Jobs in the Banking sector
Career in Banking
The banking sector in India has and always will be one of the most trustworthy sectors in terms of job security. It has withstood the test of time and will continue to do so. The banking industry has been largely overlooked in many regions of India due to the emphasis placed on IT industries. Nonetheless, the financial sector is nowhere close to stagnation. In fact, it has grown to produce numerous jobs in the banking sector.
The banking sector has many departments that provide a variety of job opportunities depending on your educational qualification and age criteria. Most bank jobs require accounts or finance-related degree. It is also mandatory to clear banking examinations to qualify for a fulltime position at a bank.
India has a very large number of private and government banks. Some of the most popular banks are Axis, SBI, ICICI, Citi, Standard Chartered Bank, Kotak Mahindra, HSBC, HDFC, Canara Bank, Bank of Maharashtra, Allahabad Bank, and Punjab National Bank.
Major Examination for a Career in Banking Sector:
1. IBPS Examination: The IBPS is the only Government organization that conducts a common banking examination in India. This examination is solely for candidates applying for a government bank job. There are variations in the exams depending on the post and designation you are seeking.
2. Private Examinations: Unlike the IBPS examination, private banks do not have a common entrance examination. Each Private bank introduces a vacancy notice on their website and circulates that notice in the various newspaper as well. Therefore, it is important for candidates to keep themselves updated with the latest private bank news. Openings for private banking job opportunities can be found online and in leading magazines and newspapers.