Introduction to overview of banking
Presented by
Dr. S.C .Bihari
DO YOU HAVE A DREAM?
“ Ho ld fa st to dre ams For if dre ams die Li fe is a bro kenwi nged bird That ca nnot fly.” “ Ho ld fa st to dre ams For wh en dreams go Li fe is a barren fi eld
DREAMS Life is purposeless without dreams. Possess electromagnetic energy. Help you choose your mission in life. Realization of one’s mission in life require hard work, perseverance and Planning for a Career.
Managing Careers A well designed career planning includes Evaluation of career needs, Career opportunities and Alignment of needs with opportunities.
Indian banks are sound & healthy unlike their counterparts in the West.
Established by the stress test conducted by a committee on Financial sector assessment in view of the ongoing economic crisis. The committee studied data of the end-September’08 period, When the financial crisis shot into the limelight.
NO SLOWDON IN PROFIT
PSU banks on a Hiring Spree
Recruitment of Officers during 2008-09 was 40,000. As per the preliminary estimates, PSBs are expected to hire over 30,000 people during 2009-10. Even as India Inc, facing the heat of the global financial meltdown, has put a virtual halt on recruitment
THE PRESENT AND FUTURE
We have an alert regulator Continuous monitoring is leading to resilience in Indian Banking A report "Opportunities in Indian Banking Sector", by market research company, RNCOS, forecasts that the Indian banking sector will grow at a healthy compound annual growth rate (CAGR) of around 23.3 per cent till 2011 and beyond.
Career path and career planning in Banks Banks are famous for decent pay packets and brighter career prospects . In a few cases a person joining at base level rose to head the organization
Career in Banks-the new trend
Young persons possessing specialized qualifications In the areas of Accountancy Engineering, IT& Management Find attractive openings mostly in private banks and foreign banks.
Career path in Banks-the emerging trend
The job security factor of employment in Banking Sector No more holds good Hiring practices today Tuned to the business environment of Automation and Efficiency.
WHEN THE ELEPHANT MOVES OUT
Even PSBs are sourcing out Housekeeping, security and other functions to outside agencies. These are the days of campus recruitments by banks Scouting for talent from Prestigious B-Schools.
THE LATEST TRENDS The trends of ambitious employees is not to stay rooted to a particular organization Quick jump with additional qualification or performance improvement is the order of the day
RECRUITMENT-THEN AND NOW Recruitment used to take place in the past by BSRBs. Now,Banks are recruiting individually as per needs. Career in banking is moving to specialists as Banking is moving from Brickmortar to New-Age
IN THE END SUCCESS DOES NOT COME TO YOU YOU GO TO IT.
Thanks for your attention Dr. S. C. Bihari Tell:08417-236660 to 65(Extn:
6214)
Mail:
[email protected]