Banking Career Options in India

Banking is one of the most emerging career sectors in India. In recent years, banks have provided jobs to millions of graduates and post graduates in the country. People like to work for banks because there are ample career opportunities in the banking sector for every field. Here, we will discuss some common job profiles for which banks recruit their professionals.

You can get the updates here for Bank Jobs 2015

Job Profiles (fields) in banking sector

1. banking operations jobs
2. banking business analyst
3. banking and finance jobs
4. retail banking jobs
5. banking and insurance jobs
6. banker at a branch
7. provisional officer in banking
8. retail banking
9. commercial banking
10. Banking IT jobs

These job profiles offer opportunities to candidates from every educational background including engineering, finance, marketing, accounts, etc.

Some common bank jobs include

1. Clerk
2. Probationary Officer
3. Specialist Officer
4. Managers & Above

The minimum education qualification for above profiles is Graduation (in any field) for clerk, Graduation (in any field) for probationary officer, Graduation (in a specific field) for Specialist Officer post and MBA for managers & above

If you are applying for a bank job, you will probably apply in one of the following banks

1. Private or Public sector bank
2. Commercial or Retail banking
3. Sales or Operations

Fee free to ask your query in the comments below

SBI PO Recruitment 2014 for associated banks

The State Bank of India has recently published a notification for recruitment of Probationary Officers (PO) in its associated banks in India. SBI is the largest bank in India and hires the most number of candidates in a year. The last date of online application for SBI PO recruitment 2014 is September 18, 2014. Interested candidates can read more details here

Click here for more Bank Jobs 2014

Total no. of posts: 2986

Post details

Name of Post: Probationary Officer

SSBJ – 350 posts
SBH – 900 posts
SBM – 500 posts
SBP – 100 posts
SBT – 1136 posts

Eligibility Criteria

Education: Interested candidates in the post of PO in SBI must have a Bachelor’s Degree in any specialization from any reputed University/college in India.
Age: 21 to 30 years as on September 01, 2014

Selection will be based on an online examination, Group Discussion and personal interview. The selection process of SBI PO exam includes following rounds

1) Online Objective Test
2) Online Descriptive Test
3) Group Discussion
4) Personal Interview

Candidates, who successfully clear all above rounds, will be appointed as Probationary officers in one of the SBI associated banks.
Application fee: Rs.500/- for Gen/OBC and Rs.100/- for SC/ST/PWD candidates

Important dates

Opening date for online registration and online fee payment: September 01, 2014
Opening date for offline payment: September 03, 2014
Closing date for online registration and online fee payment: September 18, 2014
Closing date for offline payment: September 20, 2014

Interested candidates can apply online on or before the last date of application as mentioned above. No other mode of application is allowed. Candidates can make the payment of fee by either online or offline mode as per their convenience

The official notification is available here

Click here for the list of current Banks jobs in India

Latest Bank jobs in India

Banking sector is being one of the most popular sector for jobs in India. Every year, Indian banks recruits thousands of Indian candidates for various posts in their branches. Some of the leading Indian banks are

• Reserve Bank of India
• State Bank of India
• Bank of Baroda
• Punjab National Bank
• HDFC bank

All above and many other banks recruits their staff through some common and individual recruit exams. You can find the information of latest bank recruitment and jobs at various online job portals and in daily newspapers.

Here is the list of current Bank Jobs 2014

Millions of Indian candidates prepare for various bank exams every year. These candidates must be aware of the current bank jobs so that they can apply for the right one. At present, following banks are recruiting

The State bank of India is recruiting candidates for 300 positions of Special Management Executives in their banks. The last date of application is August 11, 2014

IBPS inviting applications for CWE Clerk IV exam 2014. The last date of application is September 01, 2014

IBPS PO/MT (Probationary Officers / Management Trainees) Exam 2014 application process is also on and will end on August 11, 2014

Langpi Dehangi Rural Bank (LDRB) recruitment for Officer, Office Assistant 24 posts. Last date of application is August 26, 2014

Canara Bank recruiting candidates for 22 posts of Clerk, Officer for Sportspersons and the last date of application is September 08, 2014

Canara bank for 01 post of Chief Information Technology Officer (CITO) with last date August 16

Andhra Bank inviting applications for 01 post of Law Consultant for which last date is August 16, 2014

Lakshmi Vilas Bank inviting applications for the posts of Managers, Engineer, Officer for which last date is August 16, 2014

Tamilnad Mercantile Bank hiring Clerks and the last date of application is August 16, 2014

Repco Home Finance Ltd recruitment for 02 posts of  Clerk, Branch Manager, the last date of application is August 16, 2014

Reserve Bank of India recruiting for 01 post of Specialist Adviser with the last date August 14, 2014

Baroda Rajasthan Kshetriya Gramin Bank inviting applications for 311 posts of Officer, Office Assistants and the last date of application is August 19, 2014

Kerala Gramin Bank recruiting for 683 posts of Officer, Assistants with last date August 11, 2014

Karnataka Bank hiring for 15 posts of Chartered Accountants with the last application date of August 08, 2014

UCO Bank to recruit candidates for around 4000 posts of Officers, Clerks through IBPS 2014. Notification will be released soon

Syndicate Bank to recruit candidates for 5000 posts of Clerks, Specialist Officers through IBPS 2014. Notification will be released soon

For more bank jobs 2014 and the complete list of bank recruitment exams, visit Banking Jobs in India

Recruitment of Special Management Executive in State Bank of India (2014-15)

SBI Recruitment 2014

State Bank of India is inviting applications from Indian citizens, who are interested in joining the SBI bank as Special Management Executives. Interested candidates can read here the complete notification for eligibility criteria and other details and can apply online through the official website of SBI before August 11, 2014.

Read here more about SBI Recruitment 2014

1. A candidate can apply for only one post.
2. The online registration process is incomplete until the fees is deposited online or offline.
3. Candidates must read the complete notification to ensure that they fulfill the eligibility criteria for the post

Eligibility Criteria

Post	Vacancy	Age on 24/07/14	Educational criteria	Experience
MSME	165	25 to 40 years	CA/ ICWA/ ACS/ MBA/ MMS/ PGDBA/ PGPM/ PGDM with min 60% marks	Minimum 5 years post qualification experience as on 31.08.2014
DSME	135	25 to 35 years	CA/ ICWA/ ACS/ MBA/ MMS/ PGDBA/ PGPM/ PGDM with min 60% marks	Minimum 2 years post qualification experience as on 31.08.2014

Selection procedure

Selection of candidates for the posts of Special Management Executive, will be based on examination, Group Discussion and Personal Interview rounds.

1) Online Examination: This will consist an objective test of 200 marks and a subjective paper of 50 marks.

Objective test paper will be based on following subjects

• BANKING KNOWLEDGE
• DATA INTERPRETATION & ANALYSIS
• REASONING
• GENERAL AWARENESS

Descriptive test will be an English language test of Letter or Essay writing

** Candidates need to secure min. qualifying marks in each section of the objective test as well as in the descriptive test

2) Candidates, who successfully qualify in the online examination, will be called for Group Discussion that will be of 20 marks. All qualifying candidates will be arranged in descending order of their merit and only candidates three times the number of vacancies will be called for GD and PI rounds.

3) Personal Interview will be conducted for 30 marks

Date of Examination: 19 September 2014

Application Fee

SC/ST/PWD – 100/-
General and Others- 500/-

Interested and eligible candidates can apply for the post through the SBI website http://www.statebankofindia.com or http://www.sbi.co.in on/before 11 August 2014. The last date for online fee payment is 11 August and the last date for offline fee submission is 13 August 2014.

ONLINE REGISTRATION OF APPLICATION – 24-07-2014 TO 11-08-2014

PAYMENT OF FEE ONLINE – 24-07-2014 TO 11-08-2014

PAYMENT OF FEE OFFLINE – 26-07-2014 TO 13-08-2014

Read the complete notification and details here

RBI Recruitment 2014 for the post of Assistant

The Reserve Bank of India is recruiting professionals for the post of “Assistant” in various branches of the bank all over India. The selection procedure for the posts will include a common all India level online examination and personal Interview.

You can find here the full list of RBI Recruitment 2014

RBI recently published the official notification for recruitment of the candidates for the post of Assistant in RBI branches. The notification was released on July 15 and online registration process will start from July 16 and will run till August 06, 2014. Candidates can apply online through the RBI website

RBI “Assistant” recruitment Important dates

• Online registration: 16.07.2014 to 06.08.2014
• Payment of Examination Fees Online: 16.07.2014 to 06.08.2014
• Payment of Examination Fees at Bank branches: 18.07.2014 to 11.08.2014
• Online Test (Tentative) date: Around fourth week of September 2014

Online Application process

In order to apply online for RBI Assistant recruitment 2014, candidates need to follow this procedure

1. Go to the official website of RBI or click here
2. Click on the link given at top right that says “Click here for New Registration”
3. Read the points carefully and click on Continue button
4. Now, fill up your details, cross-check them and hit the “Save & Next” button at the bottom right corner
5. Upload your photo and signature in the given format and click on Next button
6. Enter the remaining details and click on Next
7. Cross-check all the details in the Preview section and click Submit
8. Choose the mode of payment and pay online or offline

Once you are done with the registration and payment successfully, you will receive a receipt of the payment on your Email id. You are also advised to save a copy of the application form for future purpose.

Eligibility Criteria

There are a total of 506 Assistant posts for which following candidates can apply

• Must be an Indian citizen
• Age Between 18 and 28 years as on 01 July 2014
• Minimum Bachelor’s Degree in any discipline with a min of 50% marks and knowledge of word processing
• Proficient in the local language of the state

For full eligibility criteria, candidates can refer to this article: RBI Assistant Recruitment 2014

Selection Procedure

RBI Assistant posts selection will be based on a online examination and Interview. The online examination is likely to be conducted in the last week of September 2014 and it will consist questions from following subjects

• English Language
• Reasoning
• General Awareness
• Numerical Ability
• Computer Knowledge

Each section will comprise 40 questions of 40 marks and the paper will finish in two hours.

Only candidates, who successfully clear the online exam round, will be eligible to appear in the interview round.

Bank jobs in India: the fact and current status

Are you looking for a bank job in India? Before you start working towards your goal of getting a job in one of those banks, you must be aware of the current situation of the banking sector jobs and employment

Want a job in the SBI bank? Reach at SBI Recruitment 2014

There is no specific data about this anywhere, but roughly, around 60-70k candidates are recruited every year by banks in India. That means banks in India provide jobs to around 60000 candidates every year. But the fact is even deeper. These 600000 candidates are selected from more than 6 million candidates who apply for these jobs. This is not the accurate data, but it is roughly close. It means only around 10% of applicants manage to get a job in the bank. Each year millions of students in India prepare for and fight for various private and public sector government jobs. Here are some statistics

Exam: IBPS PO 1

Candidates registered: 14.65 lakh

Candidates appeared- 10.45 lakh

Selected in the written exam: 1.1 lakh (Around 10%)

Called for interview: Around 35000

This is just an example. IBPS is a common examination for recruitment in various private and public sector banks in India. The situation is somewhat similar in other banks including SBI, BOB, etc.

I am not here trying to demotivate those who are preparing for bank exams. I just want to make sure that you guys know the reality. So, if you want a bank job in India, be prepared to face some serious competition. You can definitely make in those 10% who are selected . Good luck

Bank of Baroda Recruitment 2014

Bank of Baroda (BoB) is an Indian bank with its headquarter located in Vadodara, Gujarat. BOB is the second largest bank in India after State Bank of India. BOB, similar to other banks, recruit personnel for its various branches all over India and other countries. Until 2011, BOB was conducting a separate recruitment exam for recruitment of Officers, clerks and other personnel in their bank. Since last two years, BOB is recruiting through the common exam conducted by the IBPS.

Find here the latest BOB Recruitment 2014

IBPS recruitment exams for year 2014 are scheduled as below:

Exam Name	Tentative Date
IBPS RRB 2014	06, 07, 13, 14, 20, 21 & 27 September 2014
IBPS PO 2014	11, 12, 18, 19 October, 01, 02 November 2014
IBPS Clerk	06, 07, 13, 14, 20, 21, 27 December 2014
IBPS Specialist Officer (SO) 2014	14, 15 & 21 February 2014

The above given dates are tentative and the dates will be confirmed only by the IBPS committee

Bank of Baroda recruits its candidates through IBPE exam only. The written exam is followed by Personal Interview and Group Discussion, which is also conducted by the IBPS since last year.

Candidates seeking a career in the second largest bank of India (BOB), must prepare themselves for the IBPS exam as this is the only way to get entrance in the BOB. As usual, the competition is very touch. Millions of candidates appear in the IBPS exams every year and only some lucky ones make it to the final round. We wish all candidates Best of luck for their next IBPS exam.

Find here the Useful Bank Exam Tricks

SBI PO Exam: Tips and tricks

State Bank of India (SBI), which is the largest bank of India, recruits thousands of candidates for the post of Probationary Officer (PO) in various SBI branches located all over India.

You can find the SBI Recruitment 2014 complete list here

Who doesn’t want a banking job and what can be a better option than SBI for a banking job in India? This is the reason why most of the graduates aim at various SBI recruitment exams conducted throughout the year. But, the hard truth is that the competition is much and much high than the demand. Even if the SBI announces a recruitment for 1000 candidates, at least 10 lakh candidates will apply for it. It means your probability to get selected is 1000/1000000=> .0001 per cent unless you possess something special.

We are not talking about some superpower, but the skills and qualification to crack the entrance exams conducted by the SBI bank. Here, we would like to share some tips to help you in your SBI PO exam preparation.

First: Under the Paper pattern

Paper pattern might be different for different exams and it is utmost important that you understand the paper pattern with your heart. There are 2 phases in SBI PO exam, Phase 1 Objective + Descriptive Exam and Phase 2 GD + Interview

Phase 1: Since the phase 1 is a written examination, your knowledge and qualification will help you in this phase. Phase 1 wil be of two hours and will include multiple choice objective questions from English Language (grammar, vocabulary, comprehension etc.), General Awareness, Marketing & Computers, Data Analysis & Interpretation, Reasoning (high level). The descriptive test will be conducted to judge the candidate’s command over English language.

Phase 2: Only students, who qualify in Phase 1, will be called for the second phase. Phase 2 includes Group Discussion and Personal Interview rounds. These will be to check your communication skills and general awareness. You can find more tips here about How to crack SBI PO Exam

State Bank of India to recruit 7200 in FY15

State Bank of India has claimed that they are planning to recruit 7200 new staff in the financial year 2015 as around 8100 of their current staff will be retiring in the current financial year.

For current SBI Recruitment 2014 list

SBI, which is the largest public sector bank of India, is also one of the biggest recruiting banks in the country coming up thousands of job openings every year. This is a brilliant opportunity for those, who see a career in the SBI bank. SBI has recently finished it PO (Probationary Officer) recruitment exam 2014 in June 2014 and results is likely to be declared in July. Candidates, who missed this opportunity or couldn’t apply for this exam, are going to get a nice opportunity to apply for the new posts as soon as the SBI opens gates for new jobs.

“I am trying to get a lot of technology to help my people so that they spend less of their time on activities that don’t really need a lot of thinking and knowledge. For routine stuff such as cash counting we are bringing more and more machines,” said SBI chairman Arundhati Bhattacharya

Being the largest public sector bank in India, SBI is the dream of many young graduates in India. Apart from the above jobs, SBI keeps recruiting talent throughout the year through various recruitment exams. You can find here the complete list of SBI recruitment in 2014

If you are still not sure if the banking career is right for you, you might like to read this post

Why SBI is the best bank to work with

Why choose Banking sector as a career?

Today, in this post, we will discuss the basic reasons why graduates in India go for a bank job and will also discuss why banking sector is the most attractive job sector in India. Stay tuned with us.

Find here the list of current SBI Recruitment 2015

Here are some of the most common reasons why we usually go for a banking job

• Banking sector is one of the fastest growing business fields in India
• They give you lots of opportunities to grow
• Banking sector has a job for candidates from almost every field of education including finance, engineering, software, marketing, technology, etc.
• Banking sector has a job for various qualifications including graduate, post-graduate, 10th pass, 12th pass, diploma, etc.
• Added benefits and good salary
• banking sector is no more limited to traditional lending and depositing, but with the introduction of technology, the sector has become much more appealing and challenging.
• Job stability and safety
• Banking jobs give you a chance to interact with people and to know the financial and economical status of your country.
• Less stress as compared to private sector jobs
• Job timing is fixed and are flexible
•  You become a part of the growth of the economy of your country
• Banks are one of the most important part of our daily system and so are bank employees.

These are the most common reason we give when asked “Why do you want a Bank job?”

Here are some other reasons why one should go for a banking job

• Banking job is secure and provides you stability
• Salary and other benefits are better than private industries
• Banking job doesn’t cause as much stress and tension as a private job does
• Since job timing is fixed, you can give enough time to other important thing including your family

These are the most basic reasons why one should go or one would go with a bank job. If you have any other reason or idea in mind, feel free to share in the comments.

If you like the post, you can share it with others. Stay tuned for more

You can find here the complete list of Current bank jobs

Purchase BANK Exams preparation Books