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PRESENTED BY:- PALLAVI SAGGAR MBA-2A NEWS ON BANKING SECTOR
This scheme offers complete solution that combines saving, borrowings & protection for emerging affluent segment. Target segment:- young, upwardly mobile, techno literate professional between 25-40 yrs and annual income between (5,00,000 โ€“ 40,00,000). As in India , emerging affluent is rapidly increasing at 18% p.a .  StanChart Launches Preferred Banking For Emerging Affluent.
IIBF (Indian Institute of Banking & Finance ) has rehauled the structure of CAIIB( Certified Association of Indian Institute of Bankers) exam  the passing of which helps Bankers to earn a promotion and increment. CAIIB Structure ,[object Object]
 11 Elective subjects are introduced
IIBF (CEO) โ€“ Mr. R.BhaskaranSpecialisation stressed in New Bank exam
Learning :-  ,[object Object]
SBI (Base rate) :- 8% for 1 year & 9% for 2, 3 year

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News on banking sector

  • 1. PRESENTED BY:- PALLAVI SAGGAR MBA-2A NEWS ON BANKING SECTOR
  • 2. This scheme offers complete solution that combines saving, borrowings & protection for emerging affluent segment. Target segment:- young, upwardly mobile, techno literate professional between 25-40 yrs and annual income between (5,00,000 โ€“ 40,00,000). As in India , emerging affluent is rapidly increasing at 18% p.a . StanChart Launches Preferred Banking For Emerging Affluent.
  • 3.
  • 4. 11 Elective subjects are introduced
  • 5. IIBF (CEO) โ€“ Mr. R.BhaskaranSpecialisation stressed in New Bank exam
  • 6.
  • 7. SBI (Base rate) :- 8% for 1 year & 9% for 2, 3 year
  • 8. Base rate is rate at which Bank lends moneyRise in Base Rate won't affect Fixed Rate Loan
  • 9.
  • 11. Belgian Insurer Ageas โ€“ 26%IDBI (MD&CEO) :- Mr. G.V NageswaraRao Fedral gets to add its name in 3-way life J.V with IDBI.
  • 12. After 90 long years of banking, State Bank of Indore (also known as Indore Bank) has now merged into State Bank of India today as per the Gazette Notification issued on July 28 by the Department of Financial Services. From today all customers of Indore Bank will now be customers of SBI and all branches of State Bank of Indore have started working as branches of State Bank of India. SBI-Indore Bank merged into SBI
  • 13. Thank you