifically for them. We will post only exam specific links on these pages:
Bank PO:
Facebook: https://www.facebook.com/pagalguybankpo
Twitter: https://twitter.com/PaGaLGuYBankPO
SSC - CGL:
Facebook: http://www.pagalguy.com/ssc
Twitter: https://twitter.com/pagalguyssc
UPSC:
Facebook: https://www.facebook.com/pages/Pagalguy-UPSC/951926044840262
Twitter: https://twitter.com/PaGaLGuYUPSC
Difference between small and payment banks
1)minimum paid up capital
2)crr and slr percentages
3) psl norms
4)various banking facilities
pls share the info . thnx 😊
feeling disappointed sari ummede khatam..... 😣
eff