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Promotional Avenues for PO in Public Sector Banks

Most of the banks transfer officers once they are promoted to the higher cadre. Sometimes it happens within the region where the officer is posted whereas sometimes, it takes place outside the region as well. But one thing is certain, you are going to be transferred once you are promoted.

Recommended for : , promotion policy in public sector banks , promotion in bank after PO , new promotion policy in banks , bank PO promotion stages

Transfer policy of Female employees in Public sector banks

PSU Banks have been advised to draft a new preferential transfer policy aimed for female employees. Read on to find out the details about this new move.

Recommended for : female bank employee transfer policy , transfer policy for bank employees , bank clerk transfer rule , employee transfer procedure

India Post Payments Bank incorporated

With this incorporation, the bank has become the first Public Sector Undertaking (PSU) under the Department of Posts (DoP). Further, the DoP is expected to complete the roll out of its branches all over the country by September 2017.

Recommended for : India Post Payments bank , department of post , payments bank , Companies Act 2013

केंद्र सरकार ने 13 सरकारी बैंकों में 22,915 करोड़ रुपये की पूंजी उपलब्ध की

इन बैंकों के लोन परिचालन को बेहतर बनाने और उन्हें बाजार से अधिक पूंजी जुटाने के लिये सक्षम बनाने के वास्ते यह पूंजी डाली गई.

Recommended for : public , sector , bank , सरकारी , बैंकों , पूंजी

RBI sets up Sudarshan Sen-headed Inter-regulatory Working Group on Fin Tech and Digital Banking

It will view the growing significance of Fin Tech innovations and their interactions with the financial sector as well as the financial sector entities.

Recommended for : Reserve Bank of India , RBI , inter regulatory Working Group , study of regulatory issues , financial technology , Digital Banking in India ,

Top Career Options for Engineers in Banking sector

In this article we will discuss about generalist career options and specialist career options available to the engineers in banking industry.

Recommended for : banking jobs , engineer's job in banking , career options in banks , Bank Naukri , engineering jobs , types of job in banks

Shikha Sharma: CEO of the ‘Most Trusted Private Sector Bank of India’

Today, after almost 7 years at the helm, Mrs Sharma has already proved her critics wrong by registering a compound annual growth rate of 30 percent along with making the bank a full-fledged financial institution by offering services to both corporate and retail consumers apart from starting consulting and M & A Advisory business for its customers.

Recommended for : Shikha sharma biography , shikha sharma profile , shikha sharma education , shikha sharma salary , India’s power full women banker

Chanda Kochhar: Shaping the Retail Banking Sector in India

The success of the present MD-CEO of India’s second largest bank is not only driving the retail banking to the top but also making it happen when it was very difficult to make inroads in the retail banking sector in India.

Recommended for : Chanda Kochhar , chanda kochhar success story , chanda kochhar biography , India’s power full women banker , Chanda Kochhar education , Chanda kochhar as a leader

Why Engineering graduates are looking for banking sector jobs?

In the interview level itself, it is observed that number of engineers is there to be interviewed in order to get a place in banking sector. This is a pretty new trend specially after the boom of IT industry in India in the first decade of the 21st century. People were then reluctant to even think about banking, however, now they are mainly focused on banking after degree. Why?

Recommended for : Why are there So Many Engineers in Banking? Engineers in banking jobs , use of engineering in banking sector

World Bank releases India Development Update 2016

It reviews the current challenges in India’s financial sector and analyzes some of the impacts of the recommendations of the 14th Finance Commission on Indian states.

Recommended for : World Bank , releases , India Development Update , 2016 Update , Financing Double-Digit Growth

Are private sector banks giving more growth in terms of salary rather than Public sector Banks?

If we compare the entry level, the average CTC in a PSB will be around 5.7 lakhs whereas the private sector pays around 4 lakhs per annum to its freshers but once you climb up the corporate ladder, the Chairman of SBI gets around 24 lakhs in compensation compared to around 5.2 crore for her counterpart in ICICI bank.

Recommended for : public vs private sector banks , comparative study between public sector and private sector banks , salary in Private sector bank

Why Public Sector banks are ideal paymasters?

The public banking sector has given open challenge to its private counterpart as well. Along with the monetary benefits, the public sector bank employees enjoy various other rewards and facilities that make them be seated in a better position than their private counterpart.

Recommended for : salary of bank manager , salary of bank clerk , salary of bank PO

Why do candidates choose Banking after Engineering?

The increasing numbers of bank jobs due to opening up of new branches of the public and private sector banks, more and more candidates are joining the banking sector after completing professional courses such as Engineering and MBA. The better career and pay promise of the banks are luring the candidates towards its ambit along with development in the overall technology of banking and its operation. More candidates, due to the lack of proper job market in engineering, are shifting base to join the banking sector.

Recommended for : why banking after engineering , why banking sector , why banking after b tech , engineers in banking sector , why bank job is best

What are the negative facets of Banking Jobs?

The banking sector has been rises as one of the most developed sectors in the last decade in India and has resulted in huge number of recruitment in the sector. Along with positive sides of bank job as career option there are certain negative aspects as well that the candidates need to face on a regular basis at the banks that they work in.

Recommended for : aspect of Bank Jobs , negative aspect of entry-level jobs , career in banking sector , banking career path , job satisfaction in banking sector

Payment Banks and Small Banks: A New Opportunity for Jobs in Banking Sector

In the course of next two to three years, small and payments banks will recruit a huge number of people in the junior level as well as mid level and senior level positions to give their business a head start over the other players present in the Banking sector.

Recommended for : payment banks and small banks , jobs in payment banks and small banks , Payment Bank jobs

Working Conditions of Women in Public Sector Banks: A Detailed Study

Public Sector Banks have seen very few women in the top as well as middle managements cadres in the recent years though the participation of women workforce in other sectors is noteworthy. PSBs have a number of reasons to take care of the same.

Recommended for : Women in Public Sector Banks , Working Conditions of Women in Public Sector Banks

How Technology affects Indian Banking Sector?

The ledgers have been replaced with computers, long queues have been replaced with online banking from the comfort of your home, cheques and withdrawals have been replaced by ATM cards. Banking sector has seen a number of changes in the last two decades.

Recommended for : technological changes in banking sector , impact of technology in banking sector , Technology affects Indian Banking Sector

Do Government Banks Share Profits with Employees?

As of now, the Public Sector banks do not share the profits with their employees as there is generally no component named performance incentives in the salary slips of the employees of public sector banks. Apart from basic salary and different allowances, there are various perks such as newspaper allowances, petrol allowances, entertainment allowances etc given to the public sector banks employees.

Recommended for : SBI profit per employee , SBI profit , public sector banks

Why do females prefer Public Sector Bank jobs?

The women candidates find banking sector immensely productive and it provides the social status they always desire from their work field. The banking sector provides the healthy working environment for the female candidates to grow and development within banks.

Recommended for : bank PO job vs software engineer , Is bank job good or bad , Bank jobs for girls

भारतीय बैंकिंग क्षेत्र में एकीकरण की मांग

भारत में सार्वजनिक क्षेत्र के शीर्ष बैंक भारतीय स्टेट बैंक (एसबीआई) ने मई 2016 में अपने 5 सहयोगी बैंकों तथा नवगठित भारतीय महिला बैंक (बीएमबी) के खुद में विलय के लिए सरकार से अनुमति मांगी.

Recommended for : Indian Banking sector , भारतीय बैंकिंग क्षेत्र

Consolidation in Indian Banking sector: Pros & Cons

India is the fastest growing major economy in the world. To sustain this growth, there is a need for mega banks that only will ensure investments into the large scale infrastructure projects.

Recommended for : Consolidation , Indian Banking sector , state bank of India , SBI

सार्वजानिक क्षेत्र के पंजाब नेशनल बैंक को 5367 करोड़ रुपए का नुकसान

सार्वजानिक क्षेत्र के पंजाब नेशनल बैंक को गैर-निष्पादित परिसंपत्ति (एनपीए) में तेज बढ़ोतरी के कारण 31 मार्च 2016 को समाप्त वित्त वर्ष की अंतिम तिमाही में 5367.14 करोड़ रुपए का नुकसान हुआ.

Recommended for : Public sector , Punjab National Bank , सार्वजानिक क्षेत्र , पंजाब नेशनल बैंक

SBI to merge 5 subsidiaries, Bharatiya Mahila Bank with itself

The proposed consolidation will create a banking behemoth with a balance sheet size of 37 trillion rupees.

Recommended for : SBI , merge , 5 subsidiaries , Mahila bank , state bank of India , banking sector

Salary of SBI Clerk after 10th Bipartite Settlement

The pay scale of SBI is better than the other public sector banks in the country by a swift margin and allows multiple benefits to its employee, in order to keep them loyal towards the organization.

Recommended for : Computer Engineers in Banking Sector , use of computer engineering in banking sector , role of it in banking sector , application of computer in banking

Role of Computer Engineers in Banking Sector!

In today’s era one cannot imagine today's banking system without computers. The banking system has become dependent on different types of software to run their day to day activities. This dependence on computers and latest technology has made way for technical experts and people with expertise in the new age technology.  So, the banking system would be impossible without the work of Computer Engineers.

Recommended for : Computer Engineers in Banking Sector , use of computer engineering in banking sector , role of it in banking sector , application of computer in banking

RBI released draft guidelines for licensing of Universal Banks in Private Sector

It also sought views and comments on the draft guidelines from banks, non-banking financial institutions, industrial houses, other institutions and the public at large latest by 30 June 2016.

Recommended for : RBI , Draft guidelines , Licensing of Universal Banks , Private Sector

President Pranab Mukherjee confers Niryat Shree and Niryat Bandhu Awards

The awards were conferred to the companies from various sectors of exports besides service providers, banks, and various facilitating agencies which are promoting exports during the year 2015-16.

Recommended for : President of India , Niryat Shree , Niryat Bandhu Awards , Federation of Indian Export Organisations , FIEO

RBL Bank became first private sector bank to open dedicated branch for Start-ups in India

The first exclusive bank branch for start-ups will offer a bouquet of banking products to service the end-to-end needs of the emerging entrepreneurial eco-system.

Recommended for : RBL Bank , first private sector bank , dedicated branch for Start-ups , Bank for startups

What happens in Bank PO training period after getting selected

Jagranjosh team has come up with an article to trench the curiosity of IBPS/SBI Aspirants about the training session held after the selection. In this article, Various training methods are explained from the time of joining till the Deputation.

Recommended for : Training procedure of banking personnels , Various training sessions in Banking , Importance of training in Banking Sector

Job Opportunities in Banking Sector for PGDM Students

Till last decade, a degree in management meant a sure shot entry to a corporate job with enviable packages & AC offices. Nobody in his ‘right’ frame-of-mind would have related entrepreneurship to management education.

Recommended for : Asia Pacific Institute of Management , PGDM , banking jobs

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