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CAREERS IN BANKING SECTOR IN INDIA 2016-2017

CAREERS IN BANKING SECTOR 2016-2017

The banking sector in India is growing quickly. In India most secure and preferable employment is a banking job. From the past 10 years banking sector has emerged as a sunrise in the Indian economy. In recent day you can see there is lot of countries struggling with the economic problems. But in India we are balancing our economy. It's just because of banking sector only. Banking sector index is up
more than 50% since 2001. There are plenty of vacancies available in banking sector. For the comin
g two years banking sector need nearly 2.5 lakhs employees. You can see banking in India has been moved to modern stage from traditional ways.
The expansion of banking sector into NBFC, Insurance, Capital Markets and retirement of so many employees have created plenty of opportunities in banking sector in India. Banking sector need some technical sound specialization candidates from Infrastructure, Risk Management, Management Information Systems, Marketing, Banking and Financial services and Customer Relationship Management etc.

Careers in Banking Sector in India 2016:

Major Recruiters in Banking Sector:

1. Public Sector Banks

2. Private Sector Banks
3. Co-Operative Banks
4. Regional Rural Banks

Career as Bank PO/Clerk/SO:

The IBPS participating banks and those who are not at joined hands with IBPS will conduct the exam for below mentioned cadets.
1. Bank Probationary Officers
2. Bank Clerks
3. Bank Specialist Officers
4. Officers
5 Office assistants.

1. Banking Probationary Officers (PO):


A Probationary officers post is covered the Managerial vacancies available in banking sector. A P.O. will start career with the bank Junior Management Grade Service(JGMS). From he can move up to Chairman of the Bank. You can see there is a lot of respect in society after getting a Probationary Officers job. Because of this most of young graduates are trying to get a Job as PO.

2. Career in Clerk:

A clerical job consists of multiple position of a bank such as Clerk, Cashier and Marketing etc. Clerk job starts career with early after completion degree. A bank clerk having job security, challenging positions, opportunity to strengthen customer relationship etc. Using best available technology                with a support of senior officers a clerk get more banking knowledge.

3. Bank Specialist Officers:

Special officers will be conducted by banks to maintain their finance, legal, marketing departments, systems and developments  candidates from the industries of IT, marketing, Infrastructure, law, engineering and Charted accountancy.

4. RRB Officers Scale I,II,III:

Rural banks officer positions will be taken for Managers and Asst Managers of the bank for their operations in a branch. These positions are only available in CO-operative society and Regional Rural banks only.


5.RRB Office Assistant:

This positions are taken for multipurpose works at branch. Such as clerk , Cashier, Marketing executive and field assistant etc.
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