Credit Card Offer for Bank of Baroda Staff

Our bank has introduce revised scheme of Credit card for Staff
Please refer the Circular : BCC:BR:110:81

Finacle 10 : Problems and Solutions

Dear All

We all are facing too much problems in using Finacle 10. Please post your problems here and Please share all your idea and experience or Finacle 10.

Please comment Problems as well as solutions.

Hope to have a good platform to discuss and to learn new things in Finacle 10.

Thank you 

Sachet : An SLCC and RBI initiative

Visit :

http://sachet.rbi.org.in

State Level Coordination Committee (SLCC) is the joint forum formed in all States to facilitate information sharing among the Regulators viz. RBI,SEBI,IRDA,NHB, PFRDA, Registrar of Companies (RoCs) etc. and Enforcement Agencies of the States viz Home Department, Finance Department, Law Department, Economic Offences Wing (EOW) etc., with the objective to control the incidents of unauthorized acceptance of deposits by unscrupulous entities. In the recent past, there has been a spurt in the activities of the entities which accept money under various garbs by violating the directions of the Regulators and structure their scheme in a manner which escapes the apparent meaning of Deposits and the attention of the Regulators.

SLCCs were reconstituted in May, 2014 with renewed focus on the illegal activities of the unauthorised entities. In the last 2 years, the regular discussion among the Regulators and Enforcement Authorities has led to increased awareness & co-ordination and Standard Operating Procedures are being evolved for effective handling of such matter.

We welcome members of public to share any relevant information at this Forum, and that will help us in addressing the problem of unauthorised collection of deposits more effectively.

Modification in Thresold Amount and Sweep Frequency

Modification in Thresold Amount and Sweep Frequency

Our bank is having Auto sweep deposit scheme for below mention product. There are some changes done by bank in Thresold Amount and Sweep Frequency.

Note : This changes are effctive from 01 December - 2016

• Baroda Super Saving Bank Account (SB117)
• Baroda Premium Current Account (CA108)
• Baroda Premium Current Account - Previlege (CA107)

Increase in Thresold Amount :

• From 20,000 to 50,000 for Baroda Super Saving Bank Account
• From 75,000 to 5,00,000 for Baroda Super Saving Bank Account
• From 2,50,000 to 5,00,000 for Baroda Super Saving Bank Account

Flexibility in Increasing Thresolf/Sweep Out Amount  :

• On request of the customers if any, Branches will be able to increase the thresold amount.
• As per the preference of the customer, Sweep amountcan also be incresed in multiples of minimum sweep out amount specific to the schecme

Modification in Frequency :

• From Daily to Weekly ( Every Monday)

There are also some clarifications available for purticular scheme. Please refer the circular BCC:BR:108/496. Click to Download

Promotion, Deployment and Business Planning Calendar for the Year 2017-18

Reference : Circular BCC:BR:108/497 date 20-10-2016 Click to download

Plan Of Activity	Tentative schedule Written Test - - Interview Dates	Tentative Result Date
CL to JMG-I	8th January - 2016 1st Week of Feb-2016	1st April-2016
JMG-I TO MMG-II	15th January - 2016 2st Week of Feb-2016	1st April-2016
MMG-II to MMG-III	15th January - 2016 3st Week of Feb-2016	1st April-2016
MMG-III to MMG-IV	--------------- 4st Week of Feb-2016	1st April-2016

Opening of Advacne Account "Allied activities to Agriculture" under Pradhan Mantri Mudra Yojana - PMMY

All publ ic sector banks including our bank are give lots of target to canvas the Advances under PMMY.
With respect to this our bank has given a circular to Coverage of Allied Activities to Agriculture under PMMY. (Reference : Circular no. BCC/BR:108/469 dated 04/10/2016)

Many branches are quiring regarding the matter, Thus bank has give another circular which give the below information to our credit officers.

Clarification 01 :

Regaring opening new Account, Branches have to open the account as usual with its respective scheme code but just need to do one change

• Put unique code 300 in Ledger number field in General Account Details

Clarification 02:

All the existing accounts opened after 01/4/2016, which are under Allied Activities to Agriculure and are satisfing the guideline of PMMY can be reported under PMMY. For this purpose we need to do below step.

• Do ACM for the purticular account and Put unique code 300 in Ledger number field in General Account Details
• Do ACM -> Function M->Option 0 (Zero)->put code 300->F4->F10

Reference : Circular no . BCC:BR:108/490 Dated 17/10/2016

Opening of Advacne Account "Allied activities to Agriculture" under Pradhan Mantri Mudra Yojana - PMMY

All publ ic sector banks including our bank are give lots of target to canvas the Advances under PMMY.
With respect to this our bank has given a circular to Coverage of Allied Activities to Agriculture under PMMY. (Reference : Circular no. BCC/BR:108/469 dated 04/10/2016)

Many branches are quiring regarding the matter, Thus bank has give another circular which give the below information to our credit officers.

Clarification 01 :

Regaring opening new Account, Branches have to open the account as usual with its respective scheme code but just need to do one change

• Put unique code 300 in Ledger number field in General Account Details

Clarification 02:

All the existing accounts opened after 01/4/2016, which are under Allied Activities to Agriculure and are satisfing the guideline of PMMY can be reported under PMMY. For this purpose we need to do below step.

• Do ACM for the purticular account and Put unique code 300 in Ledger number field in General Account Details
• Do ACM -> Function M->Option 0 (Zero)->put code 300->F4->F10

Reference : Circular no . BCC:BR:108/490 Dated 17/10/2016