8 Things You Should Know About the Bank Jobs

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8 Things People Should Know About the Bank Jobs
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INTRODUCTION
Time changes, so as the rules. With the recent
mergers in banking sector and launches of many
new rural banks, most of the banks are going to
recruit candidates in coming years. There will be
huge career opportunities in banking sector.
Therefore, you need to know something extra
about the banking sector and opportunities in
Banks in 2017.
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• Here is the 8 things that you need to know while
  preparing for the Bank Jobs in 2017-18
• Divisions in Banking Sector
• Opportunities from a Bank Job
• Future Scope in Bank Jobs
• New Initiatives by Banks to Build Employment
• Ever Expanding Sector
• What more to Expect from Banking Sector
• Common Entrance Test to get a Bank Job
• New Opportunities in Banking 2017

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DIVISIONS IN BANKING SECTOR

• The banking sector is divided into three sectors,
  
• Public
• Private
• Foreign
• Public Sector Banks are known to be the stepping
  stones into the complete banking industry.
• Private Sector Banks are more advanced and uses
  different technology for better offerings.
• Foreign Banks are known to be most sought-after
  because they offer attractive job profiles,
  salary packages, and opportunities.

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OPPORTUNITIES FROM A BANK JOB
In coming five to ten years, you can see many job
vacancies in banking sector. Banking sector has
emerged as one of the top job creators. There is
a very bright future in banking industry. The
short-term lending business and emergence of
technology-driven private banks carried out by
financial institutions will create great demands
for professionals.
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FUTURE SCOPE IN BANK JOBS
Banking is one of the most exciting industry in
current times. Global banking practices are
growing vary fast and the way technology is
changing the banking is also changing and for
employees, its open-handed opportunities to mug
up a lot of things. Foreign banks are making
more efforts for making their presence in the
country. Foreign banks are large in size and also
technologically more developed and advanced. They
are providing more career opportunities to large
number of job seekers and also making beneficial
to Indian traders in terms of better options and
services.
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INITIATIVES BY BANK TO BUILD EMPLOYMENT

• The recent merger of State Bank of Bikaner, State
  Bank of Hyderabad, Travancore, Jaipur, and
  Bhartiya Mahila Bank in State Bank of India has
  led to increased number of employment in this
  sector.
• They are hiring not only the experienced
  candidates, but also graduates from college.
• They are also building the bridging the gap
  between the rich and the poor through their
  financial inclusion as a social responsibility
  and creating business opportunities.
• The introduction of government schemes such as
  Pradhan Mantri Han Dhan Yojna have taken the
  banking services to rural areas in India.

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EVER EXPANDING SECTOR
The services under banking sector is expanding
greatly due to the emergence of technology-driven
private banks. This is also helping in creating
greater demand for professionals. Also, the
introduction of banking into rural areas will
create the potential to boost the growth and
profitability.
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EXPECTATION FROM BANKING SECTOR

• The new technology advanced banking sector
  requires different methods and means of
  management. Lets have a look on that,
• Clerk These are the employees who are in direct
  contact with customers as they accept deposits,
  handle customer service issues etc.
• Probationary Officer It is the initial level in
  banking sector.
• Assistant Manager They oversees the working of a
  small branch of the bank or the entire bank. They
  take care the accounts of business and individual
  customers.
• Loan/Credit Officers They manages the business
  loans or creation of transactional accounts.
• Insurance Bankers They handle the task of
  selling annuities, health insurance, life
  insurance policies, etc.

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• Insurance Bankers They take care the task of
  selling life insurance, annuities, health
  insurance policies.
• Auditors Their task is to check clerical errors
  or finding fraud. This job is highly required in
  the banking sector.
• Investment Bankers This is one of the best posts
  under banking sector. Their job has a huge demand
  as an associate and analyst.
• Specialist Officer They perform different tasks
  in different departments, such as Public
  Relations, Marketing, Human Resources, etc. The
  task of SO depends on their educational
  qualification.

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COMMON ENTRANCE TEST (CET) TO GET A BANK JOB
The entire banking sector uses the recruitment
process centralized by the Institute of Banking
Personnel Selection (IBPS). They conduct a common
entrance test across the country to recruit
eligible aspirants for various job roles for
banks. After qualifying the Common Entrance Test
(CET), they go through various recruitment
process in different scheduled as well as
nationalized banks.
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NEW OPPORTUNITIES IN BANKING 2017
Apply for the various job role for various banks
through the link provided. Also check the Latest
Bank Jobs Notification here https//www.recruitme
nt.guru/bank-jobs/
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