5. Bank and Insurance Examinations.
There are mainly three types of Banks in our country; they are Nationalized banks, Co-operative Banks and Private banks. with the development in Indian Economy banking sector is growing day by day, in near future the growth in this sector will increase the employment opportunity. . The Banking Industry is recruiting in a big way. In the next five years , banks will have to recruit almost 7.5 lakh people Generally, the bank examinations are of the following types :
(A) Common Written Examination (CWE) conducted by the Institute of Banking Personnel Selection (IBPS) as a prerequisite for the selection of personnel for Probationary Officer/Management Trainee/Clerk/Specialist Officer posts in 19 Public Sector banks.
(B) Exams conducted by SBI and SBI Associate banks for recruitment to the posts of Clerks and officers.
(C) Exam conducted by Private Sector banks for recruitment to the posts of Clerks and officers
(D) Exams conducted by Regional Rural Banks (RRBs) and Cooperative banks for recruitment to the posts of Clerks and officers.
Except for SBI, almost all the major Public Sector Banks are participating in the CWE. The 19 banks which are participating in the CWE are Allahabad Bank, Andhra Bank, Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Corporation Bank, Dena Bank, Indian Bank, Indian Overseas Bank, Oriental Bank of Commerce, Punjab National Bank, Punjab & Sind Bank, Syndicate Bank, Union Bank of India, United Bank of India, UCO Bank and Vijaya Bank.
The Common Written Examination will be conducted 5 times in a year, twice for Probationary Officer/ Management Trainee, twice for Clerical Cadre posts and once for Specialist officer posts.
Private sector and co-operative banks conduct their own exams.The major recruiters in private sector include the ICICI Bank, HDFC Bank, Axis Bank, Federal Bank, Centurion Bank of Punjab, Indusind Bank, Kotak Mahindra Bank, Yes Bank, ING Vysya Bank, Bank of Rajasthan, KarurVysya Bank, Karnataka Bank, Jammu & Kashmir Bank, South Indian Bank, Bharat Overseas Bank, etc. Please visit :
http://www.ibps.in/career/
Insurance Sector
In India, by and large, Insurance was under Government Undertaking till the recent years, but after the opening of Indian Market, now-a-days many of the multinational Insurance companies have come to offer more job opportunities in the insurance sector in India. But still the major Indian Government undertaking Insurance Enterprises namely LIC (Life Insurance Corporation), GIC (General Insurance Corporation) and Postal Life Insurance are always in the top place in recruiting the candidates for the placements by giving secured job to its Competitive Exams. People prefer to serve in these Establishments in large number.
In the three major Insurance Companies of Indian Government i.e. Life Insurance, General Insurance and Postal Insurance, following positions are recruited every year basis:
Officer positions
Agent positions
Insurance surveyor positions
Following are some of the important examinations for entry of the jobs into insurance sector
LIC Officer's Exam
LIC Development Officer's Exam
GIC Officer's Exam
GIC Assistant's Exam