600 Posts Available In Bank of Baroda; Here Are The Other Details
Bank of Baroda has recently released a new notification inviting the candidates to apply for the post of 600 Probationary Officers. The process for the online application started on June 12, 2018, and the last date to apply is July 2. The expected date for the examination can be July 28, 2018.
The candidates applying for this post should have graduated with minimum 55% marks and the candidates from the SC/ST/PWD should have at least 50% in graduation. The candidates applying for this post should have completed graduation from a recognized University or the candidate must have an equivalent qualification recognized by Central Government. The applicant must have been born not earlier than 03.07.1990 and not later than 02.07.1998 as per the instructions are given.
The selection process of the candidate will include (open) online exam, Group Discussion, and Interview. The open online examination will consist of questions on Reasoning and Computer Aptitude, General/Economy/Banking Awareness, Quantitative Aptitude, English Language, Letter writing, and Essay.
The candidates are supposed to apply Online through the link given in the career page of Bank’s official website www.bankofbaroda.com. Any other means of application will not be accepted in any case.
Before Bank of Baroda, State Bank of India released the notification inviting candidates to apply for the post of 2,000 probationary officers. State Bank of India which is the country’s largest public lender invited candidates for the post of bank probationary officers. The selected candidates will be posted anywhere across India by State Bank of India.
Apart from recruiting 2,000 probationary officers, State Bank of India also offers 8,300 clerical staff seats in which 1,100 seats will be given to the candidates from the reserved category. SBI had to take this decision because a total number of 2, 79,803 staff were present at the start of the financial year which eventually reduced to 2, 64,041 in March. As stated by the SBI official, the main reason behind the reduction of staff was retirement and another major reason was voluntary retirement scheme post-merger. Around 3500 employees opted for the voluntary retirement scheme post-merger.
The employees retiring from SBI are around 10 to 12 thousand per year and a total of 18,973 employees retired between April 2017 and March 2018. Because of the retirement, the bank has saved around 2.34 percent of staff’s expenses. The employee cost has reduced from Rs. 35,691 crore to Rs. 35,411 crore.
Many people lost their jobs because of the digitization but it has helped a lot in improving and modifying the traditional technique which is important for the banking sector. Through digitization, banks are able to provide enhanced customer services which help in saving time.