Tuesday, July 21, 2015

RBI Assistant 2015 exam call letter

Reserve Bank of India released online exam call letters for the recruitment to the post of Assistant. Online exam is scheduled to be held on multiple shifts on August 1, 8, 9 and 16.Result of the online exam will be announced August last week itself.
Candidates can download their call letters from this link: http://goo.gl/MqanVU

Thursday, July 9, 2015

SBI PO 2015 Prelims result declared

SBI declared the result of the preliminary examination of PO recruitment held in multiple shifts in June 2015. Candidates can check their results from here. https://www.sbi.co.in/user.htm?action=sbiPreJune15 Candidates are shortlisted for the Main Examination (PhaseII) to be held on 26th July, 2015 based on the cut off marks as given below:

Wednesday, July 8, 2015

SBI PO Salary after 10th bipartite settlement

Bank Unions and Indian Bank's association signed an agreement to increase bank employees salary and allowances by 15%. The scale pay of Officers has been revised from Rs.14500 – Rs.52000 to Rs.23700 – Rs.85000. 

For SBI PO, 4 increments are given initially

Basic Pay = 23700 + 3920 =27620
Dearness Allowance = 33.7% of Basic Pay = 9307.94
Basic Pay + Dearness Allowance = 27620 + 9307.94 = 36927.94
NPS Contribution = 10% of 36927.94 = 3692.79
Basic Pay + Dearness Allowance – NPS Contribution = 33235.15
Special Allowance = 7.75% of Basic Pay and Dearness Allowance = 7.75% of 36927.94 = 2861.92
House Rent Allowance = 7% of Basic Pay = 1933.4
Total = 33235.15 + 2861.92 + 1933.4 = 38030.47

Apart from this there can be other deductions like professional tax and for officers association. It depends on the bank and place of posting. Also there is City Compensatory Allowance for certain places. There can be higher hra (8% or  9%) based on place of posting.
So a newly recruited Probationary Officer can expect take home salary of 37500+.
So SBI POs will initially get 5000+ salary extra compared to other Public Sector Bank POs appointed same year. Also other perks and allowances offered by SBI is best in the industry.
The Probationary Officers will be on probation of two years during which they will be given intensive training.Towards the end of their probation / training period, they will be subjected to a screening process. While those Officers who achieve the predetermined standards may be confirmed and given placement in the next higher grade i.e., Officer Middle Management Grade Scale-II.

Friday, July 3, 2015

SBI PO 2015 Mains date revised

SBI PO 2015 Online main examination date revised from August 1, 2015 to July 26, 2015. Those whose are shortlisted from the preliminary examination have to write online main exam on July 26. Call letter for the same can be downloaded from July 13 onwards. Result of preliminary exam will be announced next week (second week of July).

Friday, June 12, 2015

SSC CHSL 2015 Notification out - 6578 vacancies

Staff Selection Commission has released notification for Combined Higher Secondary Level 2015 exam for recruitment of Postal Assistants/Sorting Assistants, Data Entry Operators and Lower Division Clerks.
Pay of the Posts:
Postal Assistant/Sorting Assistant PB -1(Rs. 5200-20200) Grade Pay 2400
Data Entry Operator : Pay Band-1 (Rs. 5200-20200), Grade Pay Rs. 2400
Data Entry Operator : Pay Band-1 (Rs. 5200-20200), Grade Pay Rs. 1900
Lower Division Clerk: Pay Band -1 (Rs. 5200-20200), Grade Pay Rs. 1900
Vacancies: Tentatively the vacancies for the post of Postal Assistant/Sorting Assistant, LDC and DEO are 3523, 2049 and 1006 respectively.
Educational Qualification ( As on 01.08.2015): Must have passed 12th Standard or equivalent examination from a recognized
Board or University.
Notificationhttp://goo.gl/ho2jzq
Apply Onlinehttp://ssconline.nic.in/

RBI Assistant notification out

Reserve Bank of India has released notification for filling up 504 Assistant posts.
Applicants should have at least a Bachelor’s Degree in any discipline with a minimum of 50% marks (pass class for SC/ST/PWD candidates) in the aggregate and the knowledge of word processing on PC.

Notification: https://goo.gl/lR0x8e
Apply Online: http://goo.gl/7JO7kl

Wednesday, May 27, 2015

Bank PO salary after 10th bipartite settlement

Bank Unions and Indian Bank's association signed an agreement to increase bank employees salary and allowances by 15%. The scale pay of Officers has been revised from Rs.14500 – Rs.52000 to Rs.23700 – Rs.85000.

For a newly recruited bank Probationary Officer,

Basic Pay = 23700
Dearness Allowance = 33.7% of Basic Pay = 7986.9
Basic Pay + Dearness Allowance = 23700 + 7986.9 = 31686.9
NPS Contribution = 10% of 31686.9 = 3168.69
Basic Pay + Dearness Allowance – NPS Contribution = 28518.21
Special Allowance = 7.75% of Basic Pay and Dearness Allowance = 7.75% of 31686.9 = 2455.73
House Rent Allowance = 7% of Basic Pay = 1659
Total = 28518.21 + 2455.73 + 1659 = 32632.94

Apart from this there can be other deductions like professional tax and for officers association. It depends on the bank and place of posting. Also there is City Compensatory Allowance for certain places. There can be higher hra (8% or  9%) based on place of posting.
So a newly recruited Probationary Officer can expect take home salary of 32250+

Monday, May 18, 2015

CGL 2014 Tier II result declard

Staff Selection Commission declared Tier II result of SSC CGL 2014.
UR interview post cut off is 426.25 and 397.25 for non interview post.
Write up: http://goo.gl/meDANV
Interview Post result: http://goo.gl/A0H3ko
Non interview post result: http://goo.gl/s6BoeC

Saturday, May 2, 2015

SSC CGL 2015

Staff Selection Commission has invited application for Combined Graduate Level exam for recruitment to various Group 'B' and Group 'C' central government jobs. Staff Selection Commission will hold the Combined Graduate Level Examination, 2015 (Tier-I) on SUNDAY the 9th August, 2015 & 16th August, 2015.

Notification: http://goo.gl/o11q8b
Apply Online: http://goo.gl/XopQU3