RBI has released the interview call letters for the post of assistants. All the successful candidates can download the call letters.
To Download Call letters : Click Here
Monday 5 October 2015
RBI Assistant Interview Call Letters Released
RBI has released the interview call letters for the post of assistants. All the successful candidates can download the call letters.
Sunday 4 October 2015
Federal Bank Probationary Officers Call Latters Released
To Download the Call Letter for the Test, Check below links.
To Download Call Letters : Click Here
ESIC Hyderabad Recruitment Notification Released
ESIC Hyderabad Recruitment For Upper Division Clerk & Multi Tasking Staff Posts. Eligible And Interested Candidates Can Apply On Or Before 31 October 2015.Selected will Based on Their Performance In Written Exam, Interview .Further Information Regarding Qualification, Age Limit, Selection Procedure, Exam Pattern, Syllabus for ESIC Hyderabad is mentioned below.
Name:ESIC
Post Name :1.Upper Division Clerk
2.Multi Tasking Staff
No Of Posts:4
Qualification:
For I. For the post of Upper Division Clerk (UDC)
For I. For the post of Upper Division Clerk (UDC)
(i) Degree of a recognized University or equivalent.
(ii) Working knowledge of Computer including use of office suites and Databases
II. For the post of Multi Tasking Staff (MTS):Matriculation or equivalent pass
Age Limit:As on 31.10.2015
For Upper Division Clerk : 18 to 27 Year
For Multi Tasking Staff : 18 to 25 Year
Age Relaxation :
For SC/ST Candidates : 5 Year
For OBC Candidates : 3 Year
Pay Scale: Rs.5200-20200/-
Selection Procedure:The examination shall consist of following two parts as under:
PART –I:Written Examination
PART-II:Computer Skill Test
How to Apply: Interested & Eligible candidates may apply in Prescribed Application Form along with self attested copies of certificate send to Regional Director, Establishment-1, Regional Office, E.S.I. Corporation, 5-9-23, Hill Fort Road, Adarshnagar, Hyderabad-500063 on or before 31.10.2015.
Last Date for Submission of Application : 31.10.2015
For Official Notification : Click Here
Uttar Pradesh PSC Final Result 2015 I For Lecturer and Professor Post
IIT Gandhinagar Recruitment:2015
IIT Gandhinagar Recruitment For Software Developer,IT Engineer,project Assistant&System Administrator Eligible And Interested Candidates Can Apply On Or Before 25 October 2015.Selected will Based on Their Performance In Written Exam, Interview .Further Information Regarding Qualification, Age Limit, Selection Procedure, Exam Pattern, Syllabus for IIT Gandhinagar is mentioned below.
Name:IIT Gandhinagar
Post Name :1.Software Developer
2. IT Engineer
3.System Administrator
4.Project Assistant
Job Location:Gandhinagar (Gujarat)
No Of Posts:4
Qualification:For Software Developer : B.E./B.Tech. in Computer Science, Information Technology or any other relevant branch of engineering with minimum of 65% marks & four year experience in IT industry as a Software Developer.
For IT Engineer : B.E./B.Tech. in Computer Science, Information Technology or any other relevant branch of engineering or MCA with minimum of 65% marks & four years of work experience.
For System Administrator : B.E./B.Tech. in Computer Science, Information Technology or any other relevant branch of engineering or MCA with minimum of 65% marks & three years of work experience in IT industry.
For Project Assistant : B.E./B.Tech. in Computer Science, Information Technology or any other relevant branch of engineering or MCA with minimum of 65% marks & two years experience in office filling, documentation.
Age Limit: For General category : For Software Developer & IT Engineer : 30 Years
For System Administrator : 28 Years
For Project Assistant : 25 Years.
Pay Scale: Consolidated Pay of Rs. 25,000 – Rs. 40,000 per month.
Selection Procedure:Selection will be made on Written Test & Interview.
How to Apply: Interested Candidates may apply Online through the website www.iitgn.ac.in from 23.07.2015 to 25.10.2015.
Important Dates to Remember :
Last Date For Submission Of Online Application : 25.10.2015
Apply Online: Click Here
Karnataka State Police Recruitment Notification:2015
Karnataka State Police Recruitment For Special Reserve Police Constable-KSRP Eligible And Interested Candidates Can Apply On Or Before 30 October 2015.Selected will Based on Their Performance In Written Exam, Interview .Further Information Regarding Qualification, Age Limit, Selection Procedure, Exam Pattern, Syllabus for Special Reserve Police Constable-KSRP is mentioned below.
Name:Karnataka State Police
Post Name : Special Reserve Police Constable-KSRP
Job Location: Hyderabad -Karnataka
No Of Posts:180
Qualification: Candidates must have SSLC- CBSE, SSLC-ICSE, SSLC-SSC, SSLC or equivalent.
Age Limit: For General category : 18 to 25 years
For SC/ ST/ CAT-01/ 2A/ 2B/ 3A/ 3B category : 18 to 27 years
Tribal candidates : 18 to 30 years
Pay Scale:Rs. 11600-21000/-
Selection Procedure:The selection will be based on written test, interview and Endurance and Physical Standard Test.
Application Fee:For General / OBC Candidates : Rs. 250/-
For SC/ ST/ PWD Candidates : Rs. 100/-
Payment of Application should be made in state bank of Mysore (sbm)/ state bank of Hyderabad (sbh) only. Candidates have to fill the application and generate the challan and make the payment in the respective bank.
How to Apply: Interested candidates may apply online through the official website www.ksp.gov.in from 01.10.2015 to 30.10.2015.
Important Dates to Remember :
Starting Date For Submission Of Online Application : 01.10.2015
Closing Date For Submission Of Online Application : 30.10.2015
Last Date For Payment of Application Fee : 31.10.2015
For Official Notification : Click Here
Saturday 3 October 2015
Difference Between RTGS And NEFT
1. National Electronic Funds Transfer (NEFT)
Transfer of funds initiated by electronic means such as an electronic terminal, telephone, computer, or ATM. The NEFT facilitates the process of fund transfer within the same bank or inter-bank transfers. The minimum amount that can be transferred is as low as Rs 100.
NEFT
The acronym “NEFT” stands for National Electronic Funds Transfer. It is an online system for transferring funds from one financial institution to another within India usually the banks). The system was launched in November 2005, and was set to inherit every bank that was assigned to the SEFT (Special Electronic Funds Transfer System) clearing system. It was made mandatory by the RBI for all banks on the SEFT system to migrate to NEFT by mid December 2005. As such, SEFT was discontinued as of January 2006. The RBI welcomed banks that were full members of the RTGS to join the NEFT system.
RTGS
The acronym “RTGS” Stands For ‘Real Time Gross Settlement’. RTGS is a funds transfer system where money is moved from one bank to another in ‘real-time’, and on gross basis. When using the banking method, RTGS is the fastest possible way to transfer money. ‘Real-time’ means that the payment transaction isn’t subject to any waiting period. The transaction will be completed as soon as the processing is done, and gross settlement means that the money transfer is completed on a one to one basis without clustering with another transaction. The transaction is treated as final and irrevocable as the money transfer occurs in the books of the RBI (Reserve Bank of India). This system is maintained by the RBI, and is available during working days for a given number of hours. Banks using RTGS need to have Core banking to be able to initiate RTGS
Minimum/Maximum amount for RTGS/NEFT transactions under Retail Internet Banking
Type
|
Minimum
|
Maximum
|
RTGS
|
Rs. 2 Lakh
|
No limit
|
NEFT
|
No Limit
|
No limit
|
Minimum/Maximum amount for RTGS/NEFT transactions under Corporate Internet Banking
Type
|
Minimum
|
Maximum
|
RTGS
|
Rs. 2 Lakh
|
No limit
|
NEFT
|
No Limit
|
No limit.
|
Time Schedule for RTGS & NEFT services
RTGS transactions will be sent to RBI based on the following schedule:
RBI Settlement Timings for RTGS Transactions
(other than Inter Bank Transactions)
|
Day
|
Start Time
|
End Time
|
Monday to Friday
|
09:00 hrs
|
16:30 hrs
|
Saturday
|
09:00 hrs
|
13:30 hrs
|
· NEFT transactions will be sent to RBI based on the following schedule:
RBI Settlement Timings
|
Day
|
Start Time
|
End Time
|
Monday to Friday
|
09:00 hrs
|
19:00 hrs
|
Saturday
|
09:00 hrs
|
13:00 hrs
|
NEFT transactions are settled in batches based on the following timings:
· Settlements on weekdays at hourly intervals from 9:00 hrs to 19:00 hrs
· Settlements on Saturdays at hourly intervals from 9:00 hrs to 1:00 hrs.
Please note that all the above timings are based on Indian Standard Time (IST) only
Mandatory information for RTGS & NEFT payment
The Remitter has to provide the following details:
· Amount to be remitted
· Account no. to be credited
· Name of the beneficiary bank
· Name of the beneficiary customer
· Sender to receiver information, if any
· IFSC code of the receiving branch.
· Mobile number of the remitter.
The amount will be credited to the account basing on the account number only. As such remitter has should be cautious on the account number while transferring the amounts in electronic mode
Difference between RTGS Vs. NEFT
The fundamental difference between RTGS and NEFT, is that while RTGS is based on gross settlement, NEFT is based on net-settlement. Gross settlement is where a transaction is completed on a one-to-one basis without bunching with other transactions. On the other hand a Deferred Net Basis (DNS), or net-settlement means that the transactions are completed in batches at specific times. Here, all transfers will be held up until a specific time. RTGS transactions are processed throughout the working hours of the system.
RTGS transactions involve large amounts of cash, basically only funds above Rs 200,000 may be transferred using this system. For NEFT, any amount below Rs 200,000 may be transferred, and this system is generally for smaller value transactions involving smaller amounts of money.
RTGS processes in real-time (‘push’ transfer), while NEFT processes in cycles during the given working day. This causes a NEFT transaction that is initiated later than the last cycle to be completed the next day.
So if you want to transfer large sums of money real time RTGS is better but for small amounts where there is not much urgency NEFT is a Better Option. Usually RTGS costs more than NEFT Transactions.
TABLE OF DIFFERENCES BETWEEN NEFT & RTGS
Criteria
|
NEFT
|
RTGS (Retail)
|
Settlement
|
Done in batches (Slower)
|
Real time (Faster)
|
Full Form
|
National Electronic Fund Transfer
|
Real Time Gross Settlement
|
Timings on Mon – Fri
|
8:00 am – 6:30 pm
|
9:00 am – 4:30 pm
|
Timings on Saturday
|
8:00 am – 12:30 pm
|
9:00 am – 1:30 pm
|
Minimum amount of money transfer limit
|
No Minimum
|
2 lacs
|
Maximum amount of money transfer limit
|
No Limit
|
No Limit
|
When does the Credit Happen in beneficiary account
|
Happens in the hourly batch Between Banks
|
Real time between Banks
|
Maximum Charges as per RBI
|
Upto 10,000 – Rs. 2.5
from 10,001 – 1 lac – Rs. 5 from 1 – 2 lacs – Rs. 15 Above 2 lacs – Rs. 25 |
Rs. 25-30 (Upto 2 – 5 lacs)
Rs. 50-55 (Above 5 lacs) (Lower charges for first half of day) |
Suitable for
|
Small Money Transfer
|
Large Money Transfer
|
West Bengal PSC Result 2015 Released For Lecturer (Petrochemical Engineering) Post
To view the Result: Click Here
Complete list Of Winners And Runners Of Australian Open 2015
Australian Open 2015
Mens Singles :
Winner - Novak Djokovic (Serbia)
Runner - Andy Murray (Britain)
Womens Singles :
Winner - Serena Williams (US)
Runner - Maria Sharapova (Russia)
Men’s Doubles :
Winner - Simone Boleli and Fabio Fogini ( Italy Pair)
Runner - Pierre-Hugues Herbert and Nicolas Mahut ( French pair)
Women’s Doubles :
winner - Bethanie Mattek-Sands (US) and Lucie Safarova (Czech Republic)
Runner - Zheng Jie (China) and Chan Yung-jan (Taiwan)
Mixed Doubles :
winner - Leander Paes (India) and Martina Hingis (Switzerland)
Runner - Daniel Nestor (Canada) and Kristina Mladenovic (France)
Subscribe to:
Posts (Atom)