Kumari Palany & Co

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Bright Future Ahead on Job Opportunities in Bank & Financial Sector!

Posted on: 20/May/2014 8:44:32 PM

A bright future is waiting for the students who look for career choices in the field of both bank and finance.

The state-owned banks are likely to open 55,000 jobs in 2014. In addition to it, for the next three subsequent years, banks across the country are mounting up to recruit more than 50,000 candidates.

Because of mounting customer sections across the banking arena, the new employees have to appreciate the customer needs and with the surfacing High Net-Worth Individuals (HNIs), the candidates ought to show their poise and communication talents, says N Kamakodi, managing director of the City Union Bank.

Hence, most of the entry level questionnaire involves larger customer communication and interaction, he added.

Most of the nationalized banks recruitment is mainly based on the examination carried out by the Institute of Banking Personnel Selection (IBPS) and face-to-face discussions. Private Banks generally go for campus recruitments in B-Schools for entry degree openings.

Aspirants ought to have two-year probationary phase for clerks and junior grade officers. High doers can get their second promotion by the end of their fourth year, and by their successful completion of 15th year in service, they can attain the General Manager (GM) grade, said M Narendra, Chairman and managing director of Indian Overseas Bank.

During this fiscal year, the Karur Vysya Bank plans to employ 800 clerical officers and Syndicate Bank plans to recruit 5,000 staff.

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