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Government Bank Jobs

Bank Jobs 2020| Latest Govt Bank Job | SBI Recruitment Updates

Get Information about all the latest Bank Jobs here. We will post all the latest updates for SBI Recruitment, NABARD and various govt bank jobs here as soon as it gets released by various Government Organisations of India. You will get all the required information from this page.

Latest Bank Jobs | Govt Bank Jobs & SBI Recruitment Updates

Banking - Organizations

About Govt Banks In India

Public Sector Banks In India

Public Sector Banks (PSBs) are a major type of bank in India, where a majority stake (i.e. more than 50%) is held by the government.

There are a total of 12 Public Sector Banks in India :

  1. State Bank of India 
  2. Bank of Baroda
  3. Union Bank of India 
  4. Punjab National Bank 
  5. Canara Bank 
  6. Punjab & Sind Bank 
  7. Indian Bank
  8. Bank of Maharashtra 
  9. Bank of India 
  10. Central Bank of India
  11.  Indian Overseas Bank 
  12. UCO Bank

The Reserve Bank of India (RBI) is India’s central bank, which is the regulator of the entire Banking in India.

The Institute of Banking Personnel Selection (IBPS) is a recruitment body which recruits and helps in placement of young graduates in public sector banks in India.

Career In Govt Banking Sector

Banks are seen as the foundation of the country’s economy for a developing country such as India. The banking sector in India is growing at a fast pace and is one of the fastest growing industrial sectors. The significant advancement and growth in the banking sector has paved the way for many career opportunities in banking. All of this brings enormous career opportunities for those aspiring to become future bankers.

The banking sector provides an excellent opportunity for beginners to develop an understanding of  the global economy. It paves the way for different marketplace challenges to be identified and offers tremendous opportunities globally.

There are different positions available in the banking sector, but the two main ones being considered are Clerks and Probationary Officers (P.O.)/Management Trainees (M.T.).

How to get Govt Bank Jobs in India ?

Generally, In Public Sector Banks, Graduates & Post Graduates are selected through Entrance Exams conducted by Govt Banking Organizations Of India.

Below are the different banking organizations which conducts Banking Examinations  :

  • IBPS - Institute of Banking Personnel Selection
  • SBI - State Bank Of India
  • RBI - Reserve Bank Of India
  • NABARD - National Bank for Agriculture and Rural Development
  • IPPB - India Post Payments Bank

List of Exams conducted by IBPS :

  1. IBPS PO Exam - Officially known as IBPS CWE(Common Written Examination) which selects candidates for the post of Probationary Officers.
  2. IBPS SO Exam - Selects candidates for recruiting Specialist Officers.
  3. IBPS Clerk Exam - Selects candidates for recruiting Clerks.
  4. IBPS RRB Exam - Selects candidates for various smaller banks serving Rural Areas across India.

List of Exams conducted by SBI:

  1. SBI PO Exam - Recruits candidates for the management cadre of SBI.
  2. SBI SO Exam - Recruits Specialist Officers of SBI.
  3. SBI Clerk Exam - Recruits Junior Associates for the clerical posts of SBI.

List of Exams conducted by RBI:

  1. RBI Officer Grade B Exam - Recruits mid-senior level officers ,General & Specialist cadres of the RBI.
  2. RBI Assistant Exam - Recruits candidates for the post of Assistants in various branches and sub-Officer of RBI.

List of Exams conducted by NABARD & IPPB :

  1. NABARD Exam - Recruits recruits Assistant Managers for various operations.
  2. IPPB Exam - Recruits Higher Management for IPPB under the Department of Posts.
What are the type of jobs available in the Banking Sector ?
  • Clerks
  • Probationary Officers (P.O.)/Management Trainees (M.T.).
  • Specialist Officers
  • Investment Bankers
  • RBI Officers
  • Managers / Asst. Managers
  • Loan Officers
  • Auditors
  • Branch Manager
  • Bank Teller
  • Bank Examiner
  • DPO - Data Processing Officer

 

What is the Qualification needed for Govt Bank Jobs in India ?

Minimum qualification for Banking Jobs is :

  • For Clerks - 12th Standard with a minimum of 60% Marks.
  • For PO(Probationary Officer) - Graduation degree from a recognized University/Institute.

A Graduate can apply mainly for two position for Banking Job :

  1. Clerk Jobs - This includes clerk-cum-cashier, typist, stenographer, agricultural clerks, data entry operators and telephone operators.
  2. PO-Probationary Officers - For the job of PO, the selected candidates will be under probation period and upon the end of the probation period the candidate is given the job position as per his/her performance during the training period.
What is the salary of Clerks and PO in Public Sector Banks ?
  • For Clerks - Average Salary is 1,40,000/- per annum for the Entry Level Clerks.
  • For PO - Average Salary is 2,00,000/- + Allowances.