BANK INTERVIEWS -- union bank --ibps po
1) " WHAT IS MONEY MARKET ..... AND DEFINE ITS DIFFERENT INSTRUMENTS "
ANS- Money Market is a market for short-term finance. Short-term is understood as less than one year. However, most of the money market activity is concentrated in between overnight and one week.
Money market includes Debt instruments like:
1.Call Money Market
3.Commercial Papers and Certificates of Deposits.
CALL MONEY MARKET:
---Commercial Bill market borrows call money for short period to discount commercial bills
---Banks borrow in call market to fill the 'temporary gaps','meet the CRR', meet the sudden demand for funds which may arise due to large payments and remittances.
---raised to meet the short-term funds required by goverment of india
---T-bills enable RBI to perform Open Market Operations which indirectly regulate the money supply
T -bills are issued in the form of 'Promissory Note'
Investors prefers T-bills because of high liquidity, assured returns, no default risk.
---T-bills comprises of maturity period of 91day,364 day.
COMMERCIAL PAPER AND CERTIFICATES OF DEPOSITS:
---Commercial Paper is an unsecured money market instument issued in the form of promissory note.
---CD is a negotiable Promissory note, secured and short-term in nature.
Money market is a market where short term obligations such as
treasury bills, commercial papers and banker’s acceptances are bought and sold. Its instruments are:
1) Treasury Bills (T-Bills): Treasury Bills, one of the safest money market instruments, are short term borrowing instruments of the Central Government of the Country issued through the Central Bank (RBI in India). They are zero risk instruments, and hence the returns are not so attractive.
2)Repurchase Agreements: Repurchase transactions, called Repo or Reverse Repo are transactions or short term loans in which two parties agree to sell and repurchase the same security. They are usually used for overnight borrowing. Repo/Reverse Repo transactions can
be done only between the parties approved by RBI and in RBI approved securities viz. GOI and State Govt Securities, T-Bills, PSU Bonds, FI Bonds, Corporate Bonds etc.
3)Commercial Papers: Commercial paper is a low-cost alternative to bank loans. It is a short term unsecured promissory note issued by corporates and financial institutions at a discounted value on face value.
4) Certificate of Deposit: It is a short term borrowing more like a bank term deposit account. It is a promissory note issued by a bank in form of a certificate entitling the bearer to receive interest. The certificate bears the maturity date, the fixed rate of interest and the value. It can be issued in any denomination
5)Banker’s Acceptance: It is a short term credit investment created by a non financial firm and guaranteed by a bank to make payment. It is simply a bill of exchange drawn by a person and accepted by a bank. It is a buyer’s promise to pay to the seller a certain specified amount at
2)" ARE YOU HAPPY TO SIGN BOND WITH US ...... WHAT IF WE GIVE YOU OPTION NOT NO SIGN BOND ..... WHAT WILL YOU DO "
ANS-sir/ madam, signing a bond 4rm Hr point of view is 2 retain employees with the org, so as 2 fight employee turn over rate. n untill I work on a job for about 1or 2 yrs, I will not gain complete knowledge about it. n there is no risk in signing the bond either. Also, there is no point in jumping 4rm 1 job 2 another. must stick with a job 4 sometime atleast 2 gain the relevant knowledge. Hence, if Im given a choice, i'l sign a bond(my choice!!)
3) "If in a rural branch in which you are posted, someone asks you for loan or money on gunpoint what will you do?"
ANS-SIDDARTH SIR'S DAD HAD FACE THIS IN REAL ,sir's dad reply to this was,"Friends my dad faced this question and he bravely said that he has got 2 brothers who are there to do last rituals of his parents. So he will not be bogged down by threats and told them to do whatever they wanted but he will not give them single penny. seeing his guts those robbers left and never came back"
4)"DO YOU HAVE ANY QUESTIONS FOR ME?"
ANS-Thank you very much sir/madam for this golden opportunity. It was wonderful experiance to know all of you.I would like to know the areas you found where I should brush up.......thanks a lot for your feedback. I will definetly improve myself as per your suggestions. I would like to hear from you very soon.
5) DESPITE OF HAVING BIG ECONOMISTS IN INDIA LIKE DR.MANMOHAN SINGH AND MONTEK SINGH AHLUWALIA .... THEN WHY THEY ARE NOT ABLE TO CONTROL INFLATION ??
ANS- REFER THIS LINK - http://business.rediff.com/special/2010/jul/28/spec-why-is-inflation-in-india-so-stubbornly-high.htm
6) "HOW WOULD YOU SELL REFRIGERATOR TO AN ESKIMO?"
ANS-theme is how can u sell a stuff which is irrelevant to certain condition...so one should think in a way that wat exact benefit one cud get from it so that the stuff is sold without much bargaining.
hello sir gud evening .sir m from xyz co. we are leading manufacturers of refrigerator around the world . we manufacture according to clients need.as u r living in atarctic which is the coldest place so seeing the climate here our company has manufactured a refrigerator which will maitain the protiens,all natural benefits of fodd as it is for weeks . to live in this cold environment u need to be fit so if u store ur food items in this refrigerator u will get all the benefits of freshly cooked food.morover if u book ur refrigerator rit now u will get a pack of 6 air tight containers absolutely free..we have downpayment scheme also where u just need to pay 10% of refrigerator at the time of booking and rest 90% in 9 equal instalments .so sir take quick decision as this is special offer just for antarctic people .u wont find any other company around the world making such wonderful multi benfit refrigerator.
7)How would you choose to buy a particular stock?
ANS-before buying any stock i will consider the issuing company's goodwill in market , its promoters track record,its board of directors composition,last 3 years profit and loss statement and balance sheet, QIB holding in company,FII holding in company,venture capitalist investment, government holding.,.......now i will consider its share.......dividend payout ratio,p/e ratio,eps,mps,highest and lowest level of share price .....
8)What major factors drive mergers and acquisitions?
ANS-mergers and acquisitions are the tool of corporate restructuring ...... so any company before opting for this mechanism considers .......tax benefits, market capitalisation,synergy,technological advancment ,quality employee, goodwill,profit sharing ratio,etc........valuation
of shares is important part
9)What is goodwill? How does it affect net income?
ANS-goodwill is an intangible asset....means they dont have physical exsistence but plays an important role in calculating companies worth........for finding the amount of goodwill ....
for eg---- comapny A wants to buy company B now .........B have assets worth rs 1 lakh and liabilities worth 50000.....so net assets becomes 1 lakh -- 50k===50k but company A paid rs 75k.......so this means the differnec ie 75 k-- 50 k ====25 k is amount of goodwill.
Goodwill can be defined as a process, or set of tools a business has used over the years to distinguish itself in the marketplace, to generate sales and to produce top-quality items consistently.e.g If you conduct a survey to figure out where customers stand on things such as product quality, customer service and corporate perception, the company that tops the list generally has high customer goodwill. Net income, also known as bottom line, is the number a company shows at the bottom of its statement of profit and loss, also known as a statement of income. Goodwill affects net income through amortization, the practice that gradually spreads the value of goodwill ( or any intangible assets). Non-physical assets include patents, copyrights and exclusivity rights.i.e amortization reduces the value of net income.
10)"WHAT DO YOU UNDERSTAND BY CAPITAL ADEQUACY RATIO,CRAR,BASEL II AND III?
ANS-Capital adequacy rato is the risk capital means it is to kept by bank in case of any risk so that bank dont cllapse like that happened in usa......basel 2 is concerned with risk managment and car was developed there only
Capital Adequacy ratio is the amount of capital a bank should have as a percentage of the total risk weighted assets. Its (tier I capital+ tier II capital)/risk weighted assets *100. Basel is the name of the place where the Basel Committee for Banking Supervision holds its meetings. The BCBS has G10+G20 and some countries like Luxemburg as members. Basel II is the current regulation. Was mandated in India in 2008(though banks had applied the rules much earlier than 2008). Basel II introduced the three pillars of CAR, assessment of CAR and the mandatory disclosures. Basel III was organised after the global crisis of 2008, and some of the measures it has recommended includes increased reqdmnt for common equity for 2% to 4.5% (basel II to Basel III), Tier I capital from 4% to 6%, and a new mandatory buffer for capital conservation; plus an optinal cyclical buffer of 2.5%. OECD has forcasted that Basel II recommendations will slow down the global economy's growth rate.
Tier I capital is Common stocks plus retained peofits. Tier II is Undisclosed profits, total perpetual shares, subordinated loans, provisions, investment fluctuations, andrid debt capitals.
11) "WHAT DO YOUR UNDERSTAND BY MERCHANT BANKING IN SIMPLE LANGUAGE WITH EXAMPLES?"
ANS-merchant banking is concerned with ipo,fpo,etc.when company decides to step into share market ie for attracting public deposits for its expansion then they have ipo ie initial public offering route means when company first issues its shares in market.then there are several provisions which are required to be fulfilled.and in those provisions appointing merchant banker is one merchant banker is the person having high knwoldge about all the matters concerned with ipo.so merchant banker is the one who is responsible getting approval from sebi,rbi,etc or communicating with these organisations.he is the person who is to comply with roc norms and have to make a due diligence report
A merchant bank is a financial institution which provides capital to companies in the form of share ownership instead of loans. A merchant bank also provides advisory on corporate matters to the firms they lend to.
The merchant banker are those financial intermediary involved with the activity of transferring capital funds to those borrowers who are interested in borrowing.
The activities of the merchant banking in India is very vast in nature of which includes the following
a) The management of the customers securities
b) The management of the portfolio,
c) The management of projects and counseling as well as appraisal
d) The management of underwriting of shares and debentures
e) The circumvention of the syndication of loans
f) Management of the interest and dividend etc
12) "WHAT IS SARFAESI ACT 2002. HOW IS IT USEFUL TO BANKS?"
ANS-The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, allows banks and financial institutions to auction properties (residential and commercial) when borrowers fail to repay their loans. It enables banks to reduce their non-performing assets (NPAs) by adopting measures for recovery or reconstruction.If a borrower defaults on repayment of his/her home loan for six months at stretch, banks give him/her a 60-day period to regularise the repayment, that is, start repaying. On failure to do so, banks declare the loan an NPA and auction it to recover the debt.
13) "IF YOU HAD ENOUGH MONEY WOULD YOU RETIRE TODAY?"
ANS-Im passionate about building my career and my objective is to create a niche for myself. So, even if I have enough money, I will definitely not retire because my aim is to create a very good identity for myself. I 'm pretty sure that i'l be able to do that if I start working.
14) "Describe the characteristics and working style of supervisors you like to work and for whom you have given the best results.?"
ANS-Supervisor should behave like a leader not like a boss. Boss Say "GO" while leader Say " Let's GO"..this is the main difference between boss & leader..So each & every place supervisor always try to be Leader not boss.....Supervisor shoul have relation like friends with the employees/followers....He/ she should mark the weak points of his/her follower & shoul give advise to erase their -Ve ponits... I always like to work under leader not undera BOSS....Because leader always help me to improve my performace & will behave like a friend...
15)" WHAT DO U UNDERSTAND BY FINANCIAL INCLUSION AND INCLUSIVE GROWTH IN TERMS OF BANKING? EXPLAIN IN YOUR OWN SIMPLE LANGUAGE"
ANS-financial inclusion means connecting underpreveliged section of society with banking network ie by providing deposit,lending,etc facility...... for attaining this financial inclusion provision of no frill account was made means zero balance account for poor as rural people are mostly low earners and they are dependent on non institutional sources for borrowing and as they dont have money so how can they pay minimum balance for account opening so this zero balance provision came into lime light and no frills are very easy to open as the formalities are minimum.............hence through financial inclusion the aim is to connect every men in country with banking network for this swabhiman scheme was launched under which 73000 villages having population of more than 2000 will have a bank by march 2012
second part----- inclusive growth means on one hand by providing core services and on the other maintaing growth rate with spreading the benefits of this growth like in financial inclusion on the one hand core services are provided with maintaing growth + giving benefits of this growth to public at large
16)"WHAT IS DEFINITION OF BANK RATE, REPO RATE, REVERSE REPO RATE, CRR AND SLR? KINDLY STATE PRESENT RATES OF THESE"
Bank rate: Rate at which central bank provides loan to commercial banks and other financial bodies.
Repo rate: Rate at which banks borrow rupees from RBI. Whenever the banks have any shortage of funds, banks borrow it from RBI.
RRR: This is exactly opposite to Repo rate. It is the rate at which RBI borrows money from banks. RBI uses this tool when there is extra money floating in the banking system.
CRR: It is the amount of funds that banks have to keep with RBI.
SLR: It is the amount that commercial banks needs to maintain with themselves in the form of cash OR gold OR govt. approved securities (Bonds) before giving credit to their customers.
Bank Rate: 6 %
Repo Rate: 8.50 %
RRR: 7:50 %
CRR: 5.5 %
Commercial banks borrow money from central bank by submitting securities. Here, interest rate is laid on the taken amount. This rate of interest is called repo rate. This is on short term basis and fixed at defined date and rate.
E.g.: This is like taking money at the usurer and taking back the thing which we have kept at him paying the money and interest back at pre-defined date.
This is also taking money from central bank. This is for longer period of time. Sale of securities is not included.
E.g.: This is like taking money from a person and paying monthly the interest for taken amount.
17) "How do you rate yourself in computer skills? Please describe the programs and software that you can use well."
18)"What's the most important thing you've learned in school? b) In work? c) In life?"
ANS-From school,I have learnt to be punctual and to work to my best level to reach my goals.from school I learnt to put my words in orderly and acceptable format which otherwise would not have been possible.From work I learnt nothing because I have not taken up any job after my education.I f by work one mean to say any work then i wud like to say i have to work,rework till i get the desired result.From life till now I have learnt to be honest in my deeds and words and to be humble towards all kinds of people.And learning is continuous process even after this interview I would learn a thing or two and wud help me to be more improved human version in future.
19)"How will you handle the situation if an experienced and old employee misbehaves with you in office ?"
ANS-Sir, I think We should treat with our colleagues, senior employees & freshers as a family member. In a family..the tussle may take place b/w the members..but this is for only few moments....In this type of situation..I will tell them to be calm down & advise them to make focus on work b/z we all are working 4 business & growth our organisation.....Our vision is same ..so we should give respect to each other should move forward to our main goal
i will listen to him calmly.....If I am wrong then I will apologize to him...BUt If I am not wrong I will try to convince him that its not my mistake and even then also he wont understand I will take help of some senior staff and make them to understand him.
20)"-what is toughest decision u ever had to make ??"
ANS-my toughest decision in my life was that a car crashed into truck n a lady of 85 n a gal of 16 years of age were badly injured i was not in a condition whom to save then i made a decision n savd the gal as she has not lived her life she has to see the world still
toughest decision of my life was when my parents were getting seperated and i've to choose with whom i want to live
the toughest decision ever by me is whether to vote mayawati or mulayam singh yadav .....as both have different style of politics and the party which will come into force will only makes any state to grow and prosper
21)"Explain an example when you had a personal conflict or ethical dilemma and how you resolved it?"
ANS-sir i made a written complaint against a person who was holding two govt jobs at a tym in a personal conflict but wen i saw due to that complaint his wife n two little chindren r going to suffer a lot so i was in ethical dillema that is it right to get that person punished or leave him so i thot that law is to end crime not the criminal so i withdrew the complaint by having a promise by him that he will not be involved in any kind of such immoral n corrupt practice ..
22)"WHAT MAKES YOU ANGRY?"
ANS-Well, as a human it is natural to get angry.. But what is important is not to show in face and not letting it to affect our work and attitude. However I won't get anger usually except at times when people behave irresponsible towards the work. But I have my own way of coming out of it. I would like to discuss rather than argue with someone and find a way to let him/her realize his/her responsibilities . Also I am an open minded person and I welcome suggestions from all side and always try to correct my mistakes.
There is nothing in particular that makes me angry. It all depends on the scenario and the circumstances of the event. I have hardly ever been angry. But once when my mother got hurt in an accident I was angry because the person instead of being sorry, accused my mom of feigning her injury!
23)"DID YOU PREPARE FOR INTERVIEW? WHAT DID YOU PREPARE AND FROM WHERE?"
ANS-Well, I made quite an effort to do that. I browsed through the website of the organization, I learned about the various products it offers and I understood the specific roles and responsibilities of the separate teams. Moreover, I did a ‘competitor-analysis’ to ascertain the market share, business model and revenue comparison of your competitors. Lastly, I tried to reason out how I would be able to bring my expertise to the table while bridging the need gap to new markets and retaining our market position.”I like to study with a group. Typically, I get together with a few classmates and study. We review notes, quiz each other, and provide moral support. I have always worked better in groups and that is reflected in my study habits.
24)"HOW DO YOU EXPLAIN SO LESS PERCENTAGE IN GRADUATION OR ANY OTHER CLASS OR WHY DID YOU SCORE SO LESS IN THIS PARTICULAR EXAM?"
ANS-I don't want to make any excuse regarding less percentage in bca -2nd.i will not blame the marking system of university.it was all my fault.i didn't attempt the exams as it should be. the exam should be written following appropriate pattern,according to marks.which was the weak point for me,attempting the exam in effective manner brings good marks.but now i knew all the reasons behind the less %ge last year which has resulted in good marks this yr in my internal exams.
25)" DONT YOU THINK U R NOT OVERQUALIFIED FOR THIS POSITION SO WHY WILL YOU NOT LEAVE THIS JOB?"
ANS- sir,in ur opinion i am overqualified,but how can i be overqualified as i don't have any experience of working in such a prestigious bank of urs.no one is overqualified till he/she gets any experience.as far my qualification it will only help me to do the work effectively rather creating any problem for me or ur bank.and why should i leave the job ,if i got a chance of working nd gaining experince .underqualified can be a problem but not overqualified as it will only enhance the working capability of mine.i wil serve ur bank more effectively.
No sir I don't think so I am Over qualified for this post because! knowledge is not having any limit I am just a fresher not having any practical knowledge about what kind of work we are going to do in the organization so this is the best platform for me to learn something new and to enhance my skills.I think there is no term like overqualified because when a person begins to think that he is overqualified then from that very moment his fall starts, as far as I am concerned I can say that I am just a fresher and I am just well qualified for this post.
26)"WHICH IS MORE IMPORTANT CUSTOMER OR ENTREPRENEUR? HOW DOES BANK EARN PROFIT FROM BOTH?
ANS-Someone who exercises initiative by organizing a venture to take benefit of an opportunity and, as the decision maker, decides what, how, and how much of a good or service will be produced.
An entrepreneur supplies risk capital as a risk taker, and monitors and controls the business activities. The entrepreneur is usually a sole proprietor, a partner, or the one who owns the majority of shares in an incorporated venture. According to economist Joseph Alois Schumpeter (1883-1950), entrepreneurs are not necessarily motivated by profit but regard it as a standard for measuring achievement or success. Schumpeter discovered that they (1) greatly value self-reliance, (2) strive for distinction through excellence, (3) are highly optimistic (otherwise nothing would be undertaken), and (4) always favor challenges of medium risk (neither too easy, nor ruinous).
27)"where do you find yourself in 5 years from now(career wise)?"
ANS-In five years I hope to be in a role that impacts and contributes to my company. I am interested in a creative and challenging work environment that will best utilize my team building and problem solving skills. I am hoping that my background in computers will lend to my growth and success. As I grow in my incoming and subsequent roles I hope to bring others up the ladder/provide to the personal and professional growth of the junior team members. I want to be the employee that is remembered for the problems that became solutions and the unattainable became a reality. Maybe I will be somewhere in between but I will be positioned as a long term and valued employee. That's where I want to be.
28)"What you will do if we dont select you ?? "
ANS-i have given my 100% in the interview and i believe i have a good chance to get selected..However, if i don't get selected i will try to work on the my weak point if any (will ask interviewer my weak point if any to work on it when they give me a chance to ask a questions) and later fight for the same position in your bank, because it matters a lot for me!!
Would assume that I am good but the chosen was the best, so skip back wait for another fight and work with one sharp statement for another interview 'retreat or suffer defeat'Inspite of performing well throughout the selection process, if i am not selected...then, u must be expecting greater performance from the candidate for this post. I wud give my best the next time .meanwhile, i will continue in the company i am working for and improve my skills.
29)"What are your hobbies and passions, how have they helped you in making a change in your life and tell me difference between liking, hobbies, passion.?"
ANS-my hobby is to make new frnds and my passion is to get a higher position in bank ....as all policies of banks are made keeping customer welfare in mind so for this a good my hobby ie to make frnds is helpful coz one who makes frnds easily can communicate and understand the plight of customer easily and formulate policies accordingly which will lead to fulfillment of my passion ........ coming to the difference between liking , hobby, and passion........liking is what we always want to do , hobby is what without which our identity is incomplete and passion is what for which we are living and doing things
30)"WHY THERE IS A GAP IN YOUR RESUME OR WHAT WERE YOU DOING IN THESE LAST 2-5 ETC YEARS?"
ANS- i am a 2009 pass out mechanical engineer . Soon after graduation i took coaching for mba entrance examinations. As i couldnt get through good bschools i opted for a job in hcl and was parallely Preparing for Bank Exams and mba entrance Exams...its just after 5 months of my job i met with a cab accident and got injured my right hand badly...it was a major fracture and i couldnt continue my job neither give any Exams..it would take one year to heal was the diagnosis given by doctors but i never give up on anything...without hurting my right hand i devised methods to take on Exams and finally cleared ibps and now i am in front of you Sir..
after completing my 10+2 i hv opted for cs with bcom both at one tym ....after completing my grads i went to delhi for taking coaching classes then started preparing for finals of cs simultaneously opted for various computer courses for enhancing my knowledge in order to make me suitable for the post of assistant manager....so the gap of 2 yrs is totally utilised for gaining knowledge.
31)"WHAT SIGNIFICANT TRENDS DO YOU SEE IN FUTURE FOR BANKING SECTOR?"
ANS- Banks will remain the most prominent growing sector and some major trends we can see are Door Step banking facilities, Lower NPA Rate, With Aadhar Card coming it will help identify the defaulters and money will not flow in bad hands, Atleast 2 Banks in Rural areas and Phone banking facility.
32)"WHAT ARE YOUR GREATEST STRENGTHS AND WEAKNESSES".
ANS-my strengths are my adjustng nature to situations. be it difficult or easy. adjust myself to situations around me. another strength is keeping my self calm, dedication to my work is another strength....weaknesses are relationships, as i do care forall the people around me and can t see them in trouble or tears which at times led me to trouble, another weakness is that i want to see everythng around me in perfect order and in time whether be it at home or in office
Well i would say my strengths are i am good listner, very quick learner and can do different work/tasks with very little training.
Like strenghts, i have few weaknesses too, Sometimes recheck my work twice after it is done, it takes little bit more time than what i usually take. But i make sure that that particular work should finish before the deadline.
33)"DO YOU CONSIDER YOURSELF SUCCESSFUL?"
ANS-success is the progressive realization of a worthy goal.a goal that one aspires for or has set for oneself...being a mgmt graduate i aspire to grow to be managerial and professionally sound person..i believe i shud accomplish this in about 5-10 yrs time..i have acquired the basic qualifications fr dat...im on the verge of accomplishing it nd im sure i'll achieve the goal and become successful.
34)"WHY DO U WANT TO JOIN BANKS BEING ENGINEER, MSC, BSC, CHEMIST ETC."
ANS-Bcoz sir bank is one of the fastest growing sector in India today with no corruption. Being a Comp Engg it would not be tough for me to learn the software used in Bank than other graduate students. Doing Engg i am able to do the Administration level job also by which i have done justice to the post and made myself eligible to join one of the largest bank in India.
Bank is nt only the financial heart of the communitynbut also one with obligation of helping in every possible manner to improve the economic condition of common man.n I always be eager to make career in that field which is concern for less previledge and where I got opportunity to serve people.
Bank will fullfill my this dream .
35)"HOW WOULD YOU DESCRIBE YOURSELF OR DESCRIBE YOURSELF?"
ANS- I'm a people person. I really enjoy meeting and working with a lot of different people.
I'm a perfectionist. I pay attention to all the details, and like to be sure that everything is just right.
I'm a creative thinker. I like to explore alternative solutions to problems and have an open mind about what will work best.
I'm efficient and highly organized. This enables me to be as productive as possible on the job.
I enjoy solving problems, troubleshooting issues, and coming up with solutions in a timely manner.I would like to describe myself as a one of the helpful person because i like to help anyone at anytime for any kind of useful work. I am also prepare myself for work with honestly and fulfill all requirements without any commitment. I would like to spread my work for I accept new challenges to face. It gives me the inspiration and good experince in my life. So, always i stood as one of the useful employee for your organization
36)WHY BEING AN ENGINEER, BACHELORS OR MASTERS IN BIOCHEM, BIOLOGY, CHEM ETC, WHY DO YOU WANT TO JOIN BANK?
ANS- Banking is good,steady & challanging career with lot of perks attached to it.You can expect to rise upto the top most position if you are focussed backed by hard work & dedication.Being an Engineer,you have added advantage to get into IT sector besides having better analytical approach in comparison to graduates of other stream.It appears that you have been selected as PO & is elegible to get next promotion in next three years thru fast track selection process.
I feel that banking is far better than pvt.sector.jobs. job security, nice financial emoluments and growth opprtunity......besides banking sector takes lot of care of its employees....nd moreover I am gettin an opportunity to work in one of the largest bank in India...which caters to
need of crores of ppl....nd it is growin everday...as well keepin its...policy... which suits to everybody needs.
BANK INTERVIEWS -- union bank --ibps po Reviewed by sambasivan srinivasan on 7:06:00 PM Rating: