WELCOME TO THE SESSIONWELCOME TO THE SESSION

“SECURE YOUR “SECURE YOUR FUTURE WITH A FUTURE WITH A

BANKING CAREER”BANKING CAREER”

BY:BY:

BHUSHAN BHATIABHUSHAN BHATIAAN EMINENT TRAINER AN EMINENT TRAINER

& AN EXPERIENCED BANKER& AN EXPERIENCED BANKER

ABOUT THE TRAINERABOUT THE TRAINER

Bhushan Bhatia -an Eminent Banker and reputed Bhushan Bhatia -an Eminent Banker and reputed trainer with a nationalized bank in India. trainer with a nationalized bank in India.

Qualifications: MBA(HR), MA (Eng), LLB(Prof), Qualifications: MBA(HR), MA (Eng), LLB(Prof), CAIIB, PGDCA and holds Diplomas in Bank CAIIB, PGDCA and holds Diplomas in Bank Management, Industrial Relations. Management, Industrial Relations.

Undergone Trainings: IMPACT- Train the Trainers Undergone Trainings: IMPACT- Train the Trainers by University of Auckland, Six-Sigma by National by University of Auckland, Six-Sigma by National Productivity Council. Productivity Council.

Experience: More than 24 years experience as a Experience: More than 24 years experience as a Banker and Trainer. Banker and Trainer.

Core areas of working are HR, Training, Credit, Core areas of working are HR, Training, Credit, Forex and CBS. Forex and CBS.

Current Position: Working as a Senior Faculty in Current Position: Working as a Senior Faculty in the Regional Staff College of a Nationalized bank the Regional Staff College of a Nationalized bank in India. in India.

CONTENTS OF THE CONTENTS OF THE SESSIONSESSION Concept and History of Banking.Concept and History of Banking. Present Banking Scenario and new Present Banking Scenario and new

Dimensions in Banking sector.Dimensions in Banking sector. Why to opt for a Banking Career?Why to opt for a Banking Career? Scope of a banking career.Scope of a banking career. Different positions for entry in banks.Different positions for entry in banks. Qualifications required for entry at Qualifications required for entry at

different levels.different levels. How to prepare for the exam/ Interview.How to prepare for the exam/ Interview. Querries by the participants.Querries by the participants. Concluding the session.Concluding the session.

BANKS AND BANKINGBANKS AND BANKING

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

Beginning of Accounting Beginning of Accounting

SystemsSystems

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

Stages in History of Banking in Stages in History of Banking in indiaindia

History of Banking has been divided intoHistory of Banking has been divided into

Stages like:Stages like: Pre-independence stagePre-independence stage Post Independence stagePost Independence stage Nationalisation of BanksNationalisation of Banks Introduction of Financial Sector Introduction of Financial Sector

ReformsReforms IT revolution in BanksIT revolution in Banks

History of Banking in IndiaHistory of Banking in India

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

In 1948, the Reserve Bank of India was In 1948, the Reserve Bank of India was nationalized, and it became an nationalized, and it became an institution owned by the Government of institution owned by the Government of India. India.

In 1949, the Banking Regulation Act In 1949, the Banking Regulation Act was enacted which empowered the was enacted which empowered the Reserve Bank of India (RBI) "to Reserve Bank of India (RBI) "to regulate, control, and inspect the banks regulate, control, and inspect the banks in India." in India."

Banking Scenario after Banking Scenario after IndependenceIndependence

Nationalisation of Nationalisation of BanksBanks

On July 19, 1969, 14 major banks On July 19, 1969, 14 major banks were nationalised.were nationalised.

On April 15, 1980 another 6 On April 15, 1980 another 6 banks were nationalised.banks were nationalised.

With the nationalisation, the With the nationalisation, the banking in India shifted from banking in India shifted from ‘Class’ banking to ‘Mass’ Banking‘Class’ banking to ‘Mass’ Banking

LiberalisationLiberalisation

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

Current Banking Current Banking ScenarioScenario

Currently, India has 81 scheduled Currently, India has 81 scheduled commercial banks (SCBs) – 28 (19 commercial banks (SCBs) – 28 (19 Nationalised banks + 8 SBI Group + 1 Nationalised banks + 8 SBI Group + 1 IDBI), 29 Foreign banks and 24 Private IDBI), 29 Foreign banks and 24 Private banks. banks.

They have a combined network of over They have a combined network of over 53,000 branches and 17,000 ATMs. 53,000 branches and 17,000 ATMs.

The public sector banks hold over 75 The public sector banks hold over 75 percent of total assets of the banking percent of total assets of the banking industry, with the private and foreign industry, with the private and foreign banks holding 18% and 7% respectively.banks holding 18% and 7% respectively.

Scope of Career in Scope of Career in BanksBanks

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

As the industry is growing there is no As the industry is growing there is no dearth of opportunities. In dearth of opportunities. In nationalized banks, one can expect nationalized banks, one can expect regular promotions while in private regular promotions while in private banks it is performance that is banks it is performance that is rewarded. rewarded.

As financial services get automated, As financial services get automated, the industry requires a large number the industry requires a large number of computer experts. of computer experts.

OpportunitiesOpportunities

Career in Banking-Positions for Career in Banking-Positions for EntryEntry

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

Qualifications for Banking Qualifications for Banking JobsJobs

For Clerical Jobs: For Clerical Jobs: Minimum Qualifications are 10+2 with Minimum Qualifications are 10+2 with

marks 50% and above or Graduation.marks 50% and above or Graduation. Age 18 yrs to 28 years.Age 18 yrs to 28 years.

For Probationary OfficersFor Probationary Officers Minimum Qualifications are Graduation Minimum Qualifications are Graduation

with marks 55% and above.with marks 55% and above. Age 21 yrs to 30 years. Age 21 yrs to 30 years.

Features of Banking Features of Banking JobsJobs

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

Job RequirementsJob Requirements

Bank jobs come with responsibility, as the Bank jobs come with responsibility, as the banker handles other people's money. banker handles other people's money. The person must be service-oriented and The person must be service-oriented and like to look after customers. like to look after customers.

Assess your aptitude before joining a Assess your aptitude before joining a career in banking. The personality career in banking. The personality required is a mix: for marketing and required is a mix: for marketing and meeting customers an outgoing meeting customers an outgoing personality is required, while for keeping personality is required, while for keeping accounts a diligent and persevering accounts a diligent and persevering attitude is required. attitude is required.

Environment in BanksEnvironment in Banks

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

Source of information about jobsSource of information about jobs

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

Subjects for Banking ExamsSubjects for Banking Exams

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

After the written examination, the short-After the written examination, the short-listed candidates are called for an listed candidates are called for an interview. General questions are asked to interview. General questions are asked to check the candidate's general awareness check the candidate's general awareness and relevant issues related to Economy. and relevant issues related to Economy.

Interview focuses on the candidates Interview focuses on the candidates aptitude on Decision Making, Risk Taking, aptitude on Decision Making, Risk Taking, Marketing, Knowledge of Computer and Marketing, Knowledge of Computer and Aptitude for accepting Challenges.Aptitude for accepting Challenges.

Preparation for interviewPreparation for interview

Position of Openings in BanksPosition of Openings in Banks

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

Contact Information Contact Information about the Trainerabout the Trainer

bhushan301@yahoo.co.inbhushan301@yahoo.co.in

+91 9876756600 (Mobile)+91 9876756600 (Mobile)

+91 172 4622020 (Landline)+91 172 4622020 (Landline)

THANK YOUTHANK YOU