Career Prospects in Public sector Banks: Public Sector Banks are growing extensively and are coming up with whopping recruitment project. Every year they may be hiring 40,000-50000 Officers and 60,000-70000 clerks. PSBs is booming in the job market because of two specific reasons- Expansion of business in the banking industry as they are opening up new branches across the country. Banking employees will be retired in the upcoming 5-6 years. In order to fill these gaps, it was figured that around 100,000 plus vacancies would be coming forth in the next year across the banking industry. Reason behind opting for Public sector bank Public sector bank is the right choice for the youngsters because of two reasons- PSBs banks pays good remuneration as it ranges from Rs 3 to 4 lakh per annum. Getting promotion in banks is very much feasible. Skills required for becoming a banker. One must possess good interpersonal skills in order to deal with the customers. One must have an ardent urge to play the role of good team player. one must be good listener. one must be polite. One must have the ability of fast learning in order to interpret the new banking products. One must have the flexibility for relocation., Diligence & good judgment power are the main traits of a good banker. Creativity, right decision-making skills, and thorough knowledge of different business are the main attributes of a Banker. One must update oneself with the RBI’s latest rules & regulations along with various banking transactions, bank and the economy in general. promotional scope; There are seven scales in officer cadre: scale 1-officer/Asstt Manager. scale2-Manager. scale3-Senior Manager. scale 4- Chief Manager. scale 5- Asst. General Manager. scale 6- Deputy General Manager. scale 7- General Manager. These days it take 2-3 years to move from one scale to another , in other words one can reach scale seven in 13-15 years of service. Next positions are CMD And ED, These are selected by govt of India from GENERAL MANAGERS OF ALL BANKS. BANKING IS HIGHLY REWARDING CAREER.
Posted on: Sun, 10 Aug 2014 16:47:36 +0000