Increase Of Opportunities In The Banking Sector
Banking is a handsome and safer career to choose. Banks play a significant role in recruiting people in large numbers. India’s largest bank, SBI, and other Public Sector banks recruit more people yearly. Bank recruitment has increased tremendously in the last two years, and people also show immense interest in it.
Recruitment Procedure
The 20 Public sector banks seek the help of IBPS (Institute of Banking Personnel Selection) to conduct the exams. But, SBI and its other associate banks do not come under this. It conducts exams separately and declares the result.
The recruitment procedure is most common for all bank exams. Exams for different cadres in banks are conducted separately. The recruitments are done for the posts of clerks, Specialist officers, and Probationary Officers in large numbers.
For every exam, the candidate has to satisfy the required qualifications. Those who meet the requirements are allowed to apply online and asked to take a printout of that. After that, they are called for the written examination. Usually, for clerks and specialist officers, the exams are conducted for 200 marks; in addition, it includes descriptive type for PO.
The exams are conducted online, and those who have cleared the exams are called for an interview. Successful candidates are intimated through the mail, and printed scorecards with their obtained marks are also sent to them. After passing the interview session, they are appointed to the regions according to the effects.
In the case of IBPS recruitment, they are asked to prioritize the banks, and the appointment is based on merit alone. The validity of the scorecard issued by them has the truth of one year only. And also the exams are conducted once a year.
63,000 Candidates Are Yet To Be Recruited
While addressing the press, Finance Minister Mr. P. Chidambaram revealed the news about the opportunities in the banking sector. He mentioned that the Indian Government believes that the banks will create more than 63000 jobs in the banking sector. That too within the financial year of 2013, by the end of March 2013.
Mr. P. Chidambaram revealed the secret while reviewing the financial performances of the banks on 15th November. He also insists on the upcoming recruitment of banks. He also declared that 84,489 vacancies were filled in the last year. It is an outstanding achievement, and he insists that more than 63,000 jobs will be filled this year too.
According to his details, 22,000 officers are appointed nationwide for the 19 Public Sector Banks. This approximate value is only based on the results of IBPS 2011. Similar to this, in the last year, 20,000 clerks and 21,000 PO have been appointed through IBPS. This ratio will increase this year.
There are lots of opportunities in the banking field. The young generation has to show more interest in the banking sector. Be a banker and lead the happiest life.