Increased Scope in Banking Sector

In India, Banking is one of the rapidly growing sector that produces large number of job opportunities to grow your career in this field. While, the government is aiming to build cashless economy in the country, the job opportunities in the banking sector are bound to go up.

What are the kind of opportunities banking sector offers?

Right from the clerical positions to Probationary Officers, bank tellers, financial service representatives, Bill and account collectors, credit officers, auditors and book-keepers, there are several different roles and positions that banks brings to you.

Although, it appears that these jobs are primarily meant for people with commerce or economics educational background. But the fact is that banks are hiring people based on their skills. Many of bank officers are from different areas of education.

The job in the banking sector demands a command on numbers and an attitude of providing great  customer service (as a banker, most the times, you need to work on numbers - deposits, loans, credit, investment and even sales.) So, if a candidate is good on these two traits, banking career should be the right choice.

How to jump start your career as a Banker?

Most of the banking positions are filled though banking entrance examinations. Some of these competitive exams are

·         IBPS Common Written Exam for Probationary Officer (IBPS PO)

·         State Bank of India Probationary Officer (SBI PO)

·         IBPS Common Written Exam for Clerical Recruitment for PSUs

·         State Bank of India Clerical

·         Common Written Exam for Regional Rural Banks

·         Common Written Exam for Specialist Officer

·         IDBI Bank Executive Exam

·         RBI exam

·         RBI assistant exam

·         NABARD AM exam

The minimum qualification required for these exams is graduation, however, the competition for these exams is so tough that a person without great aptitude and analytical skills may not be able get through. One needs to plan well, spend time and good amount of effort, in order to crack these examinations.

The selection process for bank recruitment includes written aptitude test (Quantitative Aptitude, Reasoning Ability, English, General Awareness and basic computer Knowledge) and interview (only for officer posts).

Here comes the Bank Examination professional coaching comes in picture. These institutions, help the candidates preparing the bank exams and interviews.

Career Growth

Career in banking Sector promises a flourishing and stable future. Your career progression path in bank is based on two factors: performance and potential. Therefore, hardworking and well-informed employees have higher possibility of moving to higher level in less time.

Blending your own analytical skills with professional coaching for Bank Examination, can certainly help you in gaining a successful and lucrative career.