Latest news with #ScheduledCommercialBanks
India Today
6 hours ago
- Business
- India Today
State Bank of India reopens application for 2,964 Circle Based Officer posts
SBI CBO recruitment 2025 has been reopened on the online portal, with the deadline set at midnight on June 30, 2025. This recruitment drive includes 2,964 vacancies, 2,600 regular and 364 backlog decision has been made, taking into consideration the candidates from Arunachal Pradesh and Nagaland to apply under North East Circle. The candidates must have passed Class 10 or 12 with English as a with prior officer-level experience of two years in Scheduled Commercial Banks or Regional Rural Banks are POST 2025: WHO CAN APPLY AND HOW TO REGISTER Eligibility: Graduates aged 21–30 years (age as of April 30, 2025), with a minimum of two years' experience in a scheduled commercial or regional rural bank, and proficiency in the local language of chosen process:Visit on 'New registration' under Advertisement with email and mobile, fill in the necessary details and upload all the required documentsComplete form, upload documents (photo, signature, certificates)Pay 750 (General/OBC/EWS); fee exempt for SC/ST/PwBDDirect link to apply for CBO postCBO POST 2025: SELECTION PROCESS AND TEST PATTERNShortlisted candidates will undergo:Online test (objective + descriptive)Document screeningInterviewLocal language proficiency testadvertisementThe online objective test (120 questions, 2 hours) will assess English, banking knowledge, general awareness/economy, and computer aptitude.A descriptive test follows, with typed letter writing and essay selection is based on a 75:25 ratio between test and interview scores. The local language test is mandatory unless exempted by previous CBOs will receive a starting basic pay of 48,480, along with two advance increments, and allowances such as DA, HRA, and other must apply online by June 30, 2025. Admit cards and online test dates are expected in July 2025. Candidates are advised to keep track of updates on the SBI careers page.
Business Standard
4 days ago
- Business
- Business Standard
Supervisory Data Quality Index score of Scheduled Commercial Banks improves
The Reserve Bank of India (RBI) has created a Supervisory Data Quality Index (sDQI) that measures data quality in terms of the Accuracy, Timeliness, Completeness and Consistency in the submission of returns. The objective of sDQI is to assess the adherence to the principles enunciated in the Master Direction on Filing of Supervisory Returns 2024. The sDQI score of Scheduled Commercial Banks (SCBs) has improved to 89.3 in n March 2025 as compared to 88.6 in March 2024. Scheduled Commercial Banks accuracy level score moved up from 86.1 in Mar-24 to 86.7 in Mar-25.
Time of India
14-06-2025
- Business
- Time of India
Bank loan: Retail loan stress may reverse NPA gains, CareEdge warns of unsecured segment risks in H1FY26
Non-performing assets (NPAs) in India's banking sector may inch up in the first half of FY26, driven by growing stress in the retail loan segment — especially unsecured personal and microfinance loans, according to a report released by CareEdge Ratings on Friday. The report estimates that the Gross NPA (GNPA) ratio for Scheduled Commercial Banks (SCBs) could rise marginally from 2.3 per cent at the end of FY25 to 2.3–2.4 per cent by the end of FY26. 'With the personal loans segment facing stress, especially unsecured personal and microfinance loans, the overall fresh slippages are expected to rise,' the agency said as quoted by ANI. This potential reversal follows years of consistent improvement in asset quality. Since March 2019, the GNPA ratio has steadily declined, helped by regulatory relief during the pandemic such as loan moratoriums and NPA recognition forbearance. The ratio improved further in FY25, reaching 2.3 per cent by the end of Q4, driven by recoveries, higher write-offs, and lower slippages across bank groups. Private sector banks (PVBs), however, continued to record higher slippage ratios than public sector banks (PSBs), mainly due to increased NPA formation from unsecured lending to individuals and small businesses. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với sàn môi giới tin cậy IC Markets Tìm hiểu thêm Undo While retail and services sectors have shown improvement — with GNPA in services falling to 2.3 per cent in December 2024 from 7.2 per cent in March 2020 — retail NPAs remain a concern, especially in education loans and credit card dues. CareEdge also highlighted a structural shift in India's credit landscape, with banks leaning more toward retail lending amid falling corporate credit demand, corporate deleveraging, and the availability of alternative funding options. As of December 2024, household debt stood at 42.1 per cent of GDP, relatively low by global standards but rising steadily. While asset quality remains broadly healthy, the agency warned that continued pressure from unsecured retail lending could result in more fresh slippages and slower recoveries in the coming quarters Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Business Standard
02-06-2025
- Business
- Business Standard
Bank deposits up 10.6% in FY25, Household sector accounts for largest share of deposits at 60.2%
The Reserve Bank of India (RBI) has stated that bank deposits grew (y-o-y) by 10.6 per cent during FY 2024-25 as compared to 13.0 per cent, net of merger of a non-bank with a bank with effect from July 1, 2023, in the previous year. Household sector accounted for the largest share of Scheduled Commercial Banks's deposits at 60.2 per cent; the share of female depositors was 20.7 per cent in March 2025. Branches in metropolitan areas, which constituted the dominant share in deposits, recorded 11.7 per cent annual growth in March 2025; whereas rural, semi-urban and urban centres registered 10.1 per cent, 8.9 per cent, and 9.3 per cent annual growth, respectively. The higher returns on term deposits led to higher accretion in such deposits as compared to other type of deposits; the share of saving deposits declined to 29.1 per cent in March 2025 as compared to 30.8 per cent a year ago and 33.0 per cent two years ago. Nearly 68.4 per cent of term deposits were having the original maturity of one to three as on March 2025. The share of term deposits bearing interest rate of '7 per cent and above' increased and stood at 72.7 per cent in March 2025 as compared to 64.2 per cent a year ago and 33.5 per cent two years ago. The share of term deposits of size 'Rs. one crore and above' increased to 45.1 per cent in March 2025 from 43.7 per cent in March 2024. The share of senior citizens' deposits was 20.2 per cent of total deposits as on March 2025.
