# Banking

<pre><b>Bank probationary officer post is the entry level position</b> at which a bank officer starts work after posting. Typically, a bank PO undergoes a <b>2 year probation period or training</b> and then gets the post of Assistant Manager on joining a branch. Normal prospect of this job is general banking and bank administration; however, <b>bank POs</b> are expected to possess excellent communication skills and the ability to resolve conflicts in a cool and calm manner.</pre>

#### RBI

- Governor Mr. Shaktikant Das
- Deputy Governors
- BP Kanungo
- NS Vishwanathan
- MK Jain
- Michael Dev Patra

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#### IBPS

Institute of Banking Personnel Selection

- Formation 1975, Located at Mumbai.

- *Aim** to encourage the recruitment and placement of young graduates in 20 public sector banks and RRBs in India (other than SBI)
- Director **Shri Anup Sankar Bhattacharya**

- Government Autonomous Recruitment body

### Bank Mergers :heavy_plus_sign:

| Banks | Merged with |
| ----------------------------------------- | -------------------- |
| Oriental Bank of Commerce and United Bank | Punjab National Bank |
| Syndicate Bank | Canara Bank |
| Andhra Bank and Corporation Bank | Union Bank of India |
| Allahabad Bank | Indian Bank |
| Dena Bank and Vijya Bank | Bank of Baroda |

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- RBI has been conducting Financial literacy week (FLW) from February 10 to February 14 2020. The theme/subject is MSME (Micro, Small and Medium Enterprises)
- NPCI has permitted the IM platform Whatsapp to expand its UPI services to 10 million users. NPCI headquarter is in Mumbai.

- Gujrat has partnered with SBI to faciliate MSME loans.

- Whatsapp has got permission from NPCI to expand its UPI services to 10 million users.