Federal Bank Notified Recruitment for Clerk Post 2015

Federal Bank invited online applications from eligible candidates, who fulfill the requisite criteria for ‘Clerk’ post. The candidate eligible for the posts may apply ONLINE on or before 05 March 2015.
Important Dates
  • Opening Date for Submission of Online Application: 23 February 2015.
  • Closing Date for Submission of Online Application: 05 March 2015.      
  • Tentative Date of Aptitude Test: 14 & 15 March 2015.           
Educational Qualification
Possess Graduation in Science discipline from the recognized University or Institution.
Age Limit
Age Limit for the candidate should not be exceeding 24 years of age
Pay Scale
Candidate will get the Pay Scale ranges between Rs. 7,200/- to Rs. 19,300/- Per Month and additional benefits as per norms.
Selection Procedure
The short listed candidates will be selected on the basis of performance in the Aptitude Test followed by Group Discussion and finally the Personal Interview, which will be conducted by the administration.
How to Apply 
  • Interested Candidates may apply ONLINE through the Bank’s Website www.federalbank.co.in on or before 05 March 2015.
  • After successful submission of ONLINE application, candidate has to take the printout of the filled in application form for future requirement/ reference.
Detailed Advertisement : click here

Comments

Post a Comment

Popular posts from this blog

Cheque & Types

Image
Cheque:  Section 6 of the Negotiable Instruments Acts, 1881, states "A cheque is a bill of exchange drawn on a specified banker, and not expressed to be payable otherwise than on demand." So, a cheque is a written instruction to a bank (also called the drawee bank) asking it to pay a specific sum of money to the person/company whose name is written on it. The person issuing the cheque is called the drawer and the one to whom it is issued is called the payee. Types of cheques  cheques are of basically four types Open cheque: A person holding an open cheque can  i. Receive payment over the counter at the bank ii. Deposit the cheque into his account iii. Pass it to another person by endorsing the cheque on the reverse side Crossed Cheque: Payment of a crossed cheque cannot be made over the counter at a bank; it can only be credited into the payee's account. Cheques can be crossed by drawing two parallel lines across the top left corner. Bearer Cheque: A be
Read more

Non Performing Assets

Image
Non-Performing Asset   Loans and advances given by the banks to its customers are an Asset to the bank. Just for the sake of simplicity, we can understand that a loan (an asset for the bank) turns as NPA when the EMI, principal or interest component for the loan is not paid within 90 days from the due date. Thus a Bad Loan is a n asset that ceases to generate any income for the bank . As per RBI guidelines, NPA is defined as under: Non performing asset (NPA) is a loan or an advance where; i.     interest and/ or installment of principal remain overdue for a period of more than 90 days in  respect of a term loan, ii.    the account remains‘out of order’ in respect of an Overdraft/Cash Credit (OD/CC), iii.   the bill remains overdue for a period of more than 90 days in the case of bills purchased and  discounted, iv.   the instalment of principal or interest there on remains overdue for two crop seasons for short  duration crops, v .   the instalment of principal or interest
Read more

Government introduces “Place of effective management” (POEM) in IT Act

Image
Shell companies are the companies located abroad but controlled from India, to evade taxes. Government aims to curb them by introducing “Place of effective management” (POEM) in IT Act. Thereby, such offshore companies will be taxable in India, if key Management decisions are taken from India. Shell companies based abroad would have to pay taxes on their global income for a year if their  place of effective management (POEM)  is India. According to the Union Budget 2015-16, shell companies would be considered tax resident of India if their POEM is India, even for one day in a financial year. The key companies likely to be impacted are the Indian groups that have overseas subsidiaries that lack substance. Many Indian companies have subsidiaries in tax havens abroad which, in turn, do businesses in other countries. With this amendment — proposed to be made effective from the next financial year — all these companies will be bought under the Local tax jurisdiction. The requir
Read more