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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.
A pay scale (also known as a salary structure) is a system that determines how much an employee is to be paid as a wage or salary, based on one or more factors such as the employee's level, rank or status within the employer's organization, the length of time that the employee has been employed, and the difficulty of the specific work performed.
Earlier the recruitment used to be through UPSC Engineering Services Exam for Engineers but now after 2 years halt it's through UPSC Civil Services Exam from 2022; an all India written test followed by interview for selected candidates.
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]
In 2007, its centenary year, BoB's total business crossed 2.09 trillion (short scale), its branches crossed 2000, and its global customer base 29 million people. In Hong Kong, Bank got Full Fledged Banking license and business of its Restricted License Banking subsidiary was taken over Bank of Baroda branch in Hong Kong w.e.f.01.04.2007.