What bank looks for in job applicant ?

What bank looks for in job applicant is one of the most debated & sought after question for the candidates trying to join the banking sector. Every bank has different bench marks. Also public sector banks differ in their recruitment approach from new private sector banks.

However following capabilities/abilities, every bank look for in the new employees: -

1. Ability to lead and work in teams as required.

2. Ability to lead, manage, train the team to achieve targets.

3. Ability to grasp information and to convey it in a meaningful manner.

4. Ability to optimum utilization of resources and commitment to meet deadlines.

5. Ability to comprehend needs of customers and to respond appropriately

Keep a clean track record to get a job

Employers are looking into the personal background. besides looking at experience, qualification, competence and communication skills of the candidates. HR firms are even seeking police verification wherever possible. Since fake qualification and experience documents have become frequent, companies go in for a thorough verification of backgrounds of the job seekers.


Growing hacking, cyber crimes, companies are becoming increasingly vigilant while employing staff. Companies are looking to recruit only efficient and reliable hands to avoid hiring employees who may either not be dependable or even have a doubtful background.


Ensure that you provide correct details in your resume and also keep a clean track record to get into a good job.

Public sector banks to hire 20,000

Public sector banks (PSBs) are expected to hire 20,000 in 2008-09.In 2007-08, the PSBs had hired over 15,000.

Hiring is expected to go up in 2008-09 due to increase in business opportunities in retail banking, marketing and expansion in rural banking.

The hiring is getting broad-based bringing in specialists along with generalists. For instance, Indian Bank and IDBI are currently looking for specialist officers such as Chartered Accountants, computer, law, industrial development officers, treasury, corporate and SME experts.

More Jobs For Disabled In Pvt Sector

Government has approved incentive schemes for creating 1,00,000 employment opportunities a year for the physically challenged persons in the private sector.

Under the scheme, government will take care of the employer's contribution to Employees Provident Fund (EPF) and Employees State Insurance (ESI) for providing employment for the first three years to persons with disabilities. The scheme is valid for persons with monthly income up to Rs 25,000.

The scheme covers all persons with disabilities defined under Disabilities Act, 1995 and National Trust for welfare of persons with Autism, cerebral palsy, mental retardation and Multiple Disabilities Act, 1999.

BFSI sector to create a million jobs every year

According to industry sources, the rapidly growing banking, financial services and insurance (BFSI) sector in India is expected to create about a million jobs every year for the next five years. The insurance industry will lead by creating 500,000 jobs. The issue is no longer about finding BFSI jobs for people, but ensuring that there are enough people with relevant skills for the jobs at hand.

I feel Ma Foi Employment Trends Survey is too conservative in its projections as far as jobs in the BFSI sector are concerned.

A million new jobs in 2008 in India

Ma Foi Employment Trends Survey estimates that a million new jobs will be created in India in 2008. Health Sector shows the highest growth in recruitment at 8.9% followed by IT at 7.3%, ITES at 7.2% and Hospitality at 6.9%.

Experienced workers are hired more than freshers, who constitute a little more than a quarter of the newly hired. Sectors where the demand for freshers is above 30% include Hospitality, Energy Generation & Supply Sector, ITES and Mining & Extraction.

In the city analysis, Mumbai is poised to generate the highest number of employment followed by Delhi, Chennai and Kolkatta.

Indian IT Cos to pay less to employees

As per the assocham analysis, the average hike in wage cost of IT companies fell to about 22 per cent during Oct-Dec 2007, as against a whopping q-on-q rise of 45 per cent during third quarter of the financial year 2006-07.

Thinning margins due to appreciating rupee is putting pressure on the software companies to put a check on its employees’ pay packages. At the same time, high emphasis would be now placed on productivity efficiencies and cost controls. The trend has already begun with TCS cutting the variable pay of its employees.