Public sector banks recruit graduates at the entry level (as
probationary officers) on the basis of an All India Level examination.
They also conduct an All India Test for professionals (for senior post)
who wish to enter the banking profession. Private sector/ Foreign banks
prefer graduates with MBA, Chartered Accountants etc at junior positions
and they are selected through campus recruitment and interviews. For the
senior positions, they opt for experienced bankers.
The Reserve Bank of India, the topmost financial institution
in India conducts tests for three types of entry level positions, i,e.
for clerical grade; for Grade I officers and for Grade II officers. The
entry point for clerical staff is in the cash department as examiners
of coins and notes, and they are promoted to the next grade when they
successfully clear the relevant examinations after 5-10 years of service.
RBI also conducts an All India Exam for graduates, postgraduates, professional
graduates for the recruitment of Class I officers. The maximum age limit
for this exam is 26 years and the candidates are tested in logical reasoning,
mental ability, numerical aptitude and general English. Selected candidates
are short listed for an interview for the final selection.
The selection of probationary officer in the public sector commercial
banks is done by Banking Service Recruitment Board (BSRB) on the
basis of a written test, which consists of test of reasoning, quantitative
aptitude, general awareness, English language and descriptive test. Each
region has its own BSRB which carries out the recruitment. Graduates between
the age group of 21-28 years are eligible for the test which is followed
by an interview.Private banks recruit Officer Trainees from amongst
first class graduates, Management Trainees from amongst MBAs, and also
recruit experienced personnel from the banking sector for middle and higher
management positions.
The advertisements for the recruitment in various banks
appear in newspapers as well as in the Employment News from time to time,
according to their vacancies. All applicants are required to take the
written test conducted by the respective Bank Recruitment Board. As the
competition in the banking sector is very tough, only hard work, studies
and practice can make one successful in the test. Number of book
and magazines are available for the bank preparatory exam.
