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MBGB Recruitment

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The vision of MBGB is to be a financially strong, efficient, and the most favoured bank in their area of operation. They also want to provide cost effective developmental banking for small business, mass market and rural markets in their command area. If you want to become a part of this bank, you can find out all the details related to MBGB recruitment on this page.

Details regarding MBGB recruitment procedure, posts, vacancies,educational qualifications, age limit and salary

  • Bank Job For Counselor Post
    Post Name Counselor No of Vacancy 11 Posts Pay Scale Rs.15000 - Per Month Educational Qualification Individual retired as Bank officers Scale-II, Scale-III, Scale-IV with experience in recovery of NPAs and have worked in rural semi urban areas. Nationality Indian Age Limit 62 years Job Location Patna Bihar How to Apply MBGB Vacancy Interested Candidates may apply in prescribed application form along with relevant documents send to The General Manager, Special Asset Management Department Madhya Bihar Gramin Bank, Head office, Shri Vishnu Commercial Complex, NH- 30, Near Highway Petrol Pump, Aashochak, Patna-800016 OR e-mailed to samdmbgbho gmail.com on or before 05.03.2016....
  • Bank Job For Recovery Facllitator
    Post Name Recovery Facllitator No of Vacancy 11 Posts Pay Scale Rs.20000 - Per Month Eligible Criteria for MBGB Recruitment Educational Qualification Individual retired as Bank officers Scale-II, Scale-III, Scale-IV with experience in recovery of NPAs and have worked in rural semi urban areas. Nationality Indian Age Limit 62 to 65 years Job Location Patna Bihar How to Apply Interested Candidates may apply in prescribed application form along with relevant documents send to The General Manager, Special Asset Management Department Madhya Bihar Gramin Bank, Head office, Shri Vishnu Commercial Complex, NH- 30, Near Highway Petrol Pump, Aashochak, Patna-800016 OR e-mailed to samdmbgbho gmail.com on or before 05.03.2016....

About Mbgb

Mbgb Jobs

MBGB (Madhya Bihar Gramin Bank) Sponsored by Punjab National Bank was established under Regional Rural Bank Act, 1976 and by Govt. of India, Ministry of Finance, Economic affairs and Banking Division notification no. F. No. 1(1) 2006-RRB dated 10.02.2006 by amalgamating four RRBs viz. Bhojpur Rohtas Gramin Bank, Magadh Gramin Bank, Nalanda Gramin Bank and Patliputra Gramin Bank. The bank is categorized under scheduled banks and is authorized for all types of banking business under section 5(B) of Banking Regulation Act 1949. As per RBI notification vide their letter no RPCD. CO. RRB. NO. BC. 77/03 .05 100 /2008-09 dt.17.12.2008 the name of MBGB has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by notification RPCD. CO. RRB. NO. 3231/ 03.05 100/ 2008-09 dated 22.09.2008 published in the Gazette of India (Part III – Sec .4) dated 15.11.2008. Simultaneously the names of erstwhile RRBs have been excluded from the Second Schedule to the RBI Act, 1934.
The bank is rendering its services to meet all the banking requirements of the rural and urban areas. In the light of the changed scenario in the banking sector, the bank is also providing its services to non target group beneficiaries along with the target group beneficiaries.

MBGB's Mission

To treat and serve our customers with respect and pleasure and support them in activities that improves the quality of their life.

To create financial security for our customers and to create value for our shareholders in ways that continues to emphasize quality, high value and uncompromising integrity.

To promote confidence and commitment among the staff members so that the bank addresses expectations of the customers efficiently and technology banking is also handled with ease.

To provide all employees of the bank, with an environment that inculcate belongingness to the bank and recognizes professional development, creativity and ambition.

To Focus on high earnings and business growth with a very low volatility by maximizing competitive risk adjusted return on capital, planned reduction in the average cost of funds, increased yield on advances and investments besides reduction in cost of operations.

To facilitate a process of restructuring of branches to support a greater efficiency in the field of rural and retail banking field.

To adopt and operationalize high – level technology standards for developing innovative products and low cost services that attract our targeted customers and address inefficiencies in the Indian financial sector.

To adopt professional approach in managing financial as well as nonfinancial risks, through an effective Risk Management and Internal Control System in the bank. To Maintain a high standards in for asset quality through disciplined credit risk management

Our vision statement reminds us of what we want to be. It guides our decisions as we strive to provide the finest customer service, create superior products and give the best results for satisfaction of our stake holders. It reminds us that we must not simply be competitive, but we must also be better than other financial institutions in our area of operation.

 

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