Banking in India has always been associated with the idea of service. Service is, in fact, a key ingredient for the success of banking industry. Banking sector offers plenty of options as a career stream as it is an extremely wide field with diverse areas.
A career in banking is one of the most sought after careers in India. It can be very enriching to work in this sector as it unites both services and strategies. It involves understanding of the client's requirements- both personal and business plans apart from assisting them in selecting the right investment alternative available in the market. Also, they are financially rewarding and bring with them a lot of social security due to government control on bank funds management system.
Indian banking sector not only facilitates community needs but also triggers economic expansion by financing infrastructure and other developments. In fact, the biggest milestone in the history of Indian banking was achieved long back in 1969. In this year, 19 private banks of the country were nationalized who later played a key role in industrialization.
Along with RBI (Reserve Bank of India) and SBI (State Bank of India), the nationalized banks helped funding the infrastructure development of the country. Both the government owned banks and nationalized banks supported the development of rural and agricultural sector, food production, animal husbandry and urbanization. Not only this, nationalized banks were actively offering industrial financing, years before they started operating. Undeniably, these nationalized banks are very resourceful in terms of products and services as well as employment opportunities. Some of the important banks in India include:
-Reserve Bank of India
-State Bank of India
-Union Bank of India
-Bank of Baroda
If you also wish to pursue a career in banking, you should possess the right mix of strong analytical and mathematical skills. IT competence, problem solving skills, project and time management skills are also important to land up with a good job in banking industry. This enables you to choose from a variety of career options like following:
-Bill and Accountant collectors
-Book Keeping and auditing clerks
-Financial service representative
Banking is a diverse industry and a dynamic one at that. It keeps evolving and adjusting to customer’s growing needs across all segments while focusing on world class ‘service’ all the time. It gives you a satisfaction of doing the best to your client’s finances and offering an ideal investment solution. Career in banking has always been respected and is considered to be a very reputed profession. A banker is looked at with utmost veneration and admiration as banking professionals, in a way, help in running the economy smoothly.
At present, the scenario of jobs in banking industry has revived and has been riding high post recession. The financial sector of India had suffered a major drawback at the times of economic slowdown but has restored its luster now. There is a plethora of banking jobs in India, today, across all management levels-top, middle and low. All the fields in banking are buzzing with modernization and customization as customer becomes the centre of focus. All banking activities are concentrated on the satisfaction of customers and at fulfilling their requirements.
Jobs in banking are calling all well qualified professionals with good communication skills and analytical abilities to be able to manage clients. Good writing skills, ability to pay attention to detail, persistence and pressure handling abilities are definitely added advantages.
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Deepika Bansal writes on behalf of Naukri.com, the no.1 job portal in India.She writes on topics like Banking Jobs, relieving job stress and increasing work concentration. Naukri.com is a recruitment platform & provides products and services.
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