Career In Banking Sector | After 12th/Graduation, Growth, Opportunities in Public & Private Sector Banks

Career In Banking Sector

Set up towards and make your Career In Banking Sector!! Do you know?? There are 43 Foreign, 20 Private and 26 Public banks in India, where employees in these banks are 25384 in foreign, 269941 in private and 801659 in Public banks. So this made us clear that there are huge job opportunities in banking sector and it reflects strong and fastest growing sectors in the country. But still through this article you will came to know the entire details of Opportunities in Public & Private Sector Banks, So that it may easy for you to choose your career in banking sector and also after 12th/Graduation career in Banking Sector.

Career In Banking Sector

Well, we all know that banking system is the backbone of India which is majorly managed by both private and public sector under takings and fully controlled by regulations of RBI in India. It has main focus on Trade Finance, Corporate, and Retail Banking Project Finance and of course Rural Lending. However, good Salary Package, Promotions and continuous growth are the key factors attracting today’s youth in Banking. Candidates who are going to pursue their Career in Banking Sector are advised to go through this page of www.resultinbox.com and gather all relevant information related to it.

Career In Banking Sector

 

In Banks, every year 75,823+ candidates appointed on various posts in banks such as Hr Officer, Assitant Manager, Deputy Manager, Manager, Functional Analyst and others. Aspirants are advised to grab these Bank Job Openings as this is the golden chance for all of them but before that candidates have a look on below provided information which will definitely help you to know the growth in banking sector in India’s growth and other basic information related to it.

Courses in Banking Sector:

There are various short term and long term courses in banking sector. Even B.A, B.Com, B.Sc. and 12th pass-out candidates also have a chance to be selected in public and Private Sector Banks etc. Name of some courses is as follows:

PG Diploma In Banking

Diploma In Banking & Finance

MBA In Finance & Management

Courses In Chartered Accountancy And Financial Analysis

PG Diploma In Investment And Banking

Courses In Commerce Finance, Accounting, Auditing And Taxation

Types of Banks in India

In India, the banking sector is divided into three parts that is Commercial Banks, Co-operative Banks and Investment Banks and specialized banks.

#1.Commercial Banks

Well, commercial bank is further divided into three heads as specified below:

  • Public Sector Banks
  • Private Sector Banks
  • Regional Banks

List of Public Sector Bank:

  • State Bank of India
  • Allahabad Bank
  • Andhra Bank
  • Bank of Baroda
  • Bank of India
  • Bank of Maharashtra
  • Canara Bank
  • Central Bank of India
  • Corporation Bank
  • Dena Bank
  • Indian Bank
  • Indian Overseas Bank
  • Oriental Bank of Commerce
  • Punjab & Sind Bank
  • Punjab National Bank
  • Syndicate Bank
  • UCO Bank
  • Union Bank of India
  • United Bank of India
  • Vijaya Bank

Do You Know: How to Prepare for SBI PO Exam

List of Private-Sector Bank:

  • Axis Bank
  • Bandhan Bank
  • Catholic Syrian Bank
  • City Union Bank
  • Dhanlaxmi Bank
  • DCB Bank
  • Federal Bank
  • HDFC Bank
  • ICICI Bank
  • IDFC Bank
  • UP Agro Corporation Bank
  • Karnataka Bank
  • IndusInd Bank
  • Jammu and Kashmir Bank
  • Karur Vysya Bank
  • Kotak Mahindra Bank
  • Lakshmi Vilas Bank
  • Nainital Bank
  • RBL Bank
  • South Indian Bank
  • Tamilnadu Mercantile Bank Limited
  • Yes Bank
  • Goswami Bank

Role of Commercial Banks In India:

  • Financing Agriculture
  • Financing Consumer Activities
  • Financing Employment Generating Activities
  • Help in Monetary Policy
  • Mobilizing Saving for Capital Formation
  • Financing Industry
  • Financing Trade

Read Here: 8 Secret Ways To Get Your Dream Job

#2.Co-operative Banks

Co-operative Banks name only reflecting its works as it was established to provide benefit to rural people such as farmers and small scale industries etc. as these are controlled and managed by co-operative societies. Co-operative Banks is further categorized into

  • State co-operative Banks
  • Central co-operative Banks
  • Primary Agriculture Credit societies

Investment Banks and Specialized Banks

These banks are established to give financial support to its consumers and also provide essential support such as foreign exchange, sales of equities, foreign trading etc. to its customers.

Courses in Banking Sector:

There are various short term and long term courses in banking sector, here are some:

  • Courses In Chartered Accountancy And Financial Analysis
  • PG Diploma In Investment And Banking
  • Courses In Commerce Finance, Accounting, Auditing And Taxation
  • PG Diploma In Banking
  • Diploma In Banking & Finance
  • MBA In Finance & Management

List of Entrance Exams for Bank Jobs:

  • State Bank of India Clerical
  • Common Written Exam for Regional Rural Banks
  • Common Written Exam for Specialist Officer
  • IDBI Bank Executive Exam
  • RBI exam
  • RBI assistant exam
  • IBPS Common Written Exam for Probationary Officer
  • State Bank of India Probationary Officer
  • Private Banks exam (conduct their own aptitude tests)
  • IBPS Common Written Exam for Clerical Recruitment for PSUs
  • NABARD AM exam
  • Others

Hit Here: Bank Jobs

Requirements Of Getting Job In Banking Sector

Common Requirements
Degree Level Graduate degree from a recognized university or institute
Degree Field Finance, business administration (most prefer)
Certification Recommended requires a bachelor’s degree, four years of related work experience and successful completion of three intensive exams
Key Skills Math and customer service skills are important, in addition to strong business and communication skills

Bank Exam Preparation:

Deciding a career in Banking sector and getting it is not that easy. As it is the toughest to get job in this sector because of bank competitive exam is very difficult.  Negative marking, day by day increasing of competition, quotas and many other factors held responsible for getting bank jobs. But that doesn’t means that it is impossible to crack these banks exams, candidates just need to focus on their goal and make proper exam schedule and you will definitely get it. You have to starting their preparation by making effective time management, and practicing mock tests.

Must Have A Look On Below Provided Useful Links

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