Business & Finance Careers & Employment

Join Indian Banking Industry For Better Career Prospects

Bank jobs have always been a center of attraction for young aspirants willing to accomplish a successful career in banking sector. Good pay, job security and supplementary benefits serves a better growth prospects and this is the leading cause why competition in banking industry has taken a viable turn. Though, career in public-sector or private bank sounds good to young aspirants but, it didn't hold that position in contemporary age. At present, bank jobs give equal opportunity to graduates of different streams. India is among the rapidly growing economies of world when it comes to banking industry with a significant growth rate of 8 to 10 percent per year.

Career In Banking Industry

Recruitment in Public-sector banks has gone through a considerable change in past few years. Banks have now framed a set of rules for different for newbie such as minimum service term, bond and probation. Today, banks have entered in almost every financial sector including home loans, personal loans, credit card, mutual funds and other forex activities. With each activity regulated by "Reserve Bank of India", all the public sector banks have witnessed a great progress in limited tenure. RBI acts as governing body of all the banks and this further bring about great stability in Indian Banking Industry.

Role Of IBPS In Banking Industry

Career is Indian banks is irrefutably a dream of thousands of people in India not only because it proffers secure job but also put forth better growth prospects. Few years back, IBPS entered into banking sector as a controlling body of recruitment process in public sector bank. IBSP conducts CWE (Common Written Examination) for eligible candidates applying for different cadres like Bank PO, SO or Clerk. IBPS has been an active part of Indian banking industry since its establishment in 1975. At present, 20 public sector banks work with IBPS to single out deserving candidate for the vacant posts. Moreover, IBPS has mandate the consideration of IBPS score to invite applications from suitable candidates for different cadres.

Eligibility Criteria

To pursue a thriving career in banking sector, a candidate must be a graduate from any recognized University or qualification equivalent to graduation. Besides this, minimum age of the candidate must be 21 years old with maximum age of 30 years. For Clerical cadre, a candidate must be in the age group 18 years to 28 years with minimum 60% marks in matriculation and 50% marks in High School. With the influx of technical era, banks give candidates an opportunity to apply online on its database for bank jobs. Moreover, you can also pay your application fee only and can complete entire registration procedure in few minutes. Good thing is that online recruitment procedure concludes complete selection process in comparatively less tenure.
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