With the beginning of 2017, a new year filled with new hopes and new challenges has begun. 2016 appeared to be fruitful for many banking aspirants but still many are struggling to achieve success. As human beings, we all know what disappointment feels like. While some accept defeat and give up on their goals & dreams, others use their disappointment as a new opportunity and often succeed beyond expectations.

This post is especially for those who are willing to make a career in banking sector and are ready to face new challenges in order to achieve success.

2017 will bring ample number of opportunities if you are ready and willing to accept the challenge. There is good news for all banking aspirants as government is planning to implement different projects in banking sector which will require huge manpower.

 

Before we proceed with the job opportunities in 2017, lets us first understand how do banks recruit their employees.

How do Indian National Banks recruit?

Major recruitment in government banks is made by IBPS. Institute of Banking Personnel Selection is responsible for conducting common written exam and interview for different banks

Candidates who qualify the necessary cut-off are allotted the bank of their choice. A candidate with high merit gets a bank of his/her first preference. Hence merit plays a big role to get a job in your dream bank.

 

Get ready to compete at All India Level for IBPS-PO Pre. It's FREE

Start Test  

 

Bank recruitment in 2016

5 major exams were conducted by IBPS in 2016:

  • Probationary Officer
  • Clerk
  • Specialist Officer
  • Regional Rural Bank Officer
  • Regional Rural bank Office Assistant

 

SBI does not participate in IBPS common recruitment process. They issue separate notification and select candidates based on their score.

Post

Exam Name

Vacancies

Probationary Officer

IBPS PO VI

8822

Clerk

IBPS Clerk VI

19243

Specialist Officer

IBPS specialist VI

4122

Officer

IBPS RRB

8824

Office Assistant

IBPS RRB

7736

 

TOTAL

48747

 

 

 

Probationary Officer

SBI

2200

Clerk

SBI

17140

 

TOTAL

19340

 

Total (IBPS+ SBI) recruitment = 48747+19340

                                           = 68087

Apart from the above mentioned vacancies, major recruitment was done by various government & private banks through PGBDF course:

IDBI (PO)

PGDBF

Indian Bank

PGDBF

Syndicate bank

PGDBF

IDBI (PO)

PGDBF

ICICI

Manipal PGDB

 

Also there were recruitments by RBI, NABARD, Karnataka Bank, Karur Vyas bank etc. which amounted to nearly 8,000- 10,000 vacancies in 2016.

Must read: 7 qualities judged in Interview for Bank Jobs

 

Bank Jobs: Competition is growing day by day

With the limited no. of vacancies and huge demand for bank jobs, competition is immensely increasing day by day.

Around 12-14 lakh candidates register for IBPS-PO & Clerk exams every year and 9-10 Lakh candidates appear for the exam.

 

Get ready to compete at All India Level for IBPS-PO Pre. It's FREE

Start Test  

 

How many Bank Jobs in 2017?

The number of bank jobs in 2017 is expected to similar like the previous year. On an estimate there will be around 80,000 bank jobs in government as well as private sector.

2017 began with a good start with SBI-PO recruitment a month before the scheduled time. As the year proceeds, there will a ample number of job opportunities coming your way.

Also read: Garima Chauhan’s Success Story: How to beat 20 lakh Competitors?

 

Benefits of getting a Bank job

Here are some benefits of getting employed in banks:-

  • Working as banker, you can ensure an upper middle class lifestyle.
  • There are ample job opportunities in this sector.
  • It provides true job satisfaction.
  • Pay scales are very lucrative & attractive.
  • There are many chances of promotion.

Hard work and dedication is required to build a successful career in banking sector. For those who are willing to accept the challenge, the rewards will be great. It might be possible to receive a setback ample number of times but what is more important is to get up and start working again.

Someone has rightly said,

“Our greatest weakness lies in giving up. The most certain way to succeed is always try just one more time.”

Get flat 30% discount on IBPS-PO Test Pack till tonight. Hurry!

View Offer Details  

Search on PrepLadder