Tag Archives: 2011

Recruitment in 2011 for Bank PO

Common Written Exam (CWE) is a new introduction in the recruitment procedure in the banking sector. This exam will be conducted for the first time in 2011, for the recruitment of Bank PO exams. This new strategy of conducting exams on such a large platform will be conducted by Institute of Banking Personnel (IBPS), the largest recruiter for banks in India. It is a recent endeavour to elevate the standard of recruitment in the banking sector. This new pattern of conducting exam would take up less time and ensure entry of much more qualified being for various posts in the bank.

Bank recruitment has always been a hectic procedure. Many banks also recruit individuals in a hurry in order to fill the urgent vacancy that arrives in the banks. Bank is an institution which ensures the security of our money. Every bank related information is kept confidential and important. Therefore, it is very important to recruit the right individual, because the bank personnel’s symbolize the status and respect of the bank. Therefore, the banks have to be very cautious while recruiting individuals. Thus, IBPS came up with a very innovative strategy to conduct exams. 19 public sector banks are involved in this exam. CWE will be a massive platform for recruitment for the post of bank probationary officer. The exam will be designed by a set up highly trained professionals who plan to set up a high standard question paper. They also plan to include large number of current affair questions. This would ensure the entry of an all-rounder, and not somebody who is well aware merely in textual knowledge. The individual would require to be well versed with the banking rules and basic information about banks. Thus, the candidates who will be chosen would be given score cards. These score cards would act like entry tickets to the 10 participatory banks. In case, any vacancy arises in any of these 19 public sector banks, the candidates can present their score card and reach the interview stage. This would filter down the number of candidates and make it easier for the banks to choose from, which would lead to a better quality in recruitment.

Through these recent endeavours, IBPS has proved to be the largest and the best recruiter of the banking sector. The CWE will be commenced in 2011 for the post of Bank PO. However, if this succeeds, recruitment for other posts would also adopt to the same procedure.

 

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Top Biggest Banks Worldwide 2011

In spite of the financial downfall our world has experienced in recent years due to the economic crisis leading the bankruptcy or closure of some the most trusted and biggest banks in the world, some big others have still survived such as Bank of America, JP Morgan Chase & Co, HSBC Holdings and so on. 

The American multinational banking and financial services corporation Bank of America is named the largest bank holding company in the United States with the total assets of $ 2,264,909. Founded in 1904, this national bank serves clients in more than 150 countries and has a relationship with 99% of the U.S. Fortune 500 companies and 83% of the Fortune Global 500 and has been serving in globally. It has total assets of $ 2,264,909 and it is located in Charlotte, North Carolina in the US.

Bank of America

JP Morgan Chase & Co has been consistent with its position on the second place which widened its operation worldwide with assets of $ 2 trillion. The Forbes Magazine had made an affirmation that it is the world’s largest public company by its operation.

JP Morgan Chase & Co in America

HSBC Holdings of United Kingdom holds the fifth rank last year and gets a higher spot this year. It has total assets of $ 2,454,689

U.S.’s Citigroup was down one level ranking since it got the third spot last year, marking a remarkable return in spite of the major financial downfall this bank experienced

Mitsubishi UFJ Financial Group located in Japan grabbed the number 11th spot last year and went up by sixth level higher with total assets of $ 2,480,778

Founded in 1984 in Beijing China, Industrial Commercial Bank is ranked the sixth spot among the top 10 largest bank in the world

Wells Fargo & Co has a total assets of $ 2,258,128 which is a pubic owned company found and headquartered in San Francisco, California

China Construction Bank Corporation is one of the top four biggest banks in China and ranked as the eighth largest bank in the world

Founded in 1912, Bank of China went up by six rankings high, compared to its last year’s position at number 14 with assets of over RMB 6,951.68 billion

Royal Bank of Scotland’s ranking last year was number 4, down to 10 this year. It is founded and located in United Kingdom and has a total assets of $ 2,274,766.82

 

Top Biggest Banks Worldwide: Bank of America

 

Related links:

America’s Top Banks

2010’s Safest Banks Worldwide

Top Eight Largest Companies in Europe

Economics is the study of our lives,our jobs, our homes, our families and the little decisions we face every day. Thus, I am keen on reading and studying economic issues.

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
 

Bank Recruitment In 2011

Bank recruitment for various posts is carried out by IBPS. It is an efficient recruiter of posts like Bank PO and Bank Clerks. These recruitments are preceded by bank exams which are highly competitive in nature. Their difficulty level is quite high and the selection rate is very low. This is the reason why, only the best candidates are recruited for bank jobs as the selection procedure is quite tough. One has to put in all the efforts and has to be highly intellectual and aware in order to clear these exams. This year in 2011, the IBPS has adopted a new strategy to recruit individuals for the post of Bank PO and Bank Clerks. This new kind of recruitment exam is called CWE. It means common written exam, and as the term implies it is a common exam for all candidates which would recruit directly for 19 public sector banks of India.
The posts of Bank PO and Bank Clerks are highly sought after. Why is it so? Because they are the main hands behind every successful Bank. They carry out all the major functions in a bank. A bank po can do any work from basic things like scrolling, stamping, posting to important functions which ensure smooth functioning of a bank. Similarly, bank clerks are spread throughout various departments in any bank. He/she has to deal with customers, guide them in opening new bank accounts, close the previous ones and explain to them the plans offered by the bank. Bank clerks are also required to maintain important records of banks, manage loan information, prepare security documents, handle foreign affairs and may such vital functions.  Thus, a bank cannot function properly without a bank po and bank clerk. This is the reason they are in high demand and banks have adopted a stringent recruitment procedure for them. The tough question paper ensures that the most capable and deserving candidates are selected.
IBPS has introduced the CWE for these posts which would be conducted in 2011. As the post of bank po and clerk are in high demand, CWE would select a larger number of candidates for these posts which would be recruited if any vacancy arises in the banks involved. There are 19 banks involved which are well known in the banking sector.
Therefore, if you need to get a post as a Bank PO and Bank Clerk you can apply for the CWE in 2011. It will be like any other bank exam; however the competitive level would be much higher due to a larger recruitment facility. You need to prepare extra from the syllabus provided and the current affairs and score well.

 

If you need hlep regarding bank recruitment then read article bank clerk recruitment and bank po recruitment 2011 at jagranjosh.com

Bank Recruitment – 2011

Banks serve the vital purpose of fulfilling our monetary requirements for carrying out various important functions of our lives with the help of loans. They also ensure safety of our money. Today, with the opening of many private sector and government sector banks, there is a growing need of trained professionals in the banks in order to carry out the various functions in the bank. Similarly, with such a large demand of employees in the bank, in return the banks have to offer handsome pays with exciting perks which are very hard to resist. Bank recruitment not only provides you with additional benefits but also adds respect and honor to your name. However, one has to clear the challenging bank exams in order to get the job. The syllabus is huge and very tough. It not only contains academic information but also current affairs which makes the exam more difficult. This year, a strategy to conduct the bank exams has been adopted by IBPS, a body which conducts bank exams. It has introduced the common written exam to be conducted for the first time in 2011 for the post of Bank PO.

Banks exams are not easy to clear. It takes many attempts to clear these exams as the selection rate adopted by the bank is very low. Every person requires high scores in all the subjects in order to reach the interview round. The syllabus covers a large area and requires lot of time. A good Vocabulary is very important in order to clear these exams as a separate section consists of essays and other vocabulary related tests. Current affairs also cover a major portion not only in bank exams but also the interview session.

Bank PO is one the most preferred jobs offered by banks. Many candidates enroll themselves for this post every year. This has made the recruitment process quite difficult for the banks. Therefore, IBPS has come up with a novel strategy. It will be conducting common written exams in 2011. These exams will be a common platform for recruitment in 19 public sector banks for the post of bank po. The candidates passing this exam would be given a score card which they can later present when a vacancy arrives in any of the 19 banks.

Thus even though bank recruitment is a difficult procedure it can be cleared with hard work and dedication. With the introduction of CWE in 2011, by IBPS, recruitment would be less hectic for the banks.

 

If you want to get tips for  Recruitment in banks , tips for Ibps recruitment and for Bank recruitment 2011 on jagranjosh.com .

SBI Bank Recruitment 2011

Bank recruitment is a long process. It requires hard work and dedication on the candidate’s part and unbiased recruitment on the bank’s part. There are various selection processes adopted by different banks. Example, SBI bank has a different criterion for selecting candidates for the post of bank po, while the Corporate bank follows a different procedure. In 2011, many banks have published their exam dates, while others have conducted the exams already. Since, banking sector is high in demand; the selection rate of all the banks is very less and limited.
SBI refers to State Bank of India. It is one of the most renowned banks of India. Serving the need of people since many years, it is a trustworthy bank. Due to its popularity, many people are inclined to getting a job in this bank. It not only provides a handsome pay but also ensures job security.
Bank po is one of the respectable jobs offered by any bank. Written exams and an interview session are held before the final recruitment. After clearing both the rounds, the candidate has to serve a probationary period for two years. During these years, he/she is given various projects; it is the performance in these two years that recruits an individual into various branches. SBI Bank adopts the following selection criteria:

The candidate must be a citizen of India, in order to apply for any post in the bank. The eligible candidates who wish to apply for the post should register online by depositing the fee at once.

The candidate apply should be graduated from recognized college/university.
The minimum age for apply for the post of bank po is 21 years and the maximum age is 30 years. Candidates beyond 30 years of age cannot apply for the post of bank po.
The written exam consists of descriptive and objective type tests.
The objective test includes Test of English, test of general awareness, marketing and computers, test of data analysis and interpretation, test of reasoning.
The descriptive test consists of English test. Only those candidates who have scored an aggregate of 40% in all the four subjects are eligible for this test

The online registration for the year 2011 has already begun and the written exam would be conducted in July 2011 as published on the official site of SBI bank. The final Recruitment in Banks will be done based on both interview and written exam performance.

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Bank Recruitment 2011

Bank recruitment for any post like bank clerk or bank po is done, based on the performance of the candidate in the examinations conducted by the respective bank. These exams are very challenging and demand thorough knowledge of the current affairs. In 2011, many banks have released their registration dates for various posts. Information regarding this can be attained through the internet or bank forms available in the market. It is very essential to be updated with changes in the syllabus in order to score the maximum marks in the exam. Many students appear for the exams, however only a few are able to make it to the interview level.

Banks has a variety of job opportunities to offer. For example, bank po. It is one of the most respectable jobs offered by the bank.
Bank po refers to bank probationary officer.
The maximum age of 30 years is required in order to apply for the post of bank po. A major portion in the exam consists of current affairs.
A person appearing for the exam in 2011 has to be thorough with the current affairs of the recent past years.
Reading newspaper regularly or watching the news channels can help you gain information about the current happening in various areas of the world.
Quiz books are also available in the market, which help you to attain knowledge in various areas.
Banks also provide booklets, which must be practiced thoroughly, along with the supplementary notes available in the internet.
Questions related to current affairs are also asked during the interview session. The bank recruits candidates based on their performance in the exam and the interview session.
The selected candidates have to serve a probationary period of two years.
During their probationary period, the candidates are recruited across the country based on their performance in the projects.
They are given regular work in the bank like scrolling, passing, posting etc.

Bank recruitment is a long process, which requires hard work on the part of the candidate and an unbiased decision on the part of the bank. This relationship, if not breached can lead to a healthy work environment and growth of the respective bank. However, it is not easy to clear the challenging exam. Knowledge of current affairs is an essential pre-requisite. It cannot be attained overnight, therefore you need to prepare months before the actually commencement of the exam. Students who have been preparing for past months, have finally applied in the 2011 and are still working hard to achieve the goal to be in the list of bank recruitment 2011 and for po recuritment list .

Read current affairs 2011 for bank po recruitment 2011 and bank recruitment 2011 on jagranjosh.com

Common Written Exam in 2011- New Method of Recruitment in Banking Sector

Common written exam is a new introduction to the recruitment procedure. It will be conducted in 2011, for recruitment of Bank PO and Clerical posts. After scrutinizing the problems related to recruitment for many years, IBPS finally got the mandate to conduct these exams for the two most coveted jobs offered by the banking sector. 19 public sector banks decided to participate in this new endeavor.
Institute of Banking Personnel has been a successful recruiter of the banking sector since many years now. It has carried out much successful recruitment. It not merely confines to recruitments, it also holds promotions based on the performance. It aims at giving fair chance to the candidates who deserve it and are ready to face more challenges and responsibilities. It also conducts many training programmes which train the candidates by polishing their skills, and enhancing their talent. Such programmes have made, IBPS one of the most preferred choices of people, when it comes to recruitments. Today, most of the public sector recruitments are carried out by IBPS which believes in high quality recruitment. It has its network spread throughout India, where much recruitment can be done simultaneously; such is the efficiency of its members. It consists of large team of trained professionals who prepare a high standard exam question paper. The question paper designed by them ensures the entry of only the most intelligent and prepared candidate, into the interview round.
The recent endeavor of IBPS is the CWE. It refers to a common test which would be conducted for recruitment into the posts of Bank PO and Bank Clerk. The exam would be conducted in 2011. After deeply studying the problems faced during recruitment, IBPS managed to gain mandate from the Managing Committee of Indian Bank’s Association (IBA) which approved of its viable solutions to solve the prevailing problems. After much discussion and debate it was proved that CWE is a time and money saving procedure which should be enacted as soon as possible.
Therefore, in 2011, CWE would be conducted. This type of recruitment facility is new in India and is usually followed abroad. It has been introduced for the two most sought after posts offered by banks, bank po and bank clerk. It will also be a golden opportunity for all those candidates who lost earlier chances due to lack of seats. Now, due to large scale recruitment, more hidden talents would come to limelight and many people would get the chance to exhibit their skills and capabilities.

 

If you are preparing for ibps exam 2011 , need tips for CWE for Bank PO and cwe for bank clerk then visit jagranjosh.com

Recruitment Procedure for Banking Sector – 2011

The post of Bank PO is offered by the banking sector of India. The job of a bank po is to manage all the important functions of the bank and ensure its smooth functioning. A Bank PO is given huge responsibilities and looked upon with respect. Especially, in a public sector bank, the post of a bank po is highly lucrative and tags along additional exciting incentives. This has made it the career choice of India today, where most of the youth has left behind the career options that dominated earlier and are now inclined towards this fastest growing sector. However, the banking sector has ensured that the best candidates are chosen for this post. Giving a post like that of Bank PO is a major responsibility. The post demands a knowledgeable person with strong personality and who avoids working in a a rambunctious manner. For this purpose, the bank exams are prepared in such a manner that only a few individuals who are well prepared and highly responsible are chosen for this job. IBPS, one of the largest recruiters of the banking sector, has prepared the question papers for the recent exam, CWE to be conducted in 2011, keeping in mind the reputation of the post.

Institute of Banking Personnel is a well known organization. It recruits candidates for the banking sector through outsourcing. The question papers are also designed by IBPS. While preparing the syllabus and the question paper, the main aim of IBPS or any recruitment organization is to set up a standard which can only be crossed by individuals who have a high intelligent quotient and are well aware of their field. Another recent way to check the awareness of the candidate is the introduction of current affair questions in the question paper. For posts like Bank PO, a very capable individual is required to take up the responsibility. That person should have a high general awareness level, especially in context to the banking sector. The CWE in 2011 would also focus on recruitment of high quality individuals who are well aware of the rules and regulations of the job they are applying for and are also ready to accept challenges.

Thus, recruitment is a tough procedure. CWE in 2011, would be a tough call for IBPS and also the participants as well, who would have to prove themselves amidst the stiff competition due to larger number of seats. Current affair questions would constitute an important part of the question paper and the later interview session.

 

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2011 Safest Banks by Global Finance

The economic meltdown has seriously affected the global economy in some recent years. In the situation, most of investors raise the questions of “Which banks are the safest?” Here are top ten safest banks in the world compiled by Global Finance. The results are based on long-term credit ratings and analysis of total assets from 500 largest banks in the world.

 

Germany

 

This year’s Global Finance’s list of the safest banks in the world includes four of six German banks. KfW sits at the top of the pack while last year’s safest bank ranked highly at No. 5. KfW banking group, which is based in Frankfurt, is owned by the Federal Republic of Germany and the federal states. Due to the feature, KfW guarantees obligations, debt securities issues and third-party lending activities.

Safest Bank: KfW (No. 1)

 

France

Caisse des Dépôts et Consignations (CDC) is named the second safest bank in France. CDC operation is “under Parliament’s supervision and guarantee”

 

Netherlands

The Bank Nederlandse Gemeenten (BNG), which is owned by both the Dutch government and municipalities, goes to the third place. The bank’s total assets are 118.5 billion euros (US$ 170.8 billion)

 

Switzerland

The Zuercher Kantonalbank with assets of $ 126 billion Swiss francs (US$ 159 billion) is representative of Swiss banking system in the fourth place

 

Luxembourg

Banque et Caisse d’Épargne de l’État is in the fifth position of the list and only Luxembourg bank to make Global Finance’s list

 

Spain

Banco Santander, which operates in Europe, Asia, North America, Latin America, and Africa, is one of the largest banking groups in Europe with more than 1.2 trillion euro (US$ 1.7 trillion) in assets

 

Canada

The Royal Bank of Canada (RBC) also features on this list with market cap of $ 72.8 billion

 

Australia

The National Australia Bank Limited and Commonwealth Bank of Australia place together in the 12nd place

 

United Kingdom

HSBC, with 1,347 U.K. offices and a market cap of $ 149.6 billion, is the biggest and safest bank in the United Kingdom

 

Singapore

DBS Bank, the safest bank in Singapore, has 200 branches across 50 cities throughout Asia

 

Caisse des Dépôts et Consignations

 

Related links:

 

2010s Safest Banks Worldwide

 

Oversea-Chinese Banking: Strongest Bank 2011

 

World’s Best Business Cities

Jolie Crussel, an economic expert, is keen on analyzing the economic situations in the world. Currently, she often delivers lectures on economic solutions to students and provides advice for many firms