WELCOME TO THE SESSION

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WELCOME TO THE SESSIONSECURE YOUR FUTURE WITH
A BANKING CAREERBYBHUSHAN BHATIAAN EMINENT
TRAINER AN EXPERIENCED BANKER
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ABOUT THE TRAINER

• Bhushan Bhatia -an Eminent Banker and reputed
  trainer with a nationalized bank in India.
• Qualifications MBA(HR), MA (Eng), LLB(Prof),
  CAIIB, PGDCA and holds Diplomas in Bank
  Management, Industrial Relations.
• Undergone Trainings IMPACT- Train the Trainers
  by University of Auckland, Six-Sigma by National
  Productivity Council.
• Experience More than 24 years experience as a
  Banker and Trainer.
• Core areas of working are HR, Training, Credit,
  Forex and CBS.
• Current Position Working as a Senior Faculty in
  the Regional Staff College of a Nationalized bank
  in India.

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CONTENTS OF THE SESSION

• Concept and History of Banking.
• Present Banking Scenario and new Dimensions in
  Banking sector.
• Why to opt for a Banking Career?
• Scope of a banking career.
• Different positions for entry in banks.
• Qualifications required for entry at different
  levels.
• How to prepare for the exam/ Interview.
• Querries by the participants.
• Concluding the session.

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BANKS AND BANKING

• Banks are institutions that take care of the
  money of individuals and corporates, provide
  loans to people for business or personal use.
  They also offer a wide range of services like
  exchange of foreign currency, Investment Banking,
  Mutual Funds, Insurance Business, D-mat services,
  Online trading of shares, providing public
  utility services like e-tickets, payment of
  bills, educative services etc.

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Beginning of Accounting Systems

• Kautilya, in 330 B.C. recognised the importance
  of accounting methods in economic enterprises. He
  developed Book-keeping rules to record and
  classify economic data. He also linked the
  successful enforcement of rules and regulations
  to their clarity, consistency and completeness.
  He also emphasised the role of ethics in the
  economic activities.

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Stages in History of Banking in india

• History of Banking has been divided into
• Stages like
• Pre-independence stage
• Post Independence stage
• Nationalisation of Banks
• Introduction of Financial Sector Reforms
• IT revolution in Banks

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History of Banking in India

• There were three oldest Banks
• Bank of Bengal
• Bank of Bombay
• Bank of Madras
• These banks were called Presidency Banks.
• They merged in 1925 to form the Imperial Bank of
  India, which after independence became State Bank
  of India.
• Reserve Bank of India came into existence in 1935
  which took the responsibility of regulating
  Banking sector as Central Bank in India.

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Banking Scenario after Independence

• In 1948, the Reserve Bank of India was
  nationalized, and it became an institution owned
  by the Government of India.
• In 1949, the Banking Regulation Act was enacted
  which empowered the Reserve Bank of India (RBI)
  "to regulate, control, and inspect the banks in
  India."

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Nationalisation of Banks

• On July 19, 1969, 14 major banks were
  nationalised.
• On April 15, 1980 another 6 banks were
  nationalised.
• With the nationalisation, the banking in India
  shifted from Class banking to Mass Banking

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Liberalisation

• In the early 1990s the Govt embarked on a policy
  of liberalisation and gave licences to a small
  number of private banks, which came to be known
  as New Generation tech-savvy banks like Global
  Trust Bank, UTI Bank(now re-named as Axis Bank),
  ICICI Bank and HDFC Bank.

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Current Banking Scenario

• Currently, India has 81 scheduled commercial
  banks (SCBs) 28 (19 Nationalised banks 8 SBI
  Group 1 IDBI), 29 Foreign banks and 24 Private
  banks.
• They have a combined network of over 53,000
  branches and 17,000 ATMs.
• The public sector banks hold over 75 percent of
  total assets of the banking industry, with the
  private and foreign banks holding 18 and 7
  respectively.

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Scope of Career in Banks

• A career in the banks has always been a
  sought-after one. Fascination with banking
  services has never been higher than at present.
  With the advent of private and foreign banks, the
  interest of youth in joining banks has only
  increased further. Another notable factor has
  also been the pay package which has fattened
  considerably with the coming of these banks.

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Opportunities

• As the industry is growing there is no dearth of
  opportunities. In nationalized banks, one can
  expect regular promotions while in private banks
  it is performance that is rewarded.
• As financial services get automated, the industry
  requires a large number of computer experts.

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Career in Banking-Positions for Entry

• Openings are available at various levels from
  bank clerks to probationary officers (PO), IT
  Officers. There is good scope for professionals
  like MBAs, CAs for Direct entry as Manager, Sr
  Manager. There is scope for Technical posts like
  Agriculture Officers, Industry Officers, Law
  Officers, Hindi Officers and Economic Officers.

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Qualifications for Banking Jobs

• For Clerical Jobs
• Minimum Qualifications are 102 with marks 50
  and above or Graduation.
• Age 18 yrs to 28 years.
• For Probationary Officers
• Minimum Qualifications are Graduation with marks
  55 and above.
• Age 21 yrs to 30 years.

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Features of Banking Jobs

• The best features of the job are security, good
  perks and salary, besides the prospects of loans
  for employees. There is good scope for
  promotions. The good thing for the job-seekers in
  this field are that demand for trained
  professionals has increased substantially. The
  latter is true for private banks, which offer
  better salaries but correspondingly less job
  security.

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Job Requirements

• Bank jobs come with responsibility, as the banker
  handles other people's money. The person must be
  service-oriented and like to look after
  customers.
• Assess your aptitude before joining a career in
  banking. The personality required is a mix for
  marketing and meeting customers an outgoing
  personality is required, while for keeping
  accounts a diligent and persevering attitude is
  required.

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Environment in Banks

• One reason to be excited about banking as a
  career is the rapid change taking place. The jobs
  are becoming comfortable, as the physical
  environment is pleasing and computerisation has
  taken the load off tedious jobs. As competition
  increases, a good banker will certainly be in
  great demand.

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Source of information about jobs

• The advertisements for recruitment appear on
  website of respective banks, in newspapers as
  well as www.atozinbanking.com which is a
  dedicated website for Bankers and aspiring
  bankers.

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Subjects for Banking Exams

• Recruitments are on the basis of a written test,
  including General Awareness, Test of reasoning,
  Quantitative Aptitude, English language, IT
  Terminology, Concepts of Marketing and/or a
  descriptive test.

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Preparation for interview

• After the written examination, the short-listed
  candidates are called for an interview. General
  questions are asked to check the candidate's
  general awareness and relevant issues related to
  Economy.
• Interview focuses on the candidates aptitude on
  Decision Making, Risk Taking, Marketing,
  Knowledge of Computer and Aptitude for accepting
  Challenges.

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Position of Openings in Banks

• During Current year Banking System is likely to
  offer employment to about 1.20 lac people out of
  which SBI has already declared openings for 20000
  clerks, 3500 POs, 150 Technical Officers. Other
  banks have also offered similar positions in
  addition to regular recruitments by Private and
  Foreign Banks.

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Contact Information about the Trainer

• bhushan301_at_yahoo.co.in
• 91 9876756600 (Mobile)
• 91 172 4622020 (Landline)

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• THANK YOU