tag:blogger.com,1999:blog-32558893500822999402009-06-25T21:37:42.224-07:00Banknetjobs.com, promoted by Banknet India is the only place for Jobs, career and Networking in the Financial Sector and IT/ITES Companies focused on the financial services. This blog will discuss, comment and provide latest news and happenings in the jobs market and career tips. Postings made on this blog are the personal views of employees, consultants and others affiliated to Banknet Group. You are welcome to post thoughts, comments and ask questions.Banknet Indiahttp://www.blogger.com/profile/07470143303077342700noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-3255889350082299940.post-22106276234589289262008-06-22T10:20:00.000-07:002008-06-22T10:42:37.426-07:00

Financial services outpaced the IT sector in Tier II and Tier III cities in providing the jobs to the young aspirants. Out of the total 26.35 per cent of the jobs created in financial services, the stock market, brokerage houses and mutual funds offered the maximum job vacancies in this sector, contributing a share of 35.44 per cent. It was followed by the insurance sector. After insurance sector

Insightshttp://www.blogger.com/profile/16013336934181144664noreply@blogger.com1tag:blogger.com,1999:blog-3255889350082299940.post-19721717219971765302008-05-27T20:06:00.000-07:002008-05-27T20:26:49.153-07:00

In last one month, public sector banks and cooperative banks in India have invited applications for more than 3,000 vacancies for officers. Major chunk of these vacancies are for Probationary Officers/Management Trainees. Also banks are hiring directly from market for specialist functions like Marketing, Sales, Agriculture, Economist, Planning, Research, Legal, Security, Audit, Human Resources,

finanzhttp://www.blogger.com/profile/10816076532046924339noreply@blogger.com0tag:blogger.com,1999:blog-3255889350082299940.post-83087535143273285142008-04-25T21:03:00.000-07:002008-04-25T21:29:35.522-07:00

What bank looks for in job applicant is one of the most debated & sought after question for the candidates trying to join the banking sector. Every bank has different bench marks. Also public sector banks differ in their recruitment approach from new private sector banks. However following capabilities/abilities, every bank look for in the new employees: - 1. Ability to lead and work in teams as

finanzhttp://www.blogger.com/profile/10816076532046924339noreply@blogger.com1tag:blogger.com,1999:blog-3255889350082299940.post-27681648152254532402008-04-14T03:52:00.000-07:002008-04-14T04:01:19.131-07:00

Employers are looking into the personal background. besides looking at experience, qualification, competence and communication skills of the candidates. HR firms are even seeking police verification wherever possible. Since fake qualification and experience documents have become frequent, companies go in for a thorough verification of backgrounds of the job seekers. Growing hacking, cyber crimes,

finanzhttp://www.blogger.com/profile/10816076532046924339noreply@blogger.com0tag:blogger.com,1999:blog-3255889350082299940.post-48279387017566028882008-04-03T22:51:00.000-07:002008-04-03T23:01:48.593-07:00

Public sector banks (PSBs) are expected to hire 20,000 in 2008-09.In 2007-08, the PSBs had hired over 15,000. Hiring is expected to go up in 2008-09 due to increase in business opportunities in retail banking, marketing and expansion in rural banking. The hiring is getting broad-based bringing in specialists along with generalists. For instance, Indian Bank and IDBI are currently looking for

intellecthttp://www.blogger.com/profile/04606784844131941574noreply@blogger.com0tag:blogger.com,1999:blog-3255889350082299940.post-4690378609501535932008-03-30T11:55:00.000-07:002008-03-30T12:11:52.388-07:00

Government has approved incentive schemes for creating 1,00,000 employment opportunities a year for the physically challenged persons in the private sector.Under the scheme, government will take care of the employer's contribution to Employees Provident Fund (EPF) and Employees State Insurance (ESI) for providing employment for the first three years to persons with disabilities. The scheme is

finanzhttp://www.blogger.com/profile/10816076532046924339noreply@blogger.com0tag:blogger.com,1999:blog-3255889350082299940.post-59592447131652866062008-03-18T20:08:00.000-07:002008-03-18T20:30:56.012-07:00

According to industry sources, the rapidly growing banking, financial services and insurance (BFSI) sector in India is expected to create about a million jobs every year for the next five years. The insurance industry will lead by creating 500,000 jobs. The issue is no longer about finding BFSI jobs for people, but ensuring that there are enough people with relevant skills for the jobs at hand.

finanzhttp://www.blogger.com/profile/10816076532046924339noreply@blogger.com1tag:blogger.com,1999:blog-3255889350082299940.post-21125283656806260292008-03-10T12:09:00.000-07:002008-03-10T12:11:27.286-07:00

Ma Foi Employment Trends Survey estimates that a million new jobs will be created in India in 2008. Health Sector shows the highest growth in recruitment at 8.9% followed by IT at 7.3%, ITES at 7.2% and Hospitality at 6.9%.Experienced workers are hired more than freshers, who constitute a little more than a quarter of the newly hired. Sectors where the demand for freshers is above 30% include

intellecthttp://www.blogger.com/profile/04606784844131941574noreply@blogger.com2tag:blogger.com,1999:blog-3255889350082299940.post-13107391208221455692008-02-22T22:50:00.000-08:002008-02-22T23:00:16.430-08:00

As per the assocham analysis, the average hike in wage cost of IT companies fell to about 22 per cent during Oct-Dec 2007, as against a whopping q-on-q rise of 45 per cent during third quarter of the financial year 2006-07. Thinning margins due to appreciating rupee is putting pressure on the software companies to put a check on its employees’ pay packages. At the same time, high emphasis

intellecthttp://www.blogger.com/profile/04606784844131941574noreply@blogger.com0tag:blogger.com,1999:blog-3255889350082299940.post-74684455335359241562008-02-10T22:34:00.000-08:002008-02-10T22:37:24.267-08:00

India's Top software services firm Tata Consultancy Services Ltd (TCS) is sacking 500of its employees as their performance was rated poorly. TCS has also started pay cuts from the salaries, wherever internal EVA (economic value-added) target was not achieved. Shortfall of Rs 83 crore in EVA is being recovered from salaries of employees. EVA is the difference between net profit and the cost of

finanzhttp://www.blogger.com/profile/10816076532046924339noreply@blogger.com1tag:blogger.com,1999:blog-3255889350082299940.post-87335006891254966652008-01-26T21:55:00.000-08:002008-01-26T22:19:03.420-08:00

Indians working with MNCs are expected to get the highest salary hike of about 14 percent on an average across the world in 2008.According to ECA International's Salary Trends Survey 2007-08, Indian employees working with MNCs are forecast to receive an average hike of 14 per cent, the highest across the world, and up from 12.6 per cent in 2007.India is followed by Argentina (12.7 per cent),

finanzhttp://www.blogger.com/profile/10816076532046924339noreply@blogger.com1tag:blogger.com,1999:blog-3255889350082299940.post-62490062617725895922007-12-16T11:14:00.000-08:002007-12-16T11:20:33.329-08:00

1. IT does not require any specific skills that are gender dependent2. Women are intrinsically suited to work within the IT-ITES industry as they are good communicators3. Being present from the nascent years in the industry itself helps them attain an at-par status with their male counterparts4. Women are particularly adept in important skills, multitasking and collaborative team play5. This

finanzhttp://www.blogger.com/profile/10816076532046924339noreply@blogger.com1tag:blogger.com,1999:blog-3255889350082299940.post-59036265901687512562007-11-23T04:49:00.000-08:002007-11-23T04:57:12.894-08:00

According to ASSOCHAM estimates, currently over 260 KPO companies are operating in India and the number can be reached at 350 by 2008 with employment opportunities for qualified professionals to the extent of 1,00,000. Some of the big companies like Genpact, Evalueserve, WNS, 24/7 Customer, EXL, Copal Partners, HCL, Wipro are providing variety of KPO services.The salary ranges are 12-15% higher

finanzhttp://www.blogger.com/profile/10816076532046924339noreply@blogger.com2tag:blogger.com,1999:blog-3255889350082299940.post-49994773156858750652007-11-19T10:01:00.000-08:002007-11-19T10:16:36.416-08:00

Public sector banks in India are looking to boost their headcount by more than 10,000in the next few months to meet increasing competition from global and domestic competition. State Bank of India and its associates alone account for over three-fourth of the planned hiring, with others like Canara Bank, Union Bank of India, Andhra Bank and Bank of Baroda also having come out with plans to expand

finanzhttp://www.blogger.com/profile/10816076532046924339noreply@blogger.com0tag:blogger.com,1999:blog-3255889350082299940.post-55095719129015511962007-11-18T11:50:00.000-08:002007-11-18T11:54:17.066-08:00

Now banks are also looking to hire large number of recovery officers on contract basis to ensure soft recovery of loans, and this is a major step taken to counter increasing reports of high-handedness by private recovery agents.Reserve Bank of India has recently warned banks that it would not hesitate to ban them from hiring recovery agents if abusive practices persisted.State bank of India has

finanzhttp://www.blogger.com/profile/10816076532046924339noreply@blogger.com0tag:blogger.com,1999:blog-3255889350082299940.post-60939758312488205662007-11-12T19:54:00.000-08:002007-11-12T20:01:28.214-08:00

Welcome to the official blog of Banknetjobs.com. Promoted by Banknet India, Banknet Jobs is the only portal for Jobs, career and Networking in the Financial Sector and IT/ITES Companies focused on the financial services. This blog will discuss, comment and provide latest new and happenings in the jobs market and will also feature career tips for aspiring students and budding professionals.

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