The bank issues and exchanges or destroys currency and coins not fit </li></ul> for circulation<br />
1. State Bank of India Group:<br />Largest state-owned banking and financial services company in India, by almost every parameter - revenues, profits, assets, market capitalization<br />131 Foreign offices in 32 countries across the globe<br />21000 ATMs and SBI group(including associate banks) has about 45000 no of ATMs<br />26500 branches, inclusive of branches that belong to its Associate banks<br />29th most reputed company in the world according to Forbes<br />
2. Nationalized banks (19 banks):<br /> In 1969, the Government arranged the nationalization of 14 scheduled<br /> commercial banks in order to expand the branch network, followed by six more in 1980<br /> In contrast to the state bank group, nationalized banks are centrally <br /> Governed, i.e. by their respective head offices <br />List Of Nationalized Banks:<br />
3. Regional Rural Banks (RRBs):<br /><ul><li>Regional Rural Banks (RRBs): In 1975, RRBs were set up by RBI in partnership with individual states to provide low-cost financing and credit facilities to the rural masses
As on 2006, there were 133 RRBs covering </li></ul>525 districts with a network of 14,494 branches<br /><ul><li> RRBs were originally conceived as low cost institutions having a rural ethos, local feel and pro poor focus</li></li></ul><li>Private Banks in India<br /><ul><li>Private banking is a term for banking and other financial services provided by banks to private individuals
In the early 1990 government embarked on a policy of liberalization, licensing a </li></ul>small number of private banks<br /><ul><li> These came to be known as New Generation tech-savvy banks, and included</li></ul>Global Trust Bank<br /><ul><li>Thus, public sector banks revived to take up leading role in the banking structure</li></li></ul><li><ul><li>In 1980, the GOI nationalized 6 more commercial banks, with control over 91% of banking business of India
Liberalization along with the rapid growth in the economy of India, revitalized the banking sector in India
Then Housing Development Finance principle' approval from the </li></ul>HDFC became the first to receive an invite from (RBI) to set up a bank<br /> in the private sector<br />
<ul><li> Have made the banking services more efficient and customer friendly
For potential customers, the Bank provides a wide range of commercial and transactional banking services, including:</li></ul>Target market <br />Agri-based businesses<br />Blue chip companies.<br />Small & mid-sized corporate <br />
Foreign Banks<br /><ul><li>Foreign Banks are not new phenomena in Indian bank in system. </li></ul>Standard Charted Bank started its operation in 1858 and Citi Bank<br /> opened its branch in India in 1902<br /><ul><li>However, globalization and economic policies implemented in late 1980s </li></ul>encouraged many international banks to open their shops here<br /><ul><li>At almost all the international banks are operating in India
Foreign banks in India have brought the latest technology and new banking </li></ul>practices. <br /><ul><li>This helped the domestic banks to improve their performance</li></ul> and provide better customer service<br /><ul><li>And it has led to Employment Generation in India</li></li></ul><li>Present there are 29 foreign banks are operating in India and some of the important foreign banks in India are:<br />
3-6-3 Rule – An unofficial banking rule !!<br /><ul><li>3-6-3 is an “UNOFFICIAL RULE” under which the banking industry once operated and which alludes to it being noncompetitive and simplistic.
Banking industry of the 1950s, 1960s, and 1970s is often described as operating according to a 3-6-3 rule .
Investment Officers<br />JOB PROFILE: <br /><ul><li>Marketing the Insurance, Mutual Fund and other products of the Bank. Responsible for end-to-end sales. Any other work assigned by the Bank from time to time.</li></li></ul><li>JOB PROFILE: <br /><ul><li>Analytical tasks on, maintenance and transactions including:Financial models, Derivatives market and conduct financial valuations. Deliver output that is accurate, insightful and client-read</li></li></ul><li>Manager — ATM Strategy & Planning<br />JOB PROFILE :<br /><ul><li>Responsibility to track adherence to budgeting for the ATM identification of expense save options, performance measurement of new deployments and take necessary measures. </li></li></ul><li>Retail Risk Analyst – Inventory Finance <br />JOB PROFILE:<br /><ul><li>Managing Fresh limits, enhancements, interim approvals and renewals of dealer’s limit. Monitoring end use of funds by appointing CAs for conducting stock audits.</li></li></ul><li>IT AND MANAGEMENT<br />
Human Resource Manager <br />JOB PROFILE:<br /><ul><li>Provides HR shared services including Payroll, Benefits, Retiral Management and related Accounting & Reporting activities. </li></li></ul><li>Assistant Manager – Sales <br />JOB PROFILE:<br /><ul><li>To implement Business Development and Marketing Strategies and Achievement of Sales and Profit Targets of all Financial Products and Services.</li></li></ul><li>Relationship Manager<br />JOB PROFILE:<br /><ul><li>Involves up selling, cross selling and providing regular market information to customers and ensure superior banking relationships with high value corporates.</li></li></ul><li>
Salary Description<br /><ul><li>Starting salary in the range of 23,ooo to 65,000
Highest for the Vice - President and the Branch Manager
Lowest for the Bank TellerorCashier.</li></li></ul><li>THANK YOU<br />
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