“One secret of success in life is for a man to be ready for his opportunity when it comes.“ Benjamin Disraeli

Institute of Banking Excellence – IBEX

Banking is one of the most exciting sectors today, offering employment and career opportunities of an unbound scale.  It is an integral part of financial system which is bound to witness drastic changes in its landscape.

The banking has become much more exciting with RBI issuing fresh bank licenses and structural changes in this space shying a shade away. The demand for successful and excellent bankers will witness an unprecedented rise. Its time for you to rise to the occasion and achieve excellence in your career. Never mind in which scale you are, because Excellence is not in being where you are but in going from where you are. We at Institute of Banking Excellence aim at bringing the best in you and once you discover your best nothing can stop you from achieving success and great heights in your career. Promotion is one of the most potent measures of success in banking industry.

If you are ambitious enough to touch those heights, believe you can. But what you need is right guidance. And Institute of Banking Excellence will ensure that you get what you start for.

Internal Promotion Test:- IBEX study material explains all relevant and important aspects in easy language.  Study Material alongwith Sample Test Papers will enable you to pass through the tests with ease. Take a tour of Study Material to know more about it. Interview:- Going to interview means just being inches away from success. Do you realize that if you are able to create positive impression, your chances of success are tilted in your favour manifolds.  We bring the best guidelines for you to sail through the interview, it will enable you to know and identify the success factors like what to wear on interview, how not to get nervous and importantly how to succeed in INTERVIEW, and all the more important – the Important Questions with explained Answers.

If you have already appeared in The Promotion Test, you can send us questions and we will declare the winner and award the three entries sending us maximum question.

If you have any question relating to banking, please post the same at ibexcellence@rediffmail.com or ibex@ibexindia.co.in and we will try to send you the response as quick as possible.


by IBEX on Ibex

Agriculture Export Policy, 2018 with aim to double farmer’s income by 2022 has approved by Indian Government.The main objectives of the Export Policy are1. Double agricultural exports from present US$ 30+ Billion to US$ 60+ Billion by 2022 and reach US$ 100 Billion in next few years thereafter with stable trade policy regime.2. Diversify India’s export basket, destinations and also boost high value and value added agricultural exports including perishables.3. Provide institutional mechanism for pursuing market access, tackling barriers and deal with sanitary and phyto-sanitary issues.4. Strive to double India’s share in world agri-exports by integrating with global value chain at earliest.5. Promote indigenous, organic, ethnic, traditional and non-traditional agri products exports.6. Enable farmers to benefit from export opportunities in overseas market.

by IBEXINDIA on Ibex

The five-judge bench struck down section 57 of the Aadhaar act, which allows corporate entities or even individuals to demand an Aadhaar card in exchange for goods and services. As a result, now no school, office, or company can force anyone to reveal the unique 12-digit number. Nor is it mandatory for opening bank accounts or for mobile connections. However, the Aadhaar number must still be quoted to file income tax returns and apply for a personal account number (PAN

by IBEXINDIA on Ibex

CGTMSE vide its circulars dated 31.10.2018 has effected two major changes
i)The clause that credit facilities extended at rate of interest more than 14% pa. will not be eligible for Guarantee cover has been replaced. Any credit facilities extended at rate of interest not in compliance with RBI guideline will not be eligible for Guarantee cover.
ii)As per extant guidelines the Retail credit facility between Rs.10.00 lakh to Rs.100.00 lakh only was eligible for Guarantee cover. The lower limit has been removed, as of now any credit facility upto Rs.100.00 lakh extended to retail credit is now eligible for guarantee cover.

by IBEX on Ibex
Merchant Discount Rate

MDR charges on transactions up to Rs.2000The Merchant Discount Rate (MDR) charges on transactions up to Rs. 2,000 made through debit cards, BHIM UPI or Aadhaar-enabled payment systems (AePS) will be borne by the Government, for a period of two years with effect from 1 January, 2018. The expenses will be reimburse the same to the banks.. This is being done in order to promote digital transactions. The consumer and the merchant will not have to bear the burner of MDR as the same will be borne by the government.MDR is the fee charged by Banks from merchant for accepting payment from their customers in credit and debit cards is used

by IBEX INDIA on Ibex

CriSidEx: India First MSE Sentiment IndexThe SIDBI (Small Industries Development Bank of India) and ratings agency Crisil have launched CriSidEx, India’s first MSE Sentiment Index for micro, small and medium enterprises (MSMEs). The index will help to indicate the current state and expected outlook on the MSME sector every quarter.CRISIL-SIDBI MSE Sentiment Index (or CriSidEx) has been developed jointly by CRISIL and SIDBI. It is a composite index based on diffusion index of 8 parameters. It measures MSE business sentiment on a scale of 0 (extremely negative) to 200 (extremely positive).The parametric feedback for the index will be captured through a survey of 1100 MSEs. CriSidEx will have 2 indices, one for ‘survey quarter’ and another for ‘next quarter’. Once trend emerges after few rounds of survey, it will provide independent time series data.

Page 1 of 7:


“Got promoted from scale 2 to 3, with All India Rank No.1, Thanx IBEX
Amith C Shetty,
Senior Branch Manager, Vijaya Bank, Karkala, Karnatka

"Dear sir, IBEX is really a very good institute in India and is a good guider to those who want to get promotions in banking career. Your syllabus is short, concise, easy to understand and each and every point has immense knowledge. I have been promoted in PNB MMG 2 to MMG-3. Test recently conducted by IBPS on 08.05.2016.::
With regards M P Singh
Manager, PNB-Chaundhera (BSR) UP. Mobile-09758586809" (Session 2016-17)