Showing posts with label Bank Jobs. Show all posts
Showing posts with label Bank Jobs. Show all posts

Getting Ready for Upcoming Career Opportunities in Banks -How and Why to Prepare for Banking Careers in India


GETTING READY FOR UPCOMING CAREER OPPORTUNITIES IN BANKS
How to Prepare for Banking Careers in India

There are few prestigious careers in the country which are possible with a qualification as simple as graduation. One is Civil Services for which the process is conducted by the Union Public Service Commission (UPSC) every year. The other is a career in government-owned banks which may be possible by qualifying in the Bank written examination conducted by the Institute of Banking Personnel Selection (IBPS) and SBI. This employment article is about the latter. Banks in India, particularly the government-owned (Public Sector) banks provide an excellent career option for young people, so there is no surprise that more and more young people are drawn towards them for a meaningful and long-lasting career. When a small survey was conducted amongst jobseekers to understand why they are keen to join a government bank, the following points were made most commonly:

- The eligibility norms are simple
- The selection process is completely transparent, democratic and fair
- The selection process is completed in a time bound manner
- The service conditions are well defined with pay, allowances and other benefits to the employees
- There are good opportunities for promotion
- In our social structure working in a bank is considered much prestigious
- Opportunities are available across the country

Getting Ready for Upcoming Career Opportunities in Banks


Few other positive observations were also made. But whatever has been said above should be enough to consider banking as a career for those who possess the required aptitude.

The way banks have expanded their network in the country has few parallels in the world. In July 1969, 14 major banks of the country were nationalized. The next phase of nationalization happened in 1980 when 6 more banks were nationalized. Banks were asked to play a major role in socio-economic development of our nation. A large number of bank branches were opened in villages and in other far-off areas which have been hitherto unrepresented in banking facilities. After the merger of Dena Bank and Vijaya Bank in Bank of Baroda, now there are 18 nationalized banks.

Regional Rural Banks came into existence through an ordinance issued in the year 1975. This ordinance was replaced by Regional Rural Banks Act in 1976. After reorganization now there are about 55 RRBs in the country.

Since a large number of people work in these (public sector/regional rural) banks, there is a regular turnover of employees. A number of employees superannuate, many get promoted to higher positions and few moves to other organizations. To fill the gap so caused, these banks have to recruit fresh people periodically and therein lies the opportunity for our young friends who want to have a career in banking.

Basically, banks have three levels of employment for freshers-subordinate staff, clerks, and officers. There are very limited vacancies for subordinates' position and selection doesn't take place on all India basis. So, in this article, we're going to cover the selection process for general banking officers and clerks only. A major segment of these employees in banks, directly attends to customer requirements. A smaller section is involved in back-office activities, general or remote administration etc.

There are separate examinations for RRBs and PSBs under the aegis of IBPS. Again the selection process for both clerks and officers is segregated for both set of the above banks. Please note that the selection test for State Bank of India is conducted separately.

In RRBs clerical positions come under group 'B' with the nomenclature of 'office assistant multi-purpose'. The eligibility criteria for both clerks and officers is a bachelor's degree in any discipline and proficiency in local language as prescribed by the participating RRB/s. Working knowledge of the computer is desirable. In the case of officers position in RRBs, those having a degree in Agriculture/ Pisciculture/ Agricultural marketing and cooperation/Animal husbandry/ Forestry/Veterinary science/ Horticulture/Agricultural marketing/ Agricultural engineering/ Accountancy/ Law/Management or information technology.

The recruitment examination is divided into preliminary and main examination both for clerks and officers. The preliminary examination for clerks have questions from reasoning and numerical ability. For officers, it is reasoning and quantitative aptitude. In all 80 questions are to be attempted in composite time of 45 minutes.

The main examination for clerks contain questions relating to reasoning, numerical ability, general awareness, English and Hindi language and computer knowledge. For officers, the section of numerical ability is replaced by quantitative aptitude.

For public sector banks the preliminary examination for clerical positions is conducted with questions in English language, numerical ability, and reasoning ability and the main examination consists of general/ financial awareness, general English, reasoning ability and computer aptitude. The number of questions in preliminary examination is 100 with a time of 1 hour. In the main examination, 190 questions are to be answered in 160 minutes.

For officers posts in public sector banks the preliminary examination has three sections of English language, quantitative aptitude and reasoning ability. The main examination is in reasoning and computer aptitude, general/ economy/ banking awareness, English language, data analysis and interpretation.

Tests may have a similar name but structure and difficulty level of the question may vary depending on the position for which the exam is conducted and whether it is a preliminary or main examination.

Only those who qualify in the preliminary examination are intimated to appear in the main examination. The candidate has to secure minimum marks in each segment. The cumulative score has to be higher to stand in the merit list. In the case of officers, for successful candidates in the main examination, there is an interview. For clerical positions, there is no interview, as per government guidelines issued about two years ago.

Test details and strategy for preparation

Reasoning: Reasoning questions are mainly about common sense and logical thinking. The idea is to test candidates' analytical and logical reasoning skills. You will be asked to interpret statements, data, and information to arrive at conclusions. Here your conceptual and theoretical knowledge has no role to play. The thinking has to concentrate on the question only. You should make sure that your biases or personal beliefs don't come in between and are kept aside. Questions relating to reasoning are in different forms such as arrangements, critical reasoning, visual reasoning, data sufficiency/insufficiency, syllogism, odd man out, completing the series.


Numerical ability: How to make sense of numbers is the key theme in the questions pertaining to numerical ability. You may expect simple arithmetical problems and complicated calculations under this section. Areas of expected questions are simplification; average; percentage, time, speed and distance, number series; profit and loss, simple and compound interest; ratio and proportion, time and work etc. To prepare for this section you have to revisit your maths syllabus of matric i.e. 10th standard. Recall the formulae and clarify your concepts of BODMAS etc. Strong foundation in mathematics will be of immense help here. With some efforts you can score very well in this section, increasing your overall score which is crucial to put you in the merit list.

Quantitative aptitude: Quantitative aptitude covers numerical ability and focuses upon solving quantitative problems. Based on the given data/inputs you'll be required to find the correct answer. There may be a few questions for which sufficient data wouldn't be there to answer. Once you're sure about this, you should choose the option conveying this. The syllabus includes the topics narrated under numerical ability above. Add to this questions on topics like partnerships, boats and streams, volume and surface area, price after discount, age, mixture, train etc. Expect more of descriptive problems here. Try to familiarize yourself with all sorts of questions expected in this section and learn to solve these methodically. You may have a good understanding of theories behind the questions but more important is to apply those theories in solving lot of questions so that you get a knack of these.

General awareness: This section intends to test your knowledge about important facts and milestones about India and the world. Questions may relate to History (important dates/ milestones etc.), Geography (countries, capitals, cities, mountains, rivers etc.), Science (inventions, inventors, definitions etc.), Literature (books/authors), Art, Entertainment (film/theatre etc.), Sports (tournaments, championships, records, winners, venues etc.), important personalities, important events, international bodies, acronyms and other topics. Like it is always said general awareness has no boundaries and thus it appears to be difficult to be fully prepared for this. Still it is advisable to make your preparation as extensive as possible. To do well in this section you may build your own reference source in the form of a diary.

Financial awareness: Banking and finance are closely related. This section will have questions related to the national and global economy, financial institutions, corporate world, stock market etc. To prepare for this section you have to focus on concepts as well as financial data. For example, you need to know what is inflation and what has been the inflation rate recently. You may refer to one or more financial newspaper to prepare well.

Banking awareness: This particular section will have questions from banking world relating to different types of banks (public, private, cooperative, payment, development, small), banking regulator, basic /generic banking products and services, the purpose of bank nationalization, bank mergers, issues, and challenges before banks, government schemes implemented through banks, Micro, Small and Medium Enterprises, bancassurance, monetary policy etc.Government policy announcements, financial inclusion, financial literacy, role of NABARD/SIDBI etc. Visit the Reserve Bank of India website to obtain valuable input about most of the above.

English / Hindi language: There are many similarities in the pattern of questions in language papers. One set of questions may be based on comprehension passage. You have to read the passage carefully and then answer the questions according to what is stated in the passage which may be different from general opinion and observations. Some of the questions may be in negative form. (e.g. according to the passage which is not the right solution for _____. In sentence based questions a sentence will be divided in four parts and you'll be required to find if there is any mistake in a particular part. If there are no mistakes, you've to mark your answer accordingly. Where jumbled sentences of a paragraph are given the candidate has to find the correct order. In another type of question, a statement will be made and you have to choose from options the statement which matches with the idea. Questions, where you've to provide correct antonym/synonym, may also be there along with questions relating to idioms and phrases. Fill in the blanks from given options may also need to be attempted.

For officers, in the main examination there is a section of Subjective English of 25 marks in which there would be two questions - one of essay writing and other of letter writing. It would be better if you choose a few themes to practice for this section. Review the letter and essay written by you to see where improvements are needed. Also, show these a couple of other people who can give you constructive feedback. Go through sample essays and letters in a good book on General English.

Start reading national newspapers, magazines, if you're not already in habit of this. There will be some new words. Find out their meaning and see how these words have been used. You may also explore the synonyms and antonyms of these words. Your mind should also be on sentence formation and on the sequencing of the statements in case of long sentences.

Increasing your knowledge of English by learning new words will help you. Every day choose 5-10 unfamiliar words from a dictionary or other sources, write their meanings and refer to these whenever you get time. In this way, you may learn a lot many new words.

Computer knowledge: This test has been added a few years ago. Today's banking widely uses computer applications and programs. As such candidates joining banks are expected to have at least some affinity with computers. Questions under this section may relate to hardware basics (input, output, storage devices ), Windows program (MS Office etc.) features, software and desktop applications, keyboard shortcuts, internet, intranet, networking, database, cyber security etc.

You may have practical knowledge of computers and the internet which of course would help. However, you need to make additional preparation for which you should refer to the glossary of Windows, internet and computer applications etc. Learn about shortcut keys. Also, it's advisable to go through Help/Support page of Windows

This computer test is not to check your technical expertise, rather your awareness about basic computer usage is judged.

Data Interpretation: In this section usually a situation full of data is given. The candidate is required to read the situation closely and then answer all the questions related to it. For one situation there may be 2 to 10 questions. Here the biggest challenge is to read and understand the situation right. Then the possibility of giving correct answer increases. The situation may be in the form of text, tables, pie charts, bar graphs, line graphs etc. So you should be ready to see questions from multiple forms of situations.

REPCO Bank Recruitment Notification - Bank Jobs for Clerk Posts in India 2019


Repco Bank Recruitment Notification 2019
Bank Jobs in India 2019
Govt Jobs for 40 Bank Clerk Posts

REPCO bank issued a notification related to the employment of clerk posts. Repco Bank set up by the Government of India is a fast growing organization having branches in all the five southern States and UT of Puducherry. The Board of Directors of the bank comprises Senior IAS Officers from Central and State Governments and Repatriates. Repco Bank invites bank job applications for the post of Junior Assistant/Clerks. The Salary structure of employees of the bank is at par with IBA norms.


More information related to this REPCO Bank recruitment for clerk posts 2019 is given below in this employment news. Please read it carefully before applying online for these bank jobs in India 2019.

Basic REPCO Vacancy Information

Profile Name: Jr. Assistant/Clerk

Number of Vacancies: 40 Posts.

Pay Band: Rs.23,947 per Month.

REPCO Bank Recruitment Notification


Suitability Standards related to this Repco Bank Recruitment

Educational Requirement: All Fresher candidates who have passed in their Graduation degree in any stream can apply for this Bank clerk recruitment process.

Age Limit: Applicants age must be in between 21 years to 28 years for applying for these Bank clerk jobs under REPCO bank 2019. The age of the applicants will be calculated on the basis of the following date: “30th April 2019”.

How Much is the Application fee?
Categories
Rs.
Method of Payment
SC/ST/PWD/EXSM/Repatriates
400
Applicants have to Pay Examination fee by using one of the payment method: “Debit Cards, Credit
Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets”. Choose the best one which suits you for the payment of examination fee.
General and all others
700

IMPORTANT DATES
20TH June 2019 is the Last Date to Apply.
7th July 2019 is the Date to Online Test. (Tentative Date)

IMPORTANT LINKS

APPLICATION PROCEDURE
1. Applicants to go to the Repco Bank website whose link is as follow: “ www.repcobank.com” and “www.repcobank.co.in”. After visit to the website click on the option "APPLY ONLINE" which will open a new screen for this bank clerk recruitment.

2. To register a fresh job application, choose the tab "Click here for New Registration" and enter Name, Contact details and Email-id. A Temporary Registration Number and Password will be produced by the computer system online and showed on the screen. Applicant should note down their Temporary Registration Number and Password. Repco Recruitment department also sends the details through the Email & SMS representing the Provisional Registration number and Password will also be sent.

3. In case the applicant is unable to complete the online application form related to this clerk recruitment in one go, he / she can save the information previously entered by choosing "SAVE AND NEXT" tab. Prior to submission of the online application applicants are counselled to use the "SAVE AND NEXT" facility to confirm the details in the online application form and modify the same if required. Visually Impaired applicants should fill the application form carefully and verify/ get the details verified to ensure that the same are correct prior to final submission.

4. Applicants are advised to sensibly fill and confirm the particulars filled in the online application form themselves as no change will be possible/ entertained after clicking the FINAL SUBMIT BUTTON.

5. The Name of the applicant or his /her Father/ Husband etc. should be spelt appropriately in the application form as it looks in the Certificates/ Mark sheets. Any change/alteration found may prohibit the application.

6. Authenticate your details and Save your application by clicking the 'Validate your details' and 'Save & Next' button.

7. Applicants can continue to upload their Photo & Signature as per the specifications.

8. Applicants can continue to fill other details of the Application Form.

9. You can also click on the Preview Tab to open and verify the entire application form before FINAL SUBMIT.

10. Applicants can modify details, if essential, and click on 'FINAL SUBMIT' ONLY after verifying and guaranteeing that the photograph, signature uploaded and other details filled by you are correct.

11. Click on 'Payment' Tab in the application form and proceed for payment through the online mode.

12. After that Click on 'Submit' button for final submission of application.

SBI Vacancy for 579 Officer Posts 2019 - Latest Bank Jobs in India 2019


SBI Vacancy for 579 Officer Posts 2019

Bank Jobs in India 2019


State Bank of India issued an official Notification for the recruitment of 579 officer posts under various trades. SBI Recruitment department is looking to recuit Head, Relationship Manager, and various posts. More information related to these Bank jobs in India are given below in this employment news. Read the whole article carefully before applying online.

SBI Vacancy for 579 Officer Posts 2019

SBI Recruitment for SO Posts 2019 - Govt Jobs for 65 Specialist Officers in SBI Bank


SBI Recruitment for SO Posts 2019

Govt Jobs for 65 Specialist Officers in SBI

Shared By: WWW.GovtJobsPortal.IN

 SBI Recruitment department issued an official notification for the recruitment of 65 SO posts in India. State Bank of India is inviting all fresher candidates who satisfied all the educational and age criteria to apply for these bank jobs in India 2019. The online bank job applications from all Indian resident for the employment to the following posts which we explained below in the table.

Applicants are requested to apply Online through the link given on Bank’s website https://bank.sbi/careers or https://www.sbi.co.in/careers. More detailed information related to this SBI SO Recruitment 2019 is given below in this article. Read it carefully before applying online.

SBI Recruitment for SO Posts 2019

NABARD Assistant Manager Recruitment 2019 - Bank Jobs for 79 Manager Posts

NABARD Assistant Manager Recruitment 2019

Bank Jobs for Manager Posts


NABARD Bank issued an official notice in which they are inviting all Indian fresher candidates to apply for the recruitment process of Assistant Manager. 

NABARD Recruitment department said that there are a total of 79 vacant posts of Assistant Manager which they are going to fill up after the completion of this Bank recruitment process 2019. More information related to this NABARD Bank recruitment for Assistant Manager posts are given below in this post. Read it carefully before applying.

Job Profile: Assistant Manager(Grade-A)

Number of Vacant Posts: 79 Posts.

Pay Band: Rs.28,150 per Month.

NABARD Assistant Manager Recruitment 2019

Can Fin Homes Recruitment 2019 - 110 Jr. Officers and Manager Jobs in Can Fin Homes Limited


Can Fin Homes Recruitment 2019

110 Jr. Officers and Manager Jobs in Can Fin Homes Limited

Shared By: WWW.GovtJobsPortal.IN

Can fin Homes Recruitment for 110 managers and Jr. Officer posts in India. Can Fin Homes Ltd., is one of the leading Housing Finance Company in India having 189 branches/AHLC/ Satellite Offices spread across various locations in the Country. Can fin Homes invites On-line job applications for the following posts on a contract basis.

1) Junior Officers on the contract (100 Vacancies )
2) Senior Managers on contract for Inspection & Audit (10 Vacancies)

Qualified applicants are demanded to visit Can fin Home Company’s website: “www.canfinhomes.com” and submit the application online related to these Govt jobs for the manager and Jr. Officer posts by paying a fee of Rs.100/- through any of the Canara Bank branches to the credit of “CAN FIN HOMES LTD – OD No. 2636261000147 Canara Bank, Prime Corporate Branch, Bangalore (IFSC Code No. CNRB0002636) through NEFT/Internet banking and mention the details of UTR No under Transaction ID column. Payment of application fee by any other mode /means will not be accepted. If any applicant is found to be ineligible, the application fee will not be refunded. Please read the advertisement wisely and confirm your worthiness before submitting the online application.

Can Fin Homes Recruitment 2019


Job Profile
Posts
Pay Band
Junior Officer
100
Rs.16000/- (Per Month)
Sr. Manager
10
Rs.35,000

Admissibility Standards for this Can Fin Homes Recruitment
Education
Age
For Jr. Officers:
All Indian FRESHER candidates who have completed their  Graduation degree in any discipline from a recognized university can apply for this job profile.
Min.=21years
Max.=30 years
For Sr. Manager:
· Retired officers of Banks /Financial Institutions (either on Superannuation or on Voluntary Retirement Scheme) and not below the rank of Senior Manager (Scale III) at the time of retirement.

· Candidates retired from service, not before 31/05/2017/ retirement period not exceeding 2 years.
Age of the Applicants must be less than 65 years for applying this Post.

Essential Application Fee
Cat.
Rs.
Method
For All Cat. Applicants
100
Applicants can pay the application Fee through any of the Canara Bank branches to the credit of “CAN FIN HOMES LTD –OD No. 2636261000147 Canara Bank, Prime Corporate Branch, Bangalore.

IMPORTANT DATES
8th May 2019 is the Start Date.
18th May 2019 is the last Date to apply.

IMPORTANT LINKS

Syndicate Bank Recruitment for Officer Posts 2019 - Bank Jobs in India for Specialist Officers

Syndicate Bank Recruitment for SO Posts 2019

Specialist Officers Recruitment in Banks

Shared By: WWW.GovtJobsPortal.IN

RECRUITMENT OF SPECIALIST OFFICERS IN VARIOUS VERTICALS/ SCALES. Syndicate Bank is one of the leading Public Sector Bank in India invites bank job applications for the job profile of Specialist Officers from all Indian peoples who satisfied all the eligibility conditions which we explained below. The more details related to this Syndicate Bank recruitment process 2019 are given below:

Syndicate Bank Recruitment


Post Name
Posts
Pay Band
Asst. Manager (Certified Ethical Hacker)
02
23700–42020
Asst. Manager (Cyber Forensic Analyst)
02
Asst. Manager (Application Security Tester)
02
Manager (Application/web security personnel)
02
31705-45950
Manager (Computer/Digital Forensic Specialist)
02
Manager (IT Security Specialist)
04
Total
14 Posts

Suitability Norms related to this Syndicate Bank Recruitment

Profile
Education
Age
Asst. Manager
Applicants who have one of the following qualification: “B.E./B. Tech Degree or Post Graduate Degree in Computer Science / Computer Technology / Computer Science & Engineering/ Computer Engineering/ Computer Science & Technology/ Information Technology /  Electronics & Communications with at least 60% marks can apply for this job profile under this Syndicate Bank recruitment 2019 process.
Min.=20 years.

Max.=30 Years
Manager
Graduation’s Degree in Computer Science/IT (or)
Those who have completed their BCA/MCA degree (or)
Graduate with any one of the certifications (CCFE), (CCE), (CCFP), (GCFE) & GIAC, (GCFA) can apply.
Min.=25 years.

Max.=35 years

 Application Fee: ZERO application fee for applying this Syndicate bank vacancy for Specialist officers 2019.

IMPORTANT DATES
8TH May 2019 is the Start Dates.
22nd May 2019 is the Last Date to apply.

IMPORTANT LINKS

More information Related to these Bank Jobs in India
Process for Application: Those who are interested in these bank jobs have to apply offline through the prescribed application form. We share the application form link above under IMPORTANT LINK section. Download the application form and take the print out of that and fill up with your detail. After filling up the prescribed application form along with relevant documents send by E-mail to horecruitments@syndicatebank.co.in on or before 22nd May 2019.

Job Place: All India

Selection Criteria: The selection of the candidates for these job profiles will be based on GD/ Interview.


NOTE: WE ARE NOT RESPONSIBLE FOR ANY JOB ISSUES, AS WE ARE SHARING INFORMATION BASED ON INTERNET.