Tag Archives: Sector

Banking

The Growth Of Banking Sector Offers Jobs In Bank With A Steady But Glorious Improvement

If the economy of a country is an indicator of the growth of a country, then the banks would be the face of the economy. Most of the developing countries have had a sturdy growth of the banking sector. This growth is rightly justified as the status of the banks shows how the people are faring in the economic front as well as the financial security is provided through these banks. Also, the economic growth is an indirect indicator of the number of banks in a region. This is what, has been the focus of Indian as well as many other nations where the banks prosperity reflects the prosperity of the public.

As the economy becomes strong, the number of banks also flourishes. And this is what has made the people warm up to the idea of bank jobs. As the number of banks is increasing in tandem with the financial strength of an economy, more jobs at a bank are created. And people are benefited as they are able to get benefits of jobs as well as others receive the financial benefits such as loans, fixed deposits and other forms of financial growths.

The banks have been in the service of people in different forms since many years, probably after the barter system was stopped. But over the years, the banks have progressed from being the holders of money to the multipliers of money. There is an involvement of more number of skilled financial experts who are able to provide a different approach to the customers of the bank. They have instilled a new wave of confidence among the customers to have an outlook that stretches beyond the horizons of keeping money for safety. And this concept has further evolved with entry of private banks in the financial services of the public.

In the earlier days, banks were said to be under the control of the governments which still are operated as public sector enterprises. But in recent years, the relaxation of rules and the openness about financial management has brought a number of private organizations into the market. And as the number of banks in total, are increasing, it is the common man who is looking at a brighter future in different ways.

Financial experts are being offered jobs in banks in huge numbers. People who have an interest in the commerce and economics stream can extend their studies into a refined financial branch and get absorbed in the number of government as well as private organizations. These employees are in such bank jobs that are making a difference in the way in which the banks function today.

The banks are now considered as places which provide multiple options in the way in which the money is to be managed. These kinds of jobs at a bank have facilitated the change in concepts of people who now look at the banks as places where money can be put for investment purposes rather than just store or safekeeping. The functions of the banks, gets diversified with each passing year. They are getting a new look and are providing a new feel which is slow but is being favored by the public. And this trend is only a build up on the trust the banks have earned in all these years, while safekeeping the money successfully.

SarkariExam.com is the first job Portal in India dedicated to provide details of all Government Exams, Sarkari Naukri, Government IT Jobs, Employment News, Freshers Job, Railway Jobs, Defence Jobs, Bank Jobs and much more. Explore Vacancy

Banking

Bank Jobs ? Resume Writing For Banking Sector

In my life I have listen many times a famous quote which is, “first impression is the last impression”. This is actually a very true line! The first presentation is your resume to an employer. Resume shows your personality and it has the summary of your present and past skills. When you get an interview call, it means something special in your resume which attracts the eye of your targeted employer for bank jobs.

One thing that you need to keep in mind while writing your resume for bank jobs is that, the resume is about YOUR objectives, YOUR qualifications and YOUR experience etc. In short, it is about YOURSELF! Banking is one of the first choices for students because of its high status career, security and great salaries. A good banker is supposed to have good communication skills (written and verbal) that are required in effective dealings with the clients as well as with the staff. In fact today, good communication skills has become an vital part in most of the job fields but in Banks it’s a matter of Centralized value and is a basic substance for a candidate who wishes to get doorway into any of the private or public sector banks of the country.

People are in very hurry to get Bank jobs when they have unmatched skills with the bank’s requirements. The secret to making a resume that no bank will think about rejecting your CV is to show them that you are in sync with them without compromising on your individuality. There are several small resume writing guidelines that can assist make your CV effective. Here are some instructions to boost up your resume for jobs in bank.

Banking executives always calm and calculated in their work, so write your resume in a very relax and not in a hurry.
First you should have to research thoroughly on the bank that you are applying to and rewrite your resume according to the specific bank.
Huge mass of writing in resume sending is obvious and will not appreciate.
Have you heard the line? “Honesty is the best policy” Do not write untruth in your resume about your experience or qualifications. It is a bank you are applying to, they always verify all the information (it’s in their nature!).
Write your career objective keeping the bank objectives in mind. Don’t skip the job and career objectives in resume as it is very important. Because this will craft a relationship with your interviewer before he even meets you.
As resume is your first impression, make it professional. Professional means, it should be in:

a) Font should be Simple or uniform like Arial or Tahoma.

b) Use one color for font like Black or Gray Color.

c) Should be Aligned and Justified.

d) Write a brief description of your past working experience.

e) Don’t criticize your previous organization in your resume.

Keep your interests economics-related to banking fields as far as possible.
If reading, movies and music are your interests, don’t feel shy to mention it (stand by it in the interview if you are questioned, they are also fine interests!)
Research the bank, its work atmosphere, culture etc can also be written in your interest.
Write all your information in brief, like email address, address, contact number etc. It will be easy for them to reach you.
Skip the irrelevant or short-period experiences. Too many short term experiences may show your bad experience. That could be negative sight by the eyes of employers.
Volunteering and Internships are also respectful for your career; because it shows that you have the potential to learn something for your better career, so don’t forget to mention it.
No need to mention your religious affiliation in your resume. (In big banks they just want to see tour skills not religion).

Revise and make sure that all your details written in the resume can be verified and justified. Your resume should be calculated for an interview by following my guidelines. Isn’t that just the first impression you would want to make? Best of Luck!

Andrew Smith writes on behalf of CV4Gulf.com is the leading resume publishing website for Gulf CV. Andrew also writes for BankJobsdugg.com for only Bank Jobs

Banking

Jobs In HDFC Bank, ICICI Bank And IDBI Bank Offer A Potential Growth In Banking Sector

For freshers who have recently passed out from colleges, have a major thing to worry about. After the degrees are received, they are very much concerned about the right platform where they can start of their careers. To have a strong start, the first job has to be of a type, which lets them have a feel of the coming years as well as gives them a chance to put their college education to good use.

For the students who have completed their courses in commerce or finance and banking, the banking sector has a plethora of opportunities. These jobs in banks have grown considerably in recent years. Banks form an integral part of the social life. In earlier days, these places were used for the simple transactions, such as deposits and withdrawals.

But with the growth in economy, the functionalities of the banks have increased manifolds. They are now dealing with insurances, loans, and mutual funds to start with. These sections of the banks have a lot of things within them and are possible to be done by people with adequate expertise and knowledge. Jobs in ICICI bank are said to be one of the most diversified in the banking sector.

ICICI bank has grown to become the top most among the private banks in the country and have pioneered in every banking aspect that is possible in the banks. Starting from loans with different riders to the dealing of insurance policies, this number one private bank has become the epitome of banking in India.

Students, who are having knowledge of the banking and finances, cannot get a better opportunity than this, to start a flourishing career. Many students are therefore applying for jobs in ICICI bank for the posts of branch manager, branch operations manager, officer sales, home loan counsellors, branch manager-commercial banking, etc.

The spectrum of jobs in HDFC bank is also of the same as in ICICI bank as they are private banks. In the present scenario, the job profiles of recruits in these banks have increased significantly. The diversification has allowed the recruitment o a large number of people. Immediately after passing out, when students join these institutes, they get a fair knowledge and experience of the working of the banks. They are able to know the intricate details of how to manage customers and how to disburse the different financial transactions. These new recruits have sufficient knowledge in the theoretical aspects.

But the jobs in HDFC bank, allows them to gain a firsthand knowledge. Since the customer base of these banks have increased considerably, the jobs in IDBI and other private banks has also increased. When a new recruit is able to deal with many customers in a very small time, it is obvious that they can know about the functioning of the banks in a very quick time. These banks have not only helped people with better ways of banking, but also have helped thousands of aspirants to enter a career that is rewarding as well as challenging.

Mr. Rajnish Mehan is providing The InfiniteCourses, A foremost name in the arena of web sites offering umbrella solution to all education related queries and dilemmas. Explore Jobs in HDFC Bank, Jobs in ICICI Bank, Jobs in IDBI Bank and much more.

Banking

‘Rings of Fire? in the Banking Sector

“A bank has to be a bank. And the bank can only be a bank if the money that is lent comes back to the bank”. These words said by our ex-Finance minister in the wake of the 2008 global crisis, wherein most of Americas and Europe’s financial structure got immersed can be considered as a simplistic but prophetic statement in the light of  current events unfolding in the Indian banking sector. A closer look at the current state of both public and private banks in the banking sector easily showcases the ability of banks in retrieving their lent working capital from various small and large corporates which are on the verge of currently being labeled as full blown NPA accounts. The latest to join this growing list is construction leader HCC whose working capital accounts are on the verge of becoming full blown NPA’s with their respective banks. 

 
Another point that can be highlighted is that most banks in this fray are the large public and Indian private sector banks which can be seen as development of a growing ‘NPA ring of fire ’with more small and large corporates adding to the list of NPA accounts of their banks. Increase in  the NPA % of any bank will proportionately affect the financial health of any bank and In such cases in my opinion it’s only a matter of time when the ensuing NPA domino effect trickles down in a negative manner to the consumer both retail and corporate at large.
 
However like how every coin has 2 sides, same is case for the banking sector, the concept of ‘customer is king’ has remains true eternally and so when customers get harried and are inconvenienced with bad banking measures they would probably be inclined to discontinue and look at other investment avenues.
 
 It’s sad that even measures carried out by the regulator in this sector which involved tightening of the provisioning framework of banks have not effectively helped in curbing the increase of NPA accounts.
 
Undertaking a sectoral analysis of the banking sector in relation to increasing prevalence of NPA accounts also attribute to weak screening from the credit team who objective of identifying stress points and sending early warning signals seems to have been done poorly. Had the growth of NPA accounts been curbed in their nascent stages it wouldn’t have snowballed into the complex financial maze of hurdles that banks and corporates find themselves engrossed in.
 
I am totally against Banks or on a macro front the government against bailing out corporates in the NPA bucket of banks. I would like to conclude by quoting a known Industrialist ‘That those who die must die’. This causes the layman’s hard earned bread his own and if it dawns on him that his life time savings are being heckled to save NPA designated business units, he would find it difficult to digest it irrespective of the complex metrics involved.
 

I am a financial enthusiast keen to share knowledge on stock market and banking and financial services related content to readers. I am passionate about writing about NPA present in banking sector and hence write eloquently on NPA and related subjects for my readers.

Banking

Career Options in Banking Sector for Freshers

Career Options in Banking Sector for Freshers Banking is one of the most challenging careers from decades. Thousands of careerists opt for this career. Freshers can make out a career in banking as well. Being a graduate of general stream banking can be one of the excellent career opportunities.

It is in banks that no such eligibility criteria regards to any specialization can hinder a candidate to sit for the examinations. Majority of the nationalized banks in India are taking recruitment examinations throughout the years to get access with right candidate. Graduates from any stream are allowed to appear for these exams. Some of the banks are even allowing higher secondary pass outs with basic knowledge of computer applications to apply for clerical examinations.

The eligibility criterion of Probationary Officer Examination is minimum graduation from any stream. Hence banks are opening out new horizons in career field for the general fresher graduates. Besides them fresh engineers, management students and students of other specialization are also picking up banking career.

There are other job openings in banks like Relationship Manager, Sales Manager and Customer Care Executive where the qualification required is a graduation degree with no work experience. A candidate with good communication skills and ability resolve customer grievances respectively can apply for these jobs. Since they need to interact with bank customers regularly, they should possess good marketing and interpersonal skills.

Why will a fresher choose banking career?

Being a bank employee you can enjoy that power of position that you will acquire. May it be corporate bank/MNC bank or nationalized bank, being a part of this sector can build your future per excellence.

Freshers often get disillusioned regarding their career. This is their high time to try out a solid job option in the midst of crucial career competition and show their competence with dynamism in this challenging work field. Bank have various jobs for freshers who are self motivated and looking for opportunities to redefine their career in banking sector. Banks always look for candidates with knowledge regarding the tools and techniques and the capability to take work responsibilities.

Nitin Gurmukhani writes on behalf of various career portals in India. He writes on topics like bank jobs in mumbai, recruitment for clerks, yes bank jobs and improving work concentration.

Banking

Emerging Diploma Courses in Banking Sector

The Indian institute of banking and finance commonly known as IIBF has launched a new course diploma in banking and finance. The diploma will be awarded by IIBF with academic and logistic from Manipal Educational Group.
In the coming years, banking and finance industry will require professionally qualified manpower endowed with banking and finance knowledge and skill together with technology familiarity, customer orientation and hands on application skills who can be assigned to various desks/jobs with minimal training intervention at the bank level. The banking sector which currently employees more than 8,00,000 professional is expected to recruit about 1,00,000 professional during the next 5 years. Recognizing that the growth of this sector will require professionally qualified manpower for the banking and finance sector, and to ensure a steady stream of industry formally the Indian institute of banking, has announced a state of the art diploma in banking and finance the diploma will be awarded by IIBF, with academic and logistical partnership from Manipal education group the program is open to graduate of any discipline.
The course will give knowledge inputs to the candidates and expose them to the operational processes and modern banking environment so that they can man the counters at the bank from the first day of their joining the bank. It is expected that successful candidates of DBF would have a competitive edge and will be absorbed by banks and financial institutions and DBF would emerge as a preferred professional qualification with graduation for employment in banking and finance industry. DBF holders can find jobs in leading public and private sector banks. IT/BPO companies will also find the qualification useful if technology candidates take the course. IIBF will host on its website brief resume, with photographs of all the successful candidates.
DBF is a self paced examination however the recommended reading time is about 4 months. Examination will be conducted twice a year, generally in June and December. Online and offline mode of examination is available as per the choice of the candidates at 17 different centers that are specifically mentioned in the list. Examination would consist of multiple choice questions with three difficulty levels basic intermediate and advance level. The syllabus of the test mainly consists of knowledge conceptual grasp, decision making problem solving and case analysis. There would be few case study based questions. The examination would be held over 120 minutes with approximately 120 questions for 100 marks in each paper.

 

 

Get More details about these topics by visiting Railway Jobs more over don’t miss to get the latest update knowledge about various PNB Recruitment you can also Check the SBI Recruitment.

Banking

Banking Sector – Career Choice of Today

The success graph of Banking Sector is growing with every year. It has shown massive improvement in the last few years and is one of the most prosperous sectors in India today. Further, the banking sector contributes majorly to the growing economy of India. This has made it one of the most sought after career choices of the century. In a banking sector, there is also growth and you ascend in position. For these reasons, bank recruitment is a major procedure. The recruitment decides the quality of the bank personnels and thus the reputation of the bank. Especially, for posts like bank po and bank clerk, recruitment should be a highly scrutinized procedure conducted carefully.
Banks often deal with confidential information. This makes it a pre-requisite to recruit people who are highly responsible and apt for the post offered. Any mismatch can lead to major problems later, and this affect the standing of the bank and deteriorate its position. A bank has to gain the trust of people in order to serve their needs. Banking sector is not merely confined to securing the money of the people. It now, serves to a larger audience which involves money saving programmes, education loans, pension plans, etc. In such a scenario, there is a great demand for individuals who are capable and understand the importance of the post provided to him/her. People in strength of thousands appear for the exam, however only a few handful of people are selected. This is due to the challenging levels of exam and interview that one has to face in order to finally get recruited.
Posts like Bank PO and Bank Clerk are the main people who carry out the most important functions in the banks. Bank clerks are spread in every department. There is need for a bank clerk to open new accounts, record loan related issues, close a customer accounts, communicate with customers and explain them new plans offered by the bank etc. Similarly, the work of a Bank PO is equally important in a bank. A Bank PO is just one step lower to the bank manager.
Thus, the recruitment for posts like Bank PO and Bank Clerks requires much more attention. Such a strategy has been implemented by IBPS which would allow quality recruitment for these posts. It is the CWE which would be conducted in 2011. Therefore, the banking sector keeps changing its methods of recruitment to suit the public interest where as improving their work as well.

 

If you want to be in the list of Bank recruitment 2011 then get tips for  bank clerk recruitment and Bank po recruitment 2011  at jagranjosh.com

Banking

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.

 

Get tips for bank recruitment , tips for Ibps recruitment  and read current affairs for bank po at jagranjosh.com

Finance

Top tips for finance sector PR

Finance sector PR can be a very competitive environment, with a large number of players competing for limited space.

The key players in the sector are high street banks (both domestic and foreign), building societies, money aggregator sites, consumer groups as well as other specialist providers. As such, it pays to know your competition and apply a carefully considered PR strategy to ensure your voice is heard.

Before you begin

It’s important to understand the number of different routes to market your finance business before selecting the best type of media to target.

Obviously, people ‘buy’ personal finance products through a large number of sources (eg. high street branch, online, telephone, money aggregator sites, financial advisor, direct sales stands, supermarket checkouts etc.); often, where the product is sold is reflective of the complexity of their need and the product.

This route to market will almost always also influence the media choice of potential customers (e.g. if your customer is buying via a money aggregator site (e.g. moneysupermarket), they might read other online reviews/stories), and you should bare this in mind when deciding what type of media to approach.

Insight, advice and much more

Most national personal finance sections and online news sources carry some sort of ‘best buy’ comparison tables to help guide their readers.  Getting your product showcased here can do wonders for your business.

Outside of best buy tables, titles vary significantly in the information and stories they will carry; some like surveys and research where others prefer case study lead articles and features that contain opinion and advice.

Analyse your target consumer and understand the media they consume – this will guide your PR strategy.

Setting the agenda

It’s important to understand where publications take their news from.  Some publication write based on their post bag, while others will rely on industry commentators to help identify hot topics

Because of the importance of many commentators, it is worth considering them as an extra audience/media outlet and you should plan an engagement strategy with them into your PR strategy.

It’s important to stay up-to-date.  Often online bulletins/emails from key industry titles will set the agenda – by identifying a story early on you may be able to add to the debate and provide further comment.

Think laterally. Just because you didn’t initiate the story it’s worth considering if you can add to it with statistics, comment, further insight or even a case study that illustrates the topic.

Find out more about what PR agencies have to offer in sectors including finance PR.

Banking

IBPS- Largest Recruiter in Banking Sector

Bank recruitment is a very tough and hectic procedure. It is a process that requires large amount of hard work by the recruiters as well as the candidates. However, the banks are not ready to compromise on the quality of its personnel. A well established autonomous body called he Institute of Banking Personnel has been set up which has undertaken the major responsibility of recruiting candidates through outsourcing. This institution has gained immense popularity in the recent times, one of the reasons for this growing success can be its recent achievement in the banking sector. After many years of planning and making strategies, it has finally got the permission to conduct Common Written Exam in 2011. This is the biggest achievement by Institute of Banking Personnel (IBPS), as these exams would be an entry ticket to 19 renowned public sector banks of India.

Institute of Banking Personnel works on international testing models like ETS. It has technologically advanced training programmes which help to understand the need of its customers in accordance to their potentialities in various fields. Another reason for its popularity is the treatment of its employees by IBPS. It is a well known fact that IBPS, by far is one of the largest recruiters in India, however not many are aware of the fact that it also supports promotion of its employees. It aims at the progress of its employees who are capable of facing challenges and take up new responsibilities.  It not only conducts exams but also organizes the interview that follows the bank exam. It has a fast technology printing machines which can print 100 sheets of data booklets and answer sheets per day, which has led to inclination of many banks towards IBPS to conduct exams.  It is buit by a strong faculty of experienced team members, who are professionals in various fields.  It is capable of conducting exams all over India, in over 150 towns for 300 thousands candidates in one session. This is possible only due to its large web of network spread throughout the country and its technologically advances mechanisms.

Thus, IBPS has made it much easier to conduct bank recruitment in various parts of the country and in any public sector bank of India. Its recent Endeavour, the Common Written Exams aim at taking its position to another level.
 

Download list of bank recruitment ,bank clerk recruitment 2011 , Bank recruitment 2011 and  IBPS  at jagranjosh.com .