The document provides information about career opportunities in the banking sector in India. It discusses the various roles and designations one can hold as they progress through their career, from a Probationary Officer to higher managerial positions. It outlines the promotion structure, necessary qualifications and exams. It also describes the responsibilities associated with entry-level roles like a Bank PO and Assistant Manager. Overall, the document offers an overview of working in banks, highlighting the growth prospects, training requirements and expected work conditions for individuals pursuing a career in this field in India.

1. Career
in
Banking
@
Kisalay
Coaching
for Banking
Allahabad
By
Dr. Devendra Arora
IIM-C , Kolkatta
Director
Vishveshwarya School of Business
Dr Dev VSB1

2. Promotion chart
PROBATION- Probationary Officer.
SCALE 1- Assistant Manager.
SCALE 2- Manager.
SCALE 3- Senior Manager.
SCALE 4- Chief Manager.
SCALE 5- Assistant General Manager.
SCALE 6- Deputy General Manager.
SCALE 7- General Manager.
Chief Financial Officer.
Chief Executive Officer.
Dr Dev VSB
2

3. Promotion
PROMOTION PROSPECTS
 Normally, first 2 years is the probation period.
 After that he/she becomes Assistant Manager-
Scale 1.
 Thereafter promotion takes place every 5 years
till Scale 3.
 However Fast Track promotions are also
possible if he/she passes the JAIIB and then
CAIIB exams.
 After Scale 3, promotions are based on MERIT.
 After Scale 7 your posting is decided by the
Central Government and not your bank. You will
be posted to some other bank as CFO and CEO
by the Central Government.
Dr Dev VSB
3

4. JAIIB--CAIIB
 CAIIB: Certified Associate of Indian Institute of
Bankers. CAIIB stands for Certified Associate of
Indian Institute of Bankers. It is an examination
conducted by Indian Institute of Banking and Fin
 JAIIB: Junior Associate of the Indian Institute of
Bankers.
 You must have the knowledge of Banking and
Financial Services, customer
Relations, banking technology, accountancy and
many other things used in banks.
Dr Dev VSB
4

5. IBPS PO Salary Structure 2018
Criteria Metro Cities State Capital
District Level
and Rural
Basic Pay 23700.00 23700.00 23700.00
Special
Allowance
1836.75 1836.75 1836.75
DA 10163.63 10163.63 10163.63
CCA 870 600 –
Transport
Allowance
– – –
Total (without
HRA)
36570.38 36300.38 35700.38
HRA 2133.00 1896.00 1659.00
Gross with
HRA
38703.38 38196.38 37359.38
Dr Dev VSB5

6. New international banks in India
 List of foreign banks in India as on January 31, 2018 – branch form of presence
 Sl. No Name of bank Country of Incorporation No of banking branches 1) Australia and New Zealand Banking Group Ltd. Australia 3 2) National Australia Bank Australia 1 3) Westpac
Banking Corporation Australia 1 4) Bank of Bahrain & Kuwait BSC Bahrain 4 5) AB Bank Ltd. Bangladesh 1 6) Sonali Bank Ltd. Bangladesh 2 7) Bank of Nova Scotia Canada 3 8)
Industrial & Commercial Bank of China Ltd. China 1 9) BNP Paribas France 8 10) Credit Agricole Corporate & Investment Bank France 5 11) Societe Generale France 4 12) Deutsche
Bank Germany 17 13) HSBC Ltd Hong Kong 26 14) PT Bank Maybank Indonesia TBK Indonesia 1 15) Mizuho Bank Ltd. Japan 5 16) Sumitomo Mitsui Banking Corporation Japan 2 17)
The Bank of Tokyo- Mitsubishi UFJ, Ltd. Japan 5 18) SBM Bank(Mauritius) Ltd Mauritius 4 19) Cooperatieve Rabobank U.A. Netherlands 1 20) Doha Bank Qatar 3 21) Qatar National
Bank Qatar 1 22) JSC VTB Bank Russia 1 23) Sberbank Russia 1 24) DBS Bank Ltd. Singapore 12 25) United Overseas Bank Ltd Singapore 1 26) FirstRand Bank Ltd South Africa 1
27) Shinhan Bank South Korea 6 28) Woori Bank South Korea 3 29) KEB Hana Bank South Korea 1 30) Industrial Bank of Korea South Korea 1 31) Bank of Ceylon Sri Lanka 1 32)
Credit Suisse A.G Switzerland 1 33) CTBC Bank Co., Ltd. Taiwan 2 34) Krung Thai Bank Public Co. Ltd. Thailand 1 35) Abu Dhabi Commercial Bank Ltd. UAE 2 36) Mashreq Bank
PSC UAE 1 37) First Abu Dhabi Bank PJSC UAE 1 38) Emirates Bank NBD UAE 1 39) Barclays Bank Plc. United Kingdom 6 40) Standard Chartered Bank United Kingdom 100 41) The
Royal Bank of Scotland plc United Kingdom 1 42) American Express Banking Corporation USA 1 43) Bank of America USA 4 44) Citibank N.A. USA 35 45) J.P. Morgan Chase Bank
N.A. USA 4 Total 286 List of foreign banks in India as on January 31, 2018 – Representative Office form of presence Sr. No. Name of the representative office Country of incorporation
Centre 1 Raiffeisen Bank International AG Austria Mumbai 2 K.B.C. Bank N.V. Belgium Mumbai 3 Royal Bank of Canada Canada Mumbai 4 Toronto Dominion Bank Canada Mumbai 5
Bank of Montreal Canada Mumbai 6 Credit Industriel et Commercial France New Delhi 7 Natixis France Mumbai 8 DZ Bank AG Germany Mumbai 9 Landesbank Baden – Wurttemberg
Germany Mumbai 10 Commerzbank Germany Mumbai 11 KfW IPEX Bank GmbH Germany Mumbai 12 Intesa Sanpaolo S.p.A Italy Mumbai 13 Uni Credit S.p.A Italy Mumbai 14 Banco
BPM S.p.A Italy Mumbai 15 UBI Banca – Unione di Banche Italiane Italy Mumbai 16 Monte Dei Paschi Di Sienna Italy Mumbai 17 Banca Popolare di Vicenza Italy New Delhi 18 CIMB
Bank Berhad Malaysia Mumbai 19 Everest Bank Ltd. Nepal New Delhi 20 Global IME Bank Ltd Nepal New Delhi 21 DNB Bank ASA Norway Mumbai 22 Caixa Geral de Depositos
Portugal Mumbai 23 Bank for Development and Foreign Economic Affairs (Vnesheconombank) Russia New Delhi, sub-office in Mumbai 24 Gazprombank Russia New Delhi 25
Kookmin Bank South Korea Gurgaon 26 Busan Bank South Korea Mumbai 27 NongHyup Bank South Korea Gurgaon 28 Banco de Sabadell SA Spain New Delhi 29 Banco Bilbao
Vizcaya Argentaria Spain Mumbai 30 CaixaBank S.A. Spain New Delhi 31 Svenska Handlesbanken Sweden Mumbai 32 Skandinaviska Enskilda Banken AB Sweden New Delhi 33
Zurcher Kantonalbank Switzerland Mumbai 34 Bank of Taiwan Taiwan Mumbai 35 Mega International commercial Bank Taiwan Mumbai 36 Asya Katilim Bankasi AS Turkey Mumbai 37
The Bank of New York Mellon USA Mumbai 38 Wells Fargo Bank N.A. USA Mumbai 39 UBS AG Switzerland Mumbai 40 Access Bank Nigeria Mumbai
 40 .. 250 branches
Dr Dev VSB
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7. Bank PO
 Responsibilities of a Bank P.O. ... After
successful completion of the probation period,
he/she is posted in any bank branch as an
Assistant Bank Manager to handle works on
daily customer transactions, viz. passing a
cheque, draft issuance, cash management
etc. He/She has to work towards increasing
the bank business viz.
Dr Dev VSB
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8. Assistant Manager in Bank
 Assistant Branch Manager, Banking Tasks
 Hire, train, and supervise customer service
representatives and financial service managers.
 Enforce bank regulations and oversee bank
security measures.
 Monitor branch financial activities, performing
audits, reviewing reports, and managing cash
levels.
 Work to gain and retain customers by maintaining
high standards of customer service.
Dr Dev VSB
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9. Career in Banking
Banking offers a clean, peaceful and
dignified work atmosphere and lifestyle.
The banking sector embraces the entire
society. Banks present huge
opportunities to young people and this
is largely due to the fact that they have
diversified into various other products
than just core banking. Dr Dev VSB
9

10. 3. NATURE OF WORK :
Managers/ Probationary Officer:
Responsibility for running the branch,
managing their staff and for generating
profits, required to know their region well, the
type of customers they are catering to and
the services they will require, responsible for
taking decisions regarding credit to
customers by analyzing the risk and ensuring
that the money is repaid, required to visit
properties that they have taken as security
for a loan, or visiting factories and
businesses to see new equipment in
operation, purchased from bank loan
Dr Dev VSB
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11. 4. NATURE OF WORK
Bank Clerk : keeping records
of business, personnel
accounts, installment loans,
mortgages or the bank's own
accounts, and providing
customer services such as
payrolls and inventory
accounting Dr Dev VSB
11

12. 5. CONDITIONS OF WORK
+ves: Banking professionals are required
all year long. After privatization, the
requirement for banking professionals has
increased manifold.
-Students with different specializations
such as Science, Arts and Commerce can
apply for jobs with banks after equipping
themselves with diplomas that provide them
with the basic knowledge required in the
banking organizations.
--Salaries of students getting placed abroad
are huge and provide excellent scope for
professional and personal growth.
-- A banking job is a white collar job, which,
Dr Dev VSB
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13. Challenges
 -ves: • The layoffs in banking jobs have
become frequent due to fluctuating stock
markets in recent times.
 • Post recession, the enthusiasm of
several banking organizations has been
dampened. •
A student from other fields will require
developing enormous expertise in financial
matters.
Dr Dev VSB
13

14. 
JOB HAZARDS
 There may be chances of developing a
stress- related physical or emotional
ailment within several years on the job.
 Under the immense stress of their
jobs, many suffer personal and
emotional problems that escalate into
full-blown crises, with some bankers
developing conditions that linger long
after they have left the industry.
Dr Dev VSB
14

15. 7. HOURS OF WORK and EARNINGS
Usually work regular office hours, but may need to work
evenings and weekends or be on call.
The pay scales for banking student who is a fresher
could vary anywhere from Rs 12,000 to Rs 20,000 to
begin with.
Students who have post graduated from top b-schools
and banking institutions can expect up to Rs 8 lakhs per
annum.
Several banking companies recruit Indian students from
the IIMs, Vishveshwarya School of Business , MDI, XLRI,
FMS and other popular colleges every year for pay
packages not less than Rs. 10 lakhs per annum.
Dr Dev VSB
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16. 8. EDUCATIONAL QUALIFICATIONS & TRAINING
The basic educational qualification required for a bank job,
whether private or government is a Bachelor’s degree,
preferably with accounts as a subject. But a candidate with
any background can apply for the jobs.
Some banks even prescribe an MBA with diploma in
banking and finance from the Indian Institute of Banking &
Finance as a desirable qualification.
The written examination has to be cleared for the public
sector jobs, and interview for the private sector.
The Private Sector banks prefer candidates with
an MBA. Dr Dev VSB
16

17. 9. TYPES OF EXAMS ( The Journey Starts)
Bank PO Exams: any graduate with prescribed
marks, and within the age group of 21 to 30
years, is eligible. The banks normally prescribe
55% or 65% marks in graduation for PO
aspirants.
Bank Clerical Exams: a graduate (or even an
applicant who has passed the class 12 exam
with prescribed marks) who is within the age-
group of 18 to 28 years is eligible to apply.
Specialist Officers Exam: candidates having
requisite professional qualifications in
agriculture, engineering, chartered accountancy,
law, or a degree of MBA, .
Dr Dev VSB
17

18. 10. METHODS OF ENTERING THE JOB
The Reserve Bank of India, the State Bank of India
and Associate Banks and Nationalized banks
advertise in Newspapers from time to time inviting
applications from candidates who are willing for a
career in banking according to their vacancies.
Private Banks and Foreign Banks advertise their
posts in leading newspapers. However in
management cadres, positions are largely filled
through campus recruitment at management
institutions.
Dr Dev VSB
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19. 11. PERSONAL ATTRIBUTES REQUIRED
• People skills
• Analytical skills
• Detail orientation
• Management skills
• Organizational skills
• Honesty and Integrity
• Quick learning abilities
• Good Communication skills
• Banking Industry familiarity ………….
• cont…Dr Dev VSB
19

20. Personal Attribute
Knowledge of computer orientation
 Knowledge of Mathematics,
Accounting, and book keeping
 leadership qualities, Integrity,
confidentiality and honesty in dealing
with money, customers and staff.
 Good personal habits, such as
neatness, promptness and organized
mind are valuable personal qualities.
Dr Dev VSB
20

21. 12. ADVANCEMENT /PROMOTIONS
A Probationary Officer starts as a trainee officer in
the Junior Management Grade Scale (JMGS) of the
bank and can rise to the highest levels, becoming a
General Manager, an Executive Director or even the
Chairman of the Bank.
Bank tellers who choose to take on more
responsibilities and have earned an education in
business may go on to become head bank tellers,
loan and mortgage officers, debt counselors or
bank managers.
Dr Dev VSB
21

22. 13. TYPICAL PLACES OF EMPLOYMENT/SELF
EMPLOYMENT ( Playing Stadium )
Public Sector Banks are the major recruiters of candidates
aspiring for bank jobs.
These banks are:
The State Bank of India Group (Total:8 Banks) namely
SBI (State Bank of India), State Bank of Indore, SBBJ
(..Bikaner & Jaipur), SBH (..Hyderabad), SBM (..Mysore),
SBP (..Patiala), SBS (..Saurashtra), and SBT
(..Travancore).
Dr Dev VSB
22

23. Playing Stadium
 Nationalized Banks (Total: 19 Banks) namely
Allahabad Bank, Andhra Bank, Bank of Baroda,
Bank of India, Bank of Maharashtra, Canara Bank,
Central Bank of India, Corporation Bank, Dena
Bank, Indian Bank, Indian Overseas Bank, Oriental
Bank of Commerce, Punjab & Sind Bank, Punjab
National Bank, Syndicate Bank, UCO Bank, United
Bank of India, Union Bank of India and Vijaya Bank.
Other Public Sector Bank i.e. IDBI Bank
Limited.
Dr Dev VSB
23

24. Private Sector Banks (Total: 27
Banks). ICICI Bank, HDFC Bank, Axis
Bank, Federal Bank, Centurion Bank
of Punjab, Indusind Bank, Kotak
Mahindra Bank, Yes Bank, ING Vysya
Bank, Bank of Rajasthan, Karur
Vysya Bank, Karnataka Bank, Jammu
& Kashmir Bank, South Indian Bank,
Bharat Overseas Bank, etc.
Dr Dev VSB
24

25. Playing Stadium --Career
 Co-operative Banks: All major National and State
Co-operative Banks and Scheduled Urban Co-
operative Banks Opportunities for Self
Employment and Other Settings .
 You can be a private Accountant / Finance Adviser
in Pvt. Company. You can start your own
academy (Banking coaching classes/ crash
courses).
Dr Dev VSB
25

26. Kisalay Coaching
Helps you
 14. INSTITUTES Some of the institutes are:
Institute for Development & Research in
Banking Technology, Hyderabad National
Institute of Bank Management, Pune
Private institutions such as NIIT (National
Institute of Information Technology)
Vishveshwarya School of Business , Birla
Institute for Insurance offer diploma and
degree programs.
Dr Dev VSB
26

27. Nationalised Banks
1. State Bank of India–Rajnish Kumar (Chairman)
2. Allahabad Bank–Usha Ananthasubramanian
(MD & CEO)
3. Andhra Bank–Suresh N Patel (MD & CEO)
4. Bank of Baroda–P.S. Jayakumar (MD & CEO)
5. Bank of India–Dinabandhu Mohapatra (MD &
CEO)
6. Bank of Maharashtra–Ravindra Prabhakar
Marathe (MD & CEO)
7. Canara Bank–Rakesh Sharma (MD & CEO)
8. Central Bank of India–Rajeev Rishi (CMD)
9. Corporation Bank–Jai Kumar Garg (MD & CEO)
10. Dena Bank–Ashwani Kumar (CMD)
Dr Dev VSB
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28. 11. IDBI Bank Ltd–Mahesh Kumar Jain (MD & CEO)
12. Indian Bank–Kishore Piraji Kharat (MD & CEO)
13. India Post Payment Banks (IPPB)- Ashok Pal Singh
(MD & CEO)
14. Indian Overseas Bank–R. Subramaniakumar (MD &
CEO)
15. Oriental Bank of Commerce–Mukesh Kumar Jain (MD
& CEO)
16. Punjab And Sind Bank–Jatinder Bir Singh (CMD)
17. Punjab National Bank–Sunil Mehta (MD & CEO)
18. Syndicate Bank–Melwyn Oswald Rego (MD & CEO)
19. UCO Bank–Ravi Krishan Takkar (MD & CEO)
20. Union Bank of India–Rajkiran Rai G. (MD & CEO)
21. United Bank of India–Pawan Kumar Bajaj (MD & CEO)
22. Vijaya Bank–Shri R.A.Sankara Narayanan (MD &
CEO) Dr Dev VSB
28

29. Private Banks
1. Axis Bank–Smt. Shikha Sharma (MD & CEO)
2. AU Small Finance Bank Limited–Sanjay Agarwal (MD &
CEO)
3. Bandhan Bank–Chandra Shekhar Ghosh (MD & CEO)
4. Catholic Syrian Bank–C. VR. Rajendran (MD & CEO)
5. City Union Bank–Dr. N. Kamakodi (MD & CEO)
6. Development Credit Bank–Murali M. Natrajan (MD &
CEO)
7. Dhanalakshmi Bank–G. Sreeram (MD & CEO)
8. Equitas Small Finance Bank - Vasudevan P. N. (MD &
CEO)
9. Federal Bank–Shyam Srinivasan (MD & CEO)
10. Fincare Small Finance Bank–Rajeev Yadav (MD & CEO)
11. HDFC Bank–Aditya Puri (MD)
13. ICICI Bank–Smt Chanda Kochar (MD & CEO)
Dr Dev VSB
29

30. 14. IDFC Bank–Rajiv Lall (MD & CEO)
15. IndusInd Bank–Romesh Sobti (MD & CEO)
16. Jammu & Kashmir Bank–Parvez Ahmad (Chairman &
CEO)
17. Karnataka Bank–Mahabaleshwara M. S (MD & CEO)
18. Karur Vysya Bank–P.S. Seshadri (MD & CEO)
19. Kotak Mahindra Bank–Uday Kotak (Executive Vice-
Chairman & MD)
20. Lakshmi Vilas Bank–Parthasarathi Mukherjee (MD &
CEO)
21. Nainital Bank–Mukesh Sharma (Chairman & CEO)
22. RBL Bank–Vishwavir Ahuja (MD & CEO)
23. South Indian Bank–V.G. Mathew (MD & CEO)
24. Tamilnad Mercantile Bank–H.S. Upendra Kamath (MD
& CEO)
25. Ujjivan Small Finance Bank–Samit Ghosh (MD & CEO)
26. Yes Bank –Rana Kapoor (MD & CEO)
Dr Dev VSB
30

31. With
Billions
of Wishes !!!!!
Enjoy ….song
Zindgi Ek
safar hai
suhana
Dr. Devendra Arora
IIM-C , Kolkatta
Director
Vishveshwarya School of
Business
Greater Noida ,
Radisson Blu , Sector 18 ,
Noida . Dr Dev VSB31