Search results
Results From The WOW.Com Content Network
The Institute of Banking Personnel Selection (IBPS) is a central recruitment agency operating under the ownership of the Ministry of Finance in the Government of India that was started with an aim to encourage the recruitment and placement of young undergraduates, postgraduates and doctorates at the rank of Group 'A' officer, Group 'B' officer, Group 'C' employee and Group 'D' employee in ...
A review of the RRBs in August 2009 by the Union Finance Minister revealed that a large number of RRBs had a low Capital to Risk weighted Assets Ratio (CRAR). A committee was constituted in September 2009 under the chairmanship of K C Chakrabarty, [4] the deputy governor of the Reserve Bank of India (RBI) to analyse the financials of the RRBs and suggest measures, including re-capitalisation ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 4 February 2025. Public recruitment body in India Railway Recruitment Control Board Abbreviation RRCB Formation 27 April 1998 ; 26 years ago (1998-04-27) Type Governmental Purpose Recruitment Headquarters Rail Bhavan Location New Delhi, India Region served India Parent organization Railway Board ...
Railway Board Secretariat Service also has the cadre post at the level of Higher Administrative Grade (HAG) in scale Rs.67000-79000 (L15) which was created based on recommendations of 5th Central Pay Commission.
As per Government of India, Ministry of Finance order No. F1/4/2012-RRB, dated 17 July 2014. The bank was sponsored by Bank of Maharashtra. The share capital of the bank was contributed by Government of India and during the administrative setup of the bank, one CGM and two general managers report to the chairman.
Members of Parliament have a base salary of ₹100,000 (US$1,200) plus other allowances. The Chief Ministers of Indian states have varying salaries, with Telangana 's Chief Minister earning the highest at ₹400,000 (US$4,800) per month.
The ministry has a union minister and one or more ministers of state. [16] The railway board reports to the union ministry with the directorates of traction, engineering, traffic, rolling stock, signalling, materials, personnel, RPF, finance, health and safety reporting to the board. [17]
It also recommended the RBI relinquish its seats on the board of directors of these banks. The committee further added that given that the government nominees to the board of banks are often members of parliament, politicians, bureaucrats, etc., they often interfere in the day-to-day operations of the bank in the form of the behest-lending. [4]