Banking Career in India

Those who are looking forward to building up a career in banking, the opportunities are widespread in India. Apart from central and state banks, there are plenty of private banks like HSBC, HDFC, Axis, and ICICI, which has dozens of job openings. Jobs in banks can be related to specialized financial services like merchant banking, treasury, credit, etc, general and branch banking, information technology, retail and institutional marketing, and so on. Here is a short list of the various kinds of jobs related to banking in India:

Assistant Branch Manager jobs
Assistant Controller jobs
Auditing Manager jobs
Cash Management Manager jobs
Chief Foreign Exchange Executive jobs
Relationship Manager – Sales jobs
Loan Officer/Counselor jobs
Fraud Detection Associate jobs
Mortgage Collector jobs
Wealth Management Specialist
Risk Management Supervisor jobs

Whether one is applying for probationary officers (PO) or clerical post, there is a particular pattern which is followed in these exams.

The questions asked are related to quantitative aptitude, verbal and non verbal reasoning, English knowledge, and socio-economic general awareness. This is the basic structure which is followed. Depending on the kind of post, the questions can be different. Suppose one is applying for a clerical job in a bank, he has to undergo clerical aptitude test and questions related to computer awareness. There are several banks that conduct descriptive test in socio-economic general awareness and English knowledge. The bank decides upon the qualifying marks, which is generally 40 percent. Even for clerk job banks prefer candidates to have knowledge in basic computer applications.

Minimum qualification that is required to apply for clerical cadre jobs for general category candidates is minimum 10th class with 60 percent marks. The minimum qualification that is required to apply for bank PO jobs for general category candidates is one must have a graduation degree from a recognized university or college having a minimum of 60 percent marks. Candidates with a post graduate degree or MBA qualification are given preference in banking sector.

 

Nitin Gurmukhani writes on behalf of various career portals in India. He writes on topics like upcoming bank exams, recruitment for probationary officers, govt bank jobs and improving work concentration.