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

Perform well or you'll get axed

India's Top software services firm Tata Consultancy Services Ltd (TCS) is sacking 500of its employees as their performance was rated poorly.

TCS has also started pay cuts from the salaries, wherever internal EVA (economic value-added) target was not achieved. Shortfall of Rs 83 crore in EVA is being recovered from salaries of employees.

EVA is the difference between net profit and the cost of capital. In the quarter ended December 31, TCS appointed 4,037 employees, taking its total headcount to 108,229, up from 83,500 a year ago.