Bank Recruitment | Banks India 2013

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Public Sector Banks to Hire for 56,500 Jobs in Next 6 Months

A good news for all the candidates aspiring to do jobs in Public sector banks that the PSU banks including SBI will be hiring in large numbers to fill up 56,500 vacancies in the next 6 months.

This will be the highest ever recruitment by the PSU banks ever seen.  The data released in one of the leading newspapers states that this year recruitment will be 30% higher than the last year’s numbers as for most of the banks their business cycle is grooming.

Why such huge number of Vacancies?

The reason for such higher number of recruitment’s is:

  • Reserve Bank of India (RBI) is all set to issue new licences to PSU banks permitting them to open new branches
  • Fill the gap created by retirement and attrition.

Number of Vacancies:

The Institute of Banking Personnel Selection (IBPS) said 20 public sector banks, excluding SBI, will hire:

A) 22,415 officers and 32,453 clerks for branch expansion in urban as well as rural areas; &
B) 1,500 officer positions to fill the gap created by retirement and attrition.

Banking Career

RBI data shows business per employee for PSU banks is higher at the end of March 2012 than for private sector ones. But the profitability of private banks is far higher for a variety of reasons, including lesser bad loans.

BUT in near future  one will  see the kind of a balance sheet effect which will come in positive for most of the PSU banks. The reason for this is that the use of modern technology has helped banks to improve services as well as find new opportunities with low transaction costs.

Nowadays job in bank has become a lucrative & glamorous opportunity for the young generations.  Individually, Banks have also taken steps  and make the jobs more lucrative to attract the best of the talent in the market. Also during the past decade, state-run banks have improved their operational parameters.

These are are showing the recovery signs of the PSU banks and thus banks have decided for branch expansion.

Now what next?

The banks are all set to blow off their guns & hire at a full swing now. Start preparing for the upcoming bank exams as you can be one the banks are looking for. Good Luck!

Read from here the article published in one of the leading newspapers

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: Bank Jobs - IBPS PO and Clerk Recruitment 2012
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14

63,000 Bank Jobs Upcoming In 2013

The Public Sector Banks recruitment is again on the rise as the the Government owned banks will be going to hire 63200 manpower including officers and clerical staff by the end of the current financial year i.e, by March 2013.

Govt has also made it clear that the recruitment exercise in each cadre will be held at least once a year only. Institute of Banking Personnel Selection (IBPS) on behalf of 20 PSBs will hold the Common written examination and also from now, there are common eligibility criteria and interview for all public sector banks and a one-time application fee. Common Interviews are also a responsibility of IBPS from now.

Note: The country largest bank SBI and its 6 associates will not be a part of the CWE and Common interviews conducted by IBPS and will follow its own procedure. But a good News because A Third of these vacancies openings will be in SBI.

Recruitment in Public Sector Bank
Post 2009-10 2010-11 2011-12
Officers 14,361 20,540 17,390
Clerks 40,145 32,791 29,449
Sub-Staff 4,394 4,427 8,793
TOTAL 58,900 57,758 55,632

The above table depicts that the Public sector Banks are hiring manpower in large numbers every year. The hiring in Sub-staff department is continuously increasing every year but that of clerks has fallen down as compared to previous years. Now, again in the year 2012-13 the hiring process will be quite similar or more than as compared to 2009-10 recruitments because this year the no. of retirements is in great numbers in the public sector banks. So, Its a great opportunity for you all. Prepare well to get into highly reputed jobs of Public Sector Banks.

The article published in a leading newspaper dated 15 November 2012, stated that as on 30  September 2012,

  • All Government-owned banks had a total vacancy (officers, clerks and sub-staff combined) of 84,489.
  •  Of this, banks plan to recruit 63,200 during the current financial year.

Finance Minister P. Chidambaram said that “There are huge job opportunities for young men and women in banks. It’s a very attractive career, and young men and women must take advantage of it”. So, prepare yourself !!

You can read the complete article from here.

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85

Federal Bank Recruiting IBPS Card Holders

Federal Bank, a leading Private Sector Bank invites applications from aspiring, young, talented and dynamic personnel holding a valid score card of Common Written Examination (CWE) issued by Institute of Banking Personnel Selection (IBPS) and who are looking for a challenging work environment and progressive career,for Clerk and Probationary Officer positions.

Important Dates:
Start date for remittance of application fee:08.06.2012
Opening Date of Online Registration Gateway: 11.06.2012
Last date for application fee remittance & Closing Date of Online Registration Gateway: 22-06-2012
Edit/ Print application:13.06.2012 to 27.06.2012.

Probation period:
For Clerk-6 months.
For Probationary Officer-2 years.

Age(as on 01.11.2011):
For Clerk- Maximum Age: 24 years(Candidates should be born on or after 01.11.1987).
For Probationary Officer- Maximum Age: 26 years(Candidates should be born on or after 01.11.1985).

Educational Qualifications(As on 01.11.2011):
For Clerk:
1)Graduation with minimum 55% marks for science subjects and minimum
50% marks for other streams from any recognised university or other institutions established by an Act of parliament or declared to be deemed as a University under Section 3 of U G C Act, 1956.
2)Candidates should be qualified in the Common Written Examination (CWE) conducted by Institute of Banking Personnel Selection (IBPS) for the post of Clerk and should be holding a valid score card issued by IBPS.
For Probationary Officer:
1)Graduation in any discipline with minimum 60% marks from any recognized university or other institutions established by an Act of parliament or declared to be deemed as a University under Section 3 of U G C Act, 1956.
2)Candidates should be qualified in the Common Written Examination (CWE) conducted by Institute of Banking Personnel Selection (IBPS) for the post of Probationary Officer and should be holding a valid score card issued by IBPS.

Application Fees: Rs 50/-(SC/ST) and Rs 200/-(OBC/General).

Click here to apply online(Online registration link will be available from 11-06-2012 only).
Click here for downloading complete advertisement of Federal Bank vacancies.
Download fee payment challan from here.

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3

Lakshmi Vilas Bank Recruiting Sales Executives

The Lakshmi Vilas Bank Ltd. was incorporated on November 03, 1926 under the Indian Companies Act, 1913 and obtained the certificate to commence business on November 10, 1926, The Bank obtained its license from RBI in June 1958 and in August 1958 it became a Scheduled Commercial Bank. It has branches in Tamil Nadu, Andhra Pradesh, Karnataka, Kerala, Maharashtra, Madhya Pradesh, Gujarat, West Bengal, Uttar Pradesh, Delhi and Pondicherry.

This Bank has announced vacancies for Sales Executives in these locations:Tamil Nadu/Pondicherry/Karnataka/Andhra Pradesh/Kerala/ Maharashtra/Gujarat/New Delhi/Haryana/ Uttar Pradesh/ Bhubaneshwar/Indore/ Raipur/ Bhilwara/Ranchi/Kolkata.

Job Description:CASA,Cross selling other Products & Services as prescribed by the Bank from time to time.

Eligibility Required:
1)Degree from any recognized University.
2)1 year sales experience.

Age:Between 21 to 35 years.

Compensation Offered: CTC of Rs.10000/- pm plus other applicable incentives.

Last Date to apply: 20 June,2012.

Interested candidates can apply with strict confidence to the following address:
The DGM, HRD Dept,
The Lakshmi Vilas Bank Limited,
Regd & Admin Office,
Kathaparai,Karur-639 006,
Tamil Nadu.

Click here to download application form.

Click here for more details.

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