Tag: government bank

Finance Ministry may increase numbers of Chief General Managers in Public Sector Banks says a report

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Finance Ministry may increase numbers of Chief General Managers in Public Sector Banks says a report

Public Sector Banks: The Central Government has started seriously considering increasing the post of Chief General Manager (CGM) in public sector banks. This proposal is being seriously considered in view of the increasing business and profit of public sector banks in the country. At present, in public sector banks there is one Chief General Manager for every 4 General Manager posts. These guidelines were issued in 2019. Now the government is realizing that this is inadequate in view of the increasing performance of the banks. It has become necessary to…

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Reserve Bank of India Apart from issuing notes it plays an important role in these works of the country

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Reserve Bank of India Apart from issuing notes it plays an important role in these works of the country

Most people know about the Reserve Bank of India (RBI). But it is also true that regarding RBI, people have only the image of currency and bank in their mind. Most people think that the job of RBI is only to issue money. But today we will tell you in which works RBI plays an important role in the country. Issuance of notes in the country In India, the responsibility of printing and issuing currency rests with the central bank i.e. Reserve Bank of India (RBI). Apart from this, RBI…

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