Tag Archives: Banking Sector

Banking Sector is in great demand these days

Banking Sector is in great demand these days. Apart from Engineering, Medical, IT etc. students prefer banking as their future career option and strive to excel in that as there are numerous opportunities available for the fresher’s in banks these days. And, this number only seems to be increasing nationwide every day. In this competitive environment today, apart from a will to be at the top, it’s important that we avail and make the best of the opportunity that comes forth. This article provides you with all the information that’s helpful for you to make a decision on the coaching institute and hence, a successful career in the making.You may be a good student academically but in these times it isn’t enough to score an edge competitively. You need that something; something extra so that you start to excel in the first step towards your goal. And, that’s where most of the coaching centers step in and play a major role. They offer you time tested test tips, techniques, strategies, short cut methods, tricks and solve problems effectively and quickly. may not be an answer to your problems as they may lack the potential to deliver what it takes. So, firstly one needs to gather all the apt information about its institute before joining. There are some parameters on the basis of which you can judge the coaching centers. Those parameters are: Reputation of the Institute Experienced and trained faculty members Quality of teaching and correct strategies Success rate Affordable fees structure, etc. The Banking Exams Pattern and Admission Processes are given below 1. Reserve Bank Of India- An All India Exam is conducted for first class posts. RBI examination consists of General Mental Ability Paper and English Proficiency Paper. 2. Foreign/Private Banks: Reputed management institutes like IIMs, University of Bombay, and University of Delhi make the selections. Candidates go through a 3 week orientation program before the 6 month-1 year training, they are made Assistant manager. 3. State Bank and other Nationalized Banks: Written test and Interview for Probationer Officer Selection is made by the Central Recruitment Board (SBI) 4. Nationalized Commercial Banks: Advertising is done through the Banking Service Recruitment Boards (BSRB) Banking Entrance Exam usually involves a selection process that could include a written test and a group discussion/personal interview. Banking sector in India thus comprises of Commercial Banks and Co-operative Banks which conduct the exams for the recruitment of candidates for various positions through advertising in national news papers. Different banks set different eligibility requirements for various posts. Generally graduates from any discipline are eligible for the entry point officer cadre positions in various commercial (public/private sector) banks. For more information about Bank PO Coaching and Clerical Exams, latest information with latest updates on our website. Competition Cell provides best

Jobs in Banking Sector

Every one out of three students that we come across in today’s time is looking out for a job in the banking sector. It seems very logical as every bank today, be it public or private is looking to expand business in India. With this enters fierce competition that make thousand of candidates apply for the post of Bank PO but only a few make it. The students should keep some points in mind while and coaching. The academic qualification of the candidate should be a degree in any discipline from a recognized university or equivalent qualification by government of India. A candidate with good knowledge of computers is given preference. The applicant must be between with minimum of 21 and maximum of 30 years as per date of filling up the form. There is a provision of relaxation of age for OBC and SC, ST classes. Ex- serviceman and commissioned officers who gave minimum of 5 years of military service also get relaxation in their age. Persons with disability like visually handicapped also get some relaxation in their age. The selection process for the post of for different exams in India mainly comprises of two stages of written exams and upon selection in written exam goes to the second stage of interview/group discussion. The Written test majorly comprises of objective test, reasoning ability, quantitative aptitude, general awareness and general knowledge about banks. Application procedure mainly comprise of online submission of bank entrance application form through official website of respective banks. Every bank is in a race of becoming the best in the face of fierce competition and advent of technology. Customer satisfaction policy and minimal risks are the mantra of the day for all the banks. The commercial banking structure in India consists of Scheduled Commercial Banks and Unscheduled Banks. Scheduled commercial Banks constitute those banks which have been included in the Second Schedule of Reserve Bank of India (RBI) Act, 1934. RBI in turn includes only those banks in this schedule which satisfy the criteria laid down vide section 42 (6) (a) of the Act. With so much competition around, banks are focused in being the best in the country. And that in return demands quality personnel through means of written tests and rounds of personal interviews. It becomes important for the candidates to ensure that they meet with the eligibility criteria and adhere to the instructions in the official advertisement and complete the application form in all respect.