Indian Banks

REPCO Bank Limited and RHFL isa Government of India Enterprise is a fast growing organisation having branches in all the four southern states and Pondicherry. Repco Bank proposes to fill up vacancies through Bank’s selection process. Successful candidates in excess of requirement of Bank will be offered an appointment in RHFL. It is a Subsidiary of REPCO Bank.

Officers (Scale-I) – 25 vacancies

Age Limit : 21-30 years (Relaxable upto 5 years for SC, ST , OBC-3 years, Ex-serviceman-3 years)
Pay Scale : Rs.14500-Rs.25700 + Allowances Rs.24020/-
Qualification : Degree/Post graduate degree from a recognised University with Minimum of 60% marks with computer knowledge.

Examination : The Written Examination will be an ON-LINE Examination. The ON-LINE TEST will be held on a Sunday in July 2010.

Application Fee : Rs. 450/- (For SC/ST / Repatriate candidates Rs. 300/-)

How To Apply : Completed Application should be sent to The Joint General Manager (HRD) Repco Bank Ltd., P.B.No.1449, Door No.33 North Usman Road, T.Nagar, Chennai – 600 017 so as to reach before 07-06-2010.

Further Details : http://repcobank.com/pdf/advertisement.pdf

Popularity: 3% [?]

In an effort to step up credit to farmers, State Bank of India (SBI) has slashed interest rates on crop loans above Rs 3 lakh and up to Rs 25 lakh by over 175 basis points. At present, crop loans upto Rs 3 lakh are available to farmers at 7 per cent. They get additional 2 per cent concession for prompt repayment, SBI said in statement.

The country’s largest lender is extending similar support to farmers availing crop loans above Rs 3 lakh. The interest on crop loans has been reduced from 11.75 – 12.75 per cent to 10 per cent for one year. This concession is applicable to loans sanctioned and disbursed from April 1, 2010 to March 31, 2011. An additional 1 per cent will be given to regular borrowers for prompt repayment. Thus, the effective interest rate will be only 9 per cent (fixed) up to one year. For farmers undertaking minor irrigation projects, SBI said the interest on new loans was slashed from 10.50-13.25 per cent to 8.5 per cent for one year.

The interest rate for second and third year would be 9.5 per cent for loans up to Rs 25 lakh. These loans have to be sanctioned between April 2010 and March 2011. It has also cut margin money that farmers have to keep for irrigation project loan to 10 per cent from the existing 15-25 per cent of the project cost. The repayment period for new loans has been extended by one year.

Popularity: unranked [?]

Central Bank of India, Recruitment and Promotion Division, Human Resources Dep[artment announced the Recruitment of Probationary Officers in the JMG Scale I-2010. CBI is a leading Public Sector Bank, invites applications from Indian Citizens for appointment of Probationary Officers in Junior Management Grade Scale I.

Probationary Officers – 500 Posts
Vacancies : 500 (SC-75, ST-40, OBC-135, GEN-250)
Pay Scale : (JMG Scale I) Rs.10,000-470/6-12820-500/3-14320-560/7-18240
Age Limit : 21 to 30 Years
Qualification : A Graduate from a recognized university with 55% Marks aggregate (50% for SC/ST/PWD candidates) with Basic knowledge on Computer applications.

Important Dates:

Opening date for On-line Registration : 06.05.2010
Closing date for On-line Registration : 05.06.2010
Date of Written exam for Probationary Officers : 25.07.2010

Application Fee : Rs. 300 for General/OBC, For SC/ST only for Postal charges Rs.25/-. Download Fee Payment Receipt Here.

How To Apply : Candidates are required to apply on –line through website www.centralbankofindia.co.in. No other mode of applications will be accepted. Application link from website will be open from 06.05.2010 to 05.06.2010.

Apply Online : http://registration.sifyitest.com/cbipo

Further Details: https://www.centralbankofindia.co.in/upload/Detailed_Advertisement.doc

Popularity: 2% [?]