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Banking

Challenges with Bank Tenders

In old days, tendering was the most challenging job. It used to consume a lot of time in document filing, complicated offer price calculation, attending pre and post meeting and many other related tasks.

A normal day of tenderer started with flipping the pages of newspaper for bank tenders, which mostly he cut and save in a file. Be it Indian bank tenders, Indian overseas tenders or any other, every tender starts with this daily routine. After selecting the tender, the tender head to the concerned department to buy the required tender documents. Fill out the forms, attach the documents and certificates and deposit it to the department with a demand draft on time. This is the traditional way of applying for any tender.

But, scenario has changed. The new breed of tenderers is a bit lucky. As a result of technology advancement, new-generation tenderers wake up in the morning and just access their mail inbox to explore the bank tenders waiting for them. They just download the most suitable tender and start working. For instance, if they select Indian bank tenders, they will visit the website of the concerned department, download the document, pay the money online and send the documents via mail. Very simple and quick, isn’t it?

If you’re a novice, there are many websites that provide complete tender management solutions. Whether you want to know more about domestic or Indian overseas bank tenders, you can even attend the tender opening on your own through such sites. The process has become easier nowadays and it now more difficult to access and apply for any tender.  To win any bank tenders, make it sure, you spend some time to understand its requirement first rather than just apply blindly. It is very important because unless you understand their need completely, you can approach and convince them to assign it to you.

Every bank has its own set of requirements and hence, it is advised to read the bank tenders and its requirements thoroughly. Indian Bank tenders used to contain many sections to provide information accurately. Check your resources and make it sure that it exactly matches with the bank requirement.Online bidding has made the process easy and get everything done in seconds.
 

To get detail of bank tenders like Indian bank tenders, Indian overseas bank tenders and other tenders visit free tenders site.

Banking

Bank Recruitment by IBPS CWE

Banking sector is growing fast and flourishing with every passing year. It recruits many individuals every year for various posts. However, since it is a highly coveted career option, the recruitment process is very tough and the selection rate is very low. This makes it a stiff competition for the candidates appearing for the exams. However, it is a hectic procedure for the respective bank as well. It is very difficult to recruit the most capable candidate out of the thousands who appear for the exam every year. However, they cannot compromise on this, as banking sector requires a strong team of loyal and hardworking individuals who take care of the monetary matters of the citizens of our country. it is also a tough job to conduct exams every year for thousands of candidates. However, IBPS is a solution to this problem faced by most public sector banks. It is an autonomous body that recruits individuals for various posts in public sector banks of India. This year, for the first time it is conducting CWE (common written exams) to recruit candidates for the post of Bank PO.

IBPS uses the latest technologies to recruit the most capable candidates. It is built up a strong faculty of professionals who are trained in various fields like, psychology, marketing sector, banking industry etc. It has various offices spread throughout the country, which conduct exams every year for various posts in public sector banks. The establishment of IBPS has been a blessing for many public sector banks who have successfully recruited many capable individuals based on the exams conducted by IBPS. Its efficient team of employees and latest technologically advanced machines allow quick printing of question papers and unbiased checking. It also conducts training programmes for its clients so they realize their potential and choose the post accordingly.
Common written exams (CWE) is another effort by IBPS to recruit candidates easily for the 19 public sector banks connected with it. It will be like bank exams, but all the candidates would be given the same question paper. After clearing the exam, they will get a score card. If a vacancy arises in any of the 19 banks involved, the candidate can directly reach the interview level with the help of the score card.

Thus, IBPS has taken the responsibility of bank recruitment for various public sector banks. Its new endeavour to commence Common written exam for the post of bank po has been appreciated by many. It will follow an unbiased procedure to recruit capable indviduals.
 

Download list of IBPS recruitment , bank exm question parer , CWE and tips for Bank recruitment 2011 on jagranjosh.com
 

Banking

Bank Recruitment 2011 by CWE

Banking sector is growing rapidly with every passing year.it is high in demand and is the most coveted career in today’s times. People are totally dependent on banks for taking care of their monetary matters. Since its network is spread throughout the country, it has a large variety of jobs to offer to the youth. IBPS has undertaken the job of recruitment for public banks in India. It is an established body which recruits suitable individuals for various posts in the public sector banks of India. This year in 2011, it is conducting a common written exam for the recruitment in the post of bank po.  Such a platform is provided for the first time to the aspirants where they can get straight entry into 19 top public sector banks of India.

IBPS is an autonomous body that has a vast web of network spread all of India. It deals with recruitment of bank personnel for various posts in public sector banks. Its testing mechanisms are based on modern technologies that are very efficient. It also conducts training programmes for its clients where they can realize their potential and their areas of specializations. It has special training sessions for behavioural skills. It has been claimed as the most efficient medium for human resource management, by the government. IBPS is an organization that not only recruits candidates through outsourcing but also promotes the candidates within the organization. This has helped to boost of the morale and confidence level of its employees and made IBPS, one of the best employers in the country. It works, keeping in mind the needs and requirements of its clients which has made it popular all over the country. Its selection basis, which is done purely on the basis of hard work and skills, has inclined many candidates towards IBPS.

It has conducted various exams and interviews and also recruited a large number of candidates to the desired posts in public sector banks of India. However, it aims at growing stronger with every year. It has a strong team of highly qualified professionals who present novel ideas for the betterment of the society. Therefore, it has come up with the CWE, common written exams in 2011. These exams will be a common platform to gain entry into the 19 public sector banks. These exams will be conducted for recruitment for the post of bank po.

IBPS has been a blessing to all those candidates with the necessary skills but who lacked the opportunity. Its recent endeavour to conduct CWE exams in 2011 for the recruitment in the post of bank po is another major achievement.
 

If you are perparing for IBPS Recruitments , IAS prelims exam , recruitment in banks and common written examination then get tips on jagranjosh.com
 

Banking

Secrets of bank frauds

 

Money has become one of the main humans’ passions many years ago. No wonder, every day people make up sophisticated kinds of fraud. Identity theft, online auction frauds, bait and switch – all these words name different ways of stealing your money. Fraudsters are everywhere, even in your bank. Yes, I’m not joking. No matter what financial operations you are going to have in a chosen bank, be ready to get scammed. I do not say that all banks are full of frauds, I just want to warn you that losing money is much easier than you can imagine that. Here are some kinds of bank fraud that you may face:

Concealing a part of gain from securities sale. People who sell their securities through bank broker usually do not compare percentage gain indicated in the securities sale report with market rate. This allows to understate real price and this provide personal income.

Such activity is very hard to control. Usually, id clients have any complaints, they come to broker and say what they are unsatisfied with. In this case it’s absolutely easy for broker to change the results of deals and settle an affair. Meticulous client will be treated carefully, and other clients will become broker’s new victims. As a result, bank’s management will have no idea about such fraud.

Be careful and spend a few minutes to compare the prices.

Deliberately ineffective purchase of securities. Broker enters into an agreement with issuers of now very profitable securities or securities price on which is artificially overrated. Then broker convinces a client to buy offered securities and enjoys brokerage.

Using funds of temporary inactive accounts. Remains of temporary inactive accounts are transferred to the account of fake firm. This account is debited on sums stolen by bank worker.

But not only bank workers can cheat.

There are hundreds of bank fraud cases. One of the most well-known is a case of Austrian Bank Bank Fuer Arbeit und Wirtschaft AG. The bank was owned by Austrian federation of trade unions. The scandal took place in 2006, and since then the case hasn’t been solved. The case can be divided into two parts. First of all, the bank lost 1 billion Euros on currency operations and gave money to the former executive director of American broker company Refco Inc just before his company bankrupted. Two former directors – Wolfgang Fletl and Robert Raitner of the bank are involved in this case. One of the former directors Helmut Elsner tried to find a refuge in France, but was given to the Austrian government.

The story is not finished, and no one knows when and whether it will be finished. There are too many questions and very few answers are left.

Anyone can become a victim of bank fraud. There is no 100% guarantee you can secure yourself, but still you can try to save your money. Be very careful when dealing with banks, try to choose well-known and respected ones and never ignore reading contracts and other documents. Your patience and attentiveness can save you from scam.

 

 

I’m a  freelance writer who is interested in various topics

Money

How to Make Money With Reports?

Can we make money from the reports?

Yes! We can make money from reports! But the report needs to be marketable, people should be in need of information that you will provide with in your report.

People are fond of reports as they have concise and practical information. The best thing is that, usually these reports do cost around $ 10. So people who can effort to buy these reports will be more than people who can purchase high priced products.

These reports are easy to prepare and doesn’t take much of your time to prepare. Hardly these reports will be of 30 pages in general.

How to get started?

Step-1: Think on what you can prepare a report. Keep in mind that what ever the information that you produce in your report should be valuable. There should be people who are in need of the information that you provide.

Step-2: Now write the report. In general the reports which are simple and have “How-to” information will make more sales.

For example check out whether there is a market for money making information. There is market, so choose a business opportunity and make a study on it. Start preparing report with “How-to” information on that business opportunity. Provide some valuable information; this is the key aspect in preparing the reports.

Step-3: Set a price for your report. Price should be competitive and information that you are providing in your report should worth the price of the report. Reports will be around $ 5-15 depending on the worth of the information.

Step-4: Prepare a sales page. Prepare a convincing sales page to your report. The good the sales page is the better the conversion rate would be. Observe the sales pages of your competitors and try to prepare your sales page much better than them. Make sure that your page is SEO friendly so that you get good search engine traffic as well for your sales page.

Step-5: Sell your report. This point is covered in the previous step itself. How ever I just want to give an advice- Give multiple payment options and do not hide the price of your report in the sales page. Get some targeted traffic to your sales page and that makes a huge difference. Put your efforts and you will succeed for sure. Wish you all the success!

If you like this article, you will also like this– How did I make money with reports?
http://onlinetreasurehunt.info/homebusiness/?p=70
I have explained my experience on making money with reports.

Money

Success – Not All About Money

Success, achievements, personality and influence have been described with different view points. In most cases from the general acceptable angles, success has been ascribed to be all that tangible wealth could conform with. The media gave credence to this position as the information reeled out by them are in confirmation with the above opinion. From the material aspect, it goes down to attach the places one has been as an evidence of success. More so, once success is mentioned, people want to know the brand of car one drives, the brand of apparels one wears and lastly the balance of ones account in the bank.

The world remains a capitalist one. All over the world, it has been a case of a winner takes it all, the fast over taking the slow while the big swallows the small. All that is seen by and heard of people is tangible possessions as a measure of success.

When success is mention and people demand to know the brand of car one drives, houses owned, school attended, where one lives, club membership et certra, it is not bad at all. These things are important to indicate and also induce others to remain on the track of success being the only tangible thing that the eyes can see. These things propel people to achievement faster. Yet, that is not all there is!

Many individuals are living and some gone to the great beyond that never considered material things and never went for them. In the words of classical music maestro Yanni, he attributes success to achieving creativity, happiness, love, truth and imagination. Gandhi, one of the topmost achievers of the orient never had material wealth nor did he acquire a fat bank account. Yet among the achievers he stands tall and unmistakable. Intellectual properties abound. Many of them drives mankind’s continued existence. Their monetary equivalent cannot be easily calculated even when they are made public. Regrettably they are not given prominence.

Success is not all about money nor is it all about tangible wealth. Success is all about achieving and surpassing ones set goals in his life time. There men and women who are behind some monumental achievements who are happy their ideas and projections are successful and are in use today. For them their definition of success is to start and complete a noble course satisfactorily. Among them are teachers, composers, thinkers, scientists, politicians, strategists et al. for them, they are among the successful having planted the seed of greatness in many minds.

There is more to success than meet the eyes. It’s more than tangible wealth. Success has been redefined. It starts and ends with affecting lives positively and advancing mankind.

Igwenazor Kingsley Chinaemerem.
Head Coach and CEO Phortizo.com
At phortizo we stand by you from Cradle to Glory in your entrepreneurial dreams.
Its all about you, We fine tune your business strategies to stand out as you want it.

Finance

A Retirement Planning Finance calculator Can Help You to Retire by using Money

ADDENDUM — You have come to no more this article connected with . It is the utmost hope that you found it not only valuable as regards retirement planning in some way as regards retirement invitation, older independent living, revision history of guy changes public staff members retirement system, retirement benefits advice relevant information.

 Probably, you have previously considered retirement planning but you do not fully understand where you can find lots. It will be advisable that you initial make a quick research over the internet. You will find out that we now have many retirement planning similar websites available which give helpful as well as detailed information with regards to retirement planning.

 Retirement means slowing work due to the fact one has achieved a particular era or as a result of illness. To numerous people retirement means freedom. They take it to be a freedom from regular uninteresting routine function such as likely to office, working intended for eight if not more hours daily, five or six times a week. Retirement consists of many other things too. That paves one the way to spend more time with one’s near in addition to dear models, with the family affiliates, to have a longer period to pursue one’s own fascination and enjoy by yourself. Retirement from a normal work gives each of the opportunities related to self-enjoyment along with enjoyment with the family and kinfolk. At the same time, it does take away the foundation of regular income. Retirement doesn’t imply the end of lifetime on the earth. Consequently, there move all the financial things to do as usual.

 I actually hear it regularly, “I don’t have to fret I’ve got a state pension.” I am hoping this isn’t you. Pensions are certainly not what they were in the past. Most declare pensions will be woefully underfunded.

 And then comes the next step when accountabilities begin to show their pressure and existence also gives in assignments and bond of family. Here they have already now let by 10 yrs of their service and have preserved almost nothing for tomorrow. This unique the time anytime most recognize there is a the day after tomorrow that comes with no job, without any salary. That is the phase that brings in disorders and medical expenditure. That is definitely also a point when you mentally and physically desire relaxation.

 Today, along with longer life expectancy and some of our desire to truly feel more operating, there is a brand new paradigm for planning. It’s a time for people to take in which victory panel. It’s the moment for us to try and do the work that individuals have always aspired to do. It is a period for individuals to touch the actual lives and results that we own supported while in our working years – but with an increased emphasis.

 Consequently what’s my point…? That’s not me saying do not plan your retirement. That wouldn’t be wise. What exactly I’m expressing is, under no circumstances mistake retirement for your end goal. This is really not smart. Instead, turn to each day while as supply of new creativity, an opportunity for great things that you can savor NOW and instead of from retirement.

 An award is an insurance coverage that provides certain guarantees to you about the long term. The insurance organization accepts money from you and deposits that money into their general bill or a split account. The overall account comprises of fixed attention investments, which means that your annuity generates a sure rate regarding return. Any separate balance is composed of reciprocal funds. These funds do not pay a confirmed return. Rather, the fund earns desire based on the effectiveness of the stocks and options within the fund. You choose your funds in places you want to spend. Annuities may be rapid or delayed. An immediate award converts a pre-existing savings to monthly payments. A good deferred allowance defers that repayment until a potential date and could accept a individual or several deposits after some time.

The Retirement Group educates corporate employees that are transitioning or retiring with ING Retirement.

Banking

Recruitment in Banks of India

Bank po and bank clerk are two most exciting jobs offered by a bank to any candidate. Both these posts require a person with good computer literacy as most of the work depends on it. It is a challenging job to recruit individuals for the job as it is most preferred by the youth because of the handsome pay it offers along with respect and honour. They carry out the major functions in the bank and undertake the major responsibility of keeping track of the most confidential information of the customers.

Bank po recruitment:
Bank probationary officers carry out most of the general work of the bank.
They are the left hand of the bank and every bank requires them. This has increased the demand of the post of bank po and therefore a tough procedure has been adopted by the bank for the recruitment.
The candidate must be a graduate with a minimum score of 60percent in order to be eligible to appear for the exam. An interview follows the exam, which is equally tough. The final result is based on the overall performance of the candidate in both the exam and the interview.
After recruitment, the candidate has to serve a probation period of two years. Before the period is served he/she can do any work in the bank.
After the probation period is served, the candidate has to do the routine work like passing, scrolling, advances etc.
Bank clerk recruitment:
Like recruitment for the post of bank po, bank clerk also undergoes the same procedure of an exam and an interview.
However, they are immediately recruited without serving any probationary period.
The candidate must be a citizen of India. The minimum age to apply for the post is 21 years and the maximum is 30 years.
There are different types of clerks like loan clerks, who deal with the loans taken from the bank, security clerk, who look after the certificates etc., new account clerk, who answers the queries of new customers and open new accounts, etc.
Thus, a customer encounters a clerk in every stage; therefore every bank requires clerks specialized in every field. However, all of them should have the basic common characteristic of good communication skills and computer literacy.
Bank clerks and bank po are two jobs with good job profiles and highly coveted. The Recruitment in banks and these posts is a tough process however hard work can help you pull it through.

If you want to get tips for Recruitment in banks , tips for Ibps recruitment and for bank po recruitment on jagranjosh.com .

Banking

IAS and Bank Exam Syllabus

IAS and Bank po are two highly coveted jobs offered by different sectors. Civil services offer IAS and the banking sector offers the post of bank po to the most eligible and highly competent individuals. Tough exams are conducted for both recruitment and are very difficult to clear. The syllabus is huge and thrives mainly on current affairs questions, which tests your general awareness level. You have to prepare thoroughly for the exams and the interview session that follows. Various subjects like history; English, geography, etc are covered in the vast syllabus.
IAS exams:
IAS exams are conducted by UPSC. There are two exams, prelims exam and mains exam. In order to appear for the mains exam, you have to clear the prelims exams with a certain aggregate decided by UPSC.
Prelims are usually held in May and later in the year around October/November, the mains exams are held.
The prelims syllabus consist of subjects like World geography, history of India, economic and social development etc. and the CSAT test which consists of power test and speed test.
Mains exam consists of nine exams, which are conducted on various dates.
A huge syllabus is covered under these nine exams. It has two optional subjects, one general studies, one essay. Other than that, there is two language papers. The scores of these papers are not added in the final sheet; however, it is important to clear them.
Optional subjects for the main exam includes law, geology, geography, Psychology, Public administration etc.
Bank PO exams:
Test for reasoning/mental ability/aptitude – this section judges the mental capability and reasoning ability of the candidate. It includes the following syllabus:
VERBAL: alphabet series, number series, analogy, blood relations, problem on age calculation, coding decoding etc.
NON-VERBAL: mirror images, non-verbal series, cubes etc.
Quantitative aptitude- It tests the mathematical skills of the candidates. The syllabus includes:
Number system, HCF, time and distance, percentage, profit and loss, algebra, mensuration, data interpretation etc.
General Awareness – judges the general awareness level of the candidate. Syllabus includes:
Current affairs, sports, books and authors, important days, abbreviations, etc.
Thus, it is evident that bank po exams and IAS exams cover a major syllabus for bank po syllabus and other . The subjects like English, geography, maths etc that we learnt in school are also a major part of these exams. You need to prepare your basic well and be thorough with the syllabus.

Download bank po syllabus , bank clerk question papers , IAS exam syllabus and geography syllabus for IAS exam on jagranjosh.com .

Banking

Exams Bank and Civil Services

Exams: Bank and Civil Services

Banking sector and civil services are highly coveted career choices of today’s time. Most of the youth is inclined towards these career options and dreams to be a part of it. Apart from offering wide options of respectable job opportunities, they also ensure job security. Therefore, thousands of students enroll themselves every year for various posts in the civil services or any of the esteemed banks. IAS and bank po are two most preferred jobs in these fields. However, there are tough question papers in these examinations that act as a ticket for your entry into these prestigious fields, it is only after clearing these exam will you be able to reach the interview session. Bank exams are conducted by the respective banks, while for entry into the civil services, exams are conducted by UPSC (Union Public Service Commission).it conducts examinations for entry into all India services offered by civil services. Banking sector has grown tremendously in the past few years. With the increase in the success chart of the banking sector, the demand for eligible candidates to carry out various functions in the bank has also increased. Bank conducts exams for various posts. Bank po is the most coveted post offered by the bank. It does not put too much responsibility on you, however it offers you a handsome pay and also additional incentives that are hard to resist. The exam question paper is very tough and designed by a group of highly trained professionals. You must be thorough with the syllabus and be updated with the current happenings around you in order to clear the exam. Civil services are also a reputable career choice. However, the selection process adopted by UPSC is very strict. Only the most competent candidate is able to make through all the exams and the interview session. The question paper is tough and it takes many attempts for a candidate to be able to finally clear the exam with high scores. IAS is a prestigious post offered by the bank. An IAS officer has to undertake the major responsibility of managing the bureaucracy. After the selection of the most suitable candidates, they are trained and then strategically posted in various parts of the country.

Thus, civil service exams and bank exams are two mediums to gain entry into the most esteemed career options in today’s world. Entry into any job offered by these sectors puts you one notch above everybody. The IAS question papers is designed by the highest trained professionals who ensure the entry of only the most competent and meritorious student.

Download UPPSC question papers , bank clerk question papers , IAS question papers and bank po question papers on jagranjosh.com .