Banking Sector-Scope & Growth Opportunities

As soon as any student completed his intermediate class, the first thing he/she wants to know is the job 
opportunities in different sectors.This is obvious too because having a government job is considered as a sign of wealth and respect in our society.There is a bundle of opportunities for every candidate after completing graduation course.From this bundle, we are unwrapping the most liked and having a boom nowadays i.e., Banking Sector.Some 4-5 years ago, the educational qualification asked the candidates for filling the Application form was 12th.But now, almost all Banking Exams stand on Graduation base.The candidates who are really interested in serving the fastest growing economy are suggested to inhale every word of this Article to insert flying colors in their career’s hat.


  Banking Sector-Choose it for Better Future Ahead

The candidates can get entry into banking Sector through many ways.We will discuss it in detail.The very first and basic department which is devoted to recruiting the most eligible bachelors in the Banking Sector is Institute of Banking Personnel Selection which is also famous among aspirants as IBPS.The department held the Exams for recruiting the applicants in 20 major Public Sector Banks at different posts such as Probationary Officer, Specialist Officer, and Clerks.The department is well known for providing the every possible facility for the convenience of the candidates i.e, providing the Exam Center to the nearest, declaring the Result by time, making recruitment within 6 months of the declaration of official notification etc.

Growth & Career Opportunities in Banking Sector

The other method of getting entry into the most prestigious Bank i.e., SBI is preparing for different exams conducted by it at regular intervals.The Bank also recruit the candidates at different posts.Recently also,the bank has invites online Application Form from the graduates for recruiting them at the post of Probationary Officers.The candidates who had done B.Tech also deserve a special post In IBPS i.e., of I.T Officer.

Banks and Possibilities

The same is applicable for the Agriculture candidates too.So the candidates who really want to join this field are advised to keep visiting the official website of all the department responsible for this recruitment.We will also inform the candidates with every possible update.So the candidates can also refer this website for all the details.In case, any candidate wants to know more about the Banking Sector and its growth, he/she should write down to us in the comment box provided below for this purpose.Our experienced team will assist you in the best possible manner.

This Opportunity is not possible in other places. For example,

• RBI Grade “B” officer: Can’t become the governor. That post is reserved for IAS/Exceptionally talented economists such as Raghuram Rajan.
• State services (Class I , Class II): The home Secretary, chief Secretary, DGP = reserved for IAS, IPS are selected.
• Private sector banks: You’ll need a degree in finance/MBA from a highly reputed institute + long work EXP. + right contacts, if you want to become CEO/MD/Chairman.
• SSC-CGL: You join as an Income tax inspector, later promotion to group-A but you can never become Finance Secretary to government of India. That post is reserved for IAS.
• ACIO: you get promotion to Group A, but you can never become DG (Intelligence). Again reserved for IPS.

In other government services, sometimes they ignore you for promotion if you’re too honest/don’t pay the cash to minister. Especially in state services. Banking sector doesn’t have that problem. And even if you’re overlooked for promotion, you always have the opportunity to join private sector bank/consultancy for a decent salary.

• Even if you can’t become MD/CMD, still in the top-management position you’ll get fat salary package and fringe benefits.
• Even after retirement, one can get very high paying jobs in private sector, insurance, finance, NBFC etc. in top positions.
• Privileges attached to PSU Bank officers: Housing, auto loans at much cheaper rates from the cooperative society/festival allowance/ furniture allowance/Newspaper allowance/ Maid allowance, even money to buy suitcase etc. (varies from bank to bank)