యంగ్ ఇండియన్ బ్యాంకర్స్ అసోసియేషన్-తెలంగాణా

02/10/2025

🔹 Welcome to *Banking News* 🔹

A dedicated channel for *bankers, finance professionals and banking enthusiasts*.
Here you’ll get **real, day-to-day banking updates** – not just UPI headlines, but everything that truly matters in the Indian banking sector.

👉 Join now: https://aratt.ai/

---

📌 What you’ll find here:
• Latest RBI notifications, policy changes & circulars
• Banking reforms, mergers, acquisitions & structural updates
• CRR/SLR, Basel norms, capital adequacy, compliance alerts
• Industry insights, regulatory actions & market movements
• Daily banking news in short, precise format
• Interactive polls & knowledge quizzes for bankers

---

✔️ Why join?
1. **Daily, reliable banking news** – stay updated with every small & big change.
2. **Focused content only on Banking & Finance** – no irrelevant posts.
3. Build a community of bankers, share knowledge & stay ahead.

---

🔁 Share this with your colleagues, fellow bankers & finance aspirants.
👉 Stay updated. Stay informed. Stay ahead.

Join here 👉 https://aratt.ai/

All News Related to Banking and Update

18/03/2020

‘Heat is not a deterrent for transmission’:

Your COVID-19 queries answered

COVID-19 has infected over 1 lakh people across the world

MARCH 11, 2020 13:00 IST
UPDATED: MARCH 13, 2020 15:33 IST

The Hindu had invited readers to send in queries related to COVID-19. Here are answers to selected questions.

1. Are there differences between symptoms caused by the flu and COVID-19?

Cough and cold could mean an allergy. A fever with cough and cold is a symptom of the flu. When you have fever with cough which is complicated by breathlessness, it is a symptom of Coronavirus infection and you must call your doctor to rule it out.

Dr KK Aggarwal; President, Confederation of Medical Associations of Asia and Oceania and former president of Indian Medical Association

2. Can a person exposed to Coronavirus transmit it to others if he/she uses a swimming pool?

Highly unlikely. The Coronavirus is a droplet infection. It has to be inhaled to cause the disease. Chlorination of swimming pools to recommended levels can certainly inactivate any virus, including COVID-19.

Dr Ravi Santosham; Pulmonologist

3. Is it true that hot weather conditions can prevent COVID-19 transmission?

Can sunlight kill the virus?

It can probably inhibit the growth, viability or stability of the virus but to what extent we do not know. If the virus is already in my body and I sneeze, you will get it. There is no question of heat in such situations. We know that it survives in the human body at 37 degree Celsius. So, heat is no deterrent for its transmission. The only probability is that it may not survive in the outside environment. So, to say that the hot Indian summer will inhibit it... no, it will transmit as effectively. But the virus may not survive outside for long. That is the only advantage.

Dr V Ramasubramanian; Consultant, Infectious Diseases, Apollo Hospitals

4. Will wearing masks prevent the spreading of Coronavirus?
What kind of masks should we wear?

For common people, it is not necessary to wear masks. Only people infected with COVID-19 and healthcare professionals, who are in contact with such infected patients, need to use N95 masks. The rest need not wear.

Dr J Euphrasia Latha; Head, Institute of Microbiology, Madras Medical College

If you are travelling to places where the probability of catching the infection is high, say hospitals, you need to wear masks. If you are using public transport system, where you cannot know if somebody will sneeze or cough, you can use a mask. But the main prevention mechanism is to frequently wash your hands and refrain from shaking other people’s hands or hugging them. Follow cough etiquette when you are travelling or outside.

Dr P Kuganantham; Founder-chairman, Indian Public Health Foundation and former Chennai City Health Officer

5. Should people avoid eating meat based food to prevent transmission?

Eating meat has nothing to do with Coronavirus. It is a respiratory virus and not a food-borne one.

Dr KK Aggarwal

Coronavirus has nothing to do with food or pet animals or eating chicken and mutton. People can eat whatever they want and how much ever they want.

Dr V Ramasubramanian

6. What measures are being taken in airports to screen passengers for COVID-19 infection?

All international passengers are being screened. On average, at the Chennai airport, at least 6,500 passengers are being screened through the 10 health screening counters. Since the outbreak, we have seen a 27% reduction in the number of passengers at Chennai. On the advice of the Government of India, we are using dedicated aerobridges, immigration counters, X-ray Baggage Inspection Systems, carousel and exit gate for flights operating from 12 countries. All the touch points of passenger flow area like aerobridges, baggage trolleys and floor areas are frequently cleaned. The airport has five automatic sanitiser dispensers. Bottled sanitisers are provided by Airports Authority of India at various points. We have stuck awareness posters, put up digital TV displays and Do’s and Don’ts at passenger flow locations. Awareness programmes are being conducted by National Disaster Response Force and Airport Health Organisation to housekeeping staff for method of cleaning.

Spokesperson; AAI Chennai

7. How soon can a vaccine be developed for COVID-19?

Novel viruses happen due to reassortment. They remain for a short period and mutate depending on various factors like geography etc. A vaccine for COVID-19 is likely to be developed in another three to six months because the trials are on at the moment. Like H1N1, a vaccine can be developed for COVID-19 too.

Dr P Kuganantham

In the case of a hit-and-run virus like SARS, no vaccine was developed because after six months it did not come back. If COVID-19 too disappears, then there wouldn’t be a need for one.

Dr KK Aggarwal

8. Is there a link between a person’s immunity and COVID-19 transmission? Is this curable?

Sometimes, the virus enters a person’s lungs and causes pneumonia. People with vulnerable immunity like the elderly succumb to this. Young people with good immunity, the effects of the virus may not be too strong but if you are someone with comorbid conditions like diabetes or cardiac disease, or if you are on immunosuppresive drugs, then the risk of infection is severe.

Dr J Euphrasia Latha

Coronovirus is one of the weakest family of viruses. The deaths caused so far or people affected could have been ones with less immunity like children or the elderly. It does not affect everybody. Yes, 100% immunocompromised people like those with HIV, people with cancer, those who have undergone transplant surgeries or people with diabetes are at risk. Children and elderly are at risk as well. If you take the history of all who died in China or Iran, 90% of them would have been suffering from an illness that compromises their immunity.

Dr P Kuganantham

The average age of virus death is 59. The mortality rate for people aged 60 and above after contracting a viral infection is 3.4%; above 70 years is 8% and 80 and above is 15%. Generally, if the immunity is good, you can tolerate any viral infection but there is no specific evidence as it pertains to COVID-19.

Dr KK Aggarwal

9. If I have symptoms of COVID-19 virus, should I approach the hospital directly?

What if I accidentally pass on the virus to others on the way or at the hospital?

You are not supposed to visit a hospital directly. In Delhi, you must call a hospital or doctor. There are designated centres to give your samples. Depending on your symptoms, a call will be made on what needs to be done, and they will come and collect a sample at your home. You cannot go to a hospital and infect others.

Dr KK Aggarwal

There are helpline numbers to contact. At the Rajiv Gandhi Government General Hospital (RGGGH) in Chennai, there is a separate outpatient section for Coronavirus cases. You can visit here and consult a doctor and leave samples for testing. No other patient will be permitted to access this entrance. RGGGH is the only place in Chennai where samples will be collected for testing.

Dr J Euphrasia Latha

Most people will go to see their family physician or the neighbourhood doctor for treatment. But they will transmit the disease. Only government facilities are equipped to test for Coronavirus.

Dr Ravi Santhosham

10. Are there any home remedies to treat COVID-19?

Home remedies and treatment other than allopathy is not proven science. The best thing is precaution only. You must keep away from a patient who coughs and sneezes. If you are coughing, you need to cover your face with a mask and not spread the droplets around. COVID-19 spreads through droplets.

Dr J Euphrasia Latha

11. Why should we consider such opinions and baseless assumptions?

Go ahead with home remedies if you want but none of them works on Coronavirus. But go ahead because if you can prove that anything can cure COVID-19 infection, then that is worth a Nobel Prize.

Dr KK Aggarwal

12. Is India equipped to battle Coronavirus?

We have started late. There are two steps in case of a viral outbreak — preparedness and containment. If you cannot contain, you delay and if you cannot delay, you research and mitigate the circumstances. Preparedness phased cannot be considered now when there already is infection. After 43 cases, now we are going through preparedness. It is a bit of a delayed response. You need both preparedness and containment tactics at the moment. At least, in India, community spread has not happened so far.

Dr KK Aggarwal

We must change the focus of our battle to personal hygiene. For example, during the Ebola outbreak in Africa, the Governments there was able to contain not because of drugs and treatment but by improving personal hygiene. They mandated hand-washing frequently at schools and industries, which helped bring down the cases. For COVID-19, the management is only by handling patients with travel history. They need to be isolated for the incubation period and kept under observation.

Dr P Kuganantham

Compiled by Deepa Alexander, Pradeep Kumar and Priyadarshini Paitandy

Courtesy : The Hindu

30/09/2016

Dear Friends

We are witnessing surgical strike by Indian Army in PoK crossing LoC. This is a bold and courageous step taken by Indian Govt after Pathankot and Uri terrorist attacks in succession. This was an operation against terror not a territory. All world should take it in postive way. We used to witness killing of our many people of India and soldiers in terrorist attack. Mumbai, Akchardham, Golden Temple, Indian Parliament, Kargil, Pathankot and uri terrorist attacks are themselves enough to say. Our neighbour country always busy in flourishing various terrorist camps against India to creat disturbances and its motive is clear that this country only wants to creat havoc in India.

YIBA appreciates the Surgical Strike by Indian Army in PoK to give a strong message to all terrorist community that we are not Lion on paper and we are ready to demolish any type of activities that would be against our nation.

23/07/2016

CIBIL to provide one free credit report a year: Raghuram Rajan.

Currently, an individual has to shell out Rs 550 for a report and a onetime credit score in the PDF format from CIBIL.

The Credit Information Bureau of India (CIBIL) has decided to provide individuals with one free credit report a year, the Reserve Bank of India chief Raghuram Rajan said.

“Going forward, by the end of the year, the Credit Information Bureau of India will start providing individuals with one free credit report a year, so that they can check their credit rating and petition if they see possible discrepancies,” Rajan said.

Currently, an individual has to shell out Rs 550 for a report and a onetime credit score in the PDF format from CIBIL.

Most Indians are unaware of their credit score and have never bothered to check their credit report either. Consequently, they may not know that there may or may not be issues present in their report.

Financial institutions, including banks, check the credit worthiness of an individual before extending credit or loan, through these credit reports. “When an individual knows that a default will spoil their credit rating and cut off future access to credit, they have strong incentives to make timely payments,” Raghuram Rajan said at a seminar on 'Transforming Rural India through Financial Inclusion'.

Other than CIBIL, there are two other credit bureaus in India — Experian and Equifax. But at the moment, the governor has only talked about CIBIL providing a free report.

Praising the credit bureaus further, Rajan also said: “Credit information bureaus have helped tremendously in solving both the information and incentive problem in retail credit.”

Rajan also pitched for the need to expand the reach of credit bureaus in rural India, even bringing borrowing under Self Help Groups (SHG) into their ambit.

Rajan's three-year term ends on September 4.

23/07/2016

SBI Associates' Staff Will Not Be Affected By Merger: Arun Jaitley

Interest of the employees of five associate banks will be protected following their merger with the parent entity State Bank of India, Finance Minister Arun Jaitley said on Friday.

The central government has sanctioned the proposal of SBI to enter into negotiations with its subsidiary banks as well as Bhartiya Mahila Bank for acquiring them including their liabilities, he said in a written reply to the Lok Sabha.

The proposal for acquisition has been originated by respective boards, he added.

"SBI has informed that the interest of the employees of the subsidiary banks will not be affected. The pay and allowances offered to employees or officers of the merging banks will not be less than the overall pay and allowances as they would have drawn in the merging banks," he said.

SBI has five associate banks -- State Bank of Bikaner and Jaipur, State Bank of Travancore, State Bank of Patiala, State Bank of Mysore and State Bank of Hyderabad.

In another reply, Jaitley said, gross non-performing assets (GNPAs) to the total advances of the PSU banks as on March, 2016 were Rs 4.76 crore (9.32 per cent).

The macro stress tests in the Financial Stability Report of RBI, June 2016 suggest that under the baseline scenario, the GNPAs for the public sector banks (PSBs) may rise to 10.10 per cent by March 2017, he said.

However, this level may not be reached in view of the recovery efforts by banks and steps taken by government and the Reserve Bank, Jaitley said.

As per the data received from PSBs, he said, frauds constituted 7.15 per cent of total GNPs as on March 2016.

In a separate reply, Minister of state for Finance Santosh Kumar Gangwar said out of 27 public sector banks, 14 have posted losses.

The main reason for such losses was Asset Quality Review (AQR) exercise initiative by RBI during 2015-16 due to which banks had to suddenly make provision for accounts categorised as NPA.

During 2015-16 public sector banks made recoveries of Rs 39,534 crore as compared to Rs 41,236 crore in the previous fiscal.

Replying to another question, Gangwar said the ministry is considering a proposal of LIC for approval of five-day working week for its employees.

17/03/2016

Government Warns PSU Banks Against Purchase of Costly Staff Cars

The Finance Ministry on Tuesday warned public sector banks against purchase of "high value" staff cars, some of which are then sold to officials at a depreciated price.

"...it has been pointed out by the Vigilance Commission that banks are purchasing high value cars/vehicles," the ministry's Department of Financial Services (DFS) said in a communication to the chiefs of all public sector banks.

In line with the "prevalent focus" on austerity in public expenditure on administration, the DFS said that it is desirable to rationalise such spending.

It further said that the expenditure on vehicles needs to be rationalised in particular as many banks have policies permitting purchase of vehicles on depreciated value.

"Purchase of expensive vehicles particularly close to retirement and their sale at a depreciated price to officers is a matter of concern that has come under vigilance scrutiny," the department said.

The DFS has asked state-owned banks to consider selling old cars and other vehicles at "market price through a transparent process".

Banks have been asked to adhere to the April 2007 guidelines regarding purchase of staff vehicles and "to revisit" their policies related to purchase, replacement and re-sale of cars/vehicles in the "best interests" of the bank, with the approval of the respective Board of Directors.

In April 2004, the ministry had permitted banks to purchase new vehicles for replacement or otherwise on "need basis".

09/05/2015

The India emerges as Young India comprising power ,techsavy, knowledge oriented whatsoever one can think the quality can be. But one reason young India lacks in experience to read the people & the actual scenario.

We live in many diversities. To cope with those situations is very difficult & challenging. Though we are moving ahead in IT sector or others but yet today Main India lives in villages where communication, conveyance is not as per required. Many part of our North Eastern States, Orrisa, Jharkhand, Chhattisgarh, UP, Bihar are deprived of development though there are many possibilities to develop.

The British thinking has been going on to
polticise any situation
Creat problems
Spread rumors as well as confusion all over.

The political parties those can not convert their meet mob into ballet spreading their veiws to common people want with their employees to give better services .

On the question of accommodation a MP advocates good Govt accommodation & environment in a TV News Channel.

How can an employee esp Banker can impart best services if his/her personal life is NOT balance in ongoing turbulence.

Now we feel being young WE ARE CURSE OF the society whether we are employed or not.

Life is not easy though it seems.
Life is very much difficult than it looks.

Though Banks fulfill the targets of

Financial Inclusion
Social security
Economic requirements of Public or Govt

It becomes a more deprived hub of dippressed, exploited, mentally unsound, socially insecured employees

Because a soft target always targeted & everyone likes comfort zone.

The Human Values have vanished.

22/04/2015

Ghost of Merger Re-awakes
Prepare small banks for merger with large PSBs: Finance Ministry panel
Small public sector banks, with assets of less than Rs 2-lakh crore, should be readied for merger with five large PSBs, a Finance Ministry-appointed panel has recommended.
PSBs with less than Rs 2 lakh crore assets (loans plus investments) include Andhra Bank, Bank of Maharashtra, Dena Bank, Punjab & Sind Bank, Vijaya Bank, and United Bank of India.
The large PSBs, with the capability to acquire include Bank of Baroda, Bank of India, Canara Bank, Punjab National Bank and Union Bank of India.
Ahead of the consolidation, the small PSBs will need to reorient their portfolio and improve operational efficiencies over the next one year. The Working Group on Consolidation and Restructuring of PSBs has proposed that as a means to improve profitability by leveraging economies of scale and avoiding duplication, all PSBs should share infrastructure, including back-office space, IT backbone and telecom contracts through a “shared service organisation.”
Reasons for consolidation
Most smaller public sector banks are caught in the middle. Having little differentiation, they focus on the same customer segments and have similar offerings.
Compared with private sector rivals, their net non-performing assets are four times more and the return on assets is just a third.
The banks will need to raise almost Rs 4.50-lakh crore in Tier 1 capital (which includes Rs 2.40-lakh crore equity capital) by March 2018 under Basel III norms.
The Working Group has suggested that over the next one year all PSBs focus on four areas — improving risk management capabilities, shifting to profitability-linked performance metrics, leveraging technology to reduce costs, and developing capital-light business models.
To rapidly reorient smaller PSBs, a performance assessment of their loan portfolio will be made so that they can exit areas where they are not strong or are unprofitable.
The next step for these banks would be to define the target customer segments.
After that, the large PSBs will identify the relevant acquisition targets based on complementary businesses and synergies. However, the panel suggested that any consolidation should be driven by market forces and decisions taken independently by the board of each bank.
There are 27 public sector banks, including State Bank of India’s five associate banks, in the country. As at March-end 2014, their share in total deposits and total advances was 77.22 per cent and 75.74 per cent, respectively.

06/04/2015

SBI to introduce assessment system to identify non-performers among its senior age group
→ This system proposes that if an employee, who has completed 20 years of service or aged 55, gets the lowest grade for three consecutive years, his service will not be extended beyond 58 years.
State Bank of India is set to introduce an assessment system that will identify chronic non-performers among its senior age group employees and stop offering them the now-guaranteed two-year extension, which allows every staff to work until 60 years of age. The new human resources policy also seeks to reward high performance with cash incentives, three people familiar with the matter said. The new system will be IT-based and evaluate employees based on how they conduct everyday tasks, such as account opening. Boston Consulting Group has advised SBI on this. SBI, the country's largest lender, employs about 2.30 lakh people at present and a good chunk of them are on the verge of retirement. In a note to all regional offices, the SBI management said the project is to identify efficient people and build competitive environment among employees, and not meant to identify low performers.
SBI may also link transfers to productivity, another first in the lender's history. Currently, transfers and placements are mutually decided between the management and the employee federation. Employees up to general manager may be assessed under the new system. "The project has not been rolled out as yet. Discussions are going on at various levels. We have also given our suggestions. So, at this stage, we don't like to comment," said Y Sudarshan, general secretary of the All India State Bank Officers' Federation. The policy will be effective from this fiscal year but some nuances are still being worked out, a senior official said. BCG suggested that SBI measure performances or productivity based on how much time one takes to conduct a particular transaction. For example, it suggested that account opening should not take more than 2.9 minutes. A monthly view will be taken on all budgetary and measurable roles.
A senior SBI official said the project aims to bring in objectivity in the evaluation system. For all roles, 70% of marks will be based on key result areas and 30% on assessment by supervisor. Key result areas have been standardised across officers or clerical categories assigned with the tasks of similar nature. Employees with similar work profile will be compared with each other. Employees will be graded in five groups: AAA, AA, A, B and C. The system, called Project Saksham, proposes that if an employee, who has completed 20 years of service or aged 55, gets the lowest grade for three consecutive years, his service will not be extended beyond 58 years. Promotion will be based on what grade an employee gets. According to SBI's service convention, employees are hired to work until 55 years of age and then they get extension twice: first to 58 years and then up to 60.

05/04/2015

Its true giving loans to farmers would not harm banks but ...... to bankers.

The previous comments of Govt itself clear ... only performance of banks will be criteria for providing aids.

What would be if such loans will lead to NPA. Govt has already fixed accountibilty for wrongs done. In this scenario how bank employee will feel secure to advance to farmers.

The overdraft facilities in PMJDY has been put in priority sector .... the very clever decision by Govt ..... giving all responsibilities to bankers.

Now again if banks fail to recover the loans under agriculture & PMJDY, banks would be termed responsible.

We are not against Govt policies but a secure environment too should be provided to bank employees.

16/03/2015

Tenth Bipartite Update
In today's sub-committee meeting between IBA and bank officers, non-monetary issues were discussed such as - transfer and posting of female employees, Leave fare concession, Paternity leave, Adoption leave, Increase in privilege leave, defined working hours for officers, Compensation package for late sitting of officers.
Next meeting will be held shortly.