We
all know that Banks are considered as the backbone of any country’s economy.
During the global financial turmoil that happened in the year 2008, our country
was least affected because of soundness of Indian Banking and Financial system.
It shows that, Indian Banking system is very strong and one of the fastest
growing sectors in the country.
Top MBA College in delhi |
This growth has brought many opportunities for
all the aspirants who wish to see them as a banker. Currently Indian banking
sector classified into Scheduled Banks (include Public Sector Banks, Regional
Rural Banks (RRBs); Private Sector Banks & Foreign Banks) and Non-Scheduled
banks. The Scheduled Banks regulated under the 2nd Schedule of the Reserve Bank
of India (RBI) Act, 1934. The
Non-Scheduled banks regulated under the Banking Regulation Act, 1949. Currently
31 Public Sector Banks available in India, Its include 19 Nationalized banks,
06 State Bank of India (SBI) & its
associate banks, 02 other public sector Banks (Bharatiya Mahila Bank & IDBI
Bank) and 02 banks Newly proposed (Post Bank of India &Student Bank of
India). More than 20 Private Sector Banks also available in India.
There
is a well defined career progression path in the banking sector. Performance
and potential are key elements which determine this career progression. Most often,
people start their career from executive level only. In tune with the time
banks have reviewed their promotion policy and now for bright, hardworking and
knowledgeable employees it takes less time to move to higher scales. Many banks
have a network of foreign branches. Thus, joining this sector gives students
the opportunity of working abroad also. Transferability in a bank job provides
the chance of seeing different parts of the country. Being specialized in finance,
a student can become the fabled ‘investment banker’ in top foreign banks, who
mint crores of rupees.
For
More Information :- Asia-Pacific Institute of Management
Email Id:-admissions@asiapacific.edu
Mob
No:-7042893436,7042893445
Website:- www.asiapacific.edu
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