1. KOTHARI COLLEGE “SECURE YOUR FUTURE WITH A BANKING CAREER” BY: Ramnik Kapoor

2. KOTHARI COLLEGE

3. Mr. K.V. Kamath
After graduating from IIM-A in 1971, Kamath started his career with ICICI (Industrial Credit and Investment Corporation of India), in the Project Finance division and moved on to different departments to gather experience which included setting up of new businesses such as leasing, venture capital, credit rating as well as handling general management positions.
In 1988, Kamath joined the Asian Development Bank, Manila in their Private Sector Department.
In May 1996, Kamath returned to ICICI as its Managing Director and Chief Executive Officer.
on 2nd may 2011 he is appointed as non-executive chairman of the second-largest software exporter, Infosys Ltd (earlier Infosys Technologies Ltd).

4. KOTHARI – IGNOU COMMUNITY COLLEGE
Concept and History of Banking.
Present Banking Scenario and new Dimensions in Banking sector.
Why to opt for a Banking Career?
Scope of a banking career.
Different positions for entry in banks.
Qualifications required for entry at different levels.
How to prepare for the exam/ Interview.
Querries by the participants.
Concluding the session.

5. KOTHARI – IGNOU COMMUNITY COLLEGE
BANKS
take care of the money of individuals and corporate
provide loans to people for business or personal use.
Services like exchange of foreign currency, Investment Banking, Mutual Funds, Insurance Business, D-mat services, Online trading of shares, providing public utility services like e-tickets, payment of bills, educative services etc.

6. KOTHARI – IGNOU COMMUNITY COLLEGE
Kautilya, in 330 B.C. recognized the importance of accounting methods in economic enterprises. He developed Book-keeping rules to record and classify economic data. He also linked the successful enforcement of rules and regulations to their clarity, consistency and completeness. He also emphasized the role of ethics in the economic activities.

7. KOTHARI – IGNOU COMMUNITY COLLEGE
History of Banking :
Pre-independence stage
Post Independence stage
Nationalization of Banks
Introduction of Financial Sector Reforms
Globalization
IT revolution

8. KOTHARI – IGNOU COMMUNITY COLLEGE
History of Banking in India:
There were three oldest Banks
Bank of Bengal
Bank of Bombay
Bank of Madras
These banks were called Presidency Banks.
They merged in 1925 to form the Imperial Bank of India, which after independence became State Bank of India.
Reserve Bank of India came into existence in 1935 which took the responsibility of regulating Banking sector as Central Bank in India.

9. Banking Scenario after Independence
In 1948, the Reserve Bank of India was nationalized, and it became an institution owned by the Government of India.
In 1949, the Banking Regulation Act was enacted which empowered the Reserve Bank of India (RBI) "to regulate, control, and inspect the banks in India."

10. Nationalisation of Banks
On July 19, 1969, 14 major banks were nationalised.
On April 15, 1980 another 6 banks were nationalised.
With the nationalisation, the banking in India shifted from ‘Class’ banking to ‘Mass’ Banking

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

12. Current Banking Scenario
Currently, India has
81 scheduled commercial banks (SCBs) – 28 (19 Nationalized banks + 8 SBI Group + 1 IDBI),
29 Foreign banks
24 Private banks.
combined network of over 53,000 branches and 17,000 ATMs.
The public sector banks hold over 75 percent of total assets of the banking industry, with the private and foreign banks holding 18% and 7% respectively.

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

14. Opportunities
As the industry is growing there is no dearth of opportunities. In nationalized banks, one can expect regular promotions while in private banks it is performance that is rewarded.
As financial services get automated, the industry requires a large number of computer experts.

15. Career in Banking-Positions for Entry
Clerks
Probationary Officers (PO)
IT Officers.
Agriculture Officers
Industry Officers
Law Officers
Hindi Officers
Economic Officers
MBAS, CAS Direct Entry As Manager, Sr. Manager

16. Qualifications for Banking Jobs
Clerical Jobs:
Minimum Qualifications 10+2 with marks 50% and above or Graduation.
Age 18 yrs to 28 years.
Probationary Officers
Minimum Qualifications are Graduation with marks 55% and above.
Age 21 yrs to 30 years.

17. EMOLUMENTS: PAY
 on probation for a period of two years a starting basic pay of Rs. 16,900/- in the scale of Rs / / / applicable to Junior Management Grade Scale I.
initial monthly emoluments of Probationary Officers, including D.A., H.R.A. and C.C.A., are approximately Rs. 27,800/- at Metropolitan centers.
Initial monthly emoluments for clerks 15000/ including D.A., H.R.A. and C.C.A

18. Entitlement of perquisites are as per extant instructions applicable from time to time viz.  HTC / LFC, Provident Fund/ Pension, Medical aid for self and dependents, leased house, Concession for Housing / Car / Personal Loans

19. Features of Banking Jobs
The best features of the job are
Security
Good perks
Good salary
Loans for employees.
Good scope for promotions.
Demand for trained professionals

20. Job Requirements
Bank jobs come with responsibility, as the banker handles other people's money. The person must be service-oriented and like to look after customers.
Assess your aptitude before joining a career in banking. The personality required is a mix: for marketing and meeting customers an outgoing personality is required, while for keeping accounts a diligent and persevering attitude is required.

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

22. Source of information about jobs
The advertisements for recruitment appear on website of respective banks, in newspapers as well as which is a dedicated website for Bankers and aspiring bankers.

23. Subjects for Banking Exams
Recruitments are on the basis of a written test
General Awareness
Test of reasoning
Quantitative Aptitude
English language
IT Terminology
Concepts of Marketing and/or a descriptive test.

24. Preparation for interview
After the written examination, the short-listed candidates are called for an interview. General questions are asked to check the candidate's general awareness and relevant issues related to Economy.
Interview focuses on the candidates aptitude on Decision Making, Risk Taking, Marketing, Knowledge of Computer and Aptitude for accepting Challenges.

25. Position of Openings in Banks
During Current year Banking System is likely to offer employment to about 4 to 6 lac people out of which SBI has already declared openings for clerks, 3500 POs, 150 Technical Officers. Other banks have also offered similar positions in addition to regular recruitments by Private and Foreign Banks.

26. Banking Career makeover Program

27. Banking Career makeover Program
Comprehension of English Language
General Awareness
Mathematics
Test of Reasoning/Mental Ability/Aptitude
Computer Knowledge
Knowledge of Marketing