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IBPS Bank PO CWE Result 2011: How to select a better PSU bank?

By Amit Kumar Subscribe to RSS | December 28th 2011 | Views:
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IBPS has declared the results of First CWE PO Exam 2011 for job in 19 PSU Banks. Out of aprox 10 Lac applicants 1.1 Lac candidates have declared successful for PO job.

PSU banks are in preparation of calling interviews for final selection. There are 19 PSU banks are member of this recruitment drive and now some private banks are in contact with IBPS and PSU bank members for getting candidates from the same exam.

Now successful candidates are in dilemma to choose a bank for getting final job joining. Banks are going to call candidates on the basis of score. The candidates having rank upto 10, 000 will be in win-win situation and they have option to select bank of their choice then participate in interview.

How to choose a PSU Bank for job?

PSU banks are governed by central govt and have 51 percent stake. Means central govt is actual owner of these banks. In spite of same govt ownership the basic salary , dearness allowances and HRA is same in all banks but housing rent, medical facility, travelling allowances, education facility to children, furniture and fixture, home loan, auto loan facility, transfer policy like many things varies in these 19 PSU banks.

Before taking decision for final job following things are to be kept in mind:

1. Larger Bank: larger the bank may got more profit and then better facilities can be available. Suitable posting available due to larger branch network.

2. Main Coverage area of the bank: If bank is a region based then posting will be centered in that particular region.

3. Better medical, house rent allowance, furniture, monthly travelling allowances and other facilities etc.

4. Banks having more foreign branches : Foreign posting opportunity.

5. Bank having maximum branches on CBS technology (core banking Solutions), online banking and other modern facilities.

With announcement of CWE result all candidates are advised to get updated on Indian Banking in context with global scenario with banking current events.

Banking Glossary is sufficient on banking concepts but books on current banking and economic are also recommended for better performance in bank PO interviews.

Amit Kumar - About Author:

The author is an expert in the field of the banking sector as Banking Job Consultant . He also keeps a good knowledge about Banking Exam Results in banks. For more information, you can visit www.bankingonly.com

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