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VAGARIES OF ECONOMY INCREASES DEMAND FOR BANK JOBS by lakshmi priyanka





Article Author Biography
VAGARIES OF ECONOMY INCREASES DEMAND FOR BANK JOBS by
Article Posted: 08/10/2012
Article Views: 647
Articles Written: 36
Word Count: 513
Article Votes: 1
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VAGARIES OF ECONOMY INCREASES DEMAND FOR BANK JOBS


 
Business,Career
The World economy has been having the jitters for quite a while now, and its reflection is showing on job markets around the world. It is natural then, that in times of such economic turbulence, people turn to the most stable, secure and trustworthy career options. InIndia, public-sector bank jobs have always been one of the top priorities in this regard.

Indians, traditionally and culturally, are not an adventurous peoples. We are family oriented people for whom it is essential that all the essential needs of family are taken care of. Let us consider a few of the reasons why bank jobs are so highly prized inIndia:

1. Regular Working Hours: A decent Bank job allows the employee to go home and spend quality time with spouse and children.

2. Consistent Income: regular and attractive income ensures that bills are paid for and children can be provided with a good education.

3. Low Interest Housing and Vehicular Loans: both public sector and private sector banks provide employees with low interest Automobile and housing loans which are meant to provide more stability and security for the employee.

4. Educational Scholarships: all public sector and most private sector banks provide educational scholarships for the children of employees who are meritorious.

5. Medical Insurance: Government Banks provide employees with free medical care as well as medical insurance.

6. Attractive Pension:Upon Retirement attractive pension schemes are provided for bank employees.

7. Appointments for Family Members on Compassionate Grounds: if a bank employee passes away, leaving the family in dire straits, a family member is often given an appointment according to their skill level to ensure that the family's financial condition remains secure.

8. Travel and Holiday Benefitsare also provided for bank employees.

When all these benefits are added on top of almost total job security it is not surprising that bank jobs inIndiaare so highly valued.

Further, if one were to say, bank jobs also provide:

A.TheOpportunity to grow and evolve with all the technological advancements that are taking place in the banking industry today,

B.High Status in Indian society

There can be no argument then that in a country as populous as Indiathousands of prospective and eligible candidates apply for every bank job vacancy. With computer access and cellular technology reaching most villages in India, prospective candidates are able to find out about latest bank jobs almost instantaneously and apply for them online.

The Indian government has tried to solve the problem of recruitment into government Banks with competitive bank examinations that are conducted routinely in order to siphon out the most skilled candidates. Understanding the value of excelling in these examinations, Indians have started attending courses that are conducted precisely to gain entry into bank jobs.

With methodical planning, thorough preparation and total dedication you too can learn about the latest openings in banks, excel in the bank examinations and be among the lucky few who manage to procure a precious bank job in India.

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