Communication is the act of conveying information for the purpose of creating a shared understanding. It’s something that humans do everyday. Communication means to share and includes verbal, non-verbal and electronic means of human interaction. Relationships exist between two emotional human beings who bring their own past experiences, history, and expectations in...
Social Media
Category: Banking
Trends in Banking Progress to Financial Inclusion
The statutory Report on Trend and Progress of Banking in India 2015-16 (RTP) has been released on December 29, 2016 by Reserve Bank of India (RBI). RTP presents performance and salient policy measures relating to the banking sector during the fin...
Motivation to Study
Motivation is one’s general willingness to do something; it is the set of psychological forces that compel one to take action. It gives the reason for one’s actions, desires, and needs. Motivation can also be defined as one's direction to behaviour or what causes a person to want to repeat a behaviour and vice versa. A motive is what prompts the person to act in a ...
Interview, the Personality Assessment
Interview is the verbal conversation where questions are asked and answers are given with the objective of collecting relevant information for some purpose. Interviews usually involve a transfer of information from interviewee to interviewer, which is usually the primary purpose of the interview, although information transfers can happen in both directions simultan...
Recruitment in Public Sector Banks through IBPS
Institute of Banking Personnel Selection (IBPS) is involved in the process of assessment and selection of personnel of all the Public Sector Banks besides various other organizations. IBPS develops, constructs and uses Multiple Choice Objective Tests and tools for mass level testing programmes and conducts exams simultaneously for lakhs of candidates. IBPS also conducts ‘Assessment...
BHIM-Aadhaar Pay app a Path Breaking Initiative
BHIM-Aadhaar Pay app, launched by Prime Minister Narendra Modi on April 14, 2017, on the occasion of the 126th birth anniversary of Dr. B. R. Ambedkar, is a system which allows payment through thumb impression. It is a robust, secure and user friendly digital ecosystem for citizens that will be seen as the foundation for an economic revolution in the wor...
Robot to Assist Bank Customers
Lakshmi, the Banking Robot, may replace traditional ‘May I Help You Desk’ in Indian Banks. City Union Bank by installing a robot, Lakshmi, a humanoid, at its T. Nagar, Chennai branch in the lobby to greet its customers and explain bank’s products and technology services has become the first private sector bank in the country to deploy a robot with Artificial Intelligence to answer generic banking related questio...
Growing Cyber Crimes
With the arrival of internet and social media the world has gone through a sea change in defining life, relations and interaction at the click of mouse. The convergence of ideas, new concepts and technological inventions have bonded the humanity together encompassing class and regions . It has tremendously changed the global knowledge scenario by harmonizing the innumerable knowledge islands spread and scattered...
Digi Dhan Vyapar Yojana Cashback Award Scheme for Merchants
The era of playing fraud with the system came to a sudden halt when the Prime Minister Narendra Modi, in his historic announcement of November 8, 2016, declared the high values currency as null and void. The declaration came as shock to those who took the laws, rules and regulations for granted; but the honest citizens across the length and breadth of the country celebrated the unshackling of the system from sco...
Brexit-Britain Leaving European Union
Brexit is the term derived from the addition of two words -Britain and exit- implying British declaration of abandoning the membership of European Union (EU) which finally came on 23 June, 2016 through a referendum in which 51.9% of British voters exercised their votes in favour of withdrawing from European Union whereas the rest voted against the proposal. The results of the referendum came as a shock to the in...