Baroda Rajasthan Gramin Bank has published its Baroda Rajasthan Gramin Bank Recruitment 2010 for Officers and Office Assistants. Kassa here BRGB Recruiting 2010 details below and apply before the last date is 15th December 2010.

Baroda Rajasthan Gramin Bank Recruitment 2010 – 2011 are as follows

1.Officer Scale I

• Total posts: 46
• Salary Pay Scale : Rs. 14500-25700/-
• Age Limit: 18 to 28 Years as on 01.11.2010

2.Officer Scale II

• Total Posts: 05
• Salary Pay Scale : Rs. 19400-28100/-
• Age : 21 to 32 Years as on 01.11.2010

3. Office Assistant

• Total posts: 66
• Salary Pay Scale : Rs. 7200-19300/-
• Age Limit: 18 to 28 Years as on 01.11.2010

Important Dates:

1. Commencement of online registration : 16/11/2010
2. Last date of submission of application : 15/12/2010
3. Date of written test for Officers : 20/02/2011
4. Date of written test for Office Assistant : 27/02/2011

Selection procedure:

A written examination will be conduct by the Baroda Rajasthan Gramin Bank at different examination centre. Selection will be made by performance in written examination test and Interview.

The Empowered Group of Ministers has fixed the price band of Rs 270-290 for the follow-on public offer (FPO) of State-run Engineers India. Engineers India (EIL) is expecting to raise around Rs 1000 crore from the follow-on public offer (FPO) which will hit the market by July 27, 2010. The public offer of 3.36 crore equity shares of Rs 5 each will open on July 27 and will close on July 29 for qualified institutional buyers (QIBs) and on July 30 for the rest.



The Indian market mirroring weakness across global marketsmarket on monday,it ended a volatile session modestly lower.While Sterlite Industries (down 1.51%), DLF (down 1.41%), Maruti Suzuki (down 1.12%)

HSBC Holdings Plc, ICICI Securities, SBI Capital Markets and IDFC Capital are book running lead managers for the FPO.

The offer comprises 712,000 equity shares for the company employees who would be entitled to the discount that retail investors will get in the offer that is being done through book building route.

"I want to bring down my NPAs (SIB's) in retail loans to less than 3%, to around 2.75% in this (financial) year," the official said."The NPA levels are down to 3.08% currently from 3.24% in March. We have also tied up with SBI Cards for the soft recovery process, which involves direct calling to customers in order to speed up the recovery process," the official added.

Adarsh Credit Cooperative Recruitment 2010: Adarsh Credit Co-operative Society Ltd., was founded 18 January 1999 in a remote district in western Rajasthan, which is Sirohi better and affectionately known as Devnagari Rajasthan, with the primary aim to raise the social and economic status of its members by impressed by saving habits among them through a spirit of cooperation and provide technical and financial support. Adarsh Credit Co-operative Society is the largest of its kind in North India. Adarsh Credit Cooperative Society Official Website: adarshcredit.co.Please visits http://adarshcredit.com/job.htm for details.

This community is the largest in North India. Full details of these jobs are reported on the official job link on the website of the society. So the need to visit this link and can be downloaded in JPG Format.

Adarsh Credit Co-Opertive Society Ltd. Tower, Sector -11 Hiran Magri, Udaipur - 313001 (Raj.) Phone No. - 0294-2484085, 2483281 company office - 253, Adarsh Tower II, Sector -11 Hiran Magri, Udaipur - 313001 (Raj.) Customer Care - 1991 9799416111, 91 9414132222 info@adarshcredit.com. Current Advertising of Adarsh Credit Co-operative Society Ltd Recruitment 2010 .

All banking solutions wage revision details

All India Bank Employees Association (AIBEA) has published the complete report on the wage revision. The report and the message on the wage revision talks can be checked at www.Bankunionaibea.in

Check out the AIBEA Wage Revision Talk Report and Signed Agreement

As per the latest meeting held between five workmen unions and IBA, these are the updates after detailed discussions.

1. Scales of Pay:

Clerical Staff: 6200 – 400 x 3 – 7400 – 500 x3 – 8900 – 600 x 4 – 11300 – 700 x 7 – 16200 – 1300 x 1 – 17500 – 800 x 1 – 18300.

Substaff: 5500 – 200 x 4 – 6300 – 250 x 5 – 7550 – 300 x 4 – 8750 – 350 x 3 – 9800 – 400 x 3 – 11000.

2. Stagnation Increment:

Clerical: 7 stagnation increments (800 x 6 once in 3 years & 800 (7th) after 2 years)

Substaff: 7 stagnation increments (400 x 7 once in 2 years)

Extended Pay Scales: (With Stagnation increment)

Clerical: 6200 – 18300 – 23900.

Substaff: 5500 – 11000 – 13800.

3. DA: 0.15% per slab over 2836 points.

4. HRA:

a) Places over 45 lacs : 10%
b) 12 to 45 lacs : 9%
c) 5 to 12 lacs : 7.5%
d) Below 5 lacs : 7%

5. Transport Allowance: (For Clerks and Substaff)

Upto 15th Stage: Rs. 225 per month

16th Stage and above: Rs. 275 per month

6. Special Pay:

For November, 2007 to April, 2010: Existing Special Pay will be revised and arrears paid for both clerks and subordinate staff.

From May, 2010 - For Clerks

*Present No Special Pay holders : Rs. 1000/-
*Present Special Pay holders : Rs. 1500/-
*Head Cashier II : Rs. 1780/-
*Special Assistant : Rs. 2180/-

(Note: Out of this, Rs. 1000/- will be added to Basic Pay and balance will continue as Special Pay.)

From May, 2010 - For subordinate staff

*Present No Special Pay holders : Rs. 350/-
*Present Special Pay holders - Revised Special Pay

(Note: Out of this, Rs. 350/- will be added to Basic Pay and balance will continue as Special Pay.)


7. Fixed Personal Pay & PQP

Will be revised based on new basic pay.

8. Hill and Fuel Allowance:

a) Places – 3000 meters and above : 8% maximum Rs. 1295/-

b) 1500 – 3000 meters : 4% maximum Rs. 510/-

c) Over 1000 meters + Mercara : 3% maximum Rs. 410

9. Medical Aid: Rs. 2000/- per year

10. Hospitalisation Scheme: Being improved with revised schedule, etc.

11. Part Time Employees: (Lump sum)

(November, 2007 to April, 2010)

Upto 3 hours per week : Rs. 1030/-

3 to 6 hours per week : Rs. 1440/-

From May, 2010 : All will be brought to 1/3rd Scale wages.

12. Halting Allowance: Being increased

13. Washing Allowance: Rs. 100/- per month

14. Cycle Allowance: Rs. 75/- per month

15. Split Duty Allowance: Rs. 125/- per month

16. Project Area Compensatory Allowance:

Group A Centres /Group B Centres

Clerks : Rs. 205/- per month/Rs. 180/- per month

Substaff : Rs. 180/- per month/Rs. 150/- per month

17. Special Area Allowance: Being revised.

18. Reimbursement in Road Travel:

Actual road mileage cost or Rs. 3 per Km whichever is less.


19. Pension:

Another option will be given to all existing employees and those who have retired / died after pension regulation 1995 / 1996.

With effect from 1-11-2007, Pension will be payable based on the revised Pay for all the existing pension optees.

20. Gratuity:

Will be payable on revised Basic Pay from 1.11.2007

21. Provident Fund: 10% of pay from 1.11.2007

22. Definition of dependence under family:
Upto monthly income of Rs. 3500/- Dependent Physically Handicapped brothers and sisters will be treated as part of employee's family.

23. Compensation for losses due to breakage or damage to goods on transfer:

With Receipt/ Without Receipt

Clerks: Rs. 1120/- / Rs. 745/-

Substaff: Rs. 745/- / Rs. 560/-

24. Special Leave for Women:

Within the maternity leave entitlement, women employees can avail 45 days special leave for undergoing hysterectomy operation.

25. Improvement in LFC:

Entitlement:

for Clerks - AC 2 Tier
for subordinate staff - AC 3 Tier

Distance:

For subordinate staff
Once in 2 years - 2500 km
Once in 4 years - 5000 km

For clerks
Once in 2 years - 2000 km
Once in 4 years - 4000 km

26. Effective Date: 1st November, 2007


source: youngeagerminds.com

"The customer is not one of intervention; he is the very reason for our existence."

Registrant:
Saraswat Bank
Mrudala Sakpal ()
Madhushree Plot No. 85
Sector 17 Vashi
Navi Mumbai
Mumbai
Maharashtra, 400703
In
Tel. +022.7895865

Creation Date: 22-Nov-1997
Expiration date: 21-Nov-2010

Domain servers in order:
ns.indsoft.net
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Administrative contact:
Saraswat Bank
Mrudala Sakpal ()
Madhushree Plot No. 85
Sector 17 Vashi
Navi Mumbai
Mumbai
Maharashtra, 400703
In
Tel. +022.7895865

Technical Contact:
Saraswat Bank
Mrudala Sakpal ()
Madhushree Plot No. 85
Sector 17 Vashi
Navi Mumbai
Mumbai
Maharashtra, 400703
In
Tel. +022.7895865

Billing Contact:
Saraswat Bank
Mrudala Sakpal ()
Madhushree Plot No. 85
Sector 17 Vashi
Navi Mumbai
Mumbai
Maharashtra, 400703
In
Tel. +022.7895865

Saraswat Co-operative Bank's No.1 cooperative bank in Asia, is always directed our efforts towards developing and providing competitive and innovative products and services.
On the wholesale banking business, providing Saraswat Co-operative Bank Ltd., a broad range of products from a traditional loan in the short term products as Bills discounting the Letter of Credit, etc.
The bank also offers a bouquet of Retail loan products that Vastu siddhi Housing, Saraswati education loans, car loans, etc. and the wide range of deposit schemes with customer-friendly features and attractive interest rates.
To meet all the needs of customers under one roof Bank has entered into tie-ups with various prizes institutions where we offer third party products such as life and general insurance, mutual funds and Demat Services.
We offer a wide range commercial audio-visual and electronic banking products for businesses or mid business or SME. Of religious for healthy growth in credit portfolio quality asset Bank has shown continuous improvement. The Bank has a broad exposure to different sectors. We offer various facilities not financed from financed from short-term to ensure that you receive support according to your needs.

For enquires, please contact:

Traders - 091-022-22704264 / 22704267
Back Office - 091-022-22631332
FAX - 091-022-22662465
Tel - 022-24671215/24671216/24671217
Swift - SRCBINBBATRS
E-mail - treasurysrc@rediffmail.com.

Jaguar Land Rover gets £175m loan
Jaguar Land Rover has secured additional funding worth £ 175M in the form of a loan from State Bank of India, said the car maker.
The company is struggling against falling sales in decline, and have been looking at a number of refinancing packages in recent months. The British government had offered to support, but the Indian owner of Jaguar, Tata, said conditions were too "heavy".

The vehicle manufacturer has secured £ 500m of new funding this year.It has come from a variety of sources, including Standard Chartered Bank, Bank of Boroda and Burdale Financial AS - a subsidiary of Bank of Ireland.

"We are delighted to support our plans progress, and appreciate the confidence from our banking partners in our industry," said Jaguar senior finance officer Kenneth Gregory.

Jaguar Land Rover big losses

Last month the automaker announced it will close one of its West Midlands plants in the middle of the next decade - either the Castle Bromwich factory in Birmingham and the factory in Solihull.

The closure is part of a cost saving exercise to create more efficient automakers. It lost £ 280M in 10 months to the end of March, when sales fell by nearly a third. Tata has bought Jaguar Land Rover for $ 1.7 billion in June 2008 from Ford.

It currently has 14,500 people who have made 450 redundancies in the early years. The company is based in Gaydon, Warwickshire, and has a factory in Halewood, Merseyside, and the two in the West Midlands.
source:www.news.bbc.co.uk