Tag Archives: Sector

Banking

Career Options: Civil Service and Banking Sector

Career Options: Civil Service and Banking Sector
Today, the private sector is growing tremendously. It has made various achievements and spread its network throughout the world. However, despite its popularity in today’s time, it could not shake the deep faith of people in the public sector jobs. Any individual would choose a government job over a private enterprise. The main reason behind this is the job security that the public sector has to offer. It not only gives you a handsome income but also provides you with exciting packages and a job security for the lifetime. You have ample amount of career options in public sector. The most coveted ones are the banking sector and the civil services. These career options are opted by maximum number of individuals today because of the respect and honour that the job attaches to it. Civil services are considered a top notch above than all the other career options. Being a part of this puts you far above others. Banking sector, because of its rising success graph has become the buzz word for the youth. Every year, thousands of students enrol themselves for various posts in public sector banks of India. The recent progress in the banking sector is the introduction of the CWE exams by IBPS in 2011.
Civil Services:
Civil service officers undertake the major responsibility of managing the bureaucracy.
There are various number of career options within this broad career field. IAS, IFS, IPS etc. all is highly coveted career choices of today.
Union Public Service Commission conducts the exams for recruitment in any job offered by civil services.
These exams thrive on current affairs and recruit the candidates on basis of their general awareness level and intelligence quotient.
Recruitment in any field in civil service usually follows three stages; preliminary exam, mains exam and interview. Only after clearing all the three stages, the candidates are undertaken for further training.
Banking Sector:
It has attracted the youth in large numbers due to its high success rate.
IBPS is an autonomous body that has undertaken the responsibility of recruiting capable candidates for public sector banks in India.
It has introduced the common written exam. This exam will be commenced in November 2011. It will be a common exam for the recruitment of bank po in 19 public sector banks.
Candidates can present their score card if any vacancy arises in any of these public sector banks. Score cards will be only given to those candidates who clear the CWE exam.
Bank job and civil service are both growing sectors. New establishments like CWE 2011, direct towards the growth and the popularity of these fields. Recruitment for both these sectors is a tough process and requires hard work.

 

Find your career choices at jagranjosh.com if you are looking your career in civil services  or Common written examination  .

Banking

Chinese Banking Sector Poised For Robust Growth

As per our new research report China Banking Sector Analysis, China’s banking industry has undergone tremendous changes during the last 60 years. Despite the heavy slowdown in the economy, the banking sector continued to post healthy growth in the recent years. As per our estimations, the banking assets are forecasted to grow at a CAGR of around 14% during 2011- 2014.

The main reasons for the growth of this industry are the increased demand for household as well as corporate financing and improved economic conditions in the country. Besides, various other strong fundamental drivers discussed and analyzed in the report will enable the banking assets to sustain its upward growth trend in the coming years.

Further, our report has analyzed that, despite fast growth, Chinese banking industry is suffering from many limitations. An underdeveloped credit system, a lack of risk management, policy lending, and above all, poor governance and a lack of transparency, are some of the fundamental problems that are still troubling the countrys banking industry.

Apart from this, our report has identified emerging trends and potential areas, such as e-banking, growing acceptance of payment cards, mortgage financing, rural banking, increasing loans to small and medium enterprises, which will decide the future of the banking industry in the country.

Besides, our report discusses each of the banking performance indicators in-detail. Under loans and deposits section, the reports talks about each of the verticals, such as corporate and household loans. Our report also features forecast for each key-banking segment to provide better understanding of the banking sector in the country.

Our report China Banking Sector Analysis” is an outcome of extensive research and detailed study of banking sector in China. The report discusses each indicator of the banking system performance in detail, supplemented with quantitative data, and prudent analysis. It also tells the clients direction, in which, the banking sector is likely to move in coming years. Additionally, the report analyses the pattern of macroeconomic variables and their impact on the banking sector.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM315.htm

Check DISCOUNTED REPORTS on: http://www.rncos.com/promotion.htm

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

Banking

Turkish Banking Sector Poised For Robust Growth

As per our new research report Turkey Banking Sector Forecast to 2012, Turkey’s financial sector was least affected by the global financial crisis compared to other sectors and foreign financial sectors. Due to the robust infrastructure, liquidity structure, capital sufficiency, risk management and internal audit systems, the countrys financial system did not shake due to the global financial crisis. Despite the heavy slowdown in the economy, the banking sector continued to post healthy growth in the recent years. As per our estimations, the banking assets are forecasted to grow at a CAGR of around 10% during 2011- 2014.

The main reasons for the growth of this industry are the increased demand for consumer as well as corporate financing and improved economic conditions in the country. Besides, various other strong fundamental drivers discussed and analyzed in the report will enable the banking assets to sustain its upward growth trend in the coming years.

Further, our report has identified emerging trends and potential areas, such as e-banking, growing acceptance of payment cards, islamic banking, automobile loans, mortgage financing, which will decide the future of the banking industry in the country.

Apart from this, our report discusses each of the banking performance indicators in-detail. Under loans and deposits section, the reports talks about each of the verticals like corporate, personal loans, and SME loans. Moreover, it has further segmented personal loans in to various segments like: housing, automobile, credit card, and general purpose loans. Our report also features forecast for each key-banking segment to provide better understanding of the banking sector in the country.

Our report Turkey Banking Sector Forecast to 2012 is an outcome of extensive research and detail study of banking sector in Turkey. The report discusses each indicator of the banking system performance in detail, supplemented with quantitative data and prudent analysis. It also tells the clients direction, in which, the banking sector is likely to move in coming years. Additionally, the report analyses the pattern of macroeconomic variables and their impact on the banking sector.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM177.htm

Check DISCOUNTED REPORTS on: http://www.rncos.com/promotion.htm

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

Banking

Getting A Job In The Uk Banking Sector

Banking is one of the most sought after sectors where people want to apply for jobs. If you are looking for a job in the UK banking sector you should be prepared for tough competition and a long recruitment process. Banks often have hundreds of candidates for the same job and therefore you need to make yourself stand out from the crowd. The banks usually ask candidates to take a competency assessment test, two rounds of interviews, minimum, and the whole process has been known to take up to 6 months. Applying for a job in the banking sector you will need to have the right mix of strong analytical and banking skills. The idea of service is prominantly highlighted by the banking industry and service is the TOP ingredient of success in this sector. A high school diploma or equivalent is the most common educational requirement for the more junior roles.
So those looking for jobs in this sector should brush up their skills by following some tips which are given below to achieve what you want and more importantly what your dream career will be.
First of all there are two methods to apply for jobs i.e. via an agency or directly to the employer. Please note it is not advisable to pursue both at the same time, this just causes confusion and quite often will be detrimental to your application. Adopting the agency method has the benefit that an agency will be working closely with the banks thus knowing both current and upcoming vacancies available. If an advertised vacancy does not prove to be suitable, your recruitment consultant will perhaps be able to recommend an alternative position where you may be able to apply. An agency has more contacts and gets interviews arranged for you by approaching the institution/business on your behalf. They will inevitably help to bring out more avenues as they work very closely with the hiring managers and have one goal, high customer service to the client and candidate.
Those who prefer to apply directly to the institution can do so by searching for relevant ads in the newspapers, online job search engines and corporate websites. However, the drawback is that the whole process of searching and then applying may take a long time. Also you may apply online for the job. In the field specific to banking, there are specialized websites that house only bank-related jobs. Quite often with this method, your CV will be processes internally by an admin assistant and missed for other relevant vacancies. This will never happen at Agency level they have ATS Applicant Track Systems which track your CV and suitably for current/live vacancies on time every time. Plus, your consultant is aware of your skills and will keep you informed.
The next step is to prepare an effective CV as it gives the first impression about your skills, achievements and personal attributes which can often influence the employer in deciding whether to call the candidate for the next stages or not. Your CV should be created in a format that is easily readable. (See www.cvgen.co.uk) It should be updated with all your achievements properly listed in positive manner.
Finally the interview, which is dependent to a large extent on the skills of the candidate. You should be able to present yourself in the way the Bank wants you to be and convince them of the skills and positive attitude you can bring. Bank management will want to hire a candidate who is knowledgeable and who can add value to their teams. So, prepare yourself to be the one they are looking for!

McBarron Wood is a leading specialist Financial Services and Accountancy Recruitment outsourcing and talent management company utilising new generation recruitment software to supply the BEST Finance & Accountancy staffing solutions across the UK and Internationally.
Please Visit Our Website : http://www.mcbarronwood.com

Banking

IT Support Services to Banking Sector

With the other industries the banking industry is also growing at a significant good rate today. The main reason behind this is the use of the latest technology tools. In the olden days banking was done on paper but now it is done electronically with the help of computers. Many IT Support Company are giving their IT services to the banking sector.

It has been observed during the last few decades that IT infrastructure services have been taken by the banks and other financial institutions. In the early 80s the banks started to make their branches computerized and were purchasing the software packages. In the early 90s replacement of the computer systems with the inexpensive and latest technology powered PC’s began. Information technology opened up the way for the banks to make their products sophisticated, diversified and adopting new techniques and make better market infrastructure. The internet has become the remote channel of communication between banks and its customers.

The E-Banking came to the United States of America and the United Kingdom in between 1020 to 1030 and now India is also following it. Most of the banks have made their services based on these technologies and equipments which are offered by many IT support companies. Now the customers can view their account summary, status, receipts, transaction records, can make online funds transfer and many more online options like these. Undoubtedly today banking has become more fast and easy and the customers’ expectations are also increased. Now the customer needs not to have its account summary on registers because everything is now online with the advent of the internet technology which is providing many benefits to the customers as well as the banks.

A customer can take his cash fast and easy with the use of an ATM machine. He can use his debit or credit card for purchasing purposes. He can use e-cheques, mobile banking, telephone banking and internet banking for remote transactions. He can also make payment transfers when the bank is closed. Easy to keep an eye or monitor the account status. It is cost effective for the bank because thousands of customers can be handled at a time and no need to use so many clerks.

We can say that technology has always played an important role in the growth of financial organizations and banks. It has shortened the paths of long transactions to smaller ones. It is giving proper service quality and satisfaction to the customers.

Khalid Kamal, working as a DBA in ProVal Technologies. This IT Support Company is providing the IT infrastructure services for small & medium business in UK & USA.

Banking

Recruitment in Banking Sector for the post Of Bank PO and Bank Clerk

The Banking Sector, as we all know has been growing at a tremendous rate. The Government has done commendable job in opening various public bank branches in almost all parts of the country. This has made life much easier for the public and made financial security a much accessible term in their lives. Banks stand as a witness of trust and faith that the people have shown in teh government in all these years. The government keeps implementing new strategies for making lives easier for the public while elevating the standard of living simultaneously. Bank provides a large number of job opportunities for the people, and aims to build a strong team of bank personnel to provide better services for its customers. Such two jobs offered by the banks are of the Bank PO and Bank Clerk. These two jobs are high profile jobs and every year thousands of candidates apply for these posts. However, this year, IBPS (the largest recruiter for banks) has introduced a new plan for Bank PO recruitment. In 2011, CWE (Common Written Exam) will be conducted for the first time which would aim at large scale recruitment.

Bank PO Recruitment:
Bank probationary officer, i.e Bank PO, is a highly coveted job in the banking sector. After clearing the bank exam and interview, the chosen candidates undergo a probationary period. This period consists of two years where they are trained regarding their work in the bank.

Institute of Banking Personal (IBPS) is a recruiter for the banking sector. It recruits individuals for various posts. However, in year 2011, it has come up with the CWE (Common Written Exam) which would be a single exam recruiting for 19 public sector banks in India. This has made recruitment a much easier process for the post of Bank PO, where thousands of applicants apply for the job.

Bank Clerk Recruitment:
Just like, Bank PO, the post of a bank clerk is also very popular amongst the crowd.
Factors like, a good income, job security and exciting additional perks make this job a very tempting opportunity to grab.

There are various kinds of clerks on different levels that perform different functions. There are loan clerks, new account clerks, investment clerks etc. Keeping in mind certain qualities, candidates are recruited in different branches of the post of clerk. For example, a person with good logical and mathematical skills would be given the job of maintaining records, on the other hand, a candidate with good communication skills would be given the task to deal with the clients.

Thus, bank clerk and bank are two challenging jobs which are highly competitive in nature. In order to get recruited in any of these posts, one has to prepare well and not confine to merely textual knowledge.

 

If you are looking for Ibps recruitment then read articles related to IBPS PO Recruitment 2011 and ibps clerk recruitment 2011 on jagranjosh.com

Banking

Career in Banking Sector for Fresher

 

Banks not only offer jobs for experienced employees but also for freshers. These freshers are the students who have completed their studies and wish to pursue career in banking sector and since they do not have any work experience, the hiring process includes a written exam, group discussion and personal interview.
 
When it comes to fresher there are so many options and so many jobs which banks provide and almost every year banks look forward for graduates / management students with little experience. This is because they have just completed their academics and are completely ready to mix in the office environment. Also the spirits are high and the devotion is very true. Therefore banks would love to work with such kind of students who wants to associate themselves with banks. 
 
As a matter of fact there are so many colleges where banks come to hire the students soon after they complete their graduation. Therefore it acts as an added advantage for the students as they do not have to search for jobs. These kinds of degrees hold so much importance that now students have understood their weightage and are doing their level best to work with best of the banks. Not only private banks but public sector banks also are a part of the whole hiring system. That is why these days there are fewer complaints from the customers’ side. This is because quality staff is hired and no one wants to lose their customers.
 
Freshers can be posted in any department as they are not specialized in any stream. They can be trained well and then may be Marketing or Finance whichever is suitable for them they can be absorbed in that department. Trainees love to deal with customers as they are young and they always look for attention from their seniors. That is why if proper training is provided they can prove excel in their work and help in the growth of an organization.
 
There are discussions regarding the salaries and stipends which are offered to these trainees like low pay scale but that is true in various industries hiring inexperienced staff but with time and experience they do get a decent salary. That is a universal and an accepted fact. If there is correct potential and the spirit to go ahead and create a name in the world of numbers then sky is the only limit. Just make one thing sure in mind that you want to work with the best bank in the world.

Nitin G writes on behalf of various career portals and websites in India. He writes on different topics like bank job openings, eligibility for bank exams, jobs for freshers and improving work concentration.

Banking

Recruitment in the Banking Sector

As well all know, our lives have become dependent on banks to manage our monetary security. Banks not only secure our money but also provide us with loans to fulfill our dreams like building a home, or education loan for our child etc. There are also various insurance policies that secure the future of our loved ones. Due to modern technology, bank services have become computerized. ATMs have been a blessing for the people as it allows quick access to cash. Due to the growing importance of banks, the banking sector has faced immense growth and is one of the leading career options in not only India but the entire world. A bank job means a secure future and a healthy income. Today, there is a bank branch in every corner. However, this has also lead to a great need for efficient bank personnel in the various branches. These personnel are recruited by conducting bank exams. Bank exam question papers are very challenging, and ensure entry of the best candidates.
Banking sector is growing at a fast pace. What earlier was a body to keep money safe, today, dominates our lives. Rich or poor, male or female, adult or old, everybody is connected to the bank. They show their trust in the bank they are connected to and for this reason, it is very essential to choose the right candidates for the banks. These candidates should not only have textual knowledge but should also have a high general awareness level and good communication skills. They should be aware of the banking rules and regulations and be loyal individuals. These qualities are tested in the bank exams and interviews. The selection rate adopted by banks is very low and the recruitment procedure is very tough. The Bank exam question papers cover a large portion of general knowledge questions, to test the awareness level of the candidate.  Once, the exam is cleared, the interview session is equally challenging. Highly trained professionals are the evaluators in this round, and question the candidate on current affairs, their personal skills and interests, test their logical skills etc.
There is a new strategy introduced in the recruitment process. IBPS, one of the largest recruiters of the banking sector has introduced the CWE in 2011. This exam is conducted to appoint individuals for clerical posts and post of Bank PO. This will be a common exam which will recruit candidates for 19 public sector banks.

Thus, banking sector is a highly coveted career choice, but only a few dedicated individuals are recruited for the post of their choice. Candidates appear in strength of thousands, for the exam, and only a few are selected. However, those who are selected have secured their career for a lifetime.
 

If you want to be in the list of bank recruitment then download bank exam question papers and get download list of Ibps recruitment at jagranjosh.com

Banking

Exponential Growth in banking sector

With the emergence of Banking as one of the most rewarding career opportunity, enormous openings had been seen in this sector. This has attracted many of candidates to appear for bank jobs at diverse positions. A number of jobs are offered to the youth as well as the experienced persons interested in pursuing their career in Banking. The sector indeed has generated both direct and indirect employment. The rise in bank jobs is the outcome of a number of factors like the entrance of private sector banks which has pressurized the market to be competitive. In order to be ahead the banks are forced to retain their highly skilled employees. The employees are ultimately benefitted.
These private sector banks have also created numerous bank jobs for the technocrats by bringing in the usage of IT i.e. information technology in almost all operations. This has brought a U-turn in the banking sector as well bank jobs.  There has been an expansion of business from branch operations to dealing with mutual funds, insurance, loans etc. Thus, the need arises for the specialists in areas like project analysis, credit appraisal skills, foreign exchange etc. so that utmost quality services can be offered by the experts in their respective area. Aspiring student can appear in entrance exams conducted by different banks such as Punjab national bank, UTI bank, State Bank of India and the banks like ICICI, Axis, and HDFC.  Both private and public sector banks conduct their exams annually for clerical and officer posts. The students both of matriculation and college level can apply for the exams as the paper consists of questions based on logical reasoning and simple mathematics.

An individual needs to possess hold over communication, knowledge of computers, interpersonal skills and ability to deal with customers. Students from any region are eligible for the exams.
With the widening of the sector, the need for the human resource is also widened leading to more bank jobs. So the students having an inclination towards a secure and prosperous job should look out for the bank jobs so as to have a better life. The future prospect for the jobs is also looking superior. The bank jobs have also assisted the employees to progress through various areas and grow in all directions. In fact, the bank jobs are becoming the hot favorite of the time due to fantastic development opportunities provided by them. The factors like job security and stability are the major ones drawing masses of people to opt for the bank jobs.

Get More details about these topics by visiting bank jobs more over don’t miss to get the latest update knowledge about various bank recruitment you can also Check the Bank jobs in India Portal.

Banking

Banking Sector – Bank Clerks

Bank jobs are highly preferred by the youth of India today. These jobs offer good income, time flexibility, additional status and status and power. There are some bank jobs which are more popular than the rest; one such post is of a bank clerk. It is required in every bank and a bank cannot function properly without an efficient bank clerk. Every year various banks offer jobs of bank clerks and the highest number of candidates apply for this post. It is one of the most high profile and reputed post offered by any bank and is the dream of many. In 2012 many banks like SBI, UCO, Punjab National Bank of India etc have vacancies open for the post of bank clerk.

The major work of bank clerks is to deal with customers who come to the bank with queries and problems. Also, bank clerks are expected to manage the accounts and keep a check on the confidential data related to the bank and customer accounts. As you can see, these are highly confidential and responsible jobs and demand a person who possesses these qualities. This is one of the reasons why recruitment as a bank clerk is done only after a stringent exam and an equally tough interview round. A bank clerk must be highly educated and very knowledgeable. Since the major work deals with informing and helping the customers, they must be well versed in the language and possess excellent communication skills. Also, it is very important that they must have computer literacy and good mathematical knowledge. Bank clerks are required in different sections of any bank. Some deal with loans and are called loan clerks, others with confidential and security related issues are called security clerks.

There are also exchange clerks who work on international accounts, translate foreign currency etc. New account clerks are there to open new accounts and close the older ones. Thus, every year exams are conducted by many banks to recruit bank clerks. While in 2012, many banks have offered their vacancies, others are declaring their result for 2011 and recruiting the candidates.

Therefore, bank clerks are required in all departments of a bank and a bank cannot do without them. It is the nature and qualities of a bank that can adversely affect or positively impact its reputation. Thus, banks ensure that they choose the candidate for this post very wisely.

 

Get tips for Bank Recruitment 2012 , tips for BPS Clerk Recruitment 2012 and syllobus for IBPS Clerk Result 2012 at jagranjosh.com