BANK

AN AMERICAN WRITER MARK TWAIN QUOTED

THAT..
A BANKER IS A FELLOW WHO LENDS YOU HIS
UMBRELLA WHEN THE SUN IS SHINING, BUT
WANTS IT BACK THE MINUTE IT BEGINS TO RAIN
 • THE WORLS SETS
ASIDE…………………………… IF
YOU KNOW WHERE YOU ARE
GOING.

• DO YOU KNOW YOUR CARRER PATH

• A bank is a financial institution that accepts deposits from the public and creates credit.
• A BANK IS NTG BUT AN INTERMEDIARY THAT LINKS FROM THOSE WHO HAS TO THOSE WHO
NEEDS……
• AND WHEN IT COMES ON PROFITS FOR BANK..IT COMES FROM THE HIGHER INTEREST THAT IT
CHARGES ON LOANS THAN THEY GIVE ON DEPOSITS COLLECTED
• For a long period of time banks were involved into traditional functioning of lending and
accepting..but after deregulation it saw a drastic change with the aggressive entry of private banks.
• THIS HAS ENABLED THE INDUSTRY TO EXPLORE VARIOUS AVENUES AND DIVERSIFY THEM ….DUE TO
WHICH GOOD NUMBERS OF JOBS ARE AWAILABLE
• The banking operations in india is governed by RBI & Banking Regulation Act 1934.
• These regulators see to it that the banks are functioning PRUDENTLY(with care for future)
• Banks can be BROADLY classified into COMMERCIAL BANKS & CO-OPERAIVE BANKS.
• AND BANKS WHICH MEETS THE SPECIFIC CRITERIA OF RBI ACT 1934 FALL UNDER 2ND SCHEDULE
..AND THAT BANK IS CALLED A SCHEDULED BANK.
• WITH THIS KIND OF GROWTH IT COMES AS NO SUPRISE THAT THE BANKING SECTOR IS THE
LARGEST JOB PROVIDER
• FINANCE IS A SCIENCE AND ART BOTH..THAT DEALS WITH MONEY TIME AND RISK
 WHAT BANKING HAS TO OFFER YOU/?
• WILL HELP YOU GROW AND MAKE CONSTANT LEARNIG IN YOUR CAREER
• LONG HISTORY OF ATTRACTING ENERGETIC AND AMBITIOUS PEOPLE WHO LOOKING FOR THE BEST
CAREER OPPORTUNITIES.
• THE INDUSTRY IS NOTED FOR COMPENSATION STRUCTURES THAT ARE OVERALL MUCH MORE GENEROUS
THAN IN OTHER SECTORS OF THE ECONOMY
• HIGH PERFORMANCE CAN MOVE AHEAD REGARDLES OF AGE.
• AS A RESULT WORKING IN FINANCIAL SERVICE CAN BE PARTICULARLY ATTRATCTVE OR AMBITIOUS YOUNG
PEOPLE IN A HURRY.
• BANKING HAS TO OFFER VARIOUS HIRERARCHY FOR DESIGNATION..IN BROADER TERMS..MANAGER LEVEL
POSITIONS..SENIOR LEVEL POSITION..JR. LEVEL POSITION.
• PUBLIC BANKS
• PRIVATE BANKS
• COOPERATIVE BANKS
• SCHEDULED BANKS
• DEVELOPMENT BANKS
• NBFC BANKS
• FOREIGN BANKS
• INVESTMENT BANKS
• MERCHANT BANKS
• PAYMENT BANKS
 COMMERCIAL NATIONALISED
ABNK & PRIVATE

SHORT TERM & LONG TERM

CO-OPERATIVE CREDIT giving
RBI
BANK banks(shrt=Agricultural credit
& Urban credit)

DEVELOPMENT EXIM, IDBI, ICICI

BANK , IFCI,SFI