All you need to know about Banking Exams & Bank Coaching Center
Banking sector is one of the leading sectors in India in terms of providing better employment opportunities. Indian banking industry has witnessed the development of innovative banking models like payments and small finance banks. The new measures led by RBI may go a long way in restructuring of the domestic banking industry. Banking Exams have become a great way to explore your strengths in a productive manner and Kautilya Academy has become lead the path to that success.
Achieving a high placement in reputed bank is a dream of many Indian youths. Every year lakhs of aspirants apply as per the number of vacancies released by the banks. With the introduction of the notification, the bank coaching centers start attracting students.
The banking sector is considered to be one of the largest employments generating sectors in India. Apart from providing good salary, job security and facilities, banks provide several other benefits to their employees. Kautilya Academy is the best coaching center for the Banking Examinations with topmost selections ever year.
Leading banks such as RBI, SBI, NABARD hold separate competitive exams for recruitment of employees every year. Besides, recruitment in many other public banks is conducted by the institute of Banking personnel selection. IBPS recruits candidates for assistant/clerk grade and officer grade by conducting separate competitive exams. IBPS also conducts exams for different RRBs.
Before moving further you must know that As per the latest guidelines, the Government has approved the National Recruitment Agency (NRA) to conduct a Common Eligibility Test (CET) for SSC, RRB and IBPS recruitment.
Kautilya Academy is providing here for you a list of some important banking exams and their eligibility criteria.
1. IBPS PO exam
The banking industry is one of the most desirable career options among youths in the country. Every year lakhs of candidates appear in the various banking exams and one among them is IBPS PO. The exam is conducted by the Institute of Banking Personnel Selection (IBPS) for recruitment to the post of Probationary Officers/Management Trainee (PO/MT).
IBPS is an autonomous body registered under societies registration act 1860 and also an associate member of Indian Banks’ Association (IBA).
Philosophy – Speed, and Accuracy
IBPS provides services to all Public sector banks, SBI and its associates, RBI, SIDBI, NABARD, some co-operative banks, LIC and insurance companies.
With the release of official notifications for the position of Probationary Officers and Regional Rural Bank recruitment, IBPS recruitment 2020 for the various posts has already started. The exam is conducted annually at the national level. Candidate needs to register online for the common recruitment process (CRP) conducted by IBPS. The minimum educational qualification for CRP is graduation. The exam has been conducted in three phases, prelims, mains and personal interview.
2. IBPS Clerk exam
IBPS conducts a Common Recruitment Process (CRP) to select candidates for the clerical posts in total of 11 public sector banks. The exam is conducted in online mode. Graduates in any discipline can apply for the given posts. IBPS clerk exam is conducted in two phases viz. prelims and mains. The number of participating banks has been reduced from 17 to 11 due to the merger of several banks.
The number of vacancies have been plunged
by 87% this year compared to last year.
Time Criteria : Prelims: 60 minutes
Mains: 160 minutes
Age Criteria :
Candidates between 20-28
years are eligible for IBPS Clerk
Relaxation has been provided in the upper
age limit for the reserved categories.
3. IBPS RRB
IBPS also holds a Common Recruitment Process (CRP) for different RRBs for recruitment of Group A - Officers (Scale I, II & III) and Group B - Office Assistant (Multipurpose). Minimum educational qualification is graduation, but it varies with the posts. For Officers Scale II & III, there is only single exam. Apart from English and Hindi, the exam will also be conducted in regional languages.
Officers Scale I: Preliminary, Mains and
Interview
Office Assistant: Preliminary and Mains
For Officers Scale II and III: There is only a
Single level exam and Interview.
Age Limit - The age criteria for Office
Assistant and Officer Scale I posts is 18 to
28 years. The age criteria for candidates
applying for Officer Scale-II and III posts
should be between 21 to 40 years.
Recruitment is being carried out for the following Group A and B posts.
● Office Assistant
● Treasury Manager
● Banking Officer Scale-II
● Law Officer (Grade-II)
● IT Officer (Grade-II)
● Marketing Manager
● Officers Scale I
● Agriculture Officer (Grade-II)
● Chartered Accountant (Grade-II)
● Officer (Grade III)
4. IBPS SO
IBPS conducts recruitment for Specialist officers (SO) for distinct categories such as IT Officer (Scale I), Agricultural Field Officer (Scale I), Raj bhasha Adhikari (Scale I), HR/Personnel Officer (Scale I), Law Officer (Scale I), and Marketing Officer (Scale I). Online applications are filled every year for 17 participatory banks. The selection process comprises of three stages viz. preliminary exam, mains exam and interview.
IBPS SO 2020 Posts
Basic Educational qualifications for IBPS SO 2020
IT Officer (Scale I)
BTech in Computer Science/ Applications, IT, Electronics, Electronics & Telecommunications, Electronics & Communication or Electronics & Instrumentation Or Master's degree in the above-mentioned field Or Graduate who has passed DOEACC ‘B’ level
Agricultural Field Officer (Scale I)
4-year degree (graduation) in Agriculture, Horticulture, Food Technology, Agricultural Engineering or corresponding fields.
Rajbhasha Adhikari (Scale I)
Master's degree in Hindi with English as a subject at the graduation level Or, Master's degree in Sanskrit with English and Hindi as subjects at the graduation level
Law Officer (Scale I)
Persued Bachelor’s degree in law (LLB) (The candidate should be enrolled as an advocate in the Bar Council)
HR or Personnel Officer (Scale I)
Graduation with 2-years full-time PG degree / diploma in Personnel Management, Industrial Relations, HR, HRD, Social Work or Labour Law.
Marketing Officer (Scale I)
Graduation with a 2-year full-time degree in MMS (Marketing), MBA (Marketing), PGDBA, PGDBM, PGPM or PGDM with a specialization in Marketing.
Nationality/Citizenship:
An aspirant must be holding Indian citizenship or be a citizen of Nepal/ Bhutan. Apart from that, candidates who are Tibetan Refugees and setteled to India before January 1, 1962, are also eligible. Besides, those who are Indian by origin and migrated from Pakistan/ Burma/ Sri Lanka/ the United Republic of Tanzania/Kenya/ Ethiopia / Uganda/ Zambia/ Malawi/ Zaire / Vietnam to India forever are also eligible to appear for the exam. Age Limit: 20 - 30 years as on November 1,
20206.
5. SBI clerk
SBI also conducts exam for the recruitment of Junior Associates (Customer Support & Sales). Minimum education qualification is graduation. The Selection process comprises of preliminary and mains exam. Along with, a regional language test is also conducted for the candidates who qualifies mains exam. Candidates should be a minimum of 20 years and a maximum of 28 years in age as on January 1, 2020.
Age relaxation
● SC/ST – 5 years
● OBC – 3 years
● PWD (Gen) – 10 years
● PWD (SC/ST)- 15 years
● PWD (OBC)- 13 years
Exam Syllabus
Preliminary exam - English Language,
Numerical Ability and Reasoning Ability,
Mains exam - General/ Financial Awareness,
General English, Quantitative Aptitude and
Reasoning Ability Computer Aptitude
6. SBI PO
SBI PO exam is being held for the recruitment of probationary officers in State Bank of India (SBI). A minimum bachelor’s degree is required to apply for the posts. Recruitment process involves three stages, written exam (prelims and mains), group discussion (GD) and personal interview.
A candidate who qualifies both the Prelims & Mains Exam of SBI PO 2020 will be further called for a GD-PI session where they will face a panel of selectors discussing on their past experience and questions related to GK and of the Banking Sector. The marks allotted to these rounds are:
Group Discussion - 20 marks, Interview - 30 marks
Age Criteria
Candidates between 21 to 30 years can
apply. Relaxation criteria is same as in SBI
clerk.
7. SBI SO
State Bank of India conducts online exam for several specialist officer (SO) posts, on the other hand for several other posts SBI recruits’ candidates through direct recruitment. The exam is conducted for different categories such as Developer, Test Lead and Tester, Assistant Manager (System), Manager and Assistant Manager (Technician), Technology Relationship Manager (Tech. RMs). SBI SO eligibility for different posts varies with the varied nature of posts.
8. RBI Assistant
RBI conducts a national level exam for the recruitment of assistant every year. RBI assistant exam is conducted in two phases, preliminary and mains exam. Candidates with 50% marks in their graduation in any discipline can apply for the posts.
Eligibility - up to 28 years of age
9. RBI Grade B
RBI Grade B exam is conducted for the post of Officers in Grade B (DR) for General, DSIM, and DEPR. RBI conducts a national level competitive examination, that holds Online examinations (Phase I and II) and Interview. An Indian citizen, between 21 and 30 years of age and with a minimum graduate degree can apply for these posts.
10. Canara Bank PO
Canara Bank PO exam is conducted to recruit candidates in Junior Grade Scale I cadre. Prerequisite for appearing in this exam is Post Graduation Diploma in Banking & Finance (PGDBF) from Manipal Global Education Services Pvt. Ltd. or NITTE Education International Pvt. Ltd. Canara Bank conducts online examination as a part of the selection process followed by Group Discussion and Personnel Interview session.
11. NABARD Recruitment
NABARD has come into existence on 12th July 1982 by transferring the agricultural credit functions of RBI and refinance functions of the then Agricultural Refinance and Development Corporation (ARDC). It aims to promote sustainable and equitable agriculture and rural development through participative financial and non-financial interventions, innovations, technology and institutional development for securing prosperity. NABARD conducts online exam for NABARD Grade A, NABARD Grade B and NABARD Grade C cadre. Online examination is held for all three levels. Eligibility and selection process are different for different groups.
12. IDBI bank executive Recruitment
IDBI bank holds online examination for the recruitment of executives. Candidates between 20 and 25 years of age and with 60% marks in graduation are eligible for the posts. The recruitment will be on a contractual basis. After three years, recruited candidates will have to pass an examination to receive confirmation and will be appointed as assistant manager.
Strategies to prepare for Banking sector exams
● First of all, design a strategic study plan about the examination.
● Make a perfect timetable for consistent self-study.
● Complete the syllabus topic wise to avoid clichés.
● For banking, learn through relevant online sources along-with some standard books.
● This examination needs perfect time management, hence daily practice is compulsory.
● Solve previous paper as much as u can for maintaining speed and accuracy.
● Master the short tricks and methods for certain papers or questions.
● Capture your strengths and weaknesses to prevent from negative marking.
