Magme welcomes you to explore the world of the “Most world records achiever’s Bank Pre-recruitment Training Institute”.







LATEST NOTIFICATIONS





OUR EXAM DOMAINS


IBPS – PO | IBPS – SO | IBPS – Clerk | SBI – PO | SBI – Clerk| SBI – SO | RRB | RBI | LIC | SSC


CLASS SCHEDULE

  • BATCH M01M Quantitative Class – Unit Two & Unit Four

  • BATCH M02W Reasoning Class – Unit Five & Unit 1 Revision

  • BATCH M07AN English Class – Unit three

  • BATCH M05CE Banking Awareness Class – RBI and Banking Terminologies

  • BATCH M03CM Mock Interview Section

  • All Batch Students contact to Branch Admin for Test Paper Answer & Booklet





  • Quick Facts


    Bank Rate

    Current Rate of Bank rate, CRR,SLR,Repo, Reverse Repo rate, MSFR.
    As of 19 November 2016,

    Indicator Current rate
    Policy Repo rate 6.25%
    Reverse repo rate 5.75%
    Bank rate 6.75%
    Marginal Standing facility rate 6.75%
    CRR 4.00%
    SLR 20.75%
    Inflation 4.20%
    Base Rate 9.30% - 9.65%
    MCLR (Overnight) 8.65% - 9.00%
    Savings Deposit Rate 4.00%
    Term Deposit Rate > 1 Year 6.50% - 7.30%

    Exchange Rate

    As of 19 November 2016

    RBI Reference Rate
    INR / 1 USD 68.0937
    INR / 1 Euro 72.2134
    INR / 100 Jap. YEN 61.56
    INR / 1 Pound Sterling 84.4158

    Source:Reserve bank of India

    India Economic-GDP

    The Gross Domestic Product (GDP) is a monetary measure of the market value of all final goods and services produced in a period (quarterly or yearly).
    GDP is gross domestic product, the total economic output of a country, i.e., the amount of money a country makes.
    GDP per capita is the total output divided by the number of people in the population.

    Keys Data
    GDP $2.29 trillion (nominal; 2016)
    $8.64 trillion (PPP; 2016)
    GDP rank 7th (Nominal) / 3rd (PPP)
    GDP growth 7.9% ( FY 2015-16 Q4(Jan-Mar 2016)est.)
    GDP per capita $1,820 (nominal; 129th; 2016)
    $6,664 (PPP; 108th; 2016)
    GDP by sector Agriculture and Fisheries: 16.1%
    Industry: 29.5%
    Services: 54.4% (2015 est.)












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    Bengaluru Branch

    Magme Learnings Building,
    Vidhyanagar, Bommasandra, Hebbagodi,Electronic City, Bengaluru, Karnataka 560100

    Hosur Branch 01

    Magme School of Banking,
    Moovendhar nagar,Bagalur Road,Hosur,Tamilnadu – 635109.

    Hosur Branch 02

    Magme School of Banking,
    Bangalore Road, Near New Bus stand,Kamaraj Colony, Hosur,Tamil Nadu-635109